Turkey Citizenship by Investment

But you must then be pretty hands-on to run that business or have someone you can trust run it for you. You also need to maintain the investment for a minimum of three years, which is very short in the CBI world. Historically speaking, real estate in Istanbul doubles its value within 5-10 years.

He has some dictatorial tendencies that have made him more of a friend than a friend of the heads of states in the world. You want a stable government and a stable political situation where you invest. However, when it does become important is when it starts affecting your investments. Immigration Law Firm Turkey You can also apply on the basis of descent and special circumstances, but the process is extremely long and demanding. There is no need to stay or even live in Turkey prior to becoming a resident, but the applicant should attend the interview in person just once.

How long does it take to get a Turkish passport?

The Turkish Ministry of Health brings you to Turkey with 25 ambulance planes suitable for long and uninterrupted flights for such situations. And the Turkish health system, which provides all these services, does not charge any fee from these patients. All these flights and treatments are offered completely free of charge by the Turkish Ministry of Health.

This is how up to half of all applicants receive a Turkish passport. Over the past two years, over 35 thousand people have received Turkish passports in this way. BIFC also demands banks to get passport information, residency and other identity information from people who are not Turkish citizen. As long as you provide these documents, you can open a deposit account from abroad.

Turkish Citizenship Acquisition Process

During the residence permit application, the applicant has to stay in Turkey for an uninterrupted period of three months until they have the permit card. Three years ago, we didn’t think that Turkish citizenship by investment was going to amount to much. They had just launched it in January 2017 and with an entry cost of at least $1 million. After your investment, you can apply for Turkish citizenship – which is granted for life – and a Turkish passport.

If you are under the age of 38 you can renounce your Turkish nationality without having completed your military service or paid the exemption fee, provided that you were previously granted a deferment. If you wish to renounce your Turkish nationality, you can apply to the Turkish embassy. The embassy can also answer any questions you have about deferment or exemption fees for Turkish compulsory military service.

The project is set on 30 acres of land in Mimaroba, Istanbul Büyükçekmece district, 312 Residence residences, 55 Penthouses, 40 Garden and Terrace Duplex. The project located in topkapi, the square meter area is 9000 m2, consist of 3 blocks including 228 aprtments in 1+1 and 2+1 types, and also 14 shops. The apartments are characterized by smart system and 1600 m2 green areas will make you feel so confortable i the centre of istanbul. The project is located in the heart of Istanbul, on the E5 road, 950 meters from Çağlayan Courthouse, right across Perpa Trade Center and Okmeydanı State Hospital. The project offers 919 residences in 9 complexes in Kagytkhane, one of the developing business and residential centers of the European side.