Acquisition of Turkish Citizenship for Foreigners Through Real Estate Investment
Investors of foreign origin are granted the right to acquire Turkish citizenship by means of exceptional procedures upon purchase of real estate worth USD 250,000 and more.
For this purpose, foreigners:
Shall purchase real estate worth at least USD 250,000
Shall state, in the application for acquisition, that they purchased the real estate for this purpose, the title deed should state this purpose, and the foreigner shall declare that they shall not sell the real estate for three years in the section of the form where declarations are made.
With only one investment, spouse of the investor and their minor or dependent children may also acquire Turkish citizenship in the event they apply together with the investor
With its warm climate and convenient geographical position acting as a bridge between Asia and Europe, Turkey is considered an attractive place for residence or citizenship.
The Turkish citizenship program is one of the fastest at approximately three to six months for application processing, one of the most affordable citizenship programs worldwide.
The Turkish government allows dual-citizenship, which means applicants may retain their original nationality.
The Turkish citizenship provides access to the free Turkish education and health care system. Additional benefits include visa-free travel to over 100 countries, Singapore, Japan and major countries in South America and Africa.
The Turkish Government does not require the applicant to declare international earnings or pay tax on international income.
Further, there is no inheritance tax in Turkey
Turkey’s Customs Union with the EU allows investor and it’s businesses direct access to the EU Market.
Turkey also has a prospective Visa free travel to EU soon