Turkish Residency by Investment
OVERVIEW
The Turkey Residency by Investment Program is a government program that was launched in January 2017 to attract foreign direct investment and boost growth in the country’s real estate sector.
The program allows applicants to choose from a variety of ways to make an economic contribution to Turkish society, thereby contributing to the development of the country’s economy.
INVESTMENT AMOUNT
PROCESSING TIME
DEPENDENTS
INVESTMENT TYPE
Visa-free Travel
Naturalization Time
PROGRAM BENEFITS
PROGRAM CONDITIONS
Asset Holding Period
Legal Conditions of the Transaction
Turkish Application Process
Stage 1
Lawyer conducts due diligence
Sign service contract
Select suitable real estate
Stage 2
Sign power of attorney for lawyers
Open a bank account in Turkey
Prepare and submit residence permit application
Stage 3
Transfer funds and complete real estate transaction
Register property with the Government
Stage 4
Submit naturalization application
Provide biometrics
Receive Certificate of Naturalization and Passport
RELATED PROJECTS
COUNTRY INFORMATION
Turkey is home to 2 of the 7 wonders of the world and was the capital of 3 ancient empires. The capital Ankara is the political center. The city of Istanbul is the economic center - also the only city in the world spanning 2 continents, once the capital of 4 ancient empires, the Roman Empire (330-395); Byzantine Empire (395-1204 and 1261-1453), Latin Empire (1204-1261) and Ottoman Empire (1453-1922).
Turkey is a founding member of the United Nations (1945), OECD (1961), OIC (1969), OSCE (1973), ECO (1985), BSEC (1992), D-8 (1997) and G. -20 (1999). Was a member of the United Nations Security Council in 1951-1952, 1954-1955, 1961 and 2009-2010. Developed diplomatic relations and strategic geographical location are the prerequisites to help Türkiye become a geopolitical power in the region.
The Turkish government focuses on promoting real estate investment from Foreign Investors. Promulgating many preferential policies makes the Turkish real estate market develop rapidly, with an attractive profit rate of 12%/year.
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