Why Turkish Citizenship?

Why Turkish Citizenship?

Why Turkish Citizenship?

Many investors are looking to diversify their portfolios by investing in additional nations due to a variety of reasons, including the stark differences between the rankings of the various countries' passports in terms of their holders' freedom to migrate.

Due to all of the aforementioned factors, many nations' people are forced to get a second passport in order to increase their chances and diversify their nationalities.

Countries That Offer Investment-Based Citizenship

There are numerous countries that permit foreign investors to become citizens, and each nation has its own unique requirements. However, it appears that Turkey is actually one of the most alluring countries in this region, particularly after the rule awarding Turkish citizenship was changed.

Many international investors, particularly Arabs who wish to become citizens of Turkey and receive a reliable Turkish passport, have been drawn to the country as a result of the recent revisions to the Turkish Citizenship Law that were adopted in 2017.

The Rules in Turkey for Obtaining Citizenship by Investment

The minimum investment needed to become a Turkish citizen has decreased; the minimums by investment type are listed below:

  • Turkish Citizenship by Real Estate Investment:

The minimum investment needed to obtain citizenship has been lowered from US$1,000,000 to US$400,000, with a 3-year promise not to transfer or withdraw the investment.

  • Turkish Citizenship Through A Bank Deposit:

The minimum deposit amount in a Turkish bank account was decreased from US $ 3 million (US $ 3,000,000) to just US $ 500,000, provided that the amount deposited for a period of 3 years is not withdrawn as a minimum.

  • Turkish Citizenship by Buying Government Bonds:

The amount needed as a down payment for citizenship to purchase government bonds decreased from three million dollars to half a million.

  • Turkish Citizenship by Hiring Turkish Employees

The number of Turkish citizens needed to qualify for citizenship has been lowered from 100 to at least 50.

The Easiest Ways to Obtain Turkish Citizenship

One of the quickest and most efficient ways to obtain Turkish citizenship among the alternatives outlined above—where the waiting period does not exceed 90 days—is by purchasing property.

Investors, particularly Arabs, appear to be interested in the most recent action taken by the Turkish government to ease the requirements necessary of international investors desiring to obtain Turkish citizenship.

This interest shows that many investors continue to view Turkey as a "safe haven." However, the most recent data on real estate sales and applications for Turkish citizenship are highly encouraging.

Why Turkish Citizenship? Additional features

Tens of millions of tourists from all over the world visit Turkey every year for its historical, natural, and medical attractions.

There are other factors, in addition to tourism, that continue to influence many Arabs to select Turkey as a nation for investment and stability, including:

The structure of communities and cultural preferences are comparable between Arabs and Turks in many ways, from shared religious and moral values to the most basic necessities of life, such as food and clothes.

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