Commonwealth of Turkey Citizenship - My Blog

Commonwealth of Turkey CitizenshipCitizenship By Investment

Commonwealth of Turkey Citizenship

Turkey citizenship program was launched in 2017 and it attracts investors and entrepreneurs and their families to invest and settle in or establish their business in the heart of the world between Asia and Europe. Basically, Turkey is a Muslim country with an effective and finest climate zone and a popular destination for amusement and business opportunities with an impact of east and the west.

Turkey Second Passport

Turkey second passport was launched to attract investors and foreign direct investment to boost growth in the country’s real estate sector. Under certain conditions this program allows foreign investors to acquire citizenship. As a foreigner or outsider, applicants obtain irrevocable citizenship and passport without having to reside in the country or renounce their country nationality.

Benefits of Turkish Citizenship by Investment:

There are lots of benefits to avail after obtaining citizenship and to live as a citizen in turkey. Few of them are listed below:

  1. Visa Free travel to 100+ countries around the globe including Hang Kong, Singapore, and Japan.
  2. One of the world’s most attractive tourist destination.
  3. There is no minimum residency requirement.
  4. An applicant who has citizenship can be eligible for the E-2 investor visa.
  5. Access to the world’s most luxurious lifestyle.
  6. Access to world-class education and healthcare.
  7. Substantial economy among world’s strongest countries.
  8. Applicants and their family members are entitled to enjoy all benefits of a citizen.

Turkish Citizenship Requirements:

Under the new rules and regulations in Turkey, a foreign investor must realize one of these six conditions to obtain Turkish citizenship by Investment:

The easiest and finest way to obtain Turkish citizenship by purchasing a property worth 250,000 USD.

Those who have purchased a minimum of 250,000 USD worth of housing, workplace, estate, or similar properties and annotating on the land registry not to be sold for 3 years.

Creating employment for at least 50 people.

Invest or deposit at least 500,000 USD to the banks operating in Turkey and keeping the account for 3 years.

Purchasing at least 500,000 USD, participation share of real estate investment’s fund or participation share of venture capital investment’s fund and make a commitment to hold these participation shares for at least three years.

Fact about Turkey

The Republic of Turkey partly in Europe and Asia.

  1. The Capital of Turkey is Ankara.
  2. Turkish is the official language
  3. Islam is the dominant religion in the country.
  4. The currency of the country is the Turkish Lira. (TRY)
  5. According to a 2019 survey, the estimated population of Turkey is 82,989,352.
  6. The total area of the country is 783,356 Km2.
  7. The country’s GDP is expected to be $706,237 Billion.
  8. The prime minister of the country is Recep Tayyip Erdoğan since 2014
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