Turkey is situated in the Near East, near the European continent’s entrance. The country is a significant travel and tourist destination, with millions of visitors each year. The Turkey Citizenship By Investment Programme (CBI or CIP) was introduced in 2017 to support the country’s economy. In his application, the applicant should include his spouse and minor children.
Real estate, shares, bank deposits, company investments, and other investment opportunities are available through the Turkey Economic Citizenship programme. The investment must be held for a minimum of three years. The procedure will take anywhere from three to six months.
There are numerous benefits of getting Turkish Citizenship. Turkey’s passport allows visa-free travel to several countries, including Brazil, Hong Kong, and Singapore. Turkish citizens may apply for a US E-2 treaty investor visa to live in the United States without difficulty. Foreign income is taxed at a rate of 17.5 percent in Turkey.
Applicants can choose from 6 investment options to get Turkish Citizenship By Investment. The investment must be held for at least three years.
You will need to have made the required investment before applying. Once this is done, you must request a certificate of eligibility from the Ministry of Treasury and Finance.
In order to qualify for citizenship, an applicant will first need to hold a resident permit. This is largely symbolic and a resident permit is provided as you apply for citizenship at the Provincial Directorate of Immigration Administration.
Make an application to the settlement's Provincial Directorate of Census and Citizenship. Due diligence is then made on the application, a process that can take 2-3 months. If the investigation is favorable, the application will be sent to the President's Office. If the President rules in favor of the acquisition of Turkish citizenship, it will be granted.
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