Turkish Citizenship Consultancy

Turkey has recently become an attractive destination for foreign investors looking to become Turkish citizens, mainly due to its rapidly growing economy, strategic location, and favorable investment environment.

To encourage foreign investment, the Turkish government has introduced several programs that provide various incentives for those who invest in the country.

Turkish Citizens Programs

The six different programs available to foreign investors looking forward to becoming Turkish citizens:

Investment Program

The Investment Program is one of the most popular programs for foreign investors looking to become Turkish citizens. This program requires a minimum investment of $500,000 in real estate or other investments in Turkey. The investment must be held for at least three years, and the investor must demonstrate that the funds were legally obtained.

The advantages of the Investment Program include:

• Fast-track citizenship: Investors can obtain Turkish citizenship within three to six months of application.
   
• Visa-free travel: Turkish citizens can travel visa-free to 110 countries, including the Schengen Zone, Japan, and South Korea.
   
• Education opportunities: Turkish citizens have access to free public education, and there are also many private schools and universities available.
   
• Healthcare benefits: Turkish citizens have access to a high-quality healthcare system, with both public and private options.
   
• Business opportunities: Turkish citizens can start a business or invest in existing businesses without any restrictions.

Real Estate Investment Program

The Real Estate Investment Program is similar to the Investment Program, but it focuses specifically on real estate investments in Turkey. The program requires a minimum investment of $400,000 in Turkish real estate, which must be held for at least three years.

The advantages of the Real Estate Investment Program include:

• Fast-track citizenship: Investors can obtain Turkish citizenship within three to six months of application.
   
• Residency permit: Investors can obtain a residency permit within one day of application, allowing them to live and work in Turkey while their citizenship application is being processed.
   
• Rental income: Investors can generate rental income from their real estate investment.
   
• Capital appreciation: Turkish property values have been increasing rapidly in recent years, providing an opportunity for investors to earn a return on their investment.
   

Employment Program

The Employment Program is designed for foreign individuals who are employed by a Turkish company. The program requires a minimum annual salary of $96,000 and a work contract of at least three years.

The advantages of the Employment Program include:

• Fast-track citizenship: Employees can obtain Turkish citizenship within three to six months of application.
   
• Permanent residency: Employees can obtain a permanent residency permit, allowing them to live and work in Turkey indefinitely.
   
• Social security benefits: Employees are eligible for Turkish social security benefits, including health insurance and retirement benefits.
   
• Education opportunities: Employees and their families have access to free public education, as well as private schools and universities.
   

Bank Deposit Program

The Bank Deposit Program is designed for individuals who are not interested in investing in real estate or starting a business in Turkey. The program requires a minimum deposit of $500,000 in a Turkish bank account, which must be held for at least three years.

The advantages of the Bank Deposit Program include:

• Fast-track citizenship: Depositors can obtain Turkish citizenship within three to six months of application.
   
• Interest income: Depositors can earn interest on their bank deposit.
   
• No investment risk: Depositors do not need to invest in real estate or a business, reducing their investment risk.
   
• Visa-free travel: Turkish citizens can travel visa-free to 110 countries, including the Schengen Zone, Japan, and South Korea.
   

Capital Investment Program

The Capital Investment Program is designed for individuals who are interested in investing in Turkish companies or securities. The program requires a minimum investment of $500,000 in Turkish capital markets or Turkish companies,which must be held for at least three years.

The advantages of the Capital Investment Program include:

• Fast-track citizenship: Investors can obtain Turkish citizenship within three to six months of application.
   
• Potential for high returns: Investments in Turkish capital markets or companies have the potential for high returns.
   
• Diversification: Investing in Turkish capital markets or companies provides diversification to an investor's portfolio.
   
• Visa-free travel: Turkish citizens can travel visa-free to 110 countries, including the Schengen Zone, Japan, and South Korea.
   

Technology and Innovation Program

The Technology and Innovation Program is designed for individuals who are interested in investing in technology and innovation-based startups or companies in Turkey. The program requires a minimum investment of $500,000 in a Turkish technology or innovation-based company, which must be held for at least three years.

The advantages of the Technology and Innovation Program include:

• Fast-track citizenship: Investors can obtain Turkish citizenship within three to six months of application.
   
• Potential for high returns: Investments in technology and innovation-based startups or companies have the potential for high returns.
   
• Supporting innovation: Investors are supporting the growth and development of technology and innovation in Turkey.
   
• Visa-free travel: Turkish citizens can travel visa-free to 110 countries, including the Schengen Zone, Japan, and South Korea.
   

Advantages of Turkish Citizenship

Now that we have discussed the six different programs available to foreign investors looking to become Turkish citizens, let's discuss the advantages of Turkish citizenship:

1. Strategic location: Turkey is located at the crossroads of Europe and Asia, making it an ideal location for business and trade.

2. Growing economy: Turkey has a rapidly growing economy, with a GDP growth rate of 5.9% in 2021, according to the IMF.

3. Favorable investment environment: The Turkish government has implemented several initiatives to encourage foreign investment, including tax incentives and streamlined bureaucracy.

4. Visa-free travel: Turkish citizens can travel visa-free to 110 countries, including the Schengen Zone, Japan, and South Korea.

5. High-quality healthcare: Turkey has a high-quality healthcare system, with both public and private options available to Turkish citizens.

6. Education opportunities: Turkish citizens have access to free public education, as well as many private schools and universities.

7. Cultural diversity: Turkey has a rich cultural heritage and is home to a diverse population of people from various ethnic and religious backgrounds.

 

In conclusion, becoming a Turkish citizen can provide many advantages for foreign investors, including fast-track citizenship, visa-free travel, access to a growing economy, and high-quality healthcare and education.
 

The Turkish government has implemented several programs to encourage foreign investment, making it an attractive destination for those looking to invest in real estate, start a business, or invest in Turkish companies or capital markets.