106 entered into force on September 19, 2018, the amounts of investment required for acquiring Turkish citizenship applications are lowered. Our services include legal preparation before buying a real estate. The title deed registration is given to the applicant following the completion of the procedure. 2 biometric photograph (50×60 mm, white background, machine readable, plain set by ICAO). Turkish Citizenship by Investment Programme You can be a Turkish Citizen by purchasing a property in Turkey that is worth a minimum of $250,000. Draft or review the offer, purchase contract. In applications to be submitted in following years, fixed capital investments made within maximum 3 years before the application date shall be taken into consideration within the scope of the report)e. Proof that the direct foreign investment in the amount of 500.000 US Dollars are transferred to the equity capital of the company and submission of the related foreign deposit account receipt in the same Sworn-in Certified Public Accountant report. With the amendment of Sept 19th 2018, you can obtain a citizenship with a realty purchase of $250000. Many developments have been recorded since January 2017 regarding the acquiring of foreigners to Turkish citizenship. The Turkish Citizenship application processes are provided by authorized consultancy firms. Required documents for Turkish Citizenship Application by way of investment are: Foreigners can obtain Turkish citizenship by buying real estate whose total worth is more than 250,000 USD or equivalent. Best Corporate Custom Tote Bags Gifting Ideas For The Holiday Season. It’s not required that such amount should be deposited to only one single bank that operates in Turkey. The Turkish citizenship by investment program is one the absolute easiest ways to obtain a second passport out there, with even easier rules. 2. Purchasing a real estate property which has a property ownership or a construction servitude on it, with a preliminary sale contract executed before a notary public and at least $250,000 or amount of foreign currency or Turkish Liras has been paid in advance and such notarized preliminary sale contract should be recorded at the relevant title registry with the undertaking not to transfer or assign the agreement for a period of three years. The amendments of the Regulation dated 12.01.2017 and the effective date of this instruciton, in case if more than one immovable is acquired by the same person, the sum of which corresponds to a price stated in the relevant article or above, the value calculated in accordance with the effective sales price of each immovable on the sale date shall be taken as basis. Citizenship By Investment in Turkey 2020. The real estate should not be registered to any other person, including the foreigner’s spouse or children. Registering your property with local Municipality to pay annual Environmental and Garbage Collection Tax. We will offer you various property options: we will report physical features, legal status, price and profitability ratio. After we completed your property purchase, we can provide below services with an additional fee; Obtaining conformity certificate from Ministry of Environment and Urbanization for purchasing a real estate property with a minimum value of $250,000 or equivalent foreign currency or equivalent amount of Turkish Liras [prior to the amendment such amount was $1,000,000] and attached an annotation of no-sale for at least three years at the relevant title registry. If a male applicant has multiple wives, only one of them is eligible for Turkish citizenship. Demand for Turkish passport has increased sharply during this period, and according to the Turkish Interior Ministry, in March, April and May 2020, an average of 1,333 investors managed to obtain Turkish Citizenship monthly. The value in US dollars will be calculated on the effective selling rate of the Central Bank of the Republic of Turkey on the date of the transaction, and for each foreigner acquiring more than one house, each house will be evaluated separately. After the seller accepts your offer, we confirm that the property is free of any debts, taxes and environmental charges are paid and real dimensions of the property match the title deed. B. In line with the further amendments made by The President Decision No. Document showing a residence address in foreigner’s home country (such as phone, electricity, gas bill), Turkish tax number (we can obtain tax number for you). Boasting USA E2 Visa Program eligibility and over 10,000 successful applications in its first year, the Turkish Citizenship By Investment Program is now one of the most popular in the world. ... Turkish citizenship by investment 14 March 2020. If you are a citizen of a country which does not allow dual citizenship, you need to forfeit your original citizenship. Turkish Citizenship by Investment Programme. In accordance with the “Regulation on Making Amendments in the Regulation on the Implementation of Turkish Citizenship Law” which is effective as of being published on the Official Gazette dated 12 January 2017 and No 29946; it has been decided that Turkish Citizenship can be granted to the persons, whom are determined by Ministry of Economy to have made fixed capital investment in the amount of 500.000 US Dollars, upon the suggestion of the Ministry of Interior and with the Cabinet Decision. OCT 08, 2020. Prepare citizenship application documents for Client, his wife