Alagoz Hukuk

Company Establishment and Contracts in Commercial Law

Alagöz Hukuk

Company Establishment and Contracts in Commercial Law

If you are a foreign investor and want to obtain Turkish citizenship, real estate investment may be the right option for you. Turkey offers a simple process that offers citizenship in exchange for property investment. This way, you and your family can enjoy the benefits of Turkish citizenship. Let’s examine the details of the process and the application steps.

Why Choose Turkish Citizenship by Investment?

In 2018, Turkey launched its citizenship program to encourage foreign investment. One of the most attractive options for investors is to obtain citizenship through real estate. By purchasing a US$250,000 property, you can secure Turkish citizenship not only for yourself, but also for your spouse and children under the age of 18. In addition, your children over the age of 18 will also receive a permanent residence permit.

Three Simple Steps to Apply for Turkish Citizenship through Real Estate Investment
Applying for Turkish citizenship through real estate investment is a simple process. Here are the three basic steps:

1. Real Estate Investment
The first step is to make a real estate investment worth at least USD 250,000. This property can be purchased in any city in Turkey, but the total value must meet the required threshold. An important point to note is that the property must not be sold for at least three years.

2. Obtaining a Certificate of Eligibility
Once the investment is made, you will need to apply to the Provincial Directorate of Migration Management to obtain a Certificate of Eligibility. This document verifies that your investment is eligible for the citizenship program.

3. Application for Turkish Citizenship
After receiving the Certificate of Eligibility, you must apply for citizenship through the Provincial Directorate of Population and Citizenship Affairs. The application process involves the preparation of necessary documents such as passport copies, residence permits. Once the application is submitted, the government will review your application and a decision will be made within 2-6 months

Documents Required for Application
To apply for Turkish citizenship, you will need to collect the following documents
– Passport copies
– Residence or work permit
– Marriage and birth certificates (if available)
– Health reports
– Power of Attorney (if applicable)

All documents must be prepared in accordance with Turkish government legislation.

Extra Advantages of Turkish Citizenship
In addition to citizenship, Turkey offers significant advantages to foreign investors. Turkish citizens have the opportunity to settle in countries such as the United Kingdom and the United States thanks to special visa programs. In addition, Turkish citizens can live in the US with the E-2 Investment Visa.

Suitable Investment Options
While real estate investment is the most popular way, other investment options include

– Cash deposit: Depositing at least USD 500,000 in a Turkish bank.
– Business investment: Setting up a company with a capital of at least USD 500,000.
– Government bonds: Buying government bonds worth at least USD 500,000.
– Employment option: Employing 50 Turkish citizens in your company.

Obtaining Turkish citizenship through real estate investment is a viable and rewarding process. By following the steps outlined and ensuring that your investment meets the criteria, you and your family can enjoy the benefits of Turkish citizenship. For more information and personalized legal support, you are encouraged to contact an experienced Turkish citizenship attorney.