Citizenship by investment (CBI) programs offer individuals the opportunity to obtain citizenship in a country in exchange for an investment in that country. These programs are designed to attract foreign investment and stimulate economic growth in the host country. Turkey offers a CBI program that allows individuals to apply for Turkish citizenship in exchange for a real estate investment in the country.
To be eligible for the Turkish citizenship by investment program, individuals must meet certain requirements. These requirements vary depending on the type of investment made, but generally include: A minimum real estate investment of $400,000 A clean criminal record Proof of sufficient income or financial resources Health insurance coverage A minimum of 60 days of continuous stay in Turkey during the past year
The general process for obtaining Turkish citizenship through the CBI program involves the following steps: Choose a property to invest in: Individuals must make a minimum real estate investment of $250,000 in Turkey. This investment can be in the form of a single property or multiple properties, as long as the total value of the investment meets the minimum requirement. Complete the application process: Interested individuals must complete the application process for Turkish citizenship through the CBI program. This process includes submitting all required documents and paying the necessary fees. Obtain temporary residence permit: Once the application has been approved, individuals will receive a temporary residence permit, which allows them to stay in Turkey for a period of one year. Wait for citizenship approval: During the one-year period of temporary residence, individuals must meet the requirements for Turkish citizenship, including a minimum of 60 days of continuous stay in Turkey. If all requirements are met, the individual’s application for citizenship will be approved and they will become a citizen of Turkey.
Overall, the Turkish citizenship by investment program offers individuals the opportunity to obtain Turkish citizenship in exchange for a real estate investment in the country. The requirements for obtaining citizenship through this program include a minimum real estate investment of $250,000, a clean criminal record, proof of sufficient income or financial resources, health insurance coverage, and a minimum of 60 days of continuous stay in Turkey during the past year. The process for obtaining citizenship through the CBI program involves completing the application process, obtaining a temporary residence permit, and waiting for citizenship approval.