Turkey’s Golden Visa Program is a residency-and citizenship-by-investment program that allows foreign citizens to invest in Turkish real estate or businesses. This investment will give the investor and their family access to the country’s wealth of resources, as well as a passport that opens doors around the world.
As with any investment, it’s best to work with a legal professional who is familiar with the process and how the country operates.
Investing in Turkey
Turkey’s Golden Visa program is one of the fastest ways to acquire citizenship through investment. With this program, you can become a Turkish citizen in as little as six months after investing at least $400,000 in the country. There are several different investment options available, including real estate and government bonds. If you’re interested in applying for the program, consult with an expert immigration attorney or consultant first. A company such as MGC Legal can help you with the process, and they’ll be able to provide you with extensive due diligence for your chosen investment option.
The most popular choice for the Turkish citizenship by investment program is to purchase property in the country. This can be an apartment, house, commercial or industrial property, or even land. It’s possible to buy multiple properties if they’re all worth at least $400,000. This investment is also tax-exempt.
Another option is to invest in Turkish government bonds. This is a safe and secure option, as it’s backed by the country’s strong economy and political stability. Additionally, the government will pay you back a portion of your investment in the event of a default. This investment is also tax-exempt, and it’s a great way to diversify your portfolio.
Finally, you can also obtain a Turkish citizenship by investing in venture capital or real estate funds. These investments are a good way to diversify your portfolio while earning passive income. They’re also highly regulated, so you can rest assured that your money is safe.
Once you’ve made your investment, you can apply for a residence permit in the country. This will give you the freedom to work in the country, and you’ll be able to live anywhere in the world. You can also use your Turkish passport to travel abroad without any restrictions.
Another advantage of this program is that it’s easy to get started. You don’t need to be in the country to start the process, and you can submit a Power of Attorney (POA) to someone else. If you’re not ready to make a full-time commitment, you can still apply for the citizenship by investment program in other countries. For example, the USA offers an E2 Investor Visa that leads to citizenship after a few years.
Obtaining a Residence Permit
The Turkish Golden Visa program is a citizenship-by-investment scheme that offers a fast track to Turkish citizenship for high net worth individuals and their families. The program is a great option for foreigners who wish to live in Turkey, benefit from its economic growth, and enjoy social security benefits. It also gives them access to high-quality healthcare, world-class education, and a vibrant culture. Moreover, a Turkish passport is valid for life and offers many travel privileges.
The process is simple and requires minimal time commitment. You can apply for the visa directly with the local Immigration Administration or with a reputable immigration consulting firm. You can even do the entire application remotely. In addition, you can include your spouse and children in the visa application. Once you’ve obtained a residence permit, you can begin the process of applying for citizenship.
In addition to being an excellent investment destination, Turkey has a dynamic business environment and offers favorable tax rules. Consequently, it’s easy to establish new businesses in the country and tap into lucrative business opportunities. Moreover, its strategic location at the crossroads of Europe and Asia allows it to become a crucial transit route for energy pipelines and trade networks.
To qualify for the Turkish Golden Visa, you must invest a minimum of $450,000 in a real estate property. However, there are a number of other options available as well, such as starting a business and employing 50 Turkish citizens or investing in government bonds. Unlike other citizenship-by-investment programs, Turkey’s thresholds are lower, making it more accessible to investors with higher incomes.
Most foreigners who seek the Turkish Golden Visa program don’t have sufficient knowledge of Turkish law and regulations regarding tax, finance, and immigration laws. That’s why it’s a good idea to hire an attorney or consultant who has extensive experience in overseas investments.
Obtaining Turkish Citizenship
If you are planning to relocate to Turkey, obtaining Turkish citizenship will provide your family with the opportunity to enjoy the country’s rich culture and hospitality. As a Turkish citizen, you will also have access to high-quality education for your children, as well as free healthcare and social security benefits. You will also be able to benefit from strong commercial ties that Turkey has with many countries around the world.
The process for obtaining Turkish citizenship by investment is quick and simple. There are no residency or language requirements, and you can invest in any area of the economy. The most popular investment option is to purchase real estate in Turkey, but you can also buy government bonds or invest in an investment fund.
Another way to get Turkish citizenship is by starting a business in Turkey and creating jobs. You can choose from a number of different options, including the establishment of an airline or a technology company.
You can also apply for Turkish citizenship by investing in the Turkish stock market. This requires a minimum investment of $500,000, which can be invested in the share capital of a company registered in Turkey.
If you want to become a Turkish citizen by investment, you should consult an expert immigration attorney or consultant. They will be able to help you choose the right investment option and submit all the necessary documentation. They will also be able to guide you through the entire process.
In addition to submitting all the required documents, you will need to have a clean criminal record. You will also need a passport, and proof of financial resources.
The application process is simple, and you can complete it from anywhere in the world. The agent of the investment program will hold a preliminary Due Diligence and prepare your application for the main Due Diligence. They will check your identity through various databases and the Internet and prepare all the necessary documents for you.
The final step is to take the oath of allegiance and receive your Turkish citizenship. Once you have obtained your citizenship, you will be able to travel freely throughout the European Union and Turkey.
Getting a Turkish Passport
Getting a Turkish passport is not only easier than it may seem, but also one of the fastest options in Europe. In fact, the whole process typically takes only four months – a good deal shorter than it would take to get a similar citizenship by investment scheme in other countries. This is largely due to the fact that Turkey is not a visa-restricted country, making it much more accessible to foreign investors.
Applicants are required to meet certain criteria to be considered for the Turkish investor-citizenship program. These include a minimum capital investment, real estate purchase or depositing funds into a Turkish bank account. Moreover, the investor and his or her family members must have no criminal record, and the funds used for the investment must be obtained legally.
After meeting the required criteria, the applicant will receive a residence permit. This will allow him or her to work and live in Turkey while awaiting the Turkish passport. The residence permit can be extended or converted into a permanent residence visa once the citizenship application is approved.
Once the citizenship application is processed, the applicant will be notified and invited to take an oath of allegiance at the Citizenship Office or at a designated public office. This is an important step that officially makes the citizen a Turkish citizen.
As a Turkish citizen, you will be granted visa-free or visa on arrival access to 126 destinations across the globe. Moreover, you will be able to invest in the country’s economy and gain a competitive edge in the world of business.
Lastly, you will enjoy the benefits of having a “safe haven” in case of an emergency in your home country. Additionally, the status of a Turkish citizen will enable you to acquire a US E-2 investor visa and relocate to the United States.
Whether you are looking for a corner of stability in a turbulent world, want to raise your children in a safe and prosperous country or simply wish to acquire a second passport, Turkey’s citizenship by investment program is the best option for you.