If you choose the right investment to buy in Turkey, you may be headed for a dual citizenship. As a foreigner, if you spend about $250,000 and above, you are eligible for a Turkish citizenship. The good thing about this process is the fact that it is a fast and smooth procedure.
With this incentive for potential property investors, anybody from any country can become a citizen of the country. Turkey is currently one of the most visited countries in the world. It has so many attractive features and is a good place to do business.
The real estate market in Turkey is another main attraction in the country. It features all you need in a property market like Dubai or Qatar. Many property investors from Dubai come to invest in Turkey due to the massive influx of visitors the country gets in a year.
Turkish citizenship by investment: Why you need it
One of the hottest issues in foreign investment in Turkey and Europe is the many benefits that comes with investing in Turkey. Turkey’s citizenship by investment is one of the hottest topics among high-net-worth individuals in different parts of the world.
The food thing about Turkish citizenship by investment is that it is not only reserved for only those that in the Forbes list or owners of Fortune 500 companies. Anybody with a smart investment sense can reap the benefits of Turkey dual citizenship.
Turkey Citizenship Benefits
Citizen for life: Once you become a citizen of Turkey, it becomes valid for life whether you choose to remain in the country or not. This citizenship is usually granted within 6 months of application.
No minimum Turkish residency needed
According to the law on Turkey dual citizenship, you do not need any minimum residency status or requirements to become eligible for Turkish citizenship.
Access to Medical Support
This citizenship status comes with full medical support from choice health service providers.
Available Pension Programs
Investors who are part of the Turkish citizenship program will become eligible for available pension programs.
Education Support
This program also comes with the benefit of a free University and education reimbursement.
Visa-less access to Schengen and EU countries
The Turkish dual citizenship scheme makes it possible for you to travel visa-free to all Schengen and EU countries.
A High ROI
Investing in Turkey not only qualifies you for citizenship but also gives you the chance to earn a high rental ROI as a citizen of the country. As a citizen, you become eligible for first-class services and priority treatment in the country.
Travel visa-free to almost 200 countries
Who would have taught that a Turkey dual citizenship would make you a global citizen? When you buy a property in Turkey for $250,000 and above, you will be eligible for Turkish citizenship. This gives you access to the powerful red Turkish passport.
This means that you are able to travel to nearly 200 countries without visa. Countries that you can travel to includes:
Africa: Sao Tome and Principe, Rwanda, Mozambique, Morocco, Mauritius, Mauritania, Madagascar, Lesotho, Kenya, Guinea-Bissau, Gambia, Gabon, Ethiopia, Eswatini, Djibouti, Cote D’Ivoire, Comoros, Cape Verde, Botswana, and Benin.
Asia: Uzbekistan, Thailand, Tajikistan, Sri Lanka, Singapore, Qatar, Phillipines, Oman, Nepal, Myanmar, Mongolia, Maldives, Malaysia, Lebanon, Laos, Kyrgyzstan, Kuwait, South Korea, Kazakhstan, Jordan, Japan, Iran, Indonesia, Cambodia, Brunei, Bangladesh, Bahrain, and Azerbaijan.
Europe: Vanuatu, Tuvalu, Tonga, Timor-leste, Palau Samoa, Micronesia, Fiji, Marshal Islands, Oceania, Ukraine, Serbia, Montenegro, Moldova, Macedonia, Georgia, Bosnia and Herzegovina, Belarus, Armenia, and Albania.
Americas: Trinidad and Tobago, Suriname, Saint Vincent and the Grenadines, Saint Lucia, Saint Kitts and Nevis, Peru, Paraguay, Panama, Nicaragua, Mexico, Jamaica, Honduras, Haiti, Guatemala, Venezuela, Uruguay, El Salvador, Ecuador, Dominican Republic, Dominica, Costa Rica, Colombia, Chile, Brazil, Bolivia, Belize, Barbados, Bahamas, Argentina, Antigua and Barbuda.