Turkey investment program, investment incentives, strong economy, large domestic and regional market, strategic location, skilled and competitive labor force, sectoral opportunities, young and dynamic population, business-friendly policies…
All these reasons and much more besides increase the attention to the Turkish investment program.
The Turkey investment program managed by the Investment Office of the Presidency of the Republic of Turkey, provides the mentioned sectoral benefits, at the same time acquisition Turkish citizenship. The Turkey investment program allows choosing one of the different types of investment and thus improving the country’s economy.
In this article, we will discuss about Turkey investment program and all of informations that you need to know about ways of investment. In order to get detailed information stay with us and keep reading!
How can I invest in Turkey within the Turkey Investment Program?
In the Turkish investment program, there is a short-term and easy procedure is envisaged for foreign investments. The procedure of the Turkey investment program as follows,
First of all, decide on the budget, location, criteria of the investment you want to make. You can find scope of investments determined as per the new regulation in Turkey investment office official website detailed article on this link.
Make your investment of over 250 thousand dollars and make the necessary transactions. At this point, you can get consultancy about Turkey investment program transactions from our expert staff for detailed and necessary domestic legal proceedings.
While our team make the procedural Turkey investment program transections for you, a period of approximately 4 months will be waiting for you. You can get detailed information about the procedure from our article on this link.
At the end of all transactions, you will have received Turkish citizenship as well as your investment.
Can you get Turkish citizenship by investment within the Turkey Investment Program?
The most interesting aspect of the Turkish investment program for foreign investors is the acquisition of Turkish citizenship. You can also acquire Turkish citizenship by investing in Turkey and benefiting from its economic aspects.
Within the scope of the Turkish investment program, Turkish citizenship by investment process requires three steps. You can easily get Turkish citizenship by making transactions. These steps are, obtaining the certificate of conformity from competent authority, making an application to the Immigration Administration for a residence permit and last of all, making an application to Turkish citizenship.
How much do I need to invest in Turkey to get citizenship within the Turkey Investment Program?
The Turkish investment program is regulated by the investment office and other authorized bodies. The relevant legislation envisaged 6 different types of investment in terms of acquiring Turkish citizenship by investment.
Making a fixed capital investment of at least 500,000 USD or equivalent in foreign currency or equivalent Turkish Lira.
Purchasing real estate worth at least 400.000 USD or its equivalent in foreign currency or Turkish Lira provided that an annotation is put in the land registry that it will not be sold for three years, or if the contract drawn up by the notary public that the sale of the real estate is promised, will not be transferred or cancelled for a period of 3 years. With an arrangement made on May 13 2022, the real estate valued at 250 thousand dollars was increased to 400 thousand dollars.
Creating employment for at least 50 people,
Depositing at least 500,000 US Dollars or equivalent foreign currency or equivalent Turkish Lira deposits to banks operating in Turkey provided that they are kept for three years.
Purchasing government debt instruments worth at least 500,000 US Dollars or equivalent in foreign currency or Turkish Lira for three years
A foreign person who fulfills one of the conditions for purchasing an immovable investment fund participation share or venture capital investment fund participation share of at least 500,000 US Dollars or equivalent in foreign currency or equivalent Turkish Lira for at least three years, may apply to the relevant authorities to acquire Turkish citizenship. will be found.
Turkey investment program includes many benefits provided to foreign investors by the Republic of Turkey. In order to benefit from all these and to acquire Turkish citizenship, the investment procedure must be processed.
At that point, it will be beneficial for you to get legal assistance for the procedures for the investment program. You can get detailed information from our team who have been specialized in this field for years on account of our foreign clients.
FAQ ABOUT TURKEY INVESTMENT PROGRAM
1. How Much are Government Fees?
It differs in each type of investment. The amount of investment is also important at this point. Government processing fee, residence permit card fee, notary fees an other fees shall be paid.
2. How long do Turkey investment program transactions take?
The Turkish investment program transactions and the acquisition of citizenship are completed in approximately 4 months, with waiting periods.