No Comments

Turkish Citizenship by Investment: 7 ways to get it

Turkish citizenship by investment

The 7 main ways of getting the citizenship by investment.

 

In the last decade, Turkey has become very attractive country for those who want to move from their countries. Their reasons could be for security or economics. The Turkish society is a free thinking society and it understands the suffering of other countries.

Turkey has combined two very important things. They are freedom and development similar to European countries, and agreement and respect for the Islamic religion. Only in Turkey you can find more than 84,000 mosques in different states. This is what made Arabs and Muslims in general see Turkey as an excellent destination to enjoy development and freedom. In addition, to preserving their religion.

We also do not forget that people who move there to invest can obtain Turkish citizenship by investment. This is a wonderful thing, as we see that most countries require huge amount of money just to obtain citizenship without any investment or financial benefits for the person. This step has benefited the Turkish economy a lot, as Turkey has become attractive not only to students or refugees, but also to many business people around the world.

The development in the level of university education for foreign students is another factor that makes families feel more comfortable when they decide to move here. The Arabs are the most beneficiaries of the naturalization system due to the difficult conditions of life in most Arab countries, and Iraq tops this list, as Iraqi businessmen are the ones who obtained Turkish citizenship by investment.

In this article and after we mentioned some positive points that made Turkey a haven for many people. We will explain 4 basic ways to obtain Turkish citizenship and 3 other ways, but they are more complicated.

4 Main Ways to Obtain Turkish Citizenship are:

  1. with uninterrupted residence on its lands

  2. by marrying a Turkish citizen.

  3. by a decision of the competent authorities.

  4. citizenship by investment.

These are the heads of pens about the four most important ways to obtain Turkish citizenship. Moreover, the matter in Turkey is easier than most other countries. There are many conditions that determine whether a person can obtain Turkish citizenship or not. Below we will mention each of them separately, clarifying the most important details and conditions.

Obtaining Turkish residency by residing in its lands

There are many conditions for obtaining citizenship in this way, the most important one is that the period of residence of the person wishing to obtain citizenship should be 5 years without interruption, However, the government allows leaving the country for a period not exceeding 360 days in a total of 5 years.

The applicant must prove his intention to obtain Turkish citizenship in several ways, such as trading in it or buying a property. Also, those wishing to obtain citizenship must have the ability to speak the Turkish language sufficiently. The state also requires the applicant to have a legitimate source of income.

He must also submit a medical report proving that he is free of chronic diseases.

Finally, he must have a clean criminal record with the Turkish government. Moreover, he must not be guilty of a criminal, security or political case. If the applicant fulfills all the previous conditions and the government is sure that he does not pose a threat of any kind to the security or economy of the state, he will obtain Turkish citizenship.

Obtaining Turkish Citizenship by Marrying a Turkish Citizen

Based on the text of Article No. 16 of the Turkish Naturalization Law, a foreigner who married a Turkish citizen has the right to apply for Turkish citizenship, but it should be noted that he does not obtain citizenship by just marriage, as there are other things that must be provided. First, the government verifies the real purpose of marriage.

Civil marriage.

Also, the marital relationship must be stable and there is no indication of a divorce in the future, such as having children or living together and also the absence of any issues between spouses.

Finally, the marital relationship should last at least 3 years in a stable manner. It should be mentioned here that the government will ensure that the person wishing to obtain Turkish citizenship does not pose any threat to security or public laws and norms.

Obtaining Turkish Citizenship by a Decision of the Competent Authorities

Article 12 of the Naturalization Law gives the competent authorities the right to give Turkish citizenship to certain groups, this method differs from the others method of obtaining Turkish citizenship.

The authorities have the right to give citizenship to foreigners who are expected to benefit the country in various fields such as technology, art, sports, economy, if it is proven that a person has the ability to add something or provide services with his special abilities, he may be given Turkish citizenship. Also, sometimes the state gives citizenship to foreigners who have been subjected to injustice or crime in Turkish territory. Furthermore, as in all other ways the government first ensures that the person is not in any way considered a threat to public security.

