In the era of globalization, connectivity and access to the whole world opens doors to various career-defining opportunities for people. This is the reason why the demand for citizenship by investment programs has been increasing rapidly. Turkey also introduced the Turkey citizenship by investment program in 2017 to provide individuals with multiple lifestyle and business benefits.
Turkey Citizenship by Investment Program Overview
The citizenship by investment Turkey allows individuals to live, work, and study in Turkey by getting its citizenship, which is granted if an individual meets the investment requirements. These investment requirements include many pathways such as real estate, government bonds, venture capital and others. After getting citizenship, the Turkey second passport holders enjoy seamless travel with visa-free access to 114 countries, including key destinations in Europe, Asia, Africa, and the Caribbean.
Investment Routes for Securing a Turkey Second Passport
The Turkish government provides its individuals with numerous investment pathways. They can choose the option that aligns best with their profile.
Turkey Citizenship by Real Estate Investment
This is the most popular investment option, requiring a minimum real estate investment of $400,000 to secure a Turkey second passport. Where the investment must be retained for at least 3 years.
Real Estate Investment Fund Share
To get Turkey citizenship by investment, individuals invest a minimum of $500,000 in a real estate investment fund share. This makes them qualify for the Turkey CBI program.
Turkey Second Passport Through Bank Deposit
Through a bank deposit of $500,000, individuals can get a Turkey second passport and benefit from living in Turkey.
Venture Capital Investment for Citizenship
A $500,000 or more venture capital investment is required under this investment route.
Turkey Citizenship by Jobs Creation
Individuals can create 50 jobs and meet the Ministry of Labour, Family, and Social Services requirements to get citizenship by investment Turkey.
Turkey Second Passport by Fixed Capital Investment
Under this investment route, individuals contribute $500,000 in fixed capital to get Turkish citizenship.
Turkey Citizenship by Investment in Government Bonds
To become a Turkish citizen, individuals can invest $500,000 in government bonds.
Key Benefits of Citizenship by Investment Turkey
Turkey is an attractive destination to live and work as it has beautiful landscapes, including stunning seas such as Black Sea and the Aegean Sea. The country has become a major tourist destination and now also attracts global investors by offering them plenty of advantages.
Family Inclusion
Turkey citizenship by investment program allows family reunification, which means the main applicants, along with their spouse and dependent children, can travel to Turkey and live together. This also means they can access high-quality education and healthcare in Turkey.
Global Mobility
A strong passport like a Turkey second passport provides its investors with advantages like global mobility and travel freedom. The Turkish citizens get the privilege of traveling visa-free to more than 110 countries which means they can explore and understand their business markets and maybe expand their business internationally.
Business & Lifestyle Advantages
Turkey is a well-known country for ease of doing business. Moreover, the mild Mediterranean climate in Turkey makes it a key attraction among tourists and investors. Its passport holders access one of the high-quality educational institutions and healthcare systems.
Low Tax Policies
Citizens of Turkey enjoy friendly tax policies. The investors of Turkey citizenship by investment can protect their wealth by moving to a country that has signed a double taxation avoidance treaty with 82 countries including Pakistan, India, and China and offers low cost of living.
Who are the Ideal Candidates for Turkey Citizenship by Investment?
Affluent or High-net-worth individuals seeking stability.
Business owners or startup founders who need global mobility.
Families seeking long-term opportunities.
Individuals who face travel restrictions in their home countries.
Turkey Second Passport Requirements
Following eligibility requirements make individuals qualify for citizenship by investment Turkey.
The main applicant must be an adult aged 18 or above.
Have a clean criminal record.
No serious health issues.
Income must be earned from legitimate sources.
Must provide proof of investments to the authorities.
Conclusion
Turkey citizenship by investment has become a strategic and compelling choice for investors from different parts of the world. As it not only provides ease of doing business and lifestyle advantages to the Turkey second passport holders but also provides them the ability to travel freely to 114+ countries without even requiring a visa, saving both their time and cost.