Are you considering investing in Turkey and applying for citizenship? If so, you’ve come to the right place. This comprehensive guide provides an overview of the requirements and process for obtaining Turkish citizenship through investment. It’s important to know all of the details before making such an important decision, so let’s dive in.
Real Estate Investment Option
One of the most popular ways to apply for Turkish citizenship is through real estate investment. To qualify, you must purchase property worth at least $250,000 (USD) and keep it in your name for at least three years. You can buy up to four properties if they are located in different provinces or districts. The real estate must also be officially registered with the Land Registry Directorate under your name or under a company that you own (with your name listed as a shareholder).
You may also need to provide proof that you have paid all applicable taxes related to the purchase of the property, as well as proof that it has been registered with the local municipality where it is located. Additionally, you may need to provide evidence that there are no outstanding liens on the property or any other legal issues related to it. Once these requirements are met and approved, you will be able to apply for Turkish citizenship through investment.
Bank Deposit Investment Option
Another way to apply for Turkish citizenship through investment is by depositing a certain amount of money into a bank account in Turkey. To qualify, you must deposit at least $500,000 USD into either a foreign currency account or a lira-denominated account at one of Turkey’s authorized banks. The deposit needs to remain untouched for at least three years before you can apply for citizenship. You must also provide evidence that all applicable taxes have been paid on any interest earned from the deposit during this period, as well as proof that there are no outstanding liens or other legal issues associated with it.
Government Bond Investment Option
Finally, another option is investing in government bonds issued by Turkey’s Ministry of Finance and Treasury Administration (TMSF). To qualify, you must purchase government bonds worth at least $500,000 USD and keep them in your name (or under a company owned by you) for at least three years before applying for Turkish citizenship through investment. As with real estate and bank deposits investments mentioned above, applicants need to provide evidence that all applicable taxes have been paid on any interest earned from these bonds during this period as well as proof that there are no outstanding liens or other legal issues associated with them before applying for citizenship through investment.
Conclusion: Applying for Turkish citizenship through investment can be an exciting opportunity—one that opens doors both personally and professionally—but only if done properly! Before taking action on any of these options listed above, make sure you read all relevant laws carefully and understand all potential implications involved—including taxation regulations—so that when making your application for Turkish Citizenship by Investment everything goes smoothly! Good luck!