Obtaining Turkish Citizenship by Investment

This method is the most common among Arab businessmen, as it provides them with easy and various opportunities to benefit from strong trade in Turkey, not only from the financial side, but also by obtaining Turkish citizenship by investment, while we see many other countries that do not allow the foreigner the right to own property, Turkey does the opposite.

As it supports and provides many facilities for businessmen to invest in it. There are 6 different ways to obtain citizenship by investing. First, by buying a property of $250,000 or more. You can not sell this property before 3 years from the date of purchase.

Second, investing in a project in Turkey with a capital of at least 500,000 dollars.

Thirdly, bank deposits for at least three years and with a value of at least 500,000 dollars. This deposit must be in one of the Turkish banks.

Establishing a commercial or industrial investment business in any of the sectors. The investment should accommodate at least 50 Turkish citizens must be employed. No specific capital is required for the project. Buying a stake in a real estate investment fund worth at least $500,000.

Anyone who fulfills one of the previous conditions can apply for Turkish citizenship. The government will first make sure that it does not pose a threat to public security or the economy.

After explaining the four basic ways to obtain Turkish citizenship, we now move to explain 3 other ways, but they are more complicated, it is also not available to everyone.

Obtaining citizenship through Ottoman or Turkish root.

Anyone can apply for Turkish citizenship if he can prove that he has Ottoman or Turkish origins, whether from the father or the mother.

Obtaining Turkish citizenship through adoption.

You can use the adoption system as an option for citizenship in Turkey to the contrary to other Arab and Islamic countries . The adopted person obtains Turkish citizenship immediately but he must be younger than 18 years.

Re-acquire Turkish citizenship.

This is limited to those who have previously renounced their citizenship. Also, for those whose parents renounced it before they turned 18 years old.

Briefly, Turkey is a safe haven for many people from different Arab and African countries. The government facilities and the attractive economic situation made many people want to live there. In addition, the ease of obtaining Turkish citizenship to enjoy full rights.

We mentioned 7 different ways to obtain Turkish citizenship, which are less complicated from the rest of the countries.

The cultural and economic development in Turkey, in addition to its adherence to the Islamic religion, made it more attractive to Muslims, as the market of merchants in it is one of the best markets around the world, which attracted businessmen to it. We must not forget that Turkey may join the European Union countries at any time, which makes obtaining Turkish citizenship very useful, as the citizens of the European Union enjoy many advantages Including freedom and ease of movement between the countries of the European Union.

Indicators also indicate that Turkey is on its way to becoming one of the most powerful countries economically and politically in the next ten years. Another important factor is the cost of living in Turkey. Compared to other countries, Turkey is a great place to live at a low to medium cost. As the minimum wage is 2825 liras, which is approximately 300 dollars.

Finally, Turkey is one of the most prominent countries that receives and welcomes foreigners. It also offers many facilities in government transactions. It also supports in obtaining citizenship by investment or through residency for a certain period. We have mentioned ways and methods in details above. Contact Us Today for more information!

No Comments

Real estate in Istanbul

villas for sale in turkey istanbul

Owning a home or villa is the main goal for many people. Especially, for those who are looking for the best real estate in Istanbul. Financial ability is the first obstacle to achieving this goal, but do not forget that there are many other things.

In this article, we will mention how you can find the best villas for sale in Istanbul. Regardless of whether you are looking for a house, villa or even a small residence.

Introduction

Turkey, especially Istanbul, has become very attractive to businessmen as due to the large number of labor and the low general cost of construction in Turkey. These things make investing in real estate  very profitable. Due to the strength of competition between real estate companies, the number of buildings and their quality raise .

luxury residential

House sales to foreigners increase in Turkey | Let's go Alanya

We see a lot of luxury residential towers in most areas of Istanbul. In addition, the Turkish government greatly supports such projects and always aims to attract businessmen to it. With the passage of time, the opportunity to get villas for sale in Istanbul becomes easier due to the increase in the number of real estate companies investing there. Even though, this rise may make it more difficult for the customer to choose the best available option. We should not forget the possibility of Turkey joining the European Union. This was a quick look at the development taking place in Turkey. In order to reach the best possible option for a person who want to buy a villa, we must ask three questions, (why, how and where).

