Ever wondered about Turkish citizenship? Imagine all the baklava you get to enjoy and all the other Turkish delights that come with it. It’s easy to become a Turkish citizen. Let’s know-how!
The Turkish government introduced a citizenship by Investment program back in 2018 and is focused on real estate investments. The program features a straightforward application process, and investors can benefit from rental income and may re-sell their property.
This complete guide will share the benefits of owning a Turkish Visa, who can apply for a Turkish Visa, the application period for the visa, the legal basis for the Turkish Visa, and the FAQ regarding Turkish Visa.
What are the Benefits?
- Visa-free Travel
As a Turkish citizen, you will be able to travel visa-free or with a visa-on-arrival to over 110 countries and territories globally, including Singapore, Hong Kong, and Brazil.
- E-2 Investor Visa
As a Turkish citizen, you will apply for the E-2 investor visa for the United States.
- Tax Relief
Turkey does not impose taxes on worldwide income, capital gains, gifts, wealth, and inheritance.
- Minimal Residency Required
There are no physical residency requirements. You are not required to visit before or after the application.
- Dual Citizenship Permitted
There is no need to renounce your current citizenship(s).
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Who Can Apply?
- Main applicant requirements:
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Confirmed investment sources
- Straightforward Process
Designed to be a smooth and straightforward process with a timeframe of 4 to 6 months to your new citizenship.
- Minimal Residency Required
There are no physical residency requirements.
- Eligible dependents
- Spouse of the main applicant
- Children (biological or adopted) under 18 years of age
*Parents and children older than 18 must be dependent on the main applicant.
**Besides, you must hold your real estate purchase for a period of 3 years.
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How Long is the Application?
The expected timeframe for the Turkish citizenship process is 6 months. Firstly, the document collection can differ in length depending on the applicant’s ability to gather the documents.
Besides, our team guides this process with samples and best practice advice.
Then, the reviewal stage is subject to the respective Government schedule. Additionally, agents have no control over some other factors by the Government.
However, IQI, through our local registered representative office, collaborates with the Government throughout the entire process. Therefore, we aim to provide the quickest and smoothest experience for the applicant.
Legal Basis
Article 20 of the Regulation on the Implementation of the Turkish Nationality Law (“Regulation“) stipulating the exceptional cases on which Turkish nationality is obtained, as amended by the Presidential Decree No. 106 (“Decree“), which was published in the Official Gazette dated, September 19, 2018, and entered into force on the same date.
Furthermore, article 20 of the Regulation introduced a new prerequisite to obtaining Turkish citizenship. Consequently, if Capital Markets Board determines that a foreigner has purchased a share of real estate investment fund or venture capital fund with a minimum requested value of foreign currency or equivalent Turkish Lira on condition that the share would be held by such foreigner for three years at least, Turkish citizenship can be obtained upon a Presidential decree.
Frequently Asked QuestionsQ: Can I include my family when applying for Turkish Citizenship by Investment Program? Yes, you can include qualified members of your family in the application or add them after you have obtained your citizenship for an additional fee. A qualified family member can be a child not older than 18 years, an older child currently enrolled in an educational institution, a spouse, parents, and in-laws who are financially dependent on the main applicant. Q: Are there any interviews, language tests, or work experience requirements when applying for Turkish Citizenship by Investment Program? No, there are no requirements for an interview, language proficiency, or work experience. Q: Do I need to visit Turkey before obtaining my citizenship? No, there is no requirement to visit Turkey before or after obtaining your citizenship. You are, however, welcome to visit and explore the country. Q: Does Turkey provide a biometric (ePassport) passport? Yes, the biometric ePassport is also a Turkish passport. Q: How many pages does the Turkey passport have? The biometric passport of Turkey has 38 pages, out of which 35 are visa pages. |
This article was written by Omer Ali Khan, Country Director, IQI UAE:
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