The whole process of preparing documents, applying for Turkish citizenship, selecting an investment method, etc. – will take only up to 6 months. The average time from applying for a passport to the actual obtaining of citizenship is 3-6 months. After selecting and completing your preferred investment option, we will arrange for you to grant power of attorney to our lawyers so that we can start the application for your Turkish citizenship. By far the most popular investment model for the Turkish program is to purchase property with a minimum value of $400,000.

It can be a house, apartment, or land – do whatever makes the most financial sense to you. Turkey has many great fundamentals, including the young population, its location, and its emerging market status, among many other factors that make it a highly interesting country for investors to engage with. What’s more, Turkey brings in an average of $250 million a month from its foreign investors. This equates to a staggering $3 billion in annual receipts.

Minimum Investment by Real Estate

After applicants have chosen the qualifying investment option, a residence permit application shall be made on the family’s behalf. The main applicant is then required to open a bank account in Türkiye. To facilitate the property turkish Immigration Law Firm investment for our Clients, we have set a special real estate department working internally with our firm. We work with financially strong developers only to make sure our clients’ investments will be on the safer side.

Turkey is a member of NATO and the G20 as well as an applicant to join the European Union. A Turkish passport holder will be able to apply for an E-2 Investor visa of the United Stated of America. Turkey has signed a double taxation with most nations in the developed world. In a statement, it said the Australian government remains “deeply concerned” about its citizens in northeast Syria, but added that its ability to operate in the region is “extremely limited” due to security crises. Of the remaining 63, up to 40 are children, some of whom were born to Australian citizens in the region.

Processing time

Not to mention, with the latest citizenship programs, entering Turkey is no more an uphill struggle. And most importantly, the business opportunities an expat has here are just terrific and investing in Turkey is profitable. In Turkey, foreigners’ right of inheritance is protected. In the event of a foreigner’s death, the real estate owned by them shall pass to their inheritors.

For instance, one can travel to Brazil visa-free and stay there for 90 days. Moreover, the real estate will conduct due diligence to confirm whether the plan about the property is permissible according to the local municipality. The specialist will also verify construction licenses issued by the local authorities. Therefore, if you are buying a property in Turkey, the real estate specialist will go to the Land Registry to verify and check the registration number. Furthermore, the information related to leasing and other obligations of the property will be verified. One significant benefit of capital transfer is that you don’t necessarily need to deposit the amount in Turkish currency, Lira.

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