The importance of obtaining Turkish citizenship for investors:
Why should every investor obtain Turkish citizenship as soon as possible.. Follow us
- Friday 22nd July 2022 03:45 PM
- Last update: Friday 22nd July 2022 03:45 PM
Did you know that Turkish citizenship is one of the most important nationalities in the world? Many foreigners flock around the world in order to obtain its many advantages, especially the category of investors, because it provides them with a range of facilities that help them gain a large profit and achieve distinctive results.
If you would like to see the details of this topic you can follow up on the following article that will be presented to you by the editorial team at TUR property.
table of contents:
How does the investor obtain Turkish citizenship?
What mechanism should the investor follow in Turkey in order to obtain Turkish citizenship? In fact, there are many ways to get it , and this is what we will talk about in detail in the following paragraphs, where we will review together the available ways and conditions to be achieved.
Real Estate Investment:
Acquiring Turkish citizenship through real estate investment is the most popular method ever, for two reasons:
- It's easy to get.
- speed of getting it (Do not take more than a maximum of 6 months and a minimum of 3 months).
Conditions for obtaining it through real estate investment:
- The price of the property must be at least 400 thousand US dollars.
- The property shall not be sold before three years have elapsed since the date of purchase.
- Paying the value of the property through a Turkish bank to the seller and receiving a receipt for that.
- Extract the real estate appraisal document and this can be done within three days only.
- To be purchased from a Turkish citizen or a Turkish construction company.
- This should be the first time that the property is used to apply for Turkish citizenship.
- The foreigner should not be among the nationalities that are prohibited from buying real estate in Turkey.
Where do you think is the importance of obtaining Turkish citizenship through real estate investment and not in other ways? The property can be used during the three years that its owner is prohibited from disposing of it by renting it to obtain a fixed and distinct monthly return, especially if the location of the property is strategic, such as near tourist places or near infrastructure projects or the like.
It can be resold after the lapse of three years and benefit from the difference in price that will result between the stages of selling and buying, the prices of real estate in Turkey or other countries of the world register a significant increase over time, and the reason for this is the increasing demand for the purchase of real estate, especially if we are referring to a tourist spot such as Turkey, where tourists come from different countries of the world.
business investment:
The foreigner can obtain Turkish citizenship in exchange for investing in trade an amount of money of not less than 500 thousand US dollars or buy bonds or shares for a period of at least three years as well as a financial value of not less than 500 thousand US dollars.
Bank Deposit:
A common way to obtain Turkish citizenship is to deposit at least 500,000 US $ for a period of at least three years. In this regard, it should be noted that in late 2018, the Turkish government issued a decision to reduce the required deposit from 3 million US $ to the current amount.
The importance of obtaining Turkish citizenship:
Certainly, the common desire of a large group of foreigners to obtain Turkish citizenship was not absurd but a normal result due to the many privileges that can be obtained and through the following paragraph we will refer to it in full:
- The possibility of linking the businesses located between Turkey and other countries of the world easily thanks to the distinguished relations between Turkey and most other countries at various levels, whether economic, political or commercial relations, and this ensures that the investor gets more profits throughout the year.
- Retaining the first nationality or the nationality of the country to which the foreigner belongs in addition to Turkish citizenship and then benefiting from all the benefits provided by both.
- Benefiting from the various public facilities that the Turkish government puts in the hands of its citizens, such as health centers, educational institutions, commercial malls, etc.
- Purchasing and owning real estate in Turkey easily and without having to wait until the security approval is issued.
- To vote in general elections and participate in the self-determination of the country.
- Candidacy for distinguished and important positions in both the government and private sectors.
- The possibility of working in professions that foreigners are prohibited from working in, such as pharmacy, veterinary medicine and customs clearance.
Reasons that prompted investors to obtain citizenship:
In addition to all the mentioned privileges, we have many other reasons that encouraged and prompted foreign investors to obtain Turkish citizenship and through the following points we mention briefly:
- Turkey's geographical location in the middle of three continents around the world.
- The supervision of the Turkish state over four sailors.
- The economic power that characterizes it.
- Political stability
- Advanced Infrastructure.
- The possibility of establishing a profitable investment project.
- The many facilities provided by the Turkish government in order to attract a lot of foreign capital.
- Difficulty in obtaining a national of a European country due to obstacles put in place by the governments of those countries.
- The future that Turkey is moving towards in terms of development / sophistication / modernity /urban development, and others.
Do you have more questions about the issue of obtaining Turkish citizenship? Then follow our website to find answers and contact our real estate consultant to provide you with the appropriate assistance and to provide you with the most important real estate offers suitable for obtaining Turkish citizenship.
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