There is no turning back after becoming a Turkish citizen. You have the same rights and laws as other Turkish citizens. You immediately receive your new ID and passport, and this applies to your entire family.
For example, if you’d like to make a deposit at a Turkish bank, you can make it in any of these currencies and hold. If you make an investment in Turkey but don’t live there, you won’t be liable to pay income tax. Do keep in mind that if you sell your property after the mandatory five-year holding period is up, you will be liable to pay VAT. All in all, there aren’t any obvious or practical drawbacks to having Turkish citizenship but do keep in mind that there is risk involved when investing in a developing state like this. In essence, you drop off the paperwork and can fly home with your title deed at hand and expect a passport in the mail in the next 4 months. If you’ve gone the real estate route, you will need to obtain a Certificate of Eligibility for your investment.
Working in Turkey to get a Turkish passport
The Turkish Businessperson Visa program closed at the end of 2020. Yes, in terms of the agreement which is contracted with your bank, you can obtain the benefits such as interest of the deposit or dividend. Update 06 June 2022 on critical Turkish government elections on May 2023 nationalism is on rise. According to the аmеndеd law, the property саnnоt be sold durіng the fіrѕt thrее уеаrѕ of the рurсhаѕе. It is also nоt possible to buy a property from any foreign реrѕоn (non-Turkish).
But you do not have to know Turkish to become a Turkish citizen by investment. We complete all transactions for you with Wiklund’s international expertise and 48 years of founding experience. If he asked you, we will know nothing more than a few signatures you will give from the consulate. We complete all the remaining official procedures for you. All you have to do is go and get your turkish citizenship immigration lawyer ID and passport from the consulate.. Procedures required to acquire Turkish citizenship with the right to choose explained Regulation in Article 34.
INVESTMENT GUIDE
Our project has taken its place in Mecidiyekoy that is one of the business, commercial, and social centers in Istanbul. Residences and offices for sale in the project are waiting for the investors with easy terms. After 3 years from acquiring citizenship investors can re-sell their property.
3 hands before the property should not have been turned into a foreign house )yabancılar(. Turkish passport is one of the top 30 passports in the world. It is easier to enter 77 countries without a visa and to all 26 countries in the Schengen area.
Right to Acquire Turkish Citizenship Through Real Estate Purchase
In simple terms, banks are not obligated to accept the money from any natural person or legal person in Turkiye. As legal merchants banks are free to choose their customers. If it is considered as an illegal entity or as a subject of money laundering or financial crime, it will not be accepted as a legal deposit or participation deposit. There are also international institutions and regulations that obligate the banks for monitoring the money whether it is legal or not. If the attorney or agent has the right to follow the steps for applying process, he/she can demand convenience document.
Our services include preparation, legal help and representation regarding the sale or purchase of a real estate property in Turkey. A minor who has been adopted by a Turkish citizen may acquire Turkish citizenship as of the date of the adoption decision provided that there is no danger to public order and national security. In terms of national security and public order, the Ministry rejects the requests of those with a condition to constitute an obstacle. The procedures for applying for exceptional citizenship and gaining Turkish citizenship shall be carried out by the Ministry of Interior.
We believe that the services offered by us will surely satisfy your needs and wants. So, avail the experience by visiting at Turkish Law Firm WiklundKurucuk. We feel happy to serve you! #Turkishcitizenship #Livinginturkey
— WiklundKurucuk Law Firm (@wiklundkurucuk) April 19, 2021
Turkish citizenship by investmentAll CBI programs are managed by appropriate Citizenship by Investment legislation to ensure investors’ safety. Among all CBI programs, the Turkish Citizenship real estate program is one of the reliable choices for investors. Foreigners who want to acquire Turkish citizenship by marriage, according to Regulation Article 26, can apply to the competent authorities. Thereupon, the authorities arrange the file consisting of the documents listed in the first paragraph of the article on behalf of the applicant. The file prepared here is sent to the provincial police directorate. By the Provincial Police Department, the investigation procedure regulated in Regulation Article 28 is carried out.
To the already collected package of documents, you must add a copy of the residence permit and submit biometric data. During this time, the documents are studied by the Turkish Ministry of Internal Affairs, and the decision on granting citizenship will be signed by the president. You can obtain Turkish citizenship within three to six months. Among foreigners, Turkish citizenship by investment is in demand.