Obtaining a Turkish passport and citizenship

Obtaining
a Turkish passport and citizenship:

The Second
Citizenship Survey conducted by CS Global in year 2017 found that 89% of people
want a second passport, and more than 34% invest in a second country to obtain
citizenship and passport. And have taken action in this regard.

 

To invest
in another country, being familiar with the laws and regulations of that
country is the first step on the path that is eventually failing to comply with
these principles and rules may have consequences for a foreigner.

 

Among the
countries eligible for citizenship, Turkey is also one of the countries active
in the field of citizenship. In recent years, significant steps have been taken
to facilitate the admission of foreign capital and the adoption of laws,
including the Law on Property Valuation for Foreigners. In this article, Ayla
has attempted to describe, in a comprehensive and illustrative way, the latest
Turkish laws on citizenship, guaranteed ways to obtain a Turkish passport and
the reasons and benefits of investing in Turkey. Finally, comparing the rules
and regulations of several countries accepted by the world Citizenship decline.

 

One of how
Turkish immigrants are welcomed by the majority of foreigners, especially
Iranians, is the purchase of immovable property in Turkey.

 

Things
like the “minimum amount of property that leads to permanent residence in
Turkey, short-term and long-term ways to get Turkish citizenship and passports
and the benefits of buying property and investing in Turkey for Iranians are always
questioned by many in the country. It has been Turkey. ”

 

Since
September 2018, the Turkish government has facilitated the investment
conditions for foreigners, whether movable or immovable. Thus, any foreigner
investing in these laws can apply for Turkish citizenship in the shortest
possible time, and eventually a Turkish passport.

 

Investments
in immovable property are among the rules that have gained popularity among
international investors in the short term. Accordingly, if foreigners in Turkey
purchase property or property for 250,000 dollars, they will be able to obtain
citizenship in less than six months, while under the old law, the amount of 1
million dollar will be invested and then it was set.

 

In the
figures below this figure, the Turkish government has also provided the buyer
with different conditions. If foreigners buy any property at first, they will
receive one or two years’ residence and finally, after five years, they can
apply for Turkish citizenship.

 

It should
be noted that the cases mentioned above and other rules of investment include
legal terms and conditions that should be invested from the outset, and not
paying attention to them will result in financial difficulties and losses. It
is also necessary to thoroughly examine the cases before taking any action.

 

Benefits
of obtaining Turkish citizenship and passport:

The most
valid passports among Iran’s neighbors are Turkish citizens who can get a
Schengen visa in less than 95 hours. They can travel to more than 110 countries
without having to obtain a permit. Other benefits of obtaining a Turkish
passport and citizenship include the full range of public services the Turkish
government provides to its citizens, such as entry into Turkish society (having
the same rights as Turkish citizens), the possibility to invest without
restriction, the possibility to work He pointed out the types of jobs that are
prohibited for foreigners who do not hold Turkish citizenship, as well as the
benefits of the law on insurance and retirement.

 

Comparison
of obtaining Turkish citizenship and passport with other countries:

Each
country adopts the conditions and rules for granting citizenship to foreigners
according to its policies. Of all the citizenship and passport applications,
citizenship through real estate buying is a favorite in many countries, and
people can purchase a second passport along with citizenship.

 

Turkey has
also provided many opportunities for investors, and a variety of reasons
including economic growth, young and qualified population, unique strategic
position (an area connecting East and West), advanced infrastructure, highly
competitive investment conditions, Low taxes and investment conditions in the
domestic market have made investors always look to Turkey as a great investment
destination.

 

To compare
countries around the world for more comfortable and cheaper investment and
citizenship, Business Insider has a list of countries that have applied for
foreigners to obtain citizenship and passports through investment.

 

United
Kingdom

 

Investing
5 million pound in the UK economy

 

Applicants
can apply for an indefinite period after staying in the UK for 5 years.

 

Also,
after 6 years, applicants can apply for British citizenship.

