Turkey Citizenship by Investment

Turkey Citizenship by Investment

Turkey Citizenship by Investment (CBI) is a program that allows individuals to obtain Turkish citizenship by making a significant investment in the country. The program was introduced in 2017 and has become increasingly popular among foreign investors seeking to gain citizenship in Turkey.

Here’s a breakdown of the Turkey Citizenship by Investment program:

Investment Options:

There are several investment options available for obtaining Turkish citizenship through the CBI program, including:

1. Real Estate Investment: An investment of at least $250,000 in Turkish real estate.
2. Capital Investment: An investment of at least $500,000 in a Turkish company or venture capital fund.
3. Government Bond Investment: An investment of at least $500,000 in government bonds or treasury bills for a minimum of three years.
4. Bank Deposit: A deposit of at least $500,000 in a Turkish bank for a minimum of three years.

Requirements:

To be eligible for Turkey Citizenship by Investment, applicants must meet the following requirements:

1. Be at least 18 years old.
2. Have no criminal record.
3. Be in good health.
4. Invest the minimum required amount in one of the investment options mentioned above.
5. Maintain the investment for a minimum of three years.

Benefits:

Obtaining Turkish citizenship through the CBI program provides several benefits, including:

1. Visa-free travel: Turkish citizens can travel visa-free or obtain a visa on arrival to over 100 countries, including Japan, South Korea, and Singapore.
2. Access to healthcare: Turkish citizens have access to high-quality healthcare services at affordable prices.
3. Tax benefits: Turkish citizens are exempt from taxes on foreign income and assets.
4. Education benefits: Turkish citizens have access to free education at public schools and universities.
5. Citizenship for the family: The CBI program allows for the inclusion of family members, including spouse and children under the age of 18.

Application Process:

The application process for Turkey Citizenship by Investment is straightforward and typically takes between three to six months. Here are the general steps:

1. Choose an investment option and make the required investment.
2. Obtain a residence permit in Turkey.
3. Collect the required documents, including passport, birth certificate, and marriage certificate (if applicable).
4. Submit the application and pay the application fee.
5. Attend an interview at the Turkish consulate or embassy in your country.
6. Wait for the approval of your citizenship application.

Conclusion for Turkey Citizenship by Investment

In conclusion, Turkey Citizenship by Investment is a program that allows individuals to obtain Turkish citizenship by making a significant investment in the country. The program provides several benefits, including visa-free travel, access to healthcare, tax benefits, and education benefits. The application process is straightforward and typically takes between three to six months. If you’re interested in obtaining Turkish citizenship through the CBI program, be sure to research the different investment options and requirements to determine if it’s the right option for you.