Obtaining Turkey citizenship through investment is a possibility for foreign nationals who want the benefits that come with being a Turkish citizen. In this blog post, we’ll outline the requirements and process for obtaining Turkish citizenship by investment. You can find the requirements for Turkish citizenship in the next section below.
Requirements for Turkish Citizenship by Investment
Turkey is an attractive country with many outstanding features, such as good weather, low cost of living, and strategic location.
There are a few requirements that must be met in order to qualify for citizenship by investment in Turkey. They are as follows:
- The applicant must have made a minimum real estate investment of €400,000 or equivalent in any currency. The investment must be made in Turkey and the title deed must be registered in the applicant’s name.
- The applicant must have held the property for a minimum of three years. During this time, the applicant is not allowed to sell the property.
- The applicant of Turkey investor citizenship must not have been convicted of any crime against public security or morality, or any felony punishable by imprisonment in Turkey or abroad. The applicant also cannot have been convicted of smuggling people or drugs, human trafficking, money laundering, terrorism, membership in an armed organization, or financial crimes such as embezzlement, fraud, and bribery. Convictions that have been extinguished by an amnesty are also grounds for rejection.
- If an applicant has a criminal record from their country of origin, they may still be able to obtain Turkish citizenship if they can provide evidence that their criminal record has been cleared or expunged in their home country according to local laws. For example, if an applicant has completed their sentence and/or probationary period successfully, they would likely still be eligible for Turkish citizenship through investment.
How to Get Citizenship in Turkey – By Investment
The first step is to submit all required documentation related to identity, residence permit (if applicable), investments made, source of income/wealth declaration, health insurance policy from a reputable company valid in Turkey, and criminal record (if any). We can help you prepare your application and arrange for all necessary supporting documents on your behalf.
Once your application for Turkey citizenship by investment is complete, it will be submitted to the Ministry of Interior along with the processing fee of USD 2,500 for adults and USD 1,000 for children under 18 years old. After your application has been submitted and reviewed by the ministry officials, you will be called in for an interview at a local police station near where your investments were made in Turkey.
If everything goes well during your interview and your application is approved, you will receive notification from the Ministry of Interior within 60 days. After receiving notification, adults will need to pay an additional fee of USD 517 while children under 18 years old will need only pay USD 259. You will then need to schedule an appointment at a local civil registry office (nüfus müdürlüğü) so that your biometric data (fingerprints and photographs) can be collected and stored electronically. At this point, you will officially become a citizen of Turkey! Note that this entire process can take up to nine months, so please plan accordingly. Congratulations on becoming a Turkish citizen!
Citizenship by investment is a great way for foreign nationals to obtain Turkish citizenship and all the benefits that come with it. In this blog post, we’ve outlined the requirements and process for obtaining Turkish citizenship through investment. We hope this article could help you when you have any questions about whether you qualify or what steps you need to take next.
Interesting Related Article: “Six Benefits of Second Citizenship for Entrepreneurs“