 

New
Zealand

 

Get 1.98 million
dollars in residency.

 

There are
two options for investing in New Zealand:

 

Invest 1.98
million dollars over three years with no age limit, no language requirement,
and no business experience.

 

Cyprus

 

Citizenship
of 2 million dollars through investment in property or business

 

According
to Business Arabian, until recently, Cyprus was the most expensive CIP program.

 

 

Australia

 

Get 1.5 million
dollars in residency.

 

The net
worth of the personal income is at least 2.25 million dollars, which is claimed
for two years before the individual’s request;

 

Invest 1.5
million dollars in an Australian project or company that, in turn, will help
the Australian economy.

 

 

Malta

 

Obtain
citizenship of 880,000 euros

 

Non-refundable
contribution of at least 650,000 euros to the National Development and Social
Fund

 

Purchase
of 150,000 euros in government bonds and property transactions, which may
include the purchase of property (for a minimum of 350,000 euros) or rent (for
a minimum of 16,000 euros per year), held for five years.

 

 

Canada

 

Obtain
citizenship of 800,000 dollars

 

Providing
the right business experience

 

Applicant
and his / her spouse must have over  1.6
million dollars;

 

All
families must undergo medical and safety assessments in Canada.

 

Invest at
least 800,000 dollars for five years in one of two available programs

 

These
programs include:

 

Federal
Immigrant Investor Program

Quebec
Immigrant Investor Program

The
investor must obtain a Quebec Certificate of Certification before granting
health and safety clearance to Canada.

 

Once
accepted, you do not have to live in Quebec, as all Canadian residents have the
freedom of movement and residence throughout the provinces and suburbs.

 

 

Bulgaria

 

Get
citizenship of 593.384 dollars

 

 Spain

 

“Golden
Visa” from 580,000 dollars

 

Spain has
a golden visa program that can ultimately lead to citizenship.

 

Minimum
investment of 500,000 dollars in real estate;

 

Minimum
investment of 1 million euros in Spanish companies’ shares;

 

Spanish
bank deposit of at least 1 million euros

 

Minimum
investment of 2 million euros in government bonds.

 

After 5
years, the applicant can apply for permanent residence.

 

After 10
years, they can apply for citizenship.

 

 

America

 

Receiving
a stay of 500,000 dollars

 

Invest 500,000
dollars in a rural or high-unemployment area in new business to create four
full-time jobs.

 

Direct
investment of 1 million dollars in a US trading company.

 

Montenegro

 

Obtain
citizenship of 350,000 euros

 

We are
investing 250,000 euros in a state-approved development project in the northern
part of Montenegro (underdeveloped area).

 

We are
investing 450,000 euros in a government-approved development project in the
southern part of Montenegro (developed region).

 

 

Portugal

 

Get a
“Golden Visa” from 350,000 euros

 

Transfer
at least 1 million euros to a Portuguese bank account or approved investment
option

 

350,000 euros
to invest in research activities that are part of the national scientific and
technical system.

 

The amount
of 350,000 euros is invested in companies registered under Portuguese law.

 

Buy real
estate for at least 500,000 euros.

 

Purchase
real estate for at least 350,000 euros to renovate a 30-year-old property or in
a metropolitan area.

 

Create at
least 10 new jobs.

 

The amount
of 350,000 euros to invest in or increase the capital owned by a Portuguese
company, to create or maintain at least three permanent jobs for a period of 3
years.

 

Greece

 

 Receive
a stay of 250,000 euros

To stay in
Greece, you need to invest at least 250,000 euros in Greek real estate.

 

 Turkey

 

Obtain
citizenship of 250,000 dollars

 

Buying
property in Turkey for 250,000 dollars

 

Depositing
500,000 dollars in a Turkish bank

 

Investing 500,000
dollars in a direct investment

 

Employment;
Turkish citizen

 

Receive
Turkish citizenship in less than six months