Steps to obtain Turkish citizenship by investment 2020
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After the great development and great prosperity that Turkey has achieved in all political, economic and cultural fields, it has become the focus of everyone's attention from all over the world, especially investors who have increased their interest in finding ways to obtain Turkish citizenship. Fortunately, it is possible to obtain Turkish citizenship by investment and But what are the steps? This is what we will learn next.
Ways to obtain Turkish citizenship by investment 2020:
There are different ways in which Turkish citizenship can be obtained through investment. The following will be mentioned for you to choose the most appropriate:
1- Obtaining Turkish citizenship by property: Many investors want this way, as the investor buy property in Turkey with a value of at least 250 thousand US dollars, and with this he can apply for Turkish citizenship, but certainly there are some conditions and Perhaps the most important of them is not to sell this property for three whole years and to issue a real estate appraisal document, which is extracted by specific companies by the Turkish government. As a result of this document, the appropriate price for the property is determined after its condition is evaluated, and thus the reduction is done in a manner Big real estate fraud.
2- Obtaining Turkish citizenship by depositing money in the bank: the amount must be no less than 500 thousand US dollars, and this amount must not be withdrawn for a full 3 years.
3- Turkish citizenship by buying shares: This is done by buying shares from the Turkish Real Estate Investment Fund or from the investment capital fund, and the value of these shares must be at least 500 thousand US dollars.
4- Obtaining Turkish citizenship by purchasing government bonds: These bonds must not be sold until 3 years have passed, and their value should be at least 500,000 US dollars.
5- Obtaining Turkish citizenship by employing Turks:
If you own a company in Turkey, you can now benefit from it to obtain Turkish citizenship by employing 50 people of Turkish citizenship within this company.
6- Turkish citizenship by establishing a company in Turkey:
Those who wish to establish a company in Turkey can take advantage of this to obtain Turkish citizenship by opening a company with a capital of 500 thousand US dollars.
Documents required to apply for Turkish citizenship by investment 2020:
-Birth certificate of the investor.
-The marriage document, if he is married, must be translated and certified.
-A copy of the passport, to be translated and certified.
-Certificate of conformity on the investment and is extracted from the Directorate of Land Registry.
-The investor's residence.
Steps to obtaining Turkish citizenship by investment 2020:
1- Opening a bank account within a bank in Turkey.
2- Choose the investment that suits you in terms of the amount of money and the nature of the work.
3- Apply for a residence permit in Turkey.
4- As soon as you obtain residence in Turkey, you can apply for Turkish citizenship with submitting the necessary documents.
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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