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Turkish Government introduced Citizenship by Investment Program January 2017 to attract foreign direct investment to boost country’s economy and especially the real estate sector. The program allows applicants to choose from a number of different options to get Turkish citizenship and it has played a role in developing the country’s economy. In September 2018, Turkish government made some amendments in law and made it easier for foreigners to acquire Turkish citizenship through investment. Since September 2018, Law No 5901 of Constitution of Turkey disposes that foreign citizens investing in Turkey will be granted the right to apply for Turkish citizenship. The conditions to acquire Turkish citizenship are discussed in more details in below.
Turkish Citizenship by Investment allows investors to get access to both Asian and European Markets along with that the investor acquire citizenship of such a country who is in Negotiations with the European Union for Full Membership.
No, there isn’t any requirement to learn Turkish Language
Yes, Turkey allows Dual Citizenship and there isn’t any requirement to surrender your previous nationality.
Citizenship or Passport will not ever expire in Future
Money should only be transferred through banking channel.
With Lira devaluation, the Price of your property Is not devalued as its according to price in dollars.
No, the Investor or his family don’t need to stay in Turkey during the Period of 2 months or later after getting Turkish Citizenship.
Nobody knows if the citizenship deal will be increased to 500K $. Yes, Rumors exits
In Turkey, foreigners’ right of inheritance is protected. In the event of a foreigner’s death, the real estate owned by them shall pass to their inheritors. If the inheritor is eligible to acquire the real estate (if they are eligible in terms of nationality and if the total limitation conditions per person and throughout the country allow), the inheritor may then keep the inherited property. Otherwise, such person is to transfer the real estate immediately. Otherwise, the Ministry of Treasury and Finance shall sell the real estate and reimburse the price to the inheritor.