Citizenship by Investment for Turkey and Golden Visa

  • Turkey residency through investment
  • Turkish citizenship through investment
  • Turkey’s golden visa
  • An additional Turkish passport
  • Naturalization through real estate investment in Turkey

Introduction Turkey and Citizenship by Investment

Turkey, riding the continents of Europe and Asia, has gained considerable influence in the region and control over the Black Sea passage thanks to its purposeful area.

Following Ataturk’s death in 1938, efforts to implement a vote-based system and a market economy came to a halt, and the military, which regarded itself as the guardian of the constitution, repeatedly ousted administrations deemed to be challenging popular opinion.

A long-standing goal has been to join the European Union. Although enrollment negotiations were launched in 2005, they have stalled due to legitimate concerns regarding Turkey’s record on fundamental rights.

First Great Tip for Living in Turkey:

1: Manage Your Money Well

In the unlikely event that anything should go wrong and ruin your new life in Turkey, the CEOs’ helpless cash will. Know your bills week by week, month by month, and annually from the start, and budget for the average cost of necessities. In the unlikely event that your income is irregular, such as with an annuity, you should also work in a cradle zone because the unstable swapping scale fluctuates periodically, much like a Yo-Yo. Act rationally.

Istanbul is Turkey’s most expensive city; thus, a couple living in their own home in Didim won’t be able to afford a tenant in Istanbul. The high borrowing cost from the investment account is one of the best things about cash. This is a remarkable, non-consumptive way to increase your capital total assets at a rate of typically 10% over a period of 31 days to a year.

2: Bringing in Furniture and Home Furnishings

Everyone we know who has moved furniture between family units claims it was a costly, fruitless endeavor that put unnecessary strain on people. Even in the best of times, it is challenging to understand Turkey’s complex import and tax systems, which frequently delays the development of massive mass items. There is no financial outlay, so this is where you should buy new furnishings.

Even though white goods are expensive, many vendors usually offer special discounts for bulk purchases and selective arrangements. A further option for buying real estate in Turkey is to look at pre-owned properties that are sold as fully furnished or as basic residences.

3: Obtain Medical Coverage

Everyone living in Turkey under 65 with a residency permit is required to obtain health insurance. However, it’s not required for those over 65. This is acceptable if you have a lot of money in the bank, but if not, the monthly expense is warranted, regardless of any inconvenience, for true peace of mind, as a heart attack, stroke, or other serious illness can cost several thousand pounds. Some choose to pay into the public authority’s SGK framework, while others choose to have private medical coverage.

4: Employed in Turkey

A long time ago, many outsiders performed incorrect labor. Those times have passed. In fact, it can be challenging to establish a new career as a performer without the greatest permission, even in summertime resorts. Unless you work for a multinational corporation or are in the media, it is difficult to locate the legal business.

Some choose to promote English, but in order to do so, they require a TEFL certification. Others in the Aegean and Mediterranean regions work for event groups, but this is primarily sporadic employment. Therefore, in general, avoid moving across and expecting to find work quickly. If you must work, arrange it before you move out, and make sure all agreements and licenses are in order.

5: Be Prepared for Culture Shock

Vacationing is a far cry from normal life and only scratches the surface. The way of life here really shines through, from the annual Korban Bayram celebration, which involves the atonement of a goat or sheep, to your Turkish companion’s decision to fast for 30 days. From weddings where the hosts serve nothing but soda and almonds to the neighbor across the street who starts doing DIY at ten o’clock at night, everyone moves almost the whole time. Add in the cacophony of bureaucracy and the Bos Ver (don’t bother) attitude, and culture shock will rear its ugly head unless you decide to change your direction and accept the situation as it is.

6: Avoid Stereotyping

Turkey’s culture, cuisine, history, football, politics, environment, and daily existence are all quite unique and challenging to lump together under one heading. Thanks to the extensive expat community, British influence can be found throughout Didim’s Aegean hideaway; in Antalya, on the other hand, Russians are the most foreign group.

In a similar vein, Istanbul and moderate Konya in the central Anatolian district are completely different. Nevertheless, Izmir, the third-largest city in Turkey, is known for its multicultural outlook and for setting the standard for patterns and style. Still, given how much pleasure it is to explore new places and learn about the cuisine and history, the incredible variety is a surprising positive trend.

Continue reading for our list of recommendations on how to live comfortably in Turkey: de-stress, take it easy, and give yourself time to settle in. For anyone who chooses to make the country their home away from home, it has a lot to offer. If you haven’t decided where to relocate yet, you can find further advice and recommendations in our post about common ex-pat objections. Furthermore, give us a call if you’re thinking about investing in the Turkish real estate market and would like further information.

