Over the last decade, the owners of real estate in Turkey, according to the Cadastral Department, have become citizens of more than 140 countries. At the same time, the Turkish government, not in words, but in deeds, demonstrates a loyal attitude towards foreign investors, simplifying the procedure for purchasing apartments and legalizing residence.
Citizenship of the eastern republic today can be obtained by foreigners who have made a certain contribution to the national economy. Having a Turkish passport — this is an opportunity to live and work, use high-quality medical services and study at prestigious universities in the country.
What does Turkish citizenship give? What are the advantages of Turkish citizenship for foreigners, and what prospects open up for investors in life and business? Read about this and more in the expert article from Point Property.
Content of the article:
Second passport for investment
The question is how to obtain Turkish citizenship, due to the difficult geopolitical situation, is more relevant today for many Russian-speaking citizens than ever.
One of the simplest and most win-win ways — apply forTurkish passport for investmentin the Turkish economy. /p> State program "Citizenship by Investment" started in 2016. To participate, a foreigner needs to invest in the purchase of securities, real estate, make a deposit or open his own business, providing at least 50 jobs for local citizens. The initial investment in the purchase of real estate was $1,000,000. However, the amount turned out to be too high for investors. And in 2018, the government lowered the bar to $250,000 on the condition that housing cannot be resold for 3 years. Due to a sharp increase in the number of migrants in 2022, it was decided to increase the amount of investment in real estate to $400,000. At the same time, a foreign citizen can buy for this amount not one, but several of any property, be it an apartment, a house, commercial real estate, or a plot of land. After three years of ownership, the real estate can be sold, while the status of a Turkish citizen remains. Until this moment, you have the opportunity not only to move for permanent residence to a safe country, but also to rent out apartments, receiving passive income. If all documents are prepared correctly, registration of Turkish citizenship when purchasing real estate< span style="font-weight: 400;"> will take up to 4 months. At the same time, you will not have to go through any difficult interviews or exams.
What is gives Turkish citizenship? We will look into the advantages in detail below.
Advantages of Turkish citizenship
The main advantages of obtaining a Turkish passport for foreigners are:
- The right of permanent residence in Turkey is granted not only to the applicant, but also to his immediate relatives.
- Freedom to travel.
- Second citizenship.
- Excellent prospects for international business development.
- Official employment.
- Access to a wide range of banking services.
- Quality education and medicine.
Citizenship for the whole family
First,what gives Turkish citizenship for Russiansand citizens of other countries of the former CIS — this is the right to apply for citizenship as a family.
Remember that “family” in the Republic of Turkey, the applicant’s closest relatives are called — spouse, minor children, as well as children over 18 years of age who are in parental care, for example, due to disability (a health certificate must be attached to the documents).
At the same time, if you fill out the form at citizenship and residence permit in Turkey for a child and immediate family members, the package of documents is supplemented by marriage and birth certificates for each applicant (both originals and copies are required).
All documents issued in your country of residence are legalized, translated into Turkish, after which the translation is certified by a notary.
Unlike a residence permit, Turkish citizenship does not have a statute of limitations; it is passed on from parents to children.
Unfurnished 1+1 apartment on the 7th floor of a new complex from 2024, 800 m from the sea and 650 m from the center of Mahmutlar.
1+1
47 m²
9145
Apartment 1+1 unfurnished, on the 2nd floor, in a new complex of 2024, 800 m from the sea and 650 m from the center of Mahmutlar.
1+1
47 m²
9144
Furnished 1+1 apartment with sea view, on the 10th floor of a new complex of 2024, 800 m from the sea and 650 m from the center of Mahmutlar.
1+1
47 m²
9143
Furnished 1+1 apartment in a complex built in 2024, 800 m from the sea and 650 m from the center of Mahmutlar.
1+1
2 m²
9142
Furnished 2+1 apartment in a new complex of 2024, 900 m from the sea and 500 m from the center of Mahmutlar, suitable for obtaining citizenship.
2+1
120 m²
9141
Apartment 1+1 in a new complex in 2023, 750 m from the sea and 400 m from the center of Mahmutlar.
1+1
60 m²
9140
Furnished 2+1 apartment in a new complex of 2023, 600 m from the sea and 350 m from the center of Mahmutlar.
2+1
100 m²
9139
Furnished 1+1 apartment in a modern complex of 2023, only 250 m from the sea and 150 m from the center of Kargicak.
1+1
55 m²
9138
Comfortable 1+1 apartment with furniture, in a modern complex of 2016, just 800 m from the sea and 250 m from the center of the Cikcilli area.
