There are several reasons for the growing demand for Turkish Citizenship by Investment opportunities. Due to the current gradual economic situation in Turkey, the value of the Turkish lira has fallen, and property prices have fallen sharply. And this situation provides reasonable investment opportunities for foreign investors. It goes without saying that acquiring Turkish citizenship as a result of these investments.
The law does not require investing in any particular type of real estate. This means that foreign investors can choose from a variety of options such as homes, land and commercial buildings.
The family of a foreign investor has the right to acquire Turkish Citizenship by Investment with the investor. The only exception is the son of an investor over 18 years old. Investors no longer need to provide land ownership as a condition for deciding to acquire citizenship through real estate investment. A sale contract for an investor is enough to buy real estate as an engineering or plan project that is trad at a very low price. Provide future value and viable options to investors
Benefits of Turkish Citizenship by Investment
Turkey often deals with foreign investors at rates that can reach 100%, similar to domestic investors. This is one of the most important benefits of investing in Turkey. The Turkish economy is one of the most prosperous countries in the world with a bright future. It is expect to become one of the fastest growing economies in the world in the next decade. Because it attracts $ 15 billion in foreign capital annually. And that number is growing every year because it is the 16th largest economy in the world.
Turkey’s population supports investment This is because Turkey has a population of 77.7 million and is the largest country in terms of youth compare to the European Union. Not only that, but some young people have a high culture and education. Turkish infrastructure has advance technology in everything that a successful transportation investment requires. Advanced Maritime Transport Facility. Low cost feature
Corporate income tax is between 33 and 20 percent, and technological advances and vacant lands and industrial areas are characterize by tax incentives and benefits that are exempt from all or part of corporate income tax. Turkey has laws to support innovation, research and development in Real Estate Investment in Turkey.
Incentives provide by the Turkish government to foreign investors
Because the Turkish government provides facilities and incentives for foreign investors who want to invest in Turkey. Therefore, the Turkish government has the right to obtain Turkish citizenship under certain conditions.
If you want to buy a property in Turkey for $ 250,000 with at least $ 250,000. But only if the property is kept for 3 years and not sale. $ 500,000 when investing in fix capital over $ 500,000. Turkish Citizenship by Investment is grantee to foreigners who have at least $ 500,000 or $ 500,000 in a bank deposit and have provide evidence that the deposit will remain in the bank for three years. Turkish citizenship is grantee to foreigners who prove that they have purchase government bonds. But these bonds are not sold for 3 years.
In addition, people who have acquire Turkish Citizenship by Investment can enjoy many benefits such as:
Strengths of Turkish passports are rank 39th in the world, allowing their holders to enter 72 countries without a visa. Turkish passports and Turkish citizenship are process and deliver in less than 30 days. Turkey-EU relations Negotiations and agreements are underway between the Turkish government and EU countries regarding Turkey’s accession to the European Union. Turkish citizens have the right to enter Europe without a visa in the future. Ability of Turkish passport holders and Turkish citizens to benefit from the pension program as a Turkish citizen.
The Turkish government offers free tuition programs to universities for Turkish passport holders and Turkish citizens. A Turkish passport gives the holder the right to vote in all Turkish elections. The Turkish government allows holders of Turkish passports to have dual Turkish Citizenship by Investment. Because they can have dual citizenship
Turkish passports are valid for 10 years and can be extend for life. The Turkey’s Economic Importance this includes ongoing reforms that the Turkish government is implementing to revive its economy.