ECONOMIC CITIZENSHIP PROGRAM TURKEY (over Article 11)
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New regulations through the Ministry of Foreign Affairs
With the decision published on 19.09.2018 on the Turkish Official Gazette, some regulations regarding the transition of foreigners to Turkish citizenship changed.
Turkish Official Gazette published on Wednesday the decision to amend the executive regulations on the application of the Nationality Law, in several ways. The amendment's decision included conditions for which any person who fulfills any of them will be entitled to apply for Turkish citizenship. The conditions are as follows:Buying a property worth 400 thousand US dollars at least instead of one million dollars in the previous decision and not sell it for three years.
Fixed investment of not less than 500 thousand US dollars. Providing job opportunities for at least 50 Turkish citizens instead of 100 citizens.
Reducing the deposit requirement in Turkish banks from 3 million US dollars to 500 thousand US dollars.
Information on the previous law to grant real estate citizenship
The Turkish government announced last year a law that allows foreign investors to apply for Turkish citizenship with different terms.
The law granting Turkish citizenship to foreign investors in return for buying a property in Turkey was issued last year and was published in the Official Gazette on 12 January 2017.
Turkey relies heavily on the real estate sector as one of the most important pillars of economic growth, which is linked to dozens of sectors directly or indirectly, and the government supports this sector to the maximum extent possible.
Turkey encourages investment in the real estate sector and offers many advantages and facilities to those who invest or buy real estate in Turkey after the property market has experienced considerable growth, especially following the change in the Foreign Ownership Act of 2012, which allowed foreigners to own property.
The law issued in this regard, which gives the right to obtain Turkish citizenship in return for buying a property is the most important advantages that show the great importance attached by Turkey to the real estate sector.
With the Turkey Passport you can travel visa freely to 110 countries! Inclusive to Russia, Singapore and Malaysia.
Why do you we share this with you ?
Turkey is not an EU candidate country. It will probably never come to EU membership, the same as with Moldova.
Furthermore, several countries have problems with nationalities such as Iran, Iraq, Yemen, Afghanistan and others, which are not accepted. Turkey, Montenegro, Macedonia, Serbia are for example are open to these nationalities.
Turkey offers the investment in Real Estates, in Moldova it is a donation, almost at the same level. However, with Moldova Passport visa you can freely travel to all Schengen countries. This does not work with the Turkish passport!
You might buy several properties which have total value more than 400.000 USD. You need to apply at the same time for all. Tapu office accepts citizenship applications if the declared values are above 400.000 USD.
The ministry verifies if the value declared on Title Deed correct and above 400.000 USD with sworn appraisers. All the property value should be paid by bank transfer to the Property Sellers.
It takes time between 3 months. In processing time Residence permit is granted to you and your family. Government is eager to reduce time. Turkish laws allow dual or multiple citizenships. the citizenship approval is contingent upon verification from archive records of national security units that the applicant poses no threat to national security
You can apply over GCI UNIT Turkey
Our Advisor and Lawyer Fee is including translation and Passport Fee 15.000 USD.
Main Steps for Turkish Citizenship by Investment
1. Open a Bank Account: An account should be opened in a Turkish bank in the name of the investor.
2. Make an Investment: Carry out the necessary investment transactions such as property title deed transfer, cash deposit, government bond/share purchase etc.
3. Residence Permit Application: Applicants are required to hold a valid residence permit at the time of citizenship application. Nevertheless, permit holders can continue to live abroad as long as they wish.
4. Turkish Citizenship Application: After obtaining your residence permit, you can apply for Turkish citizenship immediately. A physical presence or interview is not required during the application process.
Benefits of Turkish Citizenship
• Your wife / husband and children under 18 years old can acquire citizenship together with you at the same time.
• When you apply for citizenship, you are not required to declare your assets or income that you currently have in other countries.
• You do not have to have lived continuously in Turkey for a certain period to become eligible for citizenship. You can continue to live abroad and apply for citizenship as soon as you get the residence permit.
• You can travel to many countries without the need to follow a cumbersome visa application process.
• Many of these countries allow Turkish citizens to stay 30 to 90 days without any visa requirement and also some countries grant visas upon arrival or issue electronic visas upon online application.
• The Visa Liberalization Dialogue, the aim of which is to grant Turkish citizens visa-free travel right to Schengen countries, between Turkey and the EU, was launched in 2013. Once achieved, further 26 European
countries will be added to the list of 102 countries where Turkish citizens can already travel freely.
Required Documents
• Nomination Form
• Advisor and Investment Contract between GCI UNIT and main applicant
• 4 Passport photo of white background (40mmx50mm in jpg.),
• CV. personal Profile from all Person over age 18 years,
• valid passport;
• birth certificates;
• marriage certificate, birth certificates for children, if applicable;
• application tax payment receipt;
• the document, showing completion of investment.
• reference/Academic certification
• Residence permit or valid Touristic Visa on your passport
Spouse
• Nomination Form
• 4 Passport photo of white background (40mmx50mm in jpg.),
• CV. personal Profile from all Person over age 18 years,
• valid passport;
• birth certificates;
• marriage certificate, birth certificates for children, if applicable;
• application tax payment receipt;
• the document, showing completion of investment.
• reference/Academic certification
• Residence permit or valid Touristic Visa on your passport
Our Services
The above fee includes all of the following services:
• Advice and assistance during the initial residence application
• Assistance in the search for adequate housing
• Initial pre-immigration tax advice
• Direct access to the various authorities
• Assistance with opening bank accounts in Turkey
• Liaison with all local and government authorities
• Submission of the application to the relevant government authorities
• Advice and assistance regarding local accommodation and related formalities
• Assistance with the registration in the municipality
• Advice and assistance during all renewals of the temporary residence permit
• Assistance with obtaining a permanent residence permit
• Advice and assistance with the citizenship application
• Follow-up of the citizenship application
• Assistance with the passport application
offers citizenship through investment in Real Estates!
Is not an EU candidate and will never become a full EU member, like Moldova!
visa freely to 110 countries! Inclusive to Russia, Singapore and Malaysia.
No nationality restriction Also Muslim state!
Better economic than Moldova, and far more beautiful landscape as well as sea.
Processing time for Citizenship 30-60 days
