Turkey
ABOUT TURKEY
Turkey, country that occupies a unique geographic position, lying partly in Asia and partly in Europe. Throughout its history it has acted as both a barrier and a bridge between the two continents.
A richly historical land with some of the best cuisine you will ever taste, scenery from beaches to mountains and the great city of İstanbul.The country blends influences from the Mediterranean, Central Asia, the Middle East, and the Balkans.
Turkey caters for all, with its mesmorizig architecture, and mazes of city bizaars, shopping disrcts and tourist hotspots.With a population of 79 million people, Turkey is a popular destination for leisure and business.
Turkey is among the top twenty economies in the world, although agriculture still accounts for 30% of jobs in Turkey, the economy relies on industrial and service sector output for its growth.
LEGAL BASIS
Article 20 of the Regulation on the Implementation of the Turkish Nationality Law (“Regulation“) stipulating the exceptional cases on which Turkish nationality is obtained, was amended by the Presidential Decree No. 106 (“Decree“) which was published in the Official Gazette dated , September 19, 2018 and entered into force on the same date.
A new prerequisite for obtaining Turkish citizenship has also been introduced to Article 20 of the Regulation.
QUICK FACTS
RESIDENCY BY INVESTMENT
Turkish citizenship has been introduced to Article 20 of the Regulation. Accordingly, if Capital Markets Board determines that a foreigner has purchased a share of real estate investment fund or venture capital fund with a minimum requested value of foreign currency or equivalent Turkish Lira on condition that the share would be hold by such foreigner for three years at least, Turkish citizenship can be obtained upon a Presidential decree.
REQUIREMENTS
Main applicant ust be over 18 years
Spouse and children below 18 years old can be included
INVESTMENT AMOUNT
USD 250,000 to purchase one or more properties in Turkey
EXIT STRATEGY
properties retained for 3 years at which point can be resold.
Results Number
Investment Options
In September 2018, the Turkish government reduced the minimum investment amount from USD one million to USD 250,000, which has been made it one of the most attractive citizenship-by-investment programs available today.
BENEFITS
Lifetime citizenship
Can be extended to future generations of family and children
Visa-free access to 110+ countries in the world
No need to renounce your current citizenship(s)
No residency requirements
You are entitled to apply instantly
No interview, education or management experience required
The program is based on the law
Citizenship 3 -6 months
No requirement for source of funds
Citizenship for new-born babies
Leading to UK ECAA visa
QUICK FACTS
PROCESS
KCS will pre-screen your passport copy for government pre-approval. A down payment of the professional fees is required to open your application. The response is in 24-48 hours.
Our team will assist and advise you with the collection of the documents required according to the Government checklist.As well as provide you with suitable property options based on your requirement
You will make a choice, and the purchase and transfer of property procedure will commence. valuation expert that is licensed by the Capital Markets Board of Turkey and get your chosen property evaluated. The purchase must be completed by registering the applicant’s own name on the property and annotating the promise to not sell the property for at least three years.
After you have made the purchase and valuation and before the completion of the application, the Ministry of Environment and Urban Affairs will confirm if the value of your investment both in the registry and in valuation exceeds $250,000. A residence permit needs to be taken from the Directorate General of Immigration Authority that is specific for investors.
We will complete and check the file of your application and send them to İstanbul for an official review. After your files are complete, the evaluation process for the application will be initiated by the Directorate of the Civil Registry of the city in which the residence permit is taken.
The General Directorate of Civil Registry will forward the file to the National Intelligence Agency, who will conduct background checks. If the security background report by the National Intelligence Agency confirms the suitability security-wise, the Ministry of Interior will validate the application and direct it to the Presidency of Turkey.
Oppurtunity
Application
Success
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Apply For Free Consultation
For a free confidential consultation and information on the Citizenship by Investment program contact one of our advisers.