CITIZENSHIP OF TURKEY
BY INVESTMENT
Turkey is one of the countries where investors,
after investing a
certain amount in the country’s economy,
have the right to citizenship.
Over the course of 2019, Turkey’s program for citizenship through investment has every chance of becoming one of the most sought-after choices in the investment migration industry. Turkey, with its unique culture, exquisite cuisine, excellent climate, and leisure opportunities is a popular place for not only tourists but also foreign businesspeople, who invest in local real estate and thus support the development of the construction industry and the country’s economy.
Recent changes made to Turkey’s citizenship law in 2018 reduce by nearly four times the investment required to participate in the country’s citizenship-by-investment program, and this has made the program even more attractive.
Advantages of citizenship in Turkey
by investment
The investments and deposits must be maintained for at least 3 years.
You can make all calculations in US dollars,
without any
of the risks associated with using
the local currency.
No difficult procedures of proving the origin
of the
funds or that you have a stable income.
Good news for investors is the tax stimulus system with four paths,
including general, regional, largescale, and strategic schemes.
Among the tools to support
businesses are lower taxes, freedom from paying VAT and/or customs duties, land grants, VAT
refunds, and other perks.
An applicant who meets the conditions for the
program can receive citizenship
without the five-year waiting period
If the outcome is positive, the applicant is invited to receive a Turkie Cumhuriyeti Nufus Cuzdani, the document that attests that one holds Turkish citizenship, and a Turkish passport.
