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Turkey is visited by millions of people all over the world. It is one of the most culturally rich countries in Asia and Europe. Turkey has a wealth of natural beauty offering breathtaking landmarks, cultural values, historical structures, splendid natural sceneries and geographical advantage. Turkey’s location, cultural proximity to the Arab culture, and one-of-a-kind experience are all key reasons that attract tourists as well as investors to Turkey.
Turkey introduced its Citizenship by Investment Program in 2018. Turkish Citizenship is granted to investors in exchange for investment done in the country. High net worth individuals and families enjoy countless benefits including visa-free travel, medical assistance, and free education.
Other benefits of Turkish citizenship are:
- No minimum residency requirement
- Availability of Pension programs
- Rental returns can be collected on the property
- Lifetime Turkey citizenship granted within 3-6 months
At the present time, it is very easy to get a Turkish passport and claim citizenship. High Net-worth individuals can acquire Turkish Citizenship and passports through the purchase of a residence or investment in the desired amount.
High Net-worth individuals can obtain Turkish citizenship through either of the following investments:
- An investment in immovable property or properties summing a value of USD 250,000 (need to hold property for minimum 3 years)
- Minimum fixed investment of USD 500,000 in a Bank (with a condition to not withdraw the amount for 3 years)
- Minimum fixed capital investment of USD 500,000 in a Government Bond (need to be held for 3 years)
- Minimum fixed capital investment of USD 500,000 in a real estate investment fund share or venture capital investment fund share (with a holding period of 3 years)
- Minimum fixed capital investment of USD 500,000 proven by the Ministry of Industry and Technology.
Get your expert advice today and check your eligibility.