Citizenship by Investment for Turkey

Minimum investment for Citizenship by investment in Turkey

USD 250,000 (real estate)

Type of Program

Citizenship by investment for Turkey

Visa type:

Short or long term Residence permit / Residence visa

Processing time for Citizenship by investment of Turkey

1 month

Permanent Residency

Immediate

Citizenship

Immediate

Dual Citizenship Allowed for citizens of Turkey

Allowed

Investment Options for Citizenship by investment of Turkey

Real Estate
Venture capital funds: Buy $500,000 worth of VC fund share

Why to go for Citizenship by investment of Turkey

Turkey formally launched its citizenship by investment program in September 2018 in an effort to attract foreign investment and spur growth in the real estate industry.
In the official gazette dated September 18, 2018, the country’s government published revised citizenship regulations that lower the investment amounts required to increase foreign direct investment. The new amendments state that foreigners will be eligible to obtain Turkish citizenship through investment if they purchase real estate or make any of the following investments.

Citizenship By investment program in Turkey insight

  • Purchase real estate for at least $250,000 and hold it for three years.
  • Make a minimum $500,000 bank deposit in Turkish banks.
  • Invest $500,000 on government bonds or securities. Turkish government bonds are three-year locked in.
  • Invest in venture capital funds by purchasing shares valued at $500,000.
  • Create jobs by hiring at least fifty people.

Citizenship by Investment of Turkey through Real Estate

We support our clients’ real estate investments in Turkey with the understanding that they should receive a healthy return on their capital, should they choose to withdraw their investment for Turkish citizenship at any time. We have partnerships with a select group of Turkey’s top real estate developers, whose properties are well-located within the country and yield excellent returns.

Need to know – Turkey Citizenship by Investment

Frequently Asked Questions – Citizenship by Investment in Turkey

Residency by investment to Turkey, can be defined as, getting residency of Turkey through investment in economy of Turkey through various means like, business, real estate, government bonds, etc. Apply for residency by investment to Turkey, residency by investment program for Turkey supported by residency by investment services for Turkey, through our best residency by investment lawyers in Turkey, best residency by investment attorneys in Turkey and best residency by investment consultants for Turkey, working at best residency by investment agents in Turkey, and best immigration consulting firms in Turkey.

Citizenship by investment to Turkey, can be defined as, getting citizenship of Turkey through investment in economy of Turkey through various means like, business, real estate, government bonds, etc in Turkey. Apply for citizenship by investment to Turkey, citizenship by investment program for Turkey supported by citizenship by investment services for Turkey, through our best citizenship by investment lawyers in Turkey, best citizenship by investment attorneys in Turkey and best citizenship by investment consultants for Turkey, working at best citizenship by investment agents in Turkey, and best immigration consulting firms in Turkey.

Second passport in Turkey, can be defined as, getting legal citizenship of Turkey through investment in economy of Turkey through various means like, real estate, business, government bonds, etc. Apply for second passport to Turkey, second passport program for Turkey supported by second passport services for Turkey, through our best second passport lawyers in Turkey, best second passport attorneys in Turkey and best second passport consultants for Turkey, working at best second passport agents in Turkey, and best immigration consulting firms in Turkey.

Golden visa in Turkey, can be defined as, getting residence permit of Turkey through investment in economy of Turkey through various means like, government bonds, business, real estate, etc. Apply for golden visa to Turkey, golden visa program for Turkey supported by golden visa services for Turkey, through our best golden visa lawyers in Turkey, best golden visa attorneys in Turkey and best golden visa consultants for Turkey, working at best golden visa agents in Turkey, and best immigration consulting firms in Turkey.

Minimum investment for Citizenship by investment in Turkey is USD 250,000 (real estate).

Yes, our lawyer in Turkey and agents in Turkey provide support for Citizenship by investment in Turkey.

Cost of Citizenship by Investment to Turkey and Citizenship by investment fund requirements for Turkey is for high net worth individuals, we charge only consultation fee for Citizenship by Investment to Turkey, we also provide lots of other supports for Citizenship by Investment solutions.

Citizenship by investment services for can be used by citizens of any country but few examples are Citizenship by investment to Turkey from Asia, Citizenship by investment to Turkey from Africa, Citizenship by investment to Turkey from Europe, Citizenship by investment to Turkey from South America, Citizenship by investment to Turkey from Malaysia, Citizenship by investment to Turkey from Bangladesh, Citizenship by investment to Turkey from Indonesia, Citizenship by investment to Turkey from Sri Lanka, Citizenship by investment to Turkey from Nepal, Citizenship by investment to Turkey from India and Citizenship by investment to Turkey from UAE.

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