If the opportunity of getting citizenship by investment sounds interesting to you, we offer you to take a look at the ways you can contribute to the Turkish economy to get a second passport.
The main applicant is required to be at least 18 years of age without any criminal record. If you comply, you may choose one of the seven options available under the Turkish citizenship-by-investment program.
You will have to take a few simple steps to become a Turkish citizen:
- Obtain a conformity certificate. You apply to a different governmental authority in each of the seven options, and we will specify the relevant organizations below.
- Make investments.
- Collect a package of documents, add the conformity certificate, and submit them to one of the authorized governmental institutions (it can be an embassy or a Civil Status Registration Department).
- Take patience to wait for the institution to consider your documents.
- Obtain your Turkish passport and use it for your benefit!
You can sign the application for citizenship and submit it personally or choose to act via an authorized agent using a power of attorney.
Investment in Real Estate
This is one of the most popular ways to invest in Turkey as it is the most affordable: you will need to purchase a property worth 400,000 US dollars to qualify. You can resell it later if you want, but you are obliged to keep it for at least three years.
In this case, the certificate of conformity is obtained from the Ministry of the Environment and Urban Development, and the same organization will have to approve your property.
The real estate must be assessed by the authorized government institution to make sure that it costs no less than the required amount of 400,000 US dollars at the time you submit the documents.
Investment in a Turkish-based company
You will have to contribute 500,000 US dollars to a company headquartered in Turkey. If you opt for this investment, you will have to apply for a conformity certificate to the Ministry of Industry and Technology.
Investment by Starting Your Business
Entrepreneurs from all over the world can obtain a Turkish economic passport by establishing a company in Turkey and creating 50 jobs for the local residents. In this case, the conformity certificate will be obtained at the Ministry of Labor and Social Infrastructure.
Investment by Making a Bank Deposit
Make a deposit with a Turkish bank in the amount of 500,000 US dollars and keep it there for 3 years to become a citizen of Turkey. The conformity certificate will be issued by the Bank Regulation and Supervision Agency.
Investment in State Bonds
Invest 500,000 US dollars in government bonds and acquire a conformity certificate from the Ministry of Finance.
Investment in Venture/Investment Fund
If you opt for investment in a Turkish venture/investment fund, the conformity certificate will be issued by the Capital Market Board.
Investment in a Private Pension Fund
You will need to invest 500,000 US dollars and obtain a conformity certificate at the Private Pension Regulation and Supervision Agency.
Interested in Turkish citizenship? Follow the above link to read more or get in touch with our experts. We can make it a hassle-free experience for you!