Why should I look for villas in Istanbul?

villas in istanbul

Istanbul is one of the most prominent cities around the world. The great diversity found in Istanbul, as it combines the wonderful nature. Moreover, the old history and the development make Istanbul one of the destinations for tourists around the world.

 

 

 

Economically  

Turkish lira dips to near record low on rate cut, US concerns | Business and Economy News | Al Jazeera

Another thing is the economic development taking place here. You should consider the economic situation of the state and the city in particular where you wish to live. Also, all indicators point to a greater renaissance and development in the future increases the possibility of Turkey to join the European Union.

 

Turkish Citizenship

English) Сitizenship and residence permit – Platinum Homes

Obtaining Turkish Citizenship by Investment is another reason to search for a villa in Istanbul. For example, if a person invests a certain amount in buying a property, he is entitled to obtain Turkish citizenship. While we see that some countries prevent foreigners residing on their lands from owning property. Turkey encourages them to Ownership and investment in general. Istanbul is also one of the most welcoming cities for foreigners, whether as tourists or as residents. This brings comfort to the residents here. Also, you can invest in it by renting it, which is very common in Istanbul.

How to find the best villas for sale in Istanbul?

First

You should look for a real estate agent, as it will make it much easier. You must carefully choose the neighborhood that suits you. For instance, the difference lies in the region or in the way of thoughts of the people living there. In Istanbul the customs and traditions may differ in different neighborhoods.

Secondly

You must follow up on the legal aspect of the matter with a specialized lawyer, as there are many required papers and contracts that you must be aware of. Of course, you can do all this without the need for a lawyer, but this may make it more difficult and may increase the risks as well. And since we are in the age of technology, there are many sites where you can search for villas for sale in Istanbul. Be aware of the prices of villas in general in the city so that you can compare prices and choose the most suitable for you.

Where to find the best villa in Istanbul?

 

In addition to the diversity of ideas and beliefs, Istanbul also differs in the diversity of its regions clearly. Because of its large size and large number of residents, the difference between some neighborhoods in Istanbul is similar to the difference between cities in other countries. As we know, Istanbul has two sides, the Asian side and the European one. In terms of value Beşiktaş region is the most expensive one and Beykoz come in the second place. But if you really want to know villas for sale in Istanbul, the price is not everything. You should pay more attention to the following matters.

firstly

Safety, as in the last 5 years the idea of residential complexes has spread widely, which is clearly more secure.

Secondly

you should look at the services available in the area, as they can make your life there easier.
Transportation is also an important point, as you may need to use public transportation at some time, especially here in Istanbul, where driving cars is difficult because of the heavy traffic. And also, as we mentioned earlier, the neighbors, where it is better to get to know them before completing the purchase process, because it will be very annoying to live next to people you do not trust and do not respect others. It should also be considered how close the area is to the city center, as the price rises the closer you get, so you must choose an area that matches your financial capabilities.

Thirdly 

Make sure that all previous home bills have been paid. Inquire about how old the building is and check that it contains an earthquake resistance system, as Istanbul is under the threat of earthquakes.

Briefly

The search for villas for sale in Istanbul has become much easier than before, but choosing the right villa has become very difficult, due to the large number of choices and the varying prices. Real estate in Turkey is constantly growing, and getting a villa at this time is a great choice because of its future benefits, as we discussed previously. Perhaps the most prominent of these benefits for foreigners is to obtain Turkish citizenship. We explained the steps and things that you must know in order to make the best choice, and we should mention that investing in real estate is often very successful and profitable and the risks are less, especially in Turkey because this field receives strong support from the government for real estate in Istanbul.