The option to grant citizenship by investment has become an economical means to generate revenue in many countries. It is used to promote foreign investments, strengthen the labor force, and generate revenue in the State. Turkey has witnessed a steady growth in the number of foreign investors investing in real estate properties in return for citizenship. There are simple and convenient ways on how to get turkey citizenship by investment. The procurement of Turkish citizenship by investment is regulated and governed by the Council of Ministers as per the amendment of Article 20 of the Regulation of the Turkish Citizenship Law's implementation.
Foreign investors who fulfill one of the below conditions may be granted citizenship-
Please note that foreign amounts are determined based on the currency rate exchange.
These are the necessary steps on how to get turkey citizenship by investment.
As per the Turkish Citizenship Law, citizenship can be acquired through investment. However, the government has laid several options for investment.
For all the above investments, the applicants need a valuation report that proves the authenticity of the investment. This valuation must be licensed from the Capital Market Board of Turkey.
When you are dealing with foreign currency, you have to be up-to-date with the currency value. Similarly, when purchasing a property in Turkey, you have to know the current currency rate of the time in which you are buying properties in Turkey. The Central Republic Bank of Turkey will take some useful exchange rate values.
Out of the many countries that allow acquiring citizenship by investment, Turkey proves to be one of the best. There are additional perks that you can enjoy after you are granted citizenship. Business opportunities are widened. You can take advantage of the Customs Union Agreement between Turkey and Europe. The best part about the entire process of citizenship is that your family can also be granted citizenship. Turkey is one of the most cost-effective countries to live in. You can also avail of the dual citizenship offer in Turkey. Procuring citizenship in Turkey allows you to visit several countries without any visa. These are a few of the reasons why you should invest in Turkey in return for citizenship. For your convenience, the guidelines on how to get Turkey citizenship by investment has been made much more convenient.
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