How to obtain Turkish citizenship with 250 thousand dollars
- First: Turkish government support for the Turkish citizenship by investment program:
- Secondly: Is it possible to obtain Turkish citizenship for 250 thousand US dollars:
- Third: How to obtain Turkish citizenship for 250 thousand US dollars:
- Fourthly :Additional ways to obtain Turkish citizenship by investment:
First: Turkish government support for the Turkish citizenship by investment program:
The Turkish government is considered one of the biggest supporters of investment in Turkish real estate, as it is the main reason for encouraging the influx of more foreign investors to the real estate sector in Turkey, through the decisions issued by it, which aim to support and facilitate the entry of investors and huge capital and attract them towards choosing The real estate sector in Turkey is distinct from other foreign real estate sectors, but despite the great support and the essential role that the Turkish government has provided with regard to the Turkish real estate sector, the most important reason for this great demand is the fact that the advantages and components The greatness of real estate in Turkey makes it an irreplaceable opportunity for foreign investors, as it has unique specifications that cannot be overlooked.
Secondly: Is it possible to obtain Turkish citizenship for 250 thousand US dollars:
The idea of obtaining Turkish citizenship for two hundred and fifty thousand US dollars has already caught the attention and humiliation of many large foreign investors of different nationalities, as the possibility of obtaining a new citizenship and identity in exchange for real estate investment is really an attractive and eye-catching deal.
Indeed, the Turkish government has worked to pay special attention to this issue and to launch and issue legislative decisions and provisions that are in the interest of this idea and work to support and facilitate its realization. Therefore, the Turkish naturalization law through investment within the real estate sector in Turkey was considered one of the The most important and most prominent reasons that contributed to attracting huge capital and foreign investments and pushing them towards choosing the real estate sector in Turkey as a place to start their projects and investments.
Third: How to obtain Turkish citizenship for 250 thousand US dollars:
Turkish citizenship is granted by the government to real estate investors in Turkey in the event that this foreign investor buys a property in Turkey, provided that the purchase of this property fulfills a few conditions, the first of which is related to the price of this property in Turkey, as its price must be equal to two hundred and At least fifty thousand US dollars or its equivalent value in any foreign currency, including the Turkish lira. This foreign investor must also submit a pledge guaranteeing that he will not resell this property for a period of time up to three years from the date of his purchase.
Fourthly :Additional ways to obtain Turkish citizenship by investment:
Turkish citizenship can be granted in several other ways, including investing with a capital of at least five hundred thousand US dollars. Turkish citizenship is also granted to foreign investors who show a document in which they prove that they have deposits in the bank with a value not less than An amount of five hundred thousand US dollars or the equivalent of this amount and its equivalent in currencies according to the exchange rate. In this case, it is also required to maintain these deposits within the bank for a period of three years.
Turkish citizenship can also be obtained through investment through the foreign investor opening his own company, but this company must fulfill a set of conditions in order to be able to make its owner authorized to enter the program for obtaining Turkish citizenship by investment and from these Conditions regarding employees within the company, as the employer, i.e. the foreign investor, in this case must employ one hundred Turkish employees, i.e. at least a Turkish citizen, in his company, i.e. secure job opportunities for 100 Turkish citizens.
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.
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.
- 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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