We, Yamakoglu & Partners, are an Istanbul based law firm and in this Article we aim to provide brief information about the Citizenship by Investment Program of Turkey for ones who are interested in living in Turkey or becoming Turkish citizenship. For more details please check our website on https://www.citizenshipsturkey.com or contact us via firstname.lastname@example.org.
Recently, Turkish citizenship has become favorite for the ones who would like to get a second or third citizenship by investing in Turkey. The citizenship by investment program of Turkey was launched in 2017 enabling foreigners to become Turkish citizenship by making investment ranging from USD 250,000 to USD 500,000 depending on the type of the investment.
The most favorite investment option among the others is the option of buying a real estate in Turkey with a minimum value of USD 250,000. The other options such as depositing cash into a bank account in Turkey, capital investment in a company in Turkey or purchasing government bond/debt instruments require the applicants to make an investment of minimum USD 500,000. In that sense, the vast majority of the applicants prefer the real estate option as it requires investing half of the other available investments. As well, many applicants wish to live in Turkey by residing in their own flat rather than only making pure investment in Turkey, which makes buying real estate more reasonable option for them.
One of the other attractive features of Turkish Citizenship program is that it allows the family members under 18 to become Turkish citizen together with the main investor.
After making the investment in Turkey, following and completing the citizenship process is a fairly simple which takes around 4-5 months. Indeed, as Yamakoglu & Partners, an Istanbul based law firm, follow the whole process on behalf of the applicants, so that the applicant is not required to be herein Turkey during the citizenship process.