1+1
65 m²
9137
Spacious 2+1 duplex with two balconies, 1700 meters from the sea and 500 meters from the center of the area, in a complex with a swimming pool, sports grounds and parking.
2+1, Duplex
115 m²
9136
Spacious 4+1 apartment with two balconies, 1200 meters from the sea and 450 meters from the center, suitable for obtaining citizenship and residence permit.
4+1
222 m²
9135
Furnished 2+1 apartment with two balconies and the possibility of obtaining a residence permit, 900 meters from the sea and 300 meters from the center of the district.
2+1
120 m²
9134
Spacious 3+1 apartment with two balconies, 1200 meters from the sea and 450 meters from the center, suitable for obtaining citizenship and residence permit.
3+1
172 m²
9133
Complex in the Mahmutlar area built in 2022, 500 meters from the sea
2+1
90 m²
9132
Furnished 2 bedroom apartment with open views
2+1
115 m²
9131
Complex with a swimming pool 600 meters from the sea coast
2+1
100 m²
9130
Apartments for a large family 145 sq.m. at a bargain price
3+1
145 m²
9129
New complex built in 2023 in an open area for residence permits
3+1
150 m²
9128
Urban complex with parking 1100 meters from the sea.
3+1
160 m²
9127
Apartment 2+1 with separate kitchen, 200 meters from the sea and 100 meters from the center of the area, with sea view.
2+1
110 m²
9126
Freedom of travel
Visa-free visits by Turkish citizens to 111 countries on the planet, including Singapore, Hong Kong, and Japan. More than three dozen countries allow visas to be issued directly upon arrival at the airport. To travel to countries such as Mexico, Pakistan or Sri Lanka, you will need to obtain an electronic border crossing permit.
Citizens of Turkey can obtain a so-called B-1/B-2 visitor visa for traveling to the United States of America. Visa validity period — 10 years. The visa allows you not only to travel, but also to receive treatment, participate in any official events, get an education and find a job. Applications must be submitted to the US Consulate located in Istanbul or Ankara.
In addition, Turkish citizens have the opportunity to obtain a visa to visit the countries of the Schengen area and the EU. Validity of C-2 visa — about 5 years with the right to reside in the Schengen states for 90 days within 6 months.
Second citizenship
Another advantage of Turkish citizenship — receiving a “golden” passport does not oblige you to renounce citizenship of your country. That is, Turkish legislation allows for second citizenship. But it is important to check in advance whether this is allowed in your home country. For example, Russians, Belarusians and Kyrgyz can obtain a second citizenship without losing their primary one.
Good prospects for the development of international commercial activities
Considering the pros and cons of Turkish citizenship, many foreigners note the prospects for business development in this eastern state.
Firstly, the country is located at the intersection of many international trade routes. The Turkish economy is among the TOP 20 largest economies in the world, which guarantees ample opportunities for the implementation of various business ideas. And secondly, a simple procedure for registering companies allows businessmen to quickly launch their own profitable business and establish cooperation with partner companies from EU countries.
To register a legal entity, you will need to prepare a certain list of documents and register with the Turkish Chamber of Commerce and Industry.
More opportunities to work in Turkey
Investment citizenship guarantees foreigners the same rights as native residents of the country. In particular, in addition to opening your own business, having a second passport — this is an opportunity to apply for employment in highly paid positions and in-demand specialties on an equal basis with local citizens.
The most interesting areas in terms of salary levels and development prospects are considered to be:
- information technology;
- medicine;
- teaching activities;
- tourism;
- law;
- investments in construction and real estate sales.
According to Turkish labor law, a citizen's working week should not exceed 45 hours (8-hour working day). The average salary is about $1,200 before taxes.
Access to a wide range of banking services
According to statistics from the Banking Association of the Republic of Turkey, more than 50 private and public banks operate in the state.
And this means what does a Turkish passport give private clients and legal entities have the right to receive a wide range of banking services, including loans for developing their own business, buying a car, mortgages for purchasing real estate, etc.
Citizens of Turkey receive credit funds for personal use without the need for collateral or guarantee. The loan rate depends on the borrower’s profit, the amount requested and the period for which the loan agreement is issued.
Receiving a prestigious education
Education in Turkey has been conducted according to the Bologna system since 2001. That is, it fully complies with all European requirements. Upon completion of studies at one of the universities, graduates receive a diploma that is recognized in all European countries.
More than 20 Turkish universities are included in the international ranking of the best universities in the world. The private university Koç is considered one of the most prestigious in the country. University in Istanbul. The educational institution annually trains about 7,000 students. The most popular faculties — medical, economic and legal.
