Benefits of Turkish Citizenship, Application Process, and Key Considerations
Do you want to live, work and invest in Turkey? Citizenship by investment in turkey is your chance! Turkish citizenship gives you many benefits including visa free travel, residency and work rights, dual citizenship and more. In this post we will explain the application process, the benefits of the program and key points to consider.
Benefits of Turkish Citizenship
Visa Free Travel: Turkish passport holders can travel to over 72 countries without visa. 37 countries allow visa on arrival and 10 countries allow online visa. Holders of special Turkish passports can travel visa free to 111 countries including all Schengen Zone countries. These special passports are available to public sector employees, businesspeople and lawyers.
Right to Live and Work in Turkey: As a Turkish citizen you can live and work in Turkey forever. You don’t need to renew residence or work permit every year.
Dual Citizenship: Turkey allows dual citizenship if your original country allows it. You don’t need to renounce your current citizenship.
Investment Options: The citizenship program has different investment routes, real estate, fixed capital investment, bank deposits or government bonds. You can choose the one that suits your budget and goals.
Equal Rights: Turkish citizens have access to healthcare, education and social security.
Turkish Citizenship Application Process
The process to get Turkish citizenship is simple and takes 3-4 months. Working with a Turkish citizenship lawyer can make the process smoother. Here are the steps:
Certificate of Eligibility: Apply for a “Certificate of Eligibility” to see if your investment meets the program requirements.
Investor Residence Permit: Once you get the certificate, apply for investor residence permit.
Documents: Gather your documents including your passport, birth certificate, marriage certificate (if applicable), power of attorney, biometric photos and proof of family status. Apostille is required for these documents.
Application: Apply for yourself and your family once your documents are ready.
Approval Notification: After approval the Turkish government will notify you.
ID Card and Passport: Collect your Turkish ID card and passport.
Real Estate Citizenship
By investing in real estate worth at least $400,000 you can apply for Turkish citizenship. But there are some conditions:
Property Eligibility: Make sure the property is eligible for the citizenship program. Consult an expert lawyer is must.
Payment: The property must be paid through a bank and the declared value at the land registry must be at least $400,000.
Appraisal Value: The property must be appraised by an authorized expert at least $400,000.
Seller’s Nationality: The seller must be a Turkish citizen and cannot be a close relative or business partner.
3-Year Holding Period: You cannot sell the property for three years after purchase.
Key Points to Keep in Mind
- Seek Expert Legal Assistance: The citizenship application process can be complex. Hiring an experienced Turkish citizenship lawyer will help you avoid any potential issues.
- No Need to Know Turkish: You don’t need to know Turkish to apply. Translators and lawyers are available to assist you throughout the process.
- No Loans from Turkish Banks: You cannot use loans from Turkish banks for the $400,000 investment. However, you may use bank financing for amounts exceeding this threshold.
In conclusion, applying for Turkish citizenship through investment is an excellent opportunity for those seeking a new life in Turkey. With benefits like visa-free travel, residency and work rights, and dual citizenship, this program allows you to enjoy all the advantages Turkey has to offer. Careful planning and guidance from an expert lawyer will help you achieve your dream seamlessly.
