Ways for obtaining Turkish citizenship by Arab investors
Content Index
First: Obtaining Turkish citizenship by investment:
The Turkish government has issued a new law regarding obtaining Turkish citizenship by investment, and according to this law, foreign investors, including Arab investors, can obtain Turkish citizenship by starting a real estate investment in Turkey, but on the condition that this investment be in A predetermined budget, which is at least two hundred and fifty thousand US dollars, or the equivalent of the value of this amount in Turkish lira according to the exchange rate of currencies or any other foreign currency. This new law is a big and very effective step in order to attract larger numbers of foreign investors, and Especially the Arabs, because the conditions previously stipulated that obtaining Turkish citizenship through investment requires investors to invest up to one million US dollars, which is a somewhat large amount and not all investors may be able to collect it, while the new amount of two hundred and fifty A thousand US dollars is considered more flexible and more accessible in the hands of larger numbers of investors.
Secondly: Obtaining Turkish citizenship by buying property in Turkey:
This method is considered one of the most preferred ways by foreign investors to obtain Turkish citizenship, especially Arab investors, because most Arab investors wishing to obtain Turkish citizenship want to move to Turkey and settle there, either because of the deteriorating security situation in their country of origin. Or because of the risks of investing in it and fearing for their money and investments from sudden fluctuations, in addition to the fact that Turkey is close to the Arab region and the great similarity it shares with it in many geographical and demographic aspects, and the presence of close customs and traditions additionally contributes to attracting Arab investors to it in abundance and The way to obtain Turkish citizenship by buying property in Turkey is very simple. For many investors, it is considered the easiest way to obtain Turkish citizenship, and based on its name, all it takes is to buy a property in Turkey without any restrictions for To the type of this property in Turkey, which adds more flexibility to this method so that the investor can take advantage of this property in achieving his ambitions from the process of investing in a property At the same time, Turkey wants to buy a property in Turkey in its name and obtain Turkish citizenship through it, but it is required that this property fulfill some simple conditions, such as that its price is equal to at least two hundred and fifty thousand US dollars or its equivalent value in any other foreign currency, or Even in Turkish lira, according to the currency exchange rate. The Arab investor who buys a property in Turkey in order to obtain Turkish citizenship must submit a pledge not to sell this property in Turkey, which he used to obtain Turkish citizenship for an estimated period of time At least three years from the date of its purchase.
Third:Opening a company in Turkey:
There are many ways to obtain Turkish citizenship for Arab investors, based on the Turkish government’s attention to the need to diversify the available ways to obtain Turkish citizenship for foreign investors thanks to what their arrival brings and their deposit of their capital in Turkey’s investments from the economy in Turkey. Turkish citizenship can be obtained by investment through investors opening a company in Turkey, and this company must meet some conditions in order to be able to make this foreign investor entitled to obtain Turkish citizenship by investment, such as being the capital of this The company is equal to a predetermined amount by the Turkish law related to obtaining Turkish citizenship through investment, as well as that the director of this company offers jobs to at least fifty Turkish citizens in his company.
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.
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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