Turkey

About

Turkey is officially known as the Republic of Turkey, Turkey is a bridge between Asia & Europe making it a unique blend of diversified cultures. Istanbul is the largest city of Turkey and the capital is Ankara. Turkey is a member of the UN, NATO, IMF & World Bank. Turkey passport allows visa free travel to 121 counties. Short processing time makes it an attractive package. Turkey also holds out the possibility of eventual visa free access to the EU. Currently talks are ongoing although Turkey has some way to go in order to meet EU conditions.

Turkey Citizenship

Transform your life and secure a bright future for your family with Turkey Citizenship by Investment. As a gateway between Europe and Asia, Turkey offers numerous opportunities for business, travel, and quality of life. The government of Turkey commenced the Turkey Citizenship program in January 2017 to provide the opportunity to migrate to the country from all over the world. We at GMRS Consultants understand the need to educate people about this golden opportunity, offering all the information required to get your second passport. So, scroll down and get the details on the country, the perks of acquiring citizenship in Turkey, and how you can invest in the program!

Turkey Citizenship Benefits

  • Visa-free travel to 121 countries
  • No residency requirement
  • No language test required
  • Education & Healthcare free
  • Processing time is short


Currency

Turkish Lira (₺) (TRY)


Population

82,003,882 approx.

Total area

783,356 km2

Nearest country

Greece & Bulgaria

Why Turkey

Turkey is a nation straddling eastern Europe and western Asia with cultural connections to ancient Greek, Persian, Roman, Byzantine, and Ottoman empires. Cosmopolitan Istanbul, on the Bosphorus Strait, is home to the iconic Hagia Sophia, with its soaring dome and Christian mosaics, the massive 17th-century Blue Mosque, and the circa-1460 Topkapı Palace, former home of sultans.

Crystal clear waters, tall mountains, the ruins of ancient empires, small idyllic villages, huge cosmopolitan cities—Turkey’s many facets are what make it so unique and why it has continued to attract visitors. Besides this, the Turkey Citizenship Through Investment program offers a unique opportunity for those looking to settle in this culturally rich country.

Prominent Visa free countries

Azerbaijan, Belarus, Belize, Bolivia, Ecuador, Iran, Kosovo, Kyrgyzstan, Jordan, Lebanon, Mongolia, Morocco, Qatar, Russia, Tajikistan, Thailand, Tunisia, Turkmenistan and Uzbekistan.

Who Can Get Turkey Citizenship?

The critical criteria for eligibility for the Turkey Citizenship by Investment (TCBI) program is designed to attract genuine investors and contribute to the nation’s economy. Take a look at the main requirements to apply for the program:

1. Minimum Investment

  • Real Estate

Purchase property worth at least $400,000 and retain it for a minimum of three years.

  • Capital Investment

Invest $500,000 in a Turkish bank, government bonds, or a Turkish company. The investment must be maintained for at least three years.

2. Financial Requirements

  • Proof of legitimate source of investment funds.
  • Ability to cover additional costs related to property purchase, such as taxes, fees, and legal expenses.

3. Age

  • The principal applicant for the Turkey Citizenship program must be at least 18 years old.

4. Family Eligibility

  • The investor’s spouse and dependent children (under 18) are also eligible for citizenship under the same application.

5. Criminal Record

  • Applicants must have a clean criminal record. Background checks are conducted to ensure no involvement in criminal activities.

6. Residence Requirements

There are no mandatory minimum stay requirements. Investors can obtain citizenship in Turkey without residing in Turkey before or after obtaining citizenship.

7. Legal Compliance

Applicants must comply with all Turkish laws and regulations throughout the investment process.

Citizenship By Investment

Real Estate Investment- Turkey announced its citizenship by investment program in recent years. It grants residency, citizenship and a second passport to applicants investing either in real estate or a bank deposit. The real estate investment is as low as USD 250,000. The applicant must hold the investment for a minimum of 3 years. Citizenship of Turkey is granted after 3-6 months following the applicant’s investment.

Bank Deposit- The bank deposit route is particularly attractive for investors. This requires $500,000 to be deposited into a bank account in Turkey which then needs to be maintained for a minimum of just 3 years. Importantly this investment can be in US Dollars. Retaining liquid funds in this way leading to a second citizenship ranks Turkey as one of the lowest cost citizens by investment program on the market.

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