Turkey – Citizenship-By-Investment Program
In addition to this there is also a fast-track option to gain citizenship in Turkey. This requires a deposit of $500,000 into a Turkish bank account. This amount must remain in the bank account for a minimum of three years
Turkey is located between Eastern Europe and Western Asia, Turkey cultural influences are gained through a mixture of Ancient Greek, Persian and Roman. The iconic Istanbul is an ever growing and established tourist destination with it’s thriving trade and natural beauty. Ankara is Turkey’s cultural capital and is another thriving tourist and settlement location.
The Turkey Citizenship-By-Investment Program offers an entry point to the US through it’s existing E-2 Treaty listing. This allows Turkish Passport holders a highly expedited and consistent successful issuance route into the US.
The Benefits
- The Investment has a short-term investment period of 3 years
- Applicants are able to sell the real estate after three years once Citizenship is granted; the real estate is also traditionally a sound investment with no losses accrued if sold
- Real estate can also be sold to a future Citizenship-By-Investment applicant
- Applicant’s spouse and children under the age of 18 will also be eligible for Citizenship
- No residence requirements need to be met in order to gain Citizenship
- Future generations will also have the ability to gain Turkish Citizenship
- Turkish legislations allows for multiple Citizenships to be held by Turkey Passport holders
Turkey – Citizenship-By-Investment Program
In addition to this there is also a fast-track option to gain citizenship in Turkey. This requires a deposit of $500,000 into a Turkish bank account. This amount must remain in the bank account for a minimum of three years
Turkey is located between Eastern Europe and Western Asia, Turkey cultural influences are gained through a mixture of Ancient Greek, Persian and Roman. The iconic Istanbul is an ever growing and established tourist destination with it’s thriving trade and natural beauty. Ankara is Turkey’s cultural capital and is another thriving tourist and settlement location.
The Turkey Citizenship-By-Investment Program offers an entry point to the US through it’s existing E-2 Treaty listing. This allows Turkish Passport holders a highly expedited and consistent successful issuance route into the US.
The Benefits
- The Investment has a short-term investment period of 3 years
- Applicants are able to sell the real estate after three years once Citizenship is granted; the real estate is also traditionally a sound investment with no losses accrued if sold
- Real estate can also be sold to a future Citizenship-By-Investment applicant
- Applicant’s spouse and children under the age of 18 will also be eligible for Citizenship
- No residence requirements need to be met in order to gain Citizenship
- Future generations will also have the ability to gain Turkish Citizenship
- Turkish legislations allows for multiple Citizenships to be held by Turkey Passport holders
Dependants
- Spouse of the main applicant
- Children of the main applicant who are under the age of 18
Eligibility Criteria
- The main applicant must be over the age of 18
- All applicants must pass stringent due diligence prior to engaging and submitting applications
- Applicants must not possess any form of criminal record
- The required maintenance/investment funds must be available prior to submission
Dependants
- Spouse of the main applicant
- Children of the main applicant who are under the age of 18
Eligibility Criteria
- The main applicant must be over the age of 18
- All applicants must pass stringent due diligence prior to engaging and submitting applications
- Applicants must not possess any form of criminal record
- The required maintenance/investment funds must be available prior to submission
Investment Required
- Applicants are required to purchase a property in Turkey which is worth a minimum of $400,000. This can be fulfilled either by purchasing a single property or multiple properties, with provisions of regulations.
- The value of the property will be determined by an official valuation survey done by the authorities that are announced by the Banking Supervision Board. The value of the property must be at least $400,000 in the valuation report.
- In case the property is purchased with a mortgage loan or is subject to mortgage by any means, the mortgage value will be deducted from the value stated in the valuation survey and the remaining amount will be taken into consideration.
- Applicants are required to keep the purchased property for at least 3 years. This commitment must be registered as an annotation on the Title Deed and/or on the Notarized Sales Contract.
- The Property purchase price must be paid to the seller via bank transfer to be supported by bank receipts that prove the transaction is made from the buyer’s account to the seller’s account.
- Any such property within this scope must not be registered under and foreign real person’s name including the applicant’s spouse or children; properties that have been transferred by the Applicant’s spouse or children after 12.01.2017 are not within the scope of the regulation.
- The application will be sent to the Ministry of Internal Affairs, General Directorate of Population and Citizenship Affairs, Directorate of Foreigners Department, through the Ministry of Environments and Urbanization, Land Registry Office.
Procedure and Timeframe
immVest International will strive to ensure that the best option is arrived at prior to engaging. We will then perform an initial due diligence both internally and with our Country specific Delivery Office. Our Client Agreement will then be signed, and relevant Professional Fees will then be payable. Our immVest International Processing office together with our Country specific Delivery Office will begin full preparation on the application prior to submission and visitation (if required).
Investment Required
- Applicants are required to purchase a property in Turkey which is worth a minimum of $400,000. This can be fulfilled either by purchasing a single property or multiple properties, with provisions of regulations.
- The value of the property will be determined by an official valuation survey done by the authorities that are announced by the Banking Supervision Board. The value of the property must be at least $400,000 in the valuation report.
- In case the property is purchased with a mortgage loan or is subject to mortgage by any means, the mortgage value will be deducted from the value stated in the valuation survey and the remaining amount will be taken into consideration.
- Applicants are required to keep the purchased property for at least 3 years. This commitment must be registered as an annotation on the Title Deed and/or on the Notarized Sales Contract.
- The Property purchase price must be paid to the seller via bank transfer to be supported by bank receipts that prove the transaction is made from the buyer’s account to the seller’s account.
- Any such property within this scope must not be registered under and foreign real person’s name including the applicant’s spouse or children; properties that have been transferred by the Applicant’s spouse or children after 12.01.2017 are not within the scope of the regulation.
- The application will be sent to the Ministry of Internal Affairs, General Directorate of Population and Citizenship Affairs, Directorate of Foreigners Department, through the Ministry of Environments and Urbanization, Land Registry Office.
Procedure and Timeframe
immVest International will strive to ensure that the best option is arrived at prior to engaging. We will then perform an initial due diligence both internally and with our Country specific Delivery Office. Our Client Agreement will then be signed, and relevant Professional Fees will then be payable. Our immVest International Processing office together with our Country specific Delivery Office will begin full preparation on the application prior to submission and visitation (if required).
