Advantages of obtaining Turkish passport by investment
How to obtain a Turkish passport by investment and what are its most prominent advantages?
- Tuesday 24th May 2022 11:03 PM
- Last update: Tuesday 24th May 2022 11:03 PM
Turkey is a destination for many foreigners around the world and for owners of capital, as a result of the large privileges that they will obtain and the benefits that will accrue to them, and add to your information that it is the ideal choice for anyone who wants to obtain a second citizenship and a strong passport, especially since Turkey has provided many facilities and incentives.
In this article, the editorial team at Tur property will provide you with a detailed report on everything related to the Turkish passport and ways to obtain it through investment, and all its advantages and many other information that interests you about it will be indicated.
Table of contents
How to obtain a Turkish passport by investment?
If you want to obtain Turkish passport by investment, there are many options available to you, and they are as follows.
1 - Real estate investment:
- The value of the property must not be less than four hundred thousand US dollars or its equivalent in Turkish currency.
- The value of the property must be transferred to the seller's account through a Turkish bank.
- The buyer should not hold one of the nationalities that prevents a foreigner from owning real estate in Turkey (Syria / Cuba / North Korea / Armenia).
- The property should not be located in one of the security or military areas where it is forbidden for the foreigner to own property in one of them.
- The property should be purchased from a Turkish citizen or a Turkish construction company exclusively.
- Verify that the property was not previously used to obtain it.
- You must pledge not to sell the property before the lapse of at least three years.
Extracting the real estate appraisal document that accurately determines the value of the property.
After completing all the conditions mentioned, you can apply for it, and this will be done within a short period of five months, and sometimes it takes more than three months, and it should be noted that the presence of any defect from the aforementioned makes the property unsuitable to apply for it.
2 - Bank deposit:
One of the most popular ways to obtain a Turkish passport is to deposit an amount of money in a bank in Turkey, and the amount must not be less than five hundred thousand US dollars, and then commit not to withdraw it before at least three years have passed since the date of its deposit.
What you do not know is that among the amendments issued in late 2018 AD, the amount was reduced from 3 million to five hundred thousand only.
One of the most important conditions that must be adhered to in order to obtain citizenship in exchange for a bank deposit is that you not withdraw any part of it before the lapse of three years. It should be noted that this will take not long, only two months from the date of submitting the application.
3 - Government Bonds:
A wide category of foreign investors choose to obtain this citizenship by purchasing bonds with an amount of no less than five hundred thousand US dollars with a commitment not to sell them before the lapse of three years.
4 - Marriage:
One of the most popular ways to obtain a Turkish passport is to marry a Turkish citizen, and you can apply for it after three years until it is confirmed by the concerned authorities that it does not pose any danger to public security and that its first goal is stability and the formation of a family.
In the process of talking about the ways in which the Turkish passport can be obtained, it must be noted that there are many ways, the most important of which are (exceptional - real estate funds - shares - Turkish assets - adoption).
The most prominent methods of obtaining a Turkish passport:
As we have seen above, the ways to obtain this passport are numerous, but you are surely wondering about the best and most distinguished ways among them?
It is undeniable that each method has certain advantages, but obtaining that Turkish citizenship or passport through real estate investment is the best and most distinguished method for a number of reasons and factors, the most prominent of which we will mention below.
1 - Real estate prices in Turkey are very low and appropriate, and this is what prompted the investor to choose it, as at a simple or low price he can get the best and most luxurious real estate, add to your information that all factors and indicators indicate that Turkey is an ideal environment for real estate investment and for obtaining high profits and returns.
2 - The Turkish government made it possible for foreigners to buy and choose all types of real estate without any limits or restrictions, and thus this helped them to meet their desires and in accordance with their budgets.
What you do not know is that real estate prices in Turkey are constantly increasing, and this has emerged clearly in the recent period, which assures you that the percentage of returns and profits that you will get if you decide to sell after the three years have passed, and thus you have obtained citizenship and earned the purchase of a property in a sophisticated and developed country such as Turkey .
One of the most prominent advantages of obtaining this passport is that it gives its holder the opportunity to move and travel to various countries of the world within simple procedures. The holder also obtains a set of privileges that a Turkish citizen usually enjoys, such as advanced medical and educational services and participation in political life.
The Turkish passport is valid for ten years from the date of its issuance, and at the end of that period, it can be easily renewed, and it can also be obtained directly after obtaining citizenship, and it only takes thirty days.
We have enlightened you about some important aspects related to obtaining a Turkish passport through investment, and we hope that you have obtained a great benefit and adequate answers to all your inquiries.
We invite you to follow our website constantly in order to obtain the most important information related to the Turkish real estate market.
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