Advantages of obtaining Turkish passport through investment
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The most important advantages of buying real estate in Turkey is the possibility of obtaining Turkish citizenship by buying a property in Turkey, as this matter has contributed to attracting large numbers of foreign investors towards real estate in Turkey, and it can be said that this matter came as a result of the successful strategy that the Turkish government Working on its application in order to encourage the influx of foreign investors and their foreign capital into Turkey, through the introduction of amendments to the laws related to the ownership of real estate in Turkey by foreign investors. Indeed, the effects of these interventions have achieved impressive success, and obtaining The Turkish passport by buying a property in Turkey has a lot of advantages.
First
Enjoy the advantages of holding a Turkish passport:
The Turkish passport is the most important goal for many foreign investors who buy real estate in Turkey, especially those who come from countries whose passport does not have much strength. The Turkish passport is known to be one of the most powerful passports around the world. The holder has the opportunity to move around the world without the need to obtain an entry visa or the so-called visa for more than ninety countries, while it is possible to obtain an electronic entry visa for many countries, and the rest of the section can be obtained directly upon arrival at the airport. Which makes it a dream for many individuals who want to move around the world more comfortably and easily. In the event of obtaining Turkish citizenship by buying a property in Turkey, you will be entitled to hold a Turkish passport and enjoy all the powers and advantages that it offers to Turkish citizens.
Second
Enjoying the rights of Turkish citizens:
Obtaining Turkish citizenship by buying a property in Turkey means that this foreign investor has officially become classified as a Turkish citizen and holds Turkish citizenship. The Turkish government allows individuals to hold dual citizenship, meaning that it does not require foreign investors who wish to obtain Turkish citizenship and holding a Turkish passport must give up their original citizenship or even other foreign nationalities that they may hold. Under Turkish law, these foreign investors, after you officially obtain Turkish citizenship, have now enjoyed all the civil rights of Turkish citizens born in the lands They can now obtain the right to participate in the elections and the right to learn in Turkish public schools for free, as well as Turkish public universities, in addition to the possibility of obtaining and benefiting from health insurance and obtaining pension salaries and other various rights and freedoms enjoyed by any A Turkish citizen who lives in Turkish territory, and they also get the right to benefit from the powers that Turkish citizens enjoy outside Turkish territory Especially the economic treaties and agreements concluded between Turkey and foreign countries on the grounds that they are now classified as Turkish citizens recognized even by foreign governments.
Third
How to get a Turkish passport:
Obtaining a Turkish passport means the first need to obtain Turkish citizenship, and it can be said that the best way to obtain Turkish citizenship, especially for foreign investors, is to buy real estate in Turkey, after the amendments that the Turkish government has made to the laws of owning real estate in Turkey. Turkey by foreigners, through which the reciprocity law was abolished, and it became officially allowed for foreign investors to apply for Turkish citizenship and subsequently obtain a Turkish passport by purchasing a property in Turkey, provided that the property to be achieved It is used in submitting an application for Turkish citizenship, and these conditions include that the price of this property in Turkey is not less than two hundred and fifty thousand US dollars, or the equivalent value of this amount in any foreign currency or in Turkish lira, according to the exchange rate of currencies at the time, and there is no Conditions about the type of property. It is possible to buy any type of real estate in Turkey. It is important to achieve the required price. This investor must also submit a pledge not to sell this property, which he used to obtain Turkish citizenship. A period of time not less than three years.
On May 13, 2022, the Turkish government issued a decision to raise the amount of obtaining Turkish citizenship through the purchase of real estate to a value of 400,000 dollars instead of 250,000 dollars. The decision has been implemented starting in 12th June 2022.
The investor has the right to buy a real estate or several properties with the new amount of $400,000 in order to obtain citizenship, provided that the investor must keep the property for 3 years and he mustn’t sell the property he purchased for the purpose of citizenship before 3 years from the date of purchasing. For more information about the Turkish citizenship law and its conditions, click here.
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