AT THE CROSSROADS OF EASTERN AND WESTERN CIVILIZATIONS, TURKEY FEATURES GREAT CULTURAL DIVERSITY. WITH A POPULATION OF 80 MILLION, THE COUNTRY IS CURRENTLY SEEKING FOREIGN INVESTORS TO REBUILD ITS REPUTATION ON THE INTERNATIONAL SCENE.
107 COUNTRIES WITH
PERSONAL NET WORTH
NO MINIMUM REQUIREMENT
In 2017, Turkey introduced an immigrant investor program which puts investors on a 60-day path to citizenship and passport acquisition, which is renewable every ten years and valid for life. As a citizen, you have access to free education, full medical services and pension programs. Also, Turkey was recently granted membership to the Schengen Area and visa-free travel to the 26 member states in Europe. That said, the Turkish passport will eventually allow for visa-free travel to about 148 countries. Its value will undoubtedly grow further if the country joins the EU.
There are various paths to citizenship for immigrant investors, their spouse and their children under 18 years old. The government has set a three-year minimum investment period, after which you and your family are fully recognized as Turkish citizens.
First, you can make a real estate investment of at least 1 million USD. This can be the purchase of a home for instance, which you are required to own for a minimum of three years. Second, you can acquire citizenship by making a government-approved fixed capital investment of at least 2 million USD. Third, you can deposit 3 million USD in a Turkish bank account and keep it there for three years. Fourth, you can purchase 3 million USD in government bonds for three years. Finally, you can make an investment that creates at least 100 jobs.
The process is simple, fast (maximum 60 days) and involves very few eligibility requirements. A property investment of 1 million USD can get you a Turkish passport in as little as a few weeks. Furthermore, there are no barriers to withdrawing your capital or selling your property after the three-year investment period.
This program stands out from the rest because of the very little requirements imposed on immigrant investors seeking a second passport. Residency, language, skills or experience are not defined as eligibility factors. Furthermore, you are not required to demonstrate your financial situation or comply with any obligations regarding the type of real estate investment you are looking to make. As with other European programs, immigrant investor applicants are, however, put through a series of background checks as a means of due diligence before granting citizenship.
Immigrant investor programs are sprouting up all around the world in the hopes of attracting foreign investors. Quantity does not, however, translate into quality. That said, keen expertise that is in tune with global changes and trends is an extremely valuable and crucial asset when engaging in such complex endeavours and when assessing the plethora of available options. Our immigrant investor programs simplify matters to enable you to make well-informed choices that are right for you, according to your specific needs and aspirations.