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Your Guide To Turkish Citizenship By Property Investment

Our Practice And Expertise On Property Purchase

Like the previous ways of getting staying permit turkey by investment, you must keep the purchased shares for three years. Getting Turkish citizenship by investment is possible through bank deposits in this country. In this method, you must deposit at least US $ 500,000 in Turkish banks. The Agreement ensures that you pay taxes in only one of the two countries. So investors are not required to pay taxes in Turkey and their own countries. This will save your money when trying to get Turkish citizenship by investment.

As Turkish law does not recognize marriages that are homosexual relationships or polygamy your partner/spouse should be the opposite sex of yours and legally married. Turkey’s real estate sector has been a major driver of the country’s economic growth in recent years, as well as being the prime sector of foreign direct investment. In 2012, the law was changed, allowing foreigners to buy properties based on reciprocity.

Can I Relocate To Other Countries Such As Us Or Uk With The Turkish Passport?

You will first meet one of our sales consultants either in your hotel or in our office as you prefer. Our experienced sales consultant will be ready to answer all your questions related to the real estate sector in Turkey. You will visit the real estate projects and properties you would like to see together and you will be given a presentation in each one of them. Once you decide to proceed with any of the offers, resident permit turkey usually a reservation fee is paid to reserve the property under your name which you can pay also by credit card. In your Citizenship application, our company lawyers provide legal assistance during the whole process. As long as you can show your profession is a valid contribution towards the Turkish economy, art or sports scene, or fields of education and science or technology, you are eligible to apply.

turkish citizenship

Her full-time job is to scour our global network to identify new banking, immigration, and lifestyle options for our clients. It’s a safe haven for folks from less moderate Middle East countries and other countries where people want to have a Plan B. You want a stable government and a stable political situation where you invest.

What Are The Benefits Of Turkey Citizenship For India Nationals?

Mongolia Turkish passport holders may travel to Mongolia Visa-free and stay for up to 30 days. Nepal Turkish passport holders can acquire a visa on arrival at the International airport in Kathmandu and all border posts.Travelers can apply for multiple-entry visas and extentions if required. Oman Turkish passport holders can obtain a visa on arrival Pakistan Philippines Turkish passport holders do not require a visa to enter the Philippines. Qatar Turkish passport holders do not require a visa to enter Qatar.

turkish citizenship

In addition, lawyers periodically check the stage of the citizenship application and inform the family by receiving direct information from the relevant ministry. Later on, they can collect the Republic of Turkey ID card and passports from the relevant authorities. An application for a residence permit is made in accordance with paragraph 31/J of the law on Foreigners and International Protection number 6458. The residence permit we have mentioned is a type of residence permit special to the application process for Turkish Citizenship. Therefore, the residence permit application is made only on behalf of the main applicant. The main applicant can use this residence permit when entering and exiting Turkey if he wishes.

Visa Free Travel To 110 Countries

By far the most popular investment model for the Turkish program is to purchase property with a minimum value of $250,000. In 2019 more than six thousand main applicants from nearly 100 countries chose to take this option, attracted by the very reasonable prices and good rental yields. If you wish to know how to remotely process your citizenship application while remaining at home in your country of resindence, please contact us. Only one foreigner can be a property owner to be eligible for residence permit on this basis.

turkish citizenship

In this process, lawyers need contact number and title deed information. Citizens of foreign countries are subject to certain restrictions regulated within the relevant legislation in the process of acquiring real estate in Turkey. In the acquisition of real estate by foreign citizens in Turkey, first of all, the amount of land area of real estate is limited. According to this regulation, the acquisition of 30 hectares of real estate is allowed. In addition, military prohibition and security zones are also closely monitored. It is controlled whether the area where a foreign citizen requests to acquire a real estate is in military or security zones or not.

After-sales Department will be at your service to offer guidance and assistance in all stages of your property purchase and. Citizenship application, including management of your property, if the purpose of your purchase is to achieve rental income. Turkey is a big country and Istanbul is the most lively, historical and socio-cultural city in Turkey.

turkish citizenship

Since 2012, the company actively operates in the residency and citizenship by investment field. To apply for the citizenship based on a purchased property, before the law reformation it is required for the property to be worth 1,000,000 USD. Investor must provide his/her passport, civil registry record and marriage certificate. The notarized translation of such documents in Turkey shall be made by our firm.

See More Statistics On This Program In The Imi Data Center

There can also be issues with mortgages, legal disputes, annotations on title deed, military restrictions of property ownership and more. Have a lawyer guide you on your entire process of citizenship property acquisition to choose the right property. Or better, have Viya Citizenship- that advises you directly on property while acting as your lawyers- to assist you to choose the best fit for your goals. Other Documents A Power of Attorney to follow up PR and citizenship application, to purchase the property and to open the bank account is necessary from main applicant. The by Investment program was introduced by the government in 2018 and is focused on real estate investments. The program features a straightforward application process, and investors can benefit from rental income and may re-sell their property.

Citizenship by investment has many options for investing in the country. These programs are actually in the benefits of the country because your investment may generate revenue for the state and creates jobs for the local citizens. You can get quick citizenship without waiting for three or five years.

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