The process of getting a Turkish passport by investment is a great way to get a second passport and enjoy its benefits. The Turkish government offers citizenship and passport in exchange for investments. This guide will help you understand the process of obtaining a Turkish passport by property investment by providing all the necessary information you need, as well as the conditions of getting a Turkey passport through investment.
Turkish passport have been able to reach the first ranks in recent years to compete with other European passports, and foreigners from all over the world can obtain a Turkish passport by investment in Turkey.
The Process of Obtaining Turkish Passport by Investment
It is known that a Turkey passport through investment can give foreigners the right of permanent residence in the country, enjoy all the rights of a Turkish citizen, and even the ability to apply for a work visa (E-2) to the United States using a Turkish passport by investment.
Conditions for Obtaining a Turkish Passport through Investment
According to the latest amendment to the Turkish law, foreigners can obtain a Turkish passport through investment by buying a property in Turkey with an amount of 400 thousand dollars or more.
It is also possible to obtain a Turkey passport through investment with a minimum of 500 thousand dollars in a company or in a Turkish bank.
How Turkey’s Economic Development is an Encouraging Factor for Obtaining a Turkey Passport by Investment?
The Turkish economy is in a better state than ever before, which means that more opportunities are available for people who want to invest in Turkey.
The country is also becoming increasingly familiar with international standards and regulations, which makes it easier to obtain a Turkish passport by investment.
Since the new amendments for Turkish passport by investment law, thousands of foreigners from all over the world have acquired Turkish citizenship and a Turkey passport through investment.
4 Ways to Obtain a Turkish Passport by Investment
The Turkish government has implemented a new citizenship by investment program that allows foreigners with sufficient funds to get a Turkish passport by investment. The program was designed to attract foreign investors and create an economic boom in the country.
The main applicant may include the spouse and children under the age of 18 in the application of getting a Turkey passport through investment.
Turkish Passport through Investment Via Bank Deposit
One of the ways to obtain a Turkish passport by investment is by depositing $500,000 in a Turkish bank or by purchasing any kind of government loan worth $500,000.
But you must commit to holding the amount of investment for at least 3 years. And after obtaining citizenship, you can apply for a Turkish passport by investment directly.
You can also buy shares of investment funds for $500,000 that specialized in real estate with a commitment to be held for a period of three years.
Turkish Passport by Investment in a Company
The second way to obtain a Turkish passport through investment is by opening a company with a capital of at least $500,000.
All investments in Turkish citizenship are returnable after three years of obtaining citizenship, but in most cases, you will not have to, because investment in Turkey is often profitable.
Turkish Passport by Investment through Employing 50 Turks
Among the ways to obtain a Turkey passport through investment is to start your own project and employ 50 Turks in order to obtain a Turkey investment passport directly.
Read more: The Best Guide to Beyoglu Istanbul Turkey
Turkish Passport by Property Investment
According to the latest amendment to the Turkish law, you can buy a property worth 400 thousand dollars and then obtain a Turkish passport by property investment.
Getting a Turkish passport by property investment is the safest way among all the ways to obtain a Turkey investment passport, and rather this is the easiest and most popular investment way.
You can buy any type of property to get a Turkey investment passport, and it is not necessary to buy one property, you can buy several apartments with a total cost of more than 400,000 dollars.
Read more: The Best Reasons to Buy a Property in Turkey
Conditions for Obtaining a Turkish Passport by Property Investment
In order to obtain a Turkish passport by property investment, you must meet the following conditions:
- The law of obtaining a Turkish passport by property investment was amended in April 2022 to become $400,000.
- Regular registration of the property in the Tapu Department, whether this property is ready or under construction.
- The value of the property must be 400 thousand dollars in the equivalent of Turkish currency according to the exchange rate approved by the Central Bank of Turkey.
- The property must be purchased from a Turkish person or a Turkish construction company.
- A real estate appraisal report approved by the Turkish government.
- A commitment to not sell the property before 3 years.
Reasons to Obtain a Turkish Passport by Investment and How It Can Help You in The Future
If you are looking for a new passport and want one that will help you out in the future, then consider acquiring a Turkish passport through investment. Here are some reasons why you should get one:
- Turkey is home to many historical sites and museums that will be worth visiting as well as learning about their history. You can also learn about their culture by joining tours of Istanbul or traveling around Turkey’s diverse regions.
- If you have family members living in Turkey, you can easily travel back and forth between your home countries using your Turkish passport by investment.
- There are many business opportunities in Turkey that can be of benefit to you as well as being a great career move.
- Visa-free access to more than 100 countries in the world or with a visa-upon-arrival.
- You will also have visa-free access to EU countries, and this means that you will not need a visa to travel there to do business or see family.
