You need to invest somewhere if you want to start a unique company or want to do your entrepreneurship so, and now, your canoe to the right place to think about your idea. Anyway, be with us and follow this message, then by legally buying a property in Turkey, you will be recognized for investment and you will be the citizenship of Turkey. So, how can we become Turkish citizenship by real estate investment? At the end of 2016 and beyond, Turkey unveiled its Turkish Investment Citizenship Scheme. Several laws surrounding the transfer of foreigners to Turkish citizenship have changed. Turkish citizenship will be granted directly to foreigners who purchase real estate in Turkey for at least USD 250,000 and undertake to purchase property worth USD 250,000 from a notary. Initially, the rising amount of real estate investment was set at $1 million but was significantly reduced in September 2018. Turkey also holds out the prospect of free entry to the EU for a future visa. Negotiations are underway at present, but Turkey has some way to go to satisfy the terms of the EU. A Turkish passport permits visa-free travel (or visa-free travel on arrival) to 125 countries. Some strong global ties are held by Turkey.
They have an E-2 Visa arrangement with the United States, which means that Turkish citizens can apply for US residency through the E-2 Visa program, but also the convenience it offers during the citizenship process makes it even more enticing to become a citizen through real estate. Here are all the specifics you need to know about obtaining citizenship rights through a real estate investment in Turkey:
Real estate investment fund/venture capital investment fund = $500.000: Buying a real estate investment fund share or a venture capital investment fund share of at least US$500,000 or equivalent foreign currency or Turkish lira with the condition that they will not be sold for at least three years
Attested by the Capital Markets Board of Turkey: A house and land bundle in this fund fit your budget and lifestyle. 2 real Estate Investment =$250.000.
Joint owned property application: buying multiple properties is possible.
Acquiring a property worth a minimum of 250,000 USD: (1 million USD) or equivalent foreign currency or Turkish lira with a resale limit for a term of at least three years in respect of the title deed (attested by the Ministry of Environment and Urbanization).
Real estate valuation report: Bank receipts and the title deed value must each separately surpass the required investment number. The USD value of the asset is determined based on the Turkish Central Bank’s effective exchange rate at the date of the transaction.
For the real estate(s) purchased between the dates 12.01.2017 and 18.09.2018, the real estate must be worth at least $1.000.000 and above.
It is not possible to apply for citizenship With property(s) acquired before the date of 12.01.2017 and the property(s) protected by the selling promise agreement before the date of 07.12.2018 Requirements of Turkey Citizenship-by-Investment.
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