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Did you know about these advantages of Turkish citizenship by investment?

Did you know about these advantages of Turkish citizenship by investment?

There are various ways to obtain Turkish citizenship. You can apply for it when you marry a Turkish person or by proving parentage. You can also achieve this by buying property in Turkey. The most preferred method by investors is to obtain Turkish citizenship through investment, but what are the advantages Which carry this method? This is what we will talk about in this article. 


Short period and smooth procedures for obtaining citizenship: 


What distinguishes the program for obtaining Turkish citizenship by investment is that it does not require many documents, and you can extract all the required documents remotely by authorizing one of the concerned companies in Turkey, in addition to that, your mind will be reassured because the investment you make is guaranteed And it does not expose you to loss, except for the fact that the time required to complete all procedures and obtain Turkish citizenship is short. 


The possibility of passing on this nationality to future generations: 


This feature is one of the advantages that push foreign investors to choose this method of obtaining Turkish citizenship, as according to the naturalization law in Turkey, you will be able to pass this citizenship on to future generations when you obtain it through investment, and this will ensure that your children and grandchildren possess Turkish citizenship And enjoy their many advantages. 


An opportunity to experience life in Turkey: 


Obtaining Turkish citizenship through investment will allow you to see this country closely and live in it to experience the taste of life in a beautiful country such as Turkey, as Turkey is characterized by its strategic location, its unique climate, as well as the availability of various services and the cheapest prices, which guarantees you a comfortable lifestyle . 


Investing in the purchased property and making profits: 


If you have chosen to obtain Turkish citizenship by real estate investment, you have achieved more than one goal at the same time. 
Since you were initially able to apply for Turkish citizenship and will become a Turkish citizen, and do not forget that you have obtained a high-quality property in a beautiful country with an important economic power, in addition to the fact that you can benefit from this property in different ways, for example, you can rent it to get an income Fixed monthly, but it should be noted that you will not be able to sell this property before 3 full years have passed since buying it, otherwise you will lose your chance to obtain Turkish citizenship. 


Important economic benefits: 


The Turkish citizenship by investment program has played a major role in supporting the Turkish economy and advancing its progress, especially during the past years and during the Corona pandemic, as despite the global ban measures, the real estate sector in Turkey was able to continue through a number of decisions Which was issued by the Turkish government , which had a major role in attracting investors , and of course , their purchase of real estate in Turkey in order to obtain citizenship contributed to revitalizing the Turkish real estate market and thus revitalizing the economy . 


Enjoy the advantages of the Turkish passport: 


Obtaining Turkish citizenship means that you will hold a Turkish passport, which has many advantages, as it allows entry to a large number of countries without the need for a visa and is considered one of the most powerful global passports. 
And do not forget the possibility of obtaining an E2 visa, which allows its holder to travel to the United States of America and work there, and this encourages a large number of investors and traders.

 

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 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.

 

What do you know about ways to obtain Turkish citizenship? 

Did you know that one of the most important reasons that push foreigners from different countries of the world to obtain Turkish citizenship is that there is an opportunity to obtain it in different ways, through the following paragraph, you can view them in detail . 
First: The most popular way to obtain this citizenship is real estate investment, as it is the fastest and easiest way, as it requires a period of time ranging from three to six months as a maximum, and this varies according to the applicant’s profile. 
In order for your real estate investment to be suitable for obtaining citizenship, its value must not be less than 400 thousand US dollars, and then the property must be kept for a period of no less than three years, and this is of course in addition to the need to meet the remaining conditions, which are: 
-Pay the value of the property through a Turkish bank. 
-Extracting the real estate appraisal document. 
-The property has not been used previously in the application. 
-The property must be purchased from a Turkish seller. 
Second: Turkish citizenship can be obtained through financial or commercial investment such as buying bonds or shares or establishing any other business, but within the commitment provided that the amount is not less than 500 thousand US dollars and then continue to work for three years. 
Third: You have the opportunity to obtain Turkish citizenship in return for depositing an amount of at least 500 thousand US dollars in a Turkish bank for a period of three years, which is one of the famous ways. 
Fourth: One of the common ways to obtain Turkish citizenship is to marry a Turkish citizen, as it is possible to apply for it after three years from the date of marriage in order to be sure that it is real and not just for naturalization. 
Fifth: Citizenship by employing fifty Turkish people after establishing a business or commercial entity in Turkey. 
 

Is real estate the best way for citizenship? 

According to many experts and specialists, the best way is to invest in real estate, where it is possible to benefit from the property in investment and obtain high profits in addition to Turkish citizenship, as real estate prices do not remain in a constant state, but rather increase and rise constantly, and therefore when selling, it is possible to benefit from the price difference that results between The buying and selling stages. 

There are many reasons that encourage a foreigner to apply for citizenship, including: 
-The superior and booming Turkish economy. 
-political stability. 
-Infrastructure development and strength. 
-Low cost of living and favorable real estate prices. 
-The many facilities provided by the Turkish government.

 

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

 

Editing by Ramzy Real Estate Team ©

 

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