- Free access to Schengen countries.
- Turkish citizenship by investment program allows the dual citizenship option.
Rights & Duties of a Turkish Citizen After Obtaining a Turkish Passport by Investment
After getting a Turkey investment passport, foreign citizens can enjoy the rest of the rights that every Turkish citizen enjoys, and all the duties of Turks apply to them at the same time.
Here are the main rights of foreigners after getting a Turkey investment passport and becoming Turkish citizens:
The Right to Reside in Turkey
After obtaining a Turkish passport by investment, Turkish citizens have the right to reside, move freely and live in Turkey, in addition to their full right to benefit from all the basic services provided by the state, such as health care and others.
The Right to Education
Turkish law provides the right to free education for any Turkish citizen holding a Turkish ID. At the intermediate, undergraduate and postgraduate levels, the Turkish government provides its services to Turkish citizens at cheap prices with many scholarships.
The Right to Health
Turkish citizens are entitled to get health care, as Turkish government hospitals and primary care centers cover all cities and residential neighborhoods in Turkey.
The Right to Vote for Election
Under Turkish law, all Turkish citizens over the age of 18 have the right to stand for election or vote in any civil, local, presidential or parliamentary elections.
The Right to Apply for All Government Jobs
After getting a Turkish passport by investment, you will have the right to apply for all government jobs, whether inside or outside the country, according to their specialization, field of study and the stipulated conditions.
The Duties of Turkish Citizens
After getting to know the rights of the Turkish citizen, you must know that Turkish citizens have duties, the most important of which are the following:
- Maintain public security.
- Respect the rights and duties of others.
- Homeland defense.
- Pay taxes and insurance fees.
- Preservation of public places.
Get a Turkey Passport by Investment Property
Turkey is a prime destination for people looking to invest in real estate. It has been one of the top investment destinations for the last few years and is expected to remain so.
Here are some projects that entitle you to get a Turkish passport by property investment:
It was built on a land area of 82,000 square meters, and consists of a hotel, residential buildings, offices and shopping centers.
For more details about getting a Turkey passport by investment property through the Piyalepasa Project, click here.
The project is located on the European side of Istanbul in Basaksehir area, and it consists of one tower with 15 floors and a total number of 178 apartments.
For more details about getting a Turkey passport by investment property through Residence Inn Deluxia Project, click here.
For more details about getting a Turkey passport by investment property through the Tual Comfort Project, click here.
If you are interested in obtaining a Turkish passport through investment or perhaps obtaining a Turkey passport by investment property, get in touch with us now to help you from the first step to the delivery of your second passport.
FAQs about Turkish Passport by Investment
How to get a Turkish passport by investment?
There are several ways to get Turkish passport by investment, including:
Buying a property for 400 thousand dollars
Establishing a company for 500 thousand dollars
Providing job opportunities for 50 Turkish citizens
Bank deposit of 500 thousand dollars
How to get a Turkish passport by buying a house?
In order to get a Turkish passport by property investment, you should buy a house for $400,000.
How to get a Turkish passport?
You can get Turkish passport by investment in a property worth 400,000, or a bank deposit of $500,000, or by establishing a company for $500,000, or by marriage.
How to get a Turkish passport by marriage?
In order to get a Turkish passport by marriage, you should marry a Turkish citizen and live together for 3 years.
How much should I invest in Turkey and get the passport?
In order to get a Turkey passport by investment, you should invest $400,000 in real estate, $500,000 in a bank deposit, or $500,000 in establishing a company
How long does it take to get a visa to Europe with a Turkish passport?
It takes two weeks to get a visa to Europe with a Turkish passport; for some nationalities, this time period may extend to one or two months.
How to get a Turkish passport for a Pakistani?
Pakistani citizens can get a Turkish passport by any type of investment, real estate, companies, or bank deposit.
How can I get a Turkish passport?
You can get a Turkish passport by several ways, including real estate, establishing a company, bank deposit, or by marriage.
How long does it take to get a Turkish passport by investment?
It takes from three to six months to get a Turkish passport by investment.
How to apply for a Turkish passport by investment?
In order to apply for Turkish passport by investment, you should fulfill one of the investment requirements:
1- Invest $400,000 in real estate.
2- Deposit at least $500,000 in a Turkish bank.
3- Invest a minimum of $500,000 in establishing a company.
How to get a Turkish passport by investment for foreigners?
Foreigners can get a Turkish passport by fulfilling one of the investment requirements, whether in real estate, or in a bank deposit, or a fixed capital contribution.
Can I buy a Turkish passport?
A Turkish passport is not a good to be bought, it is an advantage that you can obtain after buying a house for $400,000.
Do you know what the benefits of buying a property in Istanbul? Contact me to find out why!