Advantages:
- Higher education in Turkey is paid. However, for Turkish citizens the cost of training is lower than for foreigners.
- Students who show good results receive scholarships and grants.
- Most universities provide for student exchange with European universities and internships in various international corporations, as a result of which many graduates find employment. < /li>
Quality medical care
The level of Turkish medicine, according to analysts' reports, is one of the highest among Asian countries. In particular, calculations by specialists were carried out taking into account such characteristics of Turkish hospitals as equipment, professionalism of medical personnel, cost of medical services. It should be noted that the Republic of Turkey is ahead of Singapore, China and the UAE in this ranking.
All Turkish citizens have the right to free treatment in public clinics and large discounts on the purchase of medicines. A significant portion of treatment costs is covered by the SGK compulsory health insurance. In addition, citizens of the country can purchase private insurance policies. The cost of health insurance depends on the breadth of coverage and the age of the person.
Many hospitals in Turkey are known far beyond the borders of the state. They employ professionals of the highest class who specialize in the treatment of a wide variety of diseases, including serious ones. Such as oncology, dysfunction of the endocrine and cardiovascular systems. Great progress has been made in areas such as organ transplantation and plastic surgery.
Unfurnished 1+1 apartment on the 7th floor of a new complex from 2024, 800 m from the sea and 650 m from the center of Mahmutlar.
1+1
47 m²
9145
Apartment 1+1 unfurnished, on the 2nd floor, in a new complex of 2024, 800 m from the sea and 650 m from the center of Mahmutlar.
1+1
47 m²
9144
Furnished 1+1 apartment with sea view, on the 10th floor of a new complex of 2024, 800 m from the sea and 650 m from the center of Mahmutlar.
1+1
47 m²
9143
Furnished 1+1 apartment in a complex built in 2024, 800 m from the sea and 650 m from the center of Mahmutlar.
1+1
2 m²
9142
Furnished 2+1 apartment in a new complex of 2024, 900 m from the sea and 500 m from the center of Mahmutlar, suitable for obtaining citizenship.
2+1
120 m²
9141
Apartment 1+1 in a new complex in 2023, 750 m from the sea and 400 m from the center of Mahmutlar.
1+1
60 m²
9140
Furnished 2+1 apartment in a new complex of 2023, 600 m from the sea and 350 m from the center of Mahmutlar.
2+1
100 m²
9139
Furnished 1+1 apartment in a modern complex of 2023, only 250 m from the sea and 150 m from the center of Kargicak.
1+1
55 m²
9138
Comfortable 1+1 apartment with furniture, in a modern complex of 2016, just 800 m from the sea and 250 m from the center of the Cikcilli area.
1+1
65 m²
9137
Spacious 2+1 duplex with two balconies, 1700 meters from the sea and 500 meters from the center of the area, in a complex with a swimming pool, sports grounds and parking.
2+1, Duplex
115 m²
9136
Spacious 4+1 apartment with two balconies, 1200 meters from the sea and 450 meters from the center, suitable for obtaining citizenship and residence permit.
4+1
222 m²
9135
Furnished 2+1 apartment with two balconies and the possibility of obtaining a residence permit, 900 meters from the sea and 300 meters from the center of the district.
2+1
120 m²
9134
Spacious 3+1 apartment with two balconies, 1200 meters from the sea and 450 meters from the center, suitable for obtaining citizenship and residence permit.
3+1
172 m²
9133
Complex in the Mahmutlar area built in 2022, 500 meters from the sea
2+1
90 m²
9132
Furnished 2 bedroom apartment with open views
2+1
115 m²
9131
Complex with a swimming pool 600 meters from the sea coast
2+1
100 m²
9130
Apartments for a large family 145 sq.m. at a bargain price
3+1
145 m²
9129
New complex built in 2023 in an open area for residence permits
3+1
150 m²
9128
Urban complex with parking 1100 meters from the sea.
3+1
160 m²
9127
Apartment 2+1 with separate kitchen, 200 meters from the sea and 100 meters from the center of the area, with sea view.
2+1
110 m²
9126
These materials have been prepared for informational purposes; they are not of a commercial nature.
Point Property — is a certified real estate agency that specializes in providing a full range of real estate services for residential and commercial real estate transactions in Turkey. Our company takes care of all the organizational aspects of a real estate transaction: searching for an object, organizing a sightseeing tour, assistance in collecting documents and checking the legal purity of documentation, support in re-registration of ownership. In addition, we provide our customers with a wide range of after-sales services.
