Having Turkish citizenship helps you to permanently reside in the country and easily apply for and obtain an E2 business visa to the United States. To get a passport, investors often purchase the real estate for $400,000 or more. The registration process can take place from six to eight months but will benefit you in the long term. In this article, we will give you detailed information regarding Turkish citizenship.
Benefits of Turkish Citizenship
Turkey is well known for its stunning climate and culture. Turkish citizens can travel up to 113 countries without visas. One can have the opportunity to move to the United States with the whole family as per the signed agreement between Turkey and the United States. The E2 visa is a nonimmigrant visa (you cannot get a green card with this). It is valid for only five years and can be renewed afterward for two years. Moreover, the citizen of Turkey automatically enjoys unlimited benefits, including free medical treatment in the country’s available clinics and also study free of cost at universities. Also, there are zero restrictions on the provision of assets and real estate.
Turkish Citizenship by Investment
A foreigner who has not violated the rules and laws of Turkey and has fulfilled all the requirements of the program can avail the Turkish citizenship. If the investor has his own children who also have a source of income, then they have to apply as individuals for this program as they cannot be included in the application process with the investor.
How to get Turkish Citizenship
- Purchase of real estate worth $400,000- one can buy several properties with a total cost of $400,000. Here is the condition, which says there can’t be more than a month’s gap in the transactions. Money can be saved in Turkish banks in any currency accepted by the bank. The average interest rate is 23,5%
- Purchase of national securities, government bonds, and shares worth $ 500,000- with an obligation to preserve assets for three years.
- Capital worth $ 500,000- or at least 50 jobs, if you want to open a business. After three years of obtaining Turkey citizenship, you can sell out the purchased real estate or close your deposit (investment might be profitable also)
Steps of Getting Turkish Citizenship by Investment
- As mentioned, you can buy real estate properties buy securities, or open a bank account, and having the taxpayer number is mandatory.
- All necessary documents need to be collected, including your passport, photographs, payment fee slip, police clearance certificate, and any document that confirms the implementation of the
Conclusion:
Having a Turkish investment Visa is not easy for those who want to live permanently. you have to plan your goals strategically. It gives you long-term benefits as well as travelling to 113 countries without actually having a visa. It also allows you to work, live, and have your own business in any country in the European Union. So, if you are living in the UAE, you can easily apply to get Turkish citizenship by investment Dubai and enjoy the benefits.
