Turkey is a nation straddling eastern Europe and western Asia with cultural connections to ancient Greek, Persian, Roman, Byzantine and Ottoman empires. Cosmopolitan Istanbul, on the Bosphorus Strait, is home to the iconic Hagia Sophia, with its soaring dome and Christian mosaics, the massive 17th-century Blue Mosque and the circa-1460 Topkapı Palace, former home of sultans. Ankara is Turkey’s modern capital.
The new Turkish citizenship by investment program was published in the Official Government Gazette in September 2018. The new law requires a minimum Real Estate investment of USD400,000 and the citizenship can be obtained in approximately 5-6 months. The property can be sold after 36 months (but citizenship is for life).
With over 4 million Arabs already residing in Turkey, it is a very desirable destination for many Middle Eastern families. With very favorable exchange rates for the last 12 months, it’s now a very good time to look at real estate in Turkey, and the added benefit of a Turkish passport with your investment should see real estate prices rise soon.
There is no residency requirements for the program, although you must travel to Turkey for completion of biometrics.
Aside from the Real Estate option, there is the option of a cash fixed deposit of USD 500,000 – for 3 years in a bank operating in Turkey. There is are also option to start a business and to create local employment, but the most common and effective route at the moment, is through what many consider to be the “underpriced” real estate market. The Huriya Private team have a number of excellent agents offering wonderful properties in central Istanbul, both residential and commercial.
A Turkish passport offers visa-free access to over 110 countries including Russia, Brazil, Singapore and Hong Kong. It should be noted that the Turkish government are working steadily towards visa free access to Schengen for its citizens. Visa liberalization for Schengen is considered a top priority for President Erdogan.
Turkish citizenship program offers efficient routes to relocating to both the UK (Turkish Business Person Visa) and USA (E-2 Investor Visa).
Turkey is considered a very safe country to live and work, and a very low cost country. Lifetime citizenship is extended to future generations of family and children. Turkish property can also be passed to next generation without inheritance taxes.
A foreigner acquiring Turkish citizenship by investment has the same rights as any Turkish person born in the country.
There are no mandatory residency requirements. You can apply as soon as the property is purchased, and no interview, education or management experience is required.
A renewable biometric Passport with ten years’ validity is offered, along with a Turkish Identity Card.
Option 1
– An investment in property with a minimum value of US$ 400,000 plus the applicable taxes.
– This real estate acquisition may be limited to a single property or include multiple properties.
– Huriya Private has partnered with renowned developers of projects in Turkey that allow clients to become owners of the property.
Option 2
– Bank Deposit US$ 500,000 to a Turkish bank.
– Deposit can be made to USD, TRY, EUR accounts and can be put for interest return.
– Certify your depositing for BDDK
– Block the funds for three years in the bank , not to be withdrawn.
Option 3
– Fund Investment of US$ 500,000.
– Invest in a Turkish Investment or stock-bond for a min. US$ 500,000.
– Certify your investment for SPK
– Provide audit forms, from the invested fund.
– Confirm request to keep for three years.
Sign a retainer agreement for Huriya Private to act as your advisor for application, due diligence & legal processes.
Arrange a visit to Turkey to acquire a property for a minimum amount of at least US$ 400,000 plus the applicable taxes.
Transfer the investment amount & any applicable fees into an approved ESCROW account.
Submission of all the necessary supporting documents and payment of the application fee.
Once the application has been verified and approved, the applicant will be invited to Huriya for biometric capturing, after which passport will be issued.
* Visa on arrival
ASIA
• Armenia • Bangladesh* • Brunei • Cambodia* • Hong Kong (SAR China) • Indonesia • Japan • Kazakstan • Kosovo • Kyrgyzstan • Laos* • Macao (SAR China)* • Malaysia • Maldives*• mongolia • Nepal* • Pakistan* • Palestenian Territories • Philippines • Singapore • South Korea • Taiwan* • Tajikistan • Thailand* • Timor-Leste • Uzbekistan
MIDDLE EAST
• Bahrain • Jordan* • Kuwait* • Lebanon* • Qatar
EUROPE
•Azerbaijan • Belarus • Bosnia and Herzegovina • Georgia • Moldova • Montenegro • Mecedonia • Serbia • Ukraine
AFRICA
• Botswana • Cape Verde Islands* • Comoros Islands • Comoros • Eswatini • Gabon • Gambia* • Guinea-Bissau • Kenya* • Libya* • Madagascar* • Mauritania* • Mauritius • Morocco • Mozambique* •Namibia* • Rwanda* • São Tomé and Príncipe • Senegal •South Africa • Sudan • Tanzania* • Togo* • Trinidad and Tobago • Tunisia • Uganda* • Zambia* • Zimbabwe*
AMERICAS
• Argentina • Belize • Bolivia • Brazil • Chile • Colombia • Costa Rica • Ecuador • El Salvador • Guatemala • Honduras • Nicaragua • Panama • Paraguay • Peru • Uruguay • Venezuela
CARIBBEAN
• Antigua and Barbuda • Bahamas • Barbados • Dominica • Dominican Republic • Haiti • Jamaica • Saint Kitts and Nevis • Saint Lucia • St. Vincent and the Grenadines • Vanuatu
OCEANIA
• Fiji • Marshall Islands* • Micronesia • Palau* • Samoa • Tonga • Tuvalu
E-VISA
• Albania • Australia • Benin • Djibouti • Ethiopia • Guinea • Lesotho • Malawi • Myanmar [Burma] • Oman • United Arab Emirates
USD 250,000
4 – 6months
110+ Countries
Investor, Spouse & Dependents up to age 18yrs,
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