One can apply for Turkish citizenship by investing in local real estate or Turkish-based companies. Earlier, the investment threshold was set at $1,000,000. In 2019, this required amount was lessened to 250,000 to bring in more investors to the country. Later, in April 2022, the amount was again raised to $400,000 real investment. The decision was made to increase it to $400,000.
There are many benefits of becoming a citizen of Turkey and acquiring a Turkish passport. The process is quick and simple, making you a passport holder within six months.
Turkey is a transcontinental Eurasion country, located in the midst of Europe and Asia. This makes it a country of substantial geostrategic importance. Turkey is blessed abundantly with beautiful scenic views. The country not only has a strategic location, three seas also border it. This allows connectivity with major markets through excellent transport links.
Turkey’s capital is Ankara. However, Istanbul is Turkey’s biggest city. The city is popular Turkey’s cultural and commercial center. It boasts a thriving economy and a rich culture. It is a member of the G20 and NATO.
If one wants to acquire a second passport and citizenship, Turkey can be a great option. Turkey can be an excellent country to live and invest in. Turkey offers lucrative investment opportunities to potential investors and entrepreneurs. The Turkish culture is vibrant and lively. One can expect an interesting mix of modern and traditional practices. These traditions have evolved over the centuries and many civilizations played their part. Turkey is the 16th largest economy in the world.
Recently, Turkey has become a popular investment spot. Those planning to relocate to a new country can consider this option. Since the economy is great and there are plenty of investment opportunities, it has become a hotspot for all kinds of investments.
Living in the UAE, if you aspire to get a second passport and you can imagine yourself living and settling down in Turkey, DM Consultants can help you. Get in touch with our Turkey Citizenship by Investment consultant today to learn more about Citizenship by Investment programs.
With the expert assistance of DM, you can apply for Turkish citizenship by investment from Dubai successfully. We will guide you through the entire process and ensure a successful application process.
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Turkey offers a variety of investment options under this program to investors who wish to gain Turkish citizenship. Following are the investment requirements the main applicant has to fulfill to qualify for Turkey passport by investment:
The applicant applying for Turkish nationality has to apply to one of the organizations listed below to get a Certificate of Eligibility for Investment in Turkey:
The following eligibility criteria has to be met to qualify for Turkish Citizenship by Investment:
Here is the list of mandatory documents Turkey passport by investment:
Here are the some of the main benefits of acquiring Turkey nationality:
You can get in touch with DM Consultants to get further information regarding the residency by investment programs. DM operates through UAE and you can apply for Turkish citizenship by investment from Abu Dhabi. If you reside in Sharjah, you can use the assistance and expertise of DM to get Turkish citizenship by investment from Sharjah.
The first step of the application procedure is to complete a pre qualification check. This is done through an online application that requires basic information about the applicant and their family.
The next step is to submit the required documentation, such as proof of identity, proof of investment, financial records, and any other documents that may be necessary.
The applicant will then have to submit an application for Turkish citizenship and provide supporting documents to prove they meet the requirements.
The candidate must go through a background investigation in order to determine that they meet the requirements to become a Turkish citizen.
Once the due diligence check is complete, the applicant can submit their application, along with all the required documents.
After all the documents are verified, the application will be reviewed and a decision will be made on whether to grant citizenship or not.
Applicants must meet certain investment criteria. This includes a minimum investment of $500,000 in a Turkish bank account or real estate trust, as well as a minimum investment of $400,000 in real estate.
Once the application has been approved, the applicant will be issued a Turkish passport and will become a citizen of Turkey.
The minimum investment required to get a Turkish citizenship and passport is $400,000. This if for the investing through purchase of real estate. Until 2022, this amount was $250,000.
For other investment options, the amount starts from $500,000.
Once the applicant has made the investment, they can expect to get citizenship in 3 to 4 months.
It takes about 6-9 months for the process of Turkey Citizenship to get completed. Individual circumstances also matter. Gathering the relevant documents takes about 3-4 days, the relevant authorities take 30-60 days in verification and other due diligence procedure.
After the process gets completed and the investment is also arranged, you submit the application and get your Turkish passport by investment within 60 days. Applicants are required to secure a residency permit before applying.
