Benefits of Turkish Citizenship
1. Visa-free travel.
A Turkish citizen receives visa-free access in 110 countries, including South Korea, Singapore and Japan, where, if only a Russian passport is available, a visa must be issued. By the way, you do not need to refuse a Russian passport – Turkey allows dual citizenship.
2. The ability to get a Schengen C-2 visa for five years.
3. Access to the global financial system and opening bank accounts.
4. Tax incentives for business and the right to conduct business abroad.
5. Possibility of simplified relocation to the USA on a business visa E-2.
The E-2 visa is not immigration and does not directly lead to Green Card, but it allows you to live, work, and do business in America. The applicant's families can also move to the country, and the children of – receive American education.
6. The right to come to the country at any time, even if the borders are closed.
7. Direct air communication with almost the whole world.
8. The mild climate of the Mediterranean and the proximity of the sea.
9. Access to education and to Turkish state medicine.
10. The prospect of obtaining a European passport.
Turkey is on the list of candidates for accession to the European Union. Discussions are also underway to provide Turkish citizens with free entry into the Schengen countries.
eleven. The right to participate in other investment programs.
Among the important advantages is also the fast and understandable application process, the possibility of obtaining citizenship for the whole family and the absence of the need to declare assets and income received in other states.
Terms of obtaining a Turkish passport
1. Purchase of residential or commercial real estate from $ 400,000.
Since June 13, 2022, the Turkish government has raised the value threshold for real estate for obtaining Turkish citizenship for investments. Now you need to purchase one or more real estate for a total of $ 400,000.
This is the most profitable option for capitalizing investment opportunities and the most popular way to participate in the immigration program.
It is possible to purchase several real estate objects, both residential and commercial.
Real estate can be rented for rental payments, and also sold profitably after 3 years. This will not affect the citizenship of its former owner.
In March 2021, the Turkish government adopted a number of amendments to the rules for acquiring real estate by foreign investors to obtain citizenship. A property must participate in a citizenship program through investments not more than once.
For example, if an investor in Turkey acquired real estate, and then after the expiration of the mandatory investment period decided to sell it, then the buyer cannot count on a second passport for the purchase of this property, because he ( the object ) has already participated in the program.
Also, the property should not be sold to the previous owner. It could be a Turkish company or a Turkish citizen. If a foreign investor wants to sell the property to the Turkish developer from whom he acquired it, then the decision to obtain citizenship can be changed.
According to the latest data, the Russians are among the three leaders in the number of housing purchases in Turkey. Favorite places for acquiring real estate remain: Istanbul, Antalya and Ankara.
2. Cash investment in the amount of $ 500000
Another way to obtain Turkish citizenship – investment in the fixed assets of a Turkish company, confirmed by the Ministry of Industry and Technology, or a deposit of at least $ 500,000 in a Turkish bank for a period of 3 years.
In addition, it is possible to purchase government bonds. The minimum investment period is also 3 years.
3. Job Creation
Creation of our own company registered in Turkey, and at least 50 jobs for a period of 3 years. For this step, confirmation of the Turkish Ministry of Labor and Social Security is necessary.