LEARN THESE SIMPLIFIED STEPS FOR CITIZENSHIP ACQUISITION
In the month of September the year 2018, there was a change in Turkish legislation- which focused on the Turkish Citizenship by Investment program. This provision allowed the potential foreigners interested in establishing their huge projects in Turkey to obtain citizenship through simply using a minimum of 250K US Dollars. This came to be one of the popular and most enticing citizenship through investments from the global perspective. From that time, multiple interested investors have flocked into Turkish land to apply to successfully get the offering from the republic. Keep reading this article for more on general chronological steps, citizenship requirement while opting to accept the offer.
Getting Citizenship by investment from Turkey has a process made simple in order to curb any roadblock while doing the application. Below are chronological steps involved in the whole processing;
Phase 1: Obtain a tax registration code
By simply paying a visit to any tax service point in the republic, you can be assisted to obtain your taxation number or code. You are required to carry with you some essential documents such as your valid passport and colored passports
Phase 2: Start a bank account
As an investor who is ready to obtain citizenship by investment, bear in mind that you can’t open a bank account with any of the financial institutions in Turkish land without the Taxation number and a valid passport. You do not necessarily require passports or colored photos since most banks will take care of that. Also bear in mind about your address and therefore you may be required to produce a proof of the same.
Phase 3: Search for a property that costs a minimum amount of 250K US dollars.
This can be just a single residential property or a housing property having many divided units. The property should be a complete project or a project that’s nearing completion. The property should be an approved project by the relevant authorities such as the issuance of a Title deed by the respective Ministry.
Phase 4: Proceed to buy the valuable property
Having a taxation code and being an account holder with any of the banks in Turkey, you can proceed to initiate a transactional a process powered by Banks through the necessary Banks Transfer and the important receipts. In this matter of citizenship by investment, the registry dealing with Title deeds has to notify the Turkish state that- the bought home or property will not be resold in the next 36 months from the time of purchase. After these months are over, an investor can proceed to resell his project and can now retain your citizenship right.
Phase 5: Get a conformity certification
This is completed through the provision of a formal valuation Surveillance and presenting the respective receipt relating to the bank transfers, to the Ministry of Environment and Urbanization.
Phase 6: Initiate a residency from the Turkish government
Application for citizenship by investment doesn’t stop here. Compose yourself and put all the necessary documents in one place for presentation to the Directorate Gen. of Migration Mgt in Turkey.
Phase 7: Finally, initiate the citizenship by investment in Turkey via an application
From the same office in Phase 6, you can do an application for citizenship. Now you have got the whole process in place. Again, the process is not complex as some may think.
Looking at the requirement briefly, there are a number of things you need to know concerning the types of important documentations wanted for citizenship by investment by the republic;
Get an authentic copy of your birth certificate which should also bear an official stamping from your republic – a process achieved through the Foreign Affairs docket and/or the Turkish ambassador in your nation.
Get your marriage certificate ready or a demise certificate if your partner died or even divorce papers. Each of these documents should bear a stamp and other forms of authentication from the same ministry as in number one.
Additionally, you are also required to produce some photos which should be 4 in total having a white background. Should measure 5 by 6 for every other member in your family who is also doing the application.
Others include; your valid passports, Grants from the Attorney General, respective receipts for wire transfers as well as the evidence for your address. Please refer to phase 6 above for the certificate details
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