FAQ – Citizenship by Investment (CBI)

 

Thinking about acquiring Turkish citizenship through real estate investment?

The Turkish CBI program provides a straightforward path to citizenship for international investors who purchase property worth at least $400,000. With Turkish citizenship, you gain visa-free access to over 110 countries, the right to live, work, and study in Turkey, and the ability to benefit from Turkey’s favorable tax policies.

Our Q&A section answers essential questions about eligibility requirements, investment procedures, and the benefits of obtaining Turkish citizenship through real estate.

What Is the Application Process for Turkish Citizenship by Real Estate Investment?

The process of applying for Turkish Citizenship through real estate investment involves several key steps:

  1. Checking the Property and Obtaining a Valuation Report:
    A lawyer will ensure that the property meets the citizenship eligibility criteria. If the initial review is satisfactory, a valuation report will be requested to confirm the property’s value.
  2. Depositing the Investment Amounts:
    The client will be guided on how to properly deposit the required amount, including obtaining the exchange purchase certificate. We will assist in converting the funds to Turkish Lira (TRY) and transferring them to the seller’s account.
  3. Finalizing the Property Sale and Adding a 3-Year Unsold Annotation:
    To qualify for citizenship, a conformity letter from the General Directorate of Land Registry and Cadastre is required. A 3-year annotation is placed on the title deed to ensure the property cannot be sold within this period.
  4. Preparation of Required Documents:
    The lawyer will prepare and review all necessary documents, ensuring they are compliant with the application requirements. This includes checking all stamps and certifications.
  5. Obtaining Turkish PR (Residency Permit):
    Once the investment is made, the client must be present in Turkey to apply for a short-term residency permit, which is usually granted within a month of the application.
  6. Submitting Turkish Citizenship Applications:
    After securing the residency permit, the citizenship application is submitted using the approved documents, a process managed by the law firm.
  7. Submitting Fingerprints (Biometrics):
    Once the citizenship is approved, the client will submit their biometrics and receive their Turkish ID card and 10-year valid Turkish passport.

Can My Family Obtain Turkish Citizenship with Me Through the Citizenship by Investment Program?

Yes, under the Turkish Citizenship by Investment (CBI) program, your family can obtain Turkish citizenship alongside you. The principal applicant can include their spouse and children under the age of 18 at the time of the application. This means that once you successfully qualify for Turkish citizenship through investment, your immediate family members – your wife (or husband) and children below 18 years old – are also eligible to receive Turkish citizenship without needing to apply separately.

It’s a great opportunity for families seeking a secure future, greater mobility, and enhanced global opportunities. With Turkish citizenship, you and your family will enjoy the benefits of visa-free or visa-on-arrival access to numerous countries, high-quality education and healthcare, and the chance to live and work in one of the most vibrant economies in the world.

Where Should I Apply for the Turkish Passport Process?

The application process for obtaining a Turkish passport through the Citizenship by Investment (CBI) program must be handled by a licensed lawyer. Once you have selected a property or properties with a total value of no less than $400,000 USD, you will need to contact a qualified lawyer to begin the citizenship application.

Here’s a quick overview of the steps involved:

  1. Select Your Property:
    After ensuring that your chosen property meets the investment requirement, your next step is to engage a lawyer who is experienced in Turkish immigration law and the Citizenship by Investment process.
  2. Lawyer Handles the Application:
    Your lawyer will manage the entire application process on your behalf. They will ensure that all documentation is correctly submitted, including your property purchase, residency permit, and eventual citizenship application.
  3. Receive Your Turkish Passport:
    Upon successful approval of your citizenship application, your lawyer will guide you through the final steps, including collecting your Turkish ID and passport. The application for these documents is submitted to the relevant Turkish authorities through your legal representative.

Using a lawyer ensures that your application process is smooth, compliant with legal requirements, and fast-tracked where possible.

How Long Does the Turkish Citizenship by Investment Process Take?

The process of acquiring Turkish citizenship through the Citizenship by Investment (CBI) program typically takes between 6 to 8 months, but the exact timeline can vary depending on several factors. Here is a breakdown of the key stages:

  • Buying a Property:
    The first step involves purchasing a qualifying property or making an eligible investment in Turkey. The duration of this step depends largely on the investor’s decision-making process and the property acquisition procedures.
  • Obtaining the Title Deed & Residency Permit:
    Once the property is purchased, you must obtain the title deed (TAPU). With the title deed in hand, you can then apply for a temporary residency permit. This phase usually takes around 45 days.
  • Applying for Citizenship:
    After receiving your residency permit, you can apply for Turkish citizenship. The citizenship application process, including all due diligence and approval procedures, typically takes around 6 to 8 months.

While this timeframe offers a general overview, it’s important to note that some cases may experience faster or slower processing times based on individual circumstances or administrative requirements.

Which Currency Should I Use for Turkish Citizenship by Investment?

When applying for Turkish citizenship through the Citizenship by Investment (CBI) program, you can use various currencies to complete your investment. Accepted currencies include:

– US Dollar (USD)

– Euro (EUR)

– British Pound (GBP)

– Turkish Lira (TRY)

Foreign currencies such as USD, Euro, or Pound will be converted into Turkish Lira (TRY) based on the exchange rate provided by the Turkish Central Bank on the transaction date. This ensures transparency and standardization in the investment process. The conversion process is essential as it helps maintain a level playing field for all investors, regardless of their country of origin or the currency they choose to use.

Whether you’re investing in real estate, purchasing government bonds, or making another qualifying investment, your foreign currency will be exchanged according to the official rate at the time of purchase or transaction. This means that the amount you invest will be accurately reflected in Turkish Lira, which is crucial for meeting the minimum investment requirements outlined in the CBI program.

It’s important to note that exchange rates can fluctuate frequently due to market conditions. Therefore, it’s always a good idea to monitor exchange rates and consult your financial advisor to understand how the currency conversion may affect your total investment. Being aware of these fluctuations can help you make informed decisions about the timing of your investment and potentially save you money. Additionally, your financial advisor can provide insights into the best strategies for minimizing currency risk during the investment process.

Can I Buy Commercial Properties or Land to Obtain Turkish Citizenship by Investment?

Yes, you can obtain Turkish citizenship through the Citizenship by Investment (CBI) program by purchasing various types of real estate, including:

  • Commercial Properties:
    Investing in commercial properties such as office buildings, retail spaces, or warehouses qualifies you for the CBI program. These properties can also provide rental income, adding to your investment’s value.
  • Residential Properties:
    Residential real estate, including apartments and villas, is a popular option among investors. These properties not only allow you to secure citizenship but can also serve as homes or rental investments.
  • Land:
    Purchasing land is also eligible for the CBI program. If you invest in land with the intention of developing it in the future or using it for agricultural purposes, it can still qualify you for citizenship.

Regardless of the type of real estate you choose, the total investment must be at least $400,000 USD. All properties—commercial, residential, and land—count toward meeting this requirement, allowing you to diversify your investment strategy while pursuing Turkish citizenship.

Can I Initiate the Turkish Passport Application Process Remotely?

Yes, you can initiate your Turkish passport application process without needing to travel to Turkey initially. By granting a power of attorney to your lawyer, you can start the application online, making the process more convenient for international investors.

Important Points to Note:

  • Online Application:
    The process allows you to begin your application from abroad, simplifying your engagement with the Turkish citizenship application procedure.
  • Power of Attorney:
    You must provide your lawyer with a power of attorney, enabling them to act on your behalf throughout the application process.
  • Biometric Visit Required:
    Although you can start the process online, you will need to visit Turkey to complete the biometrics required for your