Are you considering applying for Turkish citizenship by investment? If so, you’ve come to the right place! Here, we will discuss the process of applying and provide a comprehensive guide to assist you in making an informed decision and submitting a successful application.
What is Turkish Citizenship by Investment?
Turkish citizenship by investment, also known as “Citizenship-by-Investment” (CBI), is a program that allows foreign investors to obtain full citizenship in Turkey by making an eligible investment. This can be done through a range of investments such as real estate, government bonds, or venture capital funds. In addition to granting full citizenship with all the rights and privileges thereof, CBI applicants may also enjoy certain tax benefits and financial incentives.
To be eligible for Turkish citizenship by investment, applicants must meet certain requirements set forth by the government. These requirements include having a valid passport from their home country; being at least 18 years old; being able to speak basic Turkish; having no criminal record; and having sufficient financial resources or investments that satisfy the minimum required amount for eligibility purposes. Additionally, applicants must not pose any security risk or threat to Turkey’s public order or safety.
Benefits of Obtaining Turkish Citizenship
Obtaining Turkish citizenship through investment has numerous benefits beyond merely becoming a citizen of this beautiful country. As a Turkish citizen, you will have the right to work and live in Turkey without requiring a visa or permit; access free education in government schools; access free medical care at government hospitals; access discounted travel fares on domestic airlines; enjoy tax incentives on investments made in Turkey; and apply for dual citizenship with other countries (subject to applicable regulations). Furthermore, acquiring Turkish citizenship grants your family members the same rights as yourself—including your immediate family members (spouse/partner and children under 18) as well as extended family members (parents).
In addition to the aforementioned benefits, a Turkish passport is an extremely valuable asset to have. It grant you visa-free access to 109 countries around the world and is ranked as having the 15th most powerful passport in the world. Furthermore, having a Turkish passport allows for quicker processing of immigration applications and provides better opportunities for studying and working abroad.
The process to obtaining Turkish citizenship through investment is relatively simple. Generally speaking, investors must purchase real estate property in Turkey with a minimum value of $250,000 and hold the property for at least three years to be eligible for citizenship. Other requirements include having sufficient funds to support yourself while in Turkey; undergoing a background check
In conclusion, applying for Turkish citizenship through investment can be an excellent way for foreign investors to gain full legal residency status in Turkey while enjoying numerous additional benefits such as tax incentives and free education/medical care for their families. If you are interested in obtaining full legal residency status in Turkey through CBI, we strongly recommend consulting with professionals who can provide you with more detailed information about the application process and eligibility requirements. With their help and guidance, you can ensure that your application is successful and that you receive all the benefits associated with becoming a citizen of this beautiful country!