When you’re seeking for ways to get citizenship in another nation, you’ll discover that Turkey has a fantastic choice for you to explore. This is because Turkey is enticing investors to invest by providing them Turkish citizenship in exchange for their money. In reality, if you were born in Turkey, you will be eligible to obtain Turkish citizenship and a Turkish passport. This may appear to be too wonderful to be true. That’s when you’ll need to find out why Turkey is granting citizenship to foreign investors. Continue reading this post and we will share how to get Turkish citizenship
What exactly is the Turkish citizenship-by-investment program?
Turkey is a country that is attempting to recruit foreign investors in order to secure its economic prosperity. Turkey has launched a new initiative to provide individuals with investment possibilities in order to make the country a more appealing investment destination. You will be able to gain citizenship by investing at least $250,000 in Turkey. This is a genuine offer, and you shouldn’t have any reservations about proceeding. You will also fall in love with all of the wonderful advantages it provides.
There are a variety of options open to consider while looking for a way on how to get Turkish citizenship. Here are few.
- Turkish property investment
Purchasing a home worth more than $250,000 in the Turkish real estate market. You will have the option of purchasing either a home or commercial property. On the other side, you will have complete control over the property that you purchase. You could, for example, buy a property and rent it out. You can sell it after three years if you hold it for three years.
- Making a deposit at a Turkish bank
If you have $500,000 in cash, you may put it in a Turkish bank account and apply for citizenship in Turkey. This is another tempting option for investors who want to obtain a Turkish passport. Because the Turkish banks will provide you a lucrative interest rate on your deposit, you will be able to save money. That will only be required for a period of three years.
Entrepreneurs that find commercial possibilities in Turkey will be able to set up shop there as well. You must, however, ensure that your company can create new work possibilities for at least 50 Turkish employees. After that, you will be granted Turkish citizenship.
Despite the fact that these are the three most common procedures for obtaining Turkish citizenship, you should be aware that there are a few more choices to explore. You might, for example, invest in a fixed asset in a business that is listed by the Ministry of Industry and Technology. On the other hand, you may consider investing in government bonds for a three-year term. Then you’ll be able to get a return on your investment.