and children. In the first months of 2017, the Committee of Ministers took action when the prospect of an explosion in housing sales in the case of “recognition of citizenship for who purchase house”. Either choose the property you will invest in or invest in the residential and commercial property that we will recommend; if you get consultancy services from us, we will carry out all the legal procedure in Turkey under government guarantee. The works have completed for foreigners who purchase houses, have an account in a bank and establish a business in Turkey about being a “Turkish citizen” if they demand. Our attorneys will help from real estate purchase until you get Turkish citizenship. Ata Institutional Consultancy Next Level Loft Office  Kizilirmak Street 4/65-B Floor: 24 Cankaya / Ankara / TURKEY Telephone:  +90 (312) 424 15 75 Telephone:  444 7 284  (Turkey) E-mail:  info@expatguideturkey.com, Ata Institutional Consultancy İstiklal Street Number: 187 Floor: 4 Beyoğlu - İstanbul / TURKEY Telephone:  444 7 284  (Turkey) E-mail:  info@expatguideturkey.com, Turkish Citizenship by Property Investment, Turkish Citizenship by Fixed Capital Investment, Turkish Citizenship by Employing 50 Personnel, Turkish Citizenship by Purchasing Public Debt Instruments. If this occurred once, new application will not be considered as an on-going time span [three year period]. Turkey’s citizenship by investment program has been one of the most popular schemes during the Corona Crisis. Turkish Citizenship by Investment 2020 Which date is taken into consideration to determine the exchange rate for the bank receipts presented to evidence payment? It is better them to be here to see the property, once they decided to buy, then can give us PoA to follow up property purchase and complete the whole procedure. If the tenant is not paying rent on time, we will send him/her a warning letter. Point (b) The condition that the amendment of the regulation taken on the date of 12.01.2017 and for the immovable/immovables acquired in the date interval in which this directive entered into force shall not be required to be purchased with the same journal number. Prepare residency application documents for Client, his wife and children. If there occur any restriction, circumstance will be announced to Ministry of Internal Affairs. Turkey is always attractive, with its key … Discuss Client concerns and issues with Client. We have experts who will help you throughout the process for completing all the legal procedure from property search to purchasing the property. With the new regulation, it’s possible to become Turkish citizen by employing 50 personnel in your company. The whole citizenship procedure is completed within 4 months, Bank account opening only within 1 day, How to get Turkish Citizenship by Investment? The total amount of the Turkish passport's fee for 2020 is below. Turkey offers one of the best “citizenship by investment” programs to provide a safe haven for your family. Special purpose report approved by a Sworn-in Certified Public Accountant which shows the fixed capital amount (The report shall contain information regarding fixed capital investments made after the publication date of the regulations. The application for the acquisition of the real estate by sale will not be sufficient to determine the amount stated in the article, a valuation report will be demanded which accepted by SPK and prepared by an evaluation expert who have a valid licence and prepared properly for the evaluation standards. HOME; UK IMMIGRATION. ACQUIRING PROPERTY AND CITIZENSHIP; COST OF DOING BUSINESS; INVESTMENT ZONES; INCENTIVES GUIDE; TAX GUIDE; LEGAL GUIDE; LIBRARY. Some of our client give us PoA in their own country either at Turkish Embassy or local notary and apsotille. Several regulations published in the Official Gazette No. Accordingly, the Turkish Government introduced the option of obtaining a Turkish Citizenship via making an investment in Turkey, like other countries in the world, with certain reservations. Our team consists of 38 experienced personnel including lawyers and experts providing 7/24 assistance. Selling 16500 houses to foreigner in the first months of 2016 took up time of the real estate market especially. How long does the Turkish citizenship application process take? The transfer of the sale price should be realized through banks and should be supported by bank approved receipts when the price is deducted from the buyer account and deposited in the seller’s account (the bank approved receipts should be submitted to General Directorate of Land Registry before notification period). Yes, your wife and children under 18 or your dependent children over 18 can apply with the main applicant for the Turkish Citizenship by investment in 2020. Setting up a company $1500. Our Turkish citizenship attorneys are ready to assist you to file for Citizenship by Investment Programs.Our Turkish citizenship lawyers represent our clients from application until they get their Turkish Passport. Thanks to Ata Instutitional Consultancy, getting Turkish citizenship 250.000 USD is so easy. Legalixa Law Firm has been helping our clients to apply for Turkish citizenship with investment from various countries. Consultancy Services keyboard_arrow_down CONTACT US MORE INFORMATION TURKISH CITIZENSHIP BY INVESTMENT . However, this is not a blockade that makes the amount cannot be withdrawn by the holder of the bank account. Many of our suggestions for facilitating the citizenship process have been admitted by the government. The Advantages of Turkish Citizenship by Investment 2020 No minimum stay requirement. Turkey, the 5th most eligible RCBI market in 2020 according to the Investment Migration Market Eligibility Index, is a 2-for-1 investment migration market: It is not merely one of the world’s largest source countries for investor migrants; since 2017, it’s also hosted what in but a few short years has become the most popular citizenship by investment program globally, and by a wide margin. In this way a PoA is prepared by a local notary and attested by the Foreign Ministry of that country and after that it is attested by Turkish Embassy. Property Search service for finding the ideal property. It is ranked 39th in the world and 18th in Europe. As you are in a foreign country, you will have different needs. Yes, any property you buy is eligible for citizenship. Give procedures to us, focus on your work. With property investments priced from only $250,000, the Turkey CBI program offers excellent value for money, a simple application process, and a powerful passport. We have filed several citizenship applications with property purchase and many for bank deposit. When Turkey initially introduced its citizenship by property investment programme, the investment figure was set at $1 million. Expat Guide Turkey is a consultancy company offering umbrella services and services on immigration issues including work and residence permit, company formation and property management for foreigners in Turkey. You can learn your convenience status for being a Turkish citizen with the condition of property investment or other investment types. Also, the real estate should not have been purchased before January 12, 2017 by the foreigner himself, foreigner’s spouse or children. Naturally, real estate is becoming a very popular way of obtaining residency and citizenship.While Turkey is not the only country offering citizenship by investment, it is offering one of the most attractive Golden Visa programmes globally. following this amendment, on December 2018, Turkish government made new amendment which allows investors even invest on under construction real estate properties in order to get Turkey citizenship by investment. I would suggest options 1 and 2. If such real estate is purchased after September 19, 2018 and/ or such real estate is purchased with preliminary sale contract issued before notary public after December 7, 2018; the minimum value should be $250,000. Also, you can fill the contact form, our customer representatives will call you in a short time. Turkish Citizenship by Investment in 2020 Become a Turkish Citizen just by $ 250.000 Investment only within 4 months with our Turkish Immigration law Attorneys. a. We also have signed collaboration agreements with immigration agencies around the world. The government is working on expanding the application of citizenship in order to led up for foreigners to bring foreign currency investments to the country. The Turkish government reduces the amount of investment options in order to get Turkish nationality. Turkish Government is doing its best to reduce time. So, they can come see the property and give us PoA and can go back to their country in a couple of days. CASH DEPOSIT: A cash deposit of no less than $500,000 (USD) with a Turkish bank, maintained for a period of no less than 3 years, can also qualify you for Turkish citizenship in 2019/2020. The foreign currency amounts of the installments shall be determined based on the currency exchange rate of the Turkish Central Bank at the date of transactions regarding purchasing a real estate. When calculating for the fixed capital expenses for the applications to be submitted in following years, the expenses made in the last maximum 3 years shall be taken into consideration.d. Visit Visa; Tier 2 General Visa; Tier 4 General Visa; Partner Visas; Ancestry Visa; UK Visa Priority Service The foreigners will make a commitment about not selling this immovable or immovables for three years and registration request document for foreigners who request for citizenship and declaration of immovables by taking a commitment “within the scope of the 20th Article of the Regulation on the Implementation of the Turkish Citizenship Law, there is a commitment not to be sold within three years from the date of acquisition.” condition will be stipulated. Applying for Turkish citizenship by investment. All foreigners who are allowed to buy property in Turkey by Turkish law, may apply for Turkish citizenship by investment. Foreclosure, measure etc. Later on, the Turkish Government has significantly eased in minimum investment requirements from September 2018. Demand for Turkish passport has increased sharply during this period, and according to the Turkish Interior Ministry, in March, April and May 2020, an average of 1,333 investors managed to obtain Turkish Citizenship monthly. Our Turkish immigration lawyers also represent our clients in other immigration law issues including; extending resident and work permits, application for Turkish citizenship, filing a law suit to cancel any objections. Normally, in order to make a short-term residence permit application, the foreigner should enter Turkey with a valid visa, or by benefiting from a visa exemption. Turkish citizenship by investment – Capital Investment. 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