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Turkish citizenship by Investment started in 2017 and has since gained massive popularity among investors from all parts of the world. If you are looking forward to a business investment visa in Turkey by investing, ensure you read this article.
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How To Obtain Turkish Citizenship By Investing In Turkey? Turkish citizenship by Investment started in 2017 and has since gained massive popularity among investors from all parts of the world. If you are looking forward to a business investment visa in Turkey by investing, ensure you read this article. There are several types of economic contributions that applicants can select from. These economic contributions will contribute to Turkish society and help develop the country. The country has immense geostrategic importance as it lies between the borders of Europe and Asia. There are several benefits of Turkish citizenship by Investment, similar to investor visa the USA. Benefits Of Turkish Citizenship By Investment: ● Applicants who apply for this citizenship program get visas free to 110 destinations, including countries like Singapore, Hong Kong, and Japan. ● This country has a Mediterranean climate filled with beautiful sceneries. Living in Turkey, you get access to a high standard of living which is essential for a better life. ● Full citizenship is granted to the applicant and their family members, which is remarkable. ● When you get Turkish citizenship by Investment, you are also eligible for an E-2 investor visa in the USA. This visa is granted on a five-year renewal period. ● Applicants also get access to transcontinental Eurasian countries. These countries have stable financial and economic conditions. It is also the political hub between western Asia, the Middle East, and western Asia offering the best results. Requirements: To qualify for the Turkish citizenship by investment program, the applicant should fulfil any mentioned points below. ● The applicant should have the capacity to acquire real estate, which is worth USD 250,000 for the best results. ● The applicant should be able to invest a minimum of USD 500,000. This should be a fixed capital contribution.
● The applicant should deposit a minimum of USD 5000,000 or any foreign currency equivalent to the amount mentioned. The applicant can also opt to pay in Turkish Lira. ● The applicant has to contribute USD 5000,000 or any foreign currency equivalent to government bonds. ● The applicant can also contribute USD 500,000 to real estate funds or venture capital investment funds. ● The applicant should be able to create a job opening for 50 people. This is attested by the Labour, social services, and family ministry. The applicant has the liberty to include their spouse or children dependent, meaning below the age of 18. Procedures and Time frame: Once the applicant has chosen the most convenient investment opportunity, a residence permit application is made. This application is made on the family’s behalf. Once the application is opened, the applicant can open an account in a bank in Turkey. The general time frame required is approx. 120 days. Once Investment is over, along with documentation, it is submitted to the government. Then, the government authorities examine and ask for an interview. After the interview, the applicant is granted citizenship on approval. Conclusion: Mentioned above is a brief on obtaining Turkish citizenship by investing in the country. Name: Davies & Associates LLC Website: https://www.usimmigrationadvisor.com/