Citizenship by Real Estate Investment
As from the 13th June 2022, the minimum requirement for Turkish Citizenship by Investment Programme increased from $250,000 to $400,000.
New Investment Requirements to apply for the Turkish Citizenship Programme
The Turkish Citizenship by Investment Programme is currently one of the most affordable and beneficial schemes around the world. All you need to do is purchase a property worth at least $250,000 (now $400,000.) to obtain a residency permit and then apply for citizenship. You’re required to keep the purchased property for 3 years, after which you can sell it as you please. The minimum age to apply is 18 years and the applicant must have health insurance and a clean criminal record. The applicant’s spouse and children aged under 18 will also be granted a Turkish passport and citizenship which will last forever.
Dual Citizenship allowed
Furthermore, Turkey allows applicants to keep dual citizenship. The process won’t take too long, a maximum of 6 months are required for it to complete. Moreover, applicants don’t need to live in Turkey in order to keep their citizenship.
The Benefits of the Turkish Citizenship by Investment Programme
Turkish citizenship has a lot of advantages. You will be able to enjoy visa free travel to over 110 countries including Singapore, South Korea, Japan and HongKong. Turkish citizenship can also be your ticket to USA or UK as you’ll be able to relocate to any of the two via a Businessperson Visa. With the most amazing climate, welcoming people, excellent food and healthcare services, Turkey is an ideal country to have a citizenship of.
Turkish Citizenship by Investment Qualifying Properties
Turkey’s capital, Istanbul, has some of the most sought after properties that qualify for this Citizenship by Investment Programme.
Located in Esenyurt just 18 minutes away from the Istanbul Airport by car, Ottoman development has special luxury suites which are very attractive to investors. In addition, this mixed-use development houses restaurants, a shopping centre with high-end stores, a gym, and a 24/7 operating security system.
The Three Towers is a project that is constructed in the center of Bahcesehir. Aside from being the same distance from the Istanbul Airport, it is also close to the major University and Alman Hastanesi Hospital. Qualifying properties for investment that are available here include 1,2,3 & 4 bedroom apartments. The devlopment offers several unique facilities including a fitness centre, playground, pool & sauna along with underlying garage spaces.
A fairly new project in Beylikduzu, The Avenue houses a total of 747 residencies with 1,2 & 3 bedroom apartments accompanied by large balconies to choose from. There's also 209 commercial properties available. Services such as Metrobus and 24/7 security are offered. A shopping mall is also included and the Istanbul Airport is just 30 minutes away.
Get in Touch
Stressing again on the fact that the minimum value of investment required to get citizenship in Turkey is soon to be increased from $250,000 to $400,000, we strongly urge you to get your hands on a property or two in one of the above mentioned developments so that you can obtain a Turkish passport and citizenship for yourself, your family, and any of your future children in a more affordable price. Get in touch with us to learn more about the Turkish Citizenship by Investment Programme.