Citizenship Through Investment in Turkey - Turkey Golden Visa

The Turkish citizenship by investment program (also known as the Turkey Golden Visa) was introduced in 2016. It permits international investors to get a Turkish passport in three to six months.

The smallest investment choice is to buy real estate worth at least $250,000. Other choices include purchasing government bonds or creating a business that will employ Turkish people. You must hold your investment for at least three years.

Turkey’s Citizenship by Investment

The following are the options for gaining Turkish citizenship by investment:

Purchase at least $250,000 in real estate.
Purchase at least $500,000 in government bonds and keep them for at least three years.
Create a business that will employ at least 50 people.
Make a minimum capital investment of $500,000.

Make a deposit of at least $500,000 in a Turkish bank and hold it for at least three years.

Invest at least $500,000 for at least three years in a real estate investment fund or venture capital investment fund share.

The Benefits of Investing in Turkey Visa

Turkish passport in three months. You can apply for Turkish citizenship as soon as you have made your deposit. Within three to six months, you’ll get a Turkish passport.
Immediate permanent residency and Turkish citizenship. You will obtain a permanent residency card as soon as you apply for a Turkish Investment Visa, allowing you to dwell in Turkey and begin your investment.
The path of obtaining a US E2 Investment Visa. As a Turkish citizen, you can apply for the US E2 Investment Visa, which permits you to live, invest, and work in the United States.

Opportunities for business in EEC (European Economic Community) nations. You can use the Ankara Agreement as a Turkish citizen, which permits Turkish nationals to work, create a business, and permanently relocate to an EEC country. While a visa is necessary, the application procedure is simpler than in other nations.
A route to the Turkish Businessperson visa in the United Kingdom. Once you hold a Turkish passport, you may take advantage of a streamlined process to establish a UK business and gain British permanent residency.
Visa-free travel to more than 110 countries. You may travel to over 110 countries without a visa as a Turkish citizen, including Mexico, Japan, South Korea, and Hong Kong. The possibility of allowing Turkish nationals Schengen visa liberalization is also being considered.

Requirements for Residency

To gain Turkish citizenship as an investor, there are no residence requirements. This implies that you may get a Turkish passport six months after making an investment without ever having lived in Turkey.

You may also employ professionals to handle your investment, visa application, and citizenship procedure, such as the consultants and legal specialists at La Vida – Golden Visas. As a result, you are not required to be in Turkey for your investment or visa application if you do not choose to be.

You may, however, need to enter Turkey to supervise your investment. For example, if you are buying real estate, you will need to inspect the property or evaluate several possibilities.

Who is Eligible to Apply for a Turkey Investment Visa?

You can apply for a Turkey Investment Visa if you meet the following requirements:

You’re an adult now.
No criminal record.
You have never stayed illegally in Turkey.
Finished your investment’s due diligence.
Lawfully acquired your cash.

How to Apply for a Turkey Investment Visa? 

1. Gather the documents required for the application. These include: 

• A valid passport 
• Proof of funds 
• A business plan 
• Health insurance 
• A criminal record check 
• A bank statement 

2. Submit the application and required documents to the Turkish Consulate in your home country. 
3. The consulate will evaluate your application and decide if you are eligible for the visa. 
4. Once approved, you will be issued a visa that allows you to stay in Turkey for a period of one year. 
5. Upon arrival in Turkey, you must register with the local police station and obtain a residence permit. 
6. After obtaining the residence permit, you must start investing in Turkey. 
7. After one year, you can apply for a permanent residence permit if you have invested in Turkey. 
8. After five years, you can apply for Turkish citizenship if you have fulfilled all the investment criteria.
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Where Can I Get a Turkey Investor Visa Eligibility Certificate?

You must apply to the following institutions (depending on the type of your investment) to receive a Certificate of Eligibility for investing in Turkey:

Turkish Land Registry and Cadaster of the Ministry of Environment and Urbanization for real estate investment.For capital investment – Turkish Ministry of Industry and Technology Incentive Application and Foreign Capital.For a deposit into a Turkish bank account, contact the Banking Regulation and Supervision Agency’s Department of Financial Consumer Relations.

Turkish Ministry of Treasury and Finance for government bond investments.
For acquiring real estate investment fund shares or venture capital investment fund shares, contact the Capital Markets Board of Turkey’s Department of Brokerage Activities.
General Directorate of International Labor of the Ministry of Family, Labor, and Social Services for creating a firm that would employ at least 50 people.