Turkey Citizenship by Investment
About Turkey
With its unique geographic position, Turkey is a transcontinental country linking both the European and Asian markets. Turkey is culturally and historically rich offering breathtaking ruins, monuments, and landscapes along with a Mediterranean climate.
Although the Turkish citizenship program was recently launched in 2017, it has quickly become one of the most attractive citizenship programs in the world, with investors obtaining a passport within 6 months. Turkey is also a member country of the coveted E-2 Treaty visa giving investors the opportunity to relocate to the US.
Prime Minister:
Recep Tayyip Erdoğan
Government:
Parliamentary democracy
Economy:
Industrial and service sector, as oil and natural gas reserves
Currency:
Turkish Lira (TRY)
Capital City:
Ankara
Population:
Over 81 million
Language:
Turkish
Tax system:
No tax on worldwide income
Members of:
United Nations,G20 & Nato,Candidate for EU membership
Benefits
Increase Your Global Mobility With Visa Free Access to over 110 countries
Turkey grants passport holders visa-free access to over 110 countries including Singapore, Japan, and Hong Kong. While Turkey remains a candidate to join the EU, negotiations are currently stalled. Turkey also holds the E2-Treaty visa with the U.S. By investing in an existing business or investing in a new business, Turkish nationals have the opportunity to relocate to the U.S with their families.
Eligibility
Main applicants proceeding with the citizenship by investment program must be at least 18 years of age and hold a clean criminal record. Applicants are required to provide personal documentation such as passports, national IDs, birth and marriage certificates as well as proof of funds.
IMPORTANT NOTICE: Adult applicants are exempt from Turkish services such as mandatory military services if citizenship is gained through investment. Children under 18 can apply for exemption and pay a fee.
Investment Options
Real Estate
- A minimum of USD $250 000 in real estate (applicants must hold the property for at least 3 years). Applicants can purchase multiple properties to meet the minimum required amount and must be confirmed by the Ministry of Environment and Urbanization
- A minimum of USD $500 000 worth of real estate in an investment fund share (for at least 3 years), confirmed by the Capital Markets Board of Turkey
Capital Transfer
- Invest a minimum of USD $500,000 in one of the following:
- Fixed capital investment confirmed by the Ministry of Industry and Technology
- Fixed deposit in a Turkish bank for a minimum of 3 years, confirmed by the banking regulation
- Government bond for a minimum of 3 years, confirmed by Ministry of Treasury and Finance
*Investors are no longer able to hold foreign currencies and must purchase a minimum of USD $500,000 worth of Turkish Lira before depositing the funds in the fixed capital investment, deposit, or government bond.
Real Estate
- Start a business and employ a minimum of 50 people, approved and confirmed by the Ministry of Family, Labour, and Social Services
Addtional Fees
Process
1. Speak with one of our advisors to determine the best solution for you and your family. We will discuss the various citizenship options along with the process and investment options of each program. We offer tailored solutions to assist and meet your goals.
2. We will conduct our initial due diligence check to ensure that you do not currently hold any criminal charges and are eligible to proceed with the Turkish citizenship program. To process the initial due diligence check, a copy of passports for all applicants over 16 and a copy of proof of address (such as a utility bill) is required.
3. Offshore Circle requires a non-refundable retainer to supply application forms and work on your application file.
4. Offshore Circle will provide a customized and itemized list of requirements to ensure you meet and comply with all requirements set by the Provincial Directorate of Census and Citizenship
5. Offshore Circle will assist in obtaining a tax ID number and Turkish bank account, as required to proceed with the investment. Once obtained the applicant can then proceed with their preferred investment option
Obtain a certificate of conformity from an appropriate government authority (determined by investment option).
6. Apply for residency after the investment has been made (typically a day)
After becoming a legal resident, Offshore Circle will assist if filing the application at the Provincial Directorate of Census and Citizenship
7. The Citizenship Committee will then review your application. The typical timeframe is less than 3-6 months.
8. Upon approval, Offshore Circle will apply for the passport on the client’s behalf and the passport will be couriered to the client´s preferred location.
Speak with one of our Citizenship Advisors
Speak with one of our advisors to determine the best solution for you and your family. We will discuss the various citizenship options along with the process and investment options of each program. We offer tailored solutions to assist and meet your goals.
Initial due diligence check
We will conduct our initial due diligence check to ensure that you do not currently hold any criminal charges and are eligible to proceed with the Turkish citizenship program. To process the initial due diligence check, a copy of passports for all applicants over 16 and a copy of proof of address (such as a utility bill) is required.
Initiate Offshore Circle´s Services
Offshore Circle requires a non-refundable retainer to supply application forms and work on your application file.
Gather Required Documentation
Offshore Circle will provide a customized and itemized list of requirements to ensure you meet and comply with all requirements set by the Provincial Directorate of Census and Citizenship
Investment
Offshore Circle will assist in obtaining a tax ID number and Turkish bank account, as required to proceed with the investment.
Once obtained the applicant can then proceed with their preferred investment option Obtain a certificate of conformity from an appropriate government authority (determined by investment option)
Application submission
Apply for residency after the investment has been made (typically a day).
After becoming a legal resident, Offshore Circle will assist if filing the application at the Provincial Directorate of Census and Citizenship.
Processing Time
The Citizenship Committee will then review your application. The typical timeframe is less than 3-6 months.
Approval
Upon approval, Offshore Circle will apply for the passport on the client’s behalf and the passport will be couriered to the client´s preferred location.
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