When researching countries with Citizenship by Investment programmes, Turkey may be one of the options you come across. You may also be wondering what Turkey has to offer you. There may be other countries you could invest in that provide access to more countries or are cheaper to invest in – so why invest in Turkey?
Known for being the bridge between Asia and Europe, it is rich history and culture, breath-taking architecture and landscapes, culinary experience and picturesque experiences such as hot air ballooning in Cappadocia; the country is full of life and exciting adventures.
Ways to Invest in Turkey
One of the benefits of investing in Turkey is the several choices you have for investment. You can apply for citizenship within these four investment options:
1. Minimum of USD 250,000 in real estate investment.
2. A fixed capital investment of USD 500,000.
3. Create jobs for at least 50 people.
4. Deposit USD 500,000 on condition to not withdraw from this amount for three years.
These options allow you to have Turkey citizenship by investment, especially if you have specific goals for your plan, like starting a business.
The most popular route by far is property investment due to several factors: the flexibility in choosing the attractive property returns on investment.
Benefits of Investing in Turkey
If you’re looking to invest in Turkey for the business aspect, you’re in for a lot of good news. Firstly, the country acting as a bridge between Asia and Europe provides easy and fast access to both, whether for business or pleasure.
With Turkey citizenship by investment, you receive visa-free travel and visa-on-arrival to 110 countries, including Japan, Brazil, Singapore, and Hong Kong; this expands your business opportunities for growth and networking.
With a Turkish passport, one can apply for the E-2 investor visa for the United States of America: by investing in a business (of around USD 100,000), you and your family have the right to live, work and study in the US.
In addition, Turkish nationals with the intention of setting up a business in the UK may be eligible to apply for the Turkish Businessperson Visa.
Eligibility for Investing in Turkey
There isn’t much that can impede you from investing in Turkey. You need to be 18 years or older, pass the due diligence successfully, and have no criminal record.
The time it takes before you have your citizenship by investment is only four to six months, so you could make it your goal for the year and travel to your new country for Christmas.
Would You Invest in Turkey?
Whether you’re looking for business or pleasure, Turkish Citizenship by Investment will benefit you in many ways. You will have global access essentially, covering Asia, Europe, and the United States. You can conduct business anywhere with minimal paperwork and costs, which everyone wants.
Don’t forget the cultural experiences from the countries either. You and your family will be able to travel and experience an incredible range of cultures, events, and bucket list items.
If you want more information about acquiring citizenship and property in Turkey, you can visit the Republic of Turkey Investment Office’s Residency here.
