Turkey has the 17th largest economy in the world
Benefit from the 30% drop in property prices
No inheritance tax in Turkey
Turkey’s real estate market had a 20% increase in the transactions in 2018
Description
OVERVIEW
The newly launched Turkey Citizenship by Investment program is the fastest way to obtain the Turkish citizenship within an approximate period of 6 months. Applicants who purchase real estate in Turkey for a value of USD 250,000 shall legally become citizens of Turkey with the same rights as any Turkish national.
The provisions of the main legislation in which the conditions and rules for the acquisitions of Turkish citizenship are regulated under the Turkish Citizenship Law Numbered 5901 and dated 29/5/2009 (“Code”) with the Regulation of Enforcement of the Turkish Citizenship law numbered 2010/139 and dated 11/2/2010 based on the herein Code (“Regulation”), a number of revisions have been introduced on acquiring Turkish Citizenship with the Amendment of the Regulation on the Enforcement of the Turkish Citizenship law, which was published and entered into force on the Official Gazette dated 19/9/2018 and numbered 106 (“Amendment”)
GENERAL INFO
Located in the heart of the Middle east and Europe, Turkey is separated by Anatolia by Black sea, Bosphorus, Marmara, Dardanelles and Aegean Sea. Turkey is a predominately Muslim country with 98% of the population function within a secular constitution. There are around 5 million Arabs residing in Turkey comprising 6% of the country’s entire population
Turkey is one of the largest emerging markets in the world. The country’s geographical location and overall global economic power makes Turkey an attractive place for investors worldwide. It is the 17th largest economy in the world with a nominal GDP of USD 849.48 billion, which is set to be part of the Trillion-dollar Club in 2020. Only 16 countries are in this club.
The country has outstanding infrastructure that makes transport within major cities in Turkey convenient and reliable. With easy access to several airports all year round, your journey home is normally within half an hour in most popular locations.
Turkey’s cost of living makes the country one of the best locations for retirement. The country does not impose inheritance tax and property owners can sell their property after 3 years holding period and still keep their citizenship.
To know more about Turkey’s citizenship and 2nd passport program, please contact us or send a call back request and one of our specialists will contact you to discuss your needs.
BENEFITS
PERSONAL FREEDOM
Spouse, and Children under 18 can be included in one application
Turkey is one of the most cost-effective places to live in
Turkey enjoys world-class educational and healthcare systems
Free Education and health care
FREE MOVEMENT
ADVANTAGES
Turkey 2nd passport allows Instant travel to 111 countries
More countries are constantly added to the visa-free list
Reputable second passport – easy to obtain visas when required
List includes Japan, South Korea, Singapore major countries in Asia and South America
FAMILY SECURITY
Turkey Citizenship and second passport in approx. 6 months
No requirements to reside in Turkey
Turkey allows dual nationality
Turkish citizenship open to most nationalities
INFO
Timeline: 6 – 8 months
Nationalities supported: Open for most nationalities
Visa free travel: Instant visa-free travel to 111 countries, including Japan, South Korea, Singapore and other major countries in Asia, Africa and South America
Investment type: Real Estate in Turkey
Investment cost: USD 250,000
Property Id : 28524
Price: $ 250,000 Minimum Real Estate Investment
29 COUNTRIES VISA-FREE
SHENGEN AREA
Members of the EU with an independent visa policy
Other EU members outside Schengen Area
Visa Free
Green Card
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