Investment in turkey

Investment conditions in turkey

Investment in Turkey and obtaining Turkish citizenship through investment is analyzed in this article. If you are interested in investing in Turkey, read the rest of this article and get the information you need. MIE Austria, with its experienced lawyers and consultants, is ready to answer your questions about investment in Turkey every day. You can benefit from a free telephone consultation on investment in Turkey and immigrating to Turkey with just a phone call.

In the Comments section, you can also ask your questions and answer them in a short time.

Topics reviewed in this article:

• Investment in Turkey for obtaining citizenship
• The advantages of investment in Turkey
• Answers to common questions about investment in Turkey

Investment in Turkey for obtaining citizenship

By investing in Turkey, you can obtain Turkish citizenship for yourself and your family. The family includes a spouse and children under 18years of age. In order for your investment to lead to Turkish citizenship, you must invest in one of the areas of investment announced by the Turkish government, and you are also required to invest the minimum amount declared in each one of these areas.

The process of obtaining Turkish citizenship and passport, for an investor, usually takes between 3 to 6 months. The Turkish government allows dual citizenship, so you do not need to revoke your current citizenship.

The various methods of investing in Turkey to obtain Turkish citizenship and their conditions are discussed below.

• Investment in Turkey through buying a property

  One way to invest in Turkey and obtain citizenship is to buy a property in this country. The minimum investment amount in buying a property is 250,000 US dollars. That used to be 1million dollars, which has been reduced to 250,000 dollars under the new rules. One of the conditions for investing in this method is that the purchased property should not be sold for three years.

  Buying cheaper properties can also lead to a residence permit in Turkey. You can get a 3-year residence in Turkey by buying a property worth at least 60,000 US dollars. This is a tourist residence, which means that you are not allowed to work in turkey by using this type of residence. Of course, it is possible to get a work permit if you are legally employed. This residence can also be extended.

• Investment in Turkey through bank deposits

  You can obtain Turkish citizenship only by depositing in Turkish banks and there is no need to invest in any field. In this method, you must deposit at least 500,000 dollars in a Turkish bank. It used to be 3 million dollars but has recently dropped to 500,000 dollars. Your money must remain in the bank for at least three years.

• Investment in Turkey by buying stocks

  You can also obtain Turkish citizenship by investing in the Turkish stock section. In this method, you must buy at least 500,000dollars worth of stock. This amount was previously two million US dollars, which has been reduced according to the new plan of Turkey. One of the conditions of this type of investment in Turkey is that your investment must be approved by the Turkish Ministry of Industry and Technology.

• Investment in Turkey by buying government bonds

  Turkish citizenship can also be obtained by purchasing government bonds. One of the conditions of this investment method in Turkey is that bonds should not be sold for at least three years. Your investment must also be approved by the Turkish Ministry of Treasury and Finance.

• Investment in Turkey by investing in real estate companies

  Another way to invest in Turkey and obtain Turkish citizenship is to invest in real estate companies. In this method, you must invest at least 500,000 dollars in one of these companies.

• Investment in Turkey through entrepreneurship

  Previously, a foreign employer was required to employ 100 Turkish citizens in order to obtain Turkish citizenship. But according to new changes in Turkish law, in 2019, employers can obtain Turkish citizenship by employing 50 Turkish citizens.

The advantages of investment in Turkey

Investment in Turkey can have advantages for you and your family. The followings are among them.

Obtaining a Turkish passport and citizenship takes only 3 to 6 months

Ability to travel to 148 countries without a visa

You are not required to be present in Turkey

Turkish passport is one of the top 30 passports in the world

Turkish passport is valid for ten years and can be extended for life

All family members receive free medical care

Ability to retain previous citizenship

Military service is not compulsory for citizens who have got their residence using this method

Possibility of free education

Possibility of visa-free travel to EU countries and 26 Schengen countries

Answers to common questions about investment in Turkey

✅ What is the best way to invest in Turkey?

One of the best ways to invest in Turkey is to buy a property in Turkey and register a company.

✅ Is it possible to obtain a residence in Turkey by buying a property?

Yes. You can obtain a residence permit in Turkey by buying a property worth at least 250,000 dollars.

✅ Is it possible to obtain residence in Turkey through investment in franchises?

No. to invest in a franchise, you must first obtain a residence permit in Turkey through other methods.

✅ Is it possible to obtain a Turkish passport through investment in this country?

If you buy a property in Turkey, you can obtain the passport of this country.

Investment in Turkey and the methods of obtaining citizenship through investment in Turkey were described. You can obtain Turkish citizenship in a short time with a maximum investment of 500,000 US dollars. It is recommended to consider all the above and make a decision with sufficient information before investing in Turkey. The experts of MIE Austria law firm are ready to provide advice to you about investment in Turkey. In case you need more information to make a more accurate decision, you can contact our offices and get a consultation from the best experts. We hope this article has provided the information you needed. You can ask your questions about investing in Turkey in the comments section of this article and get answers as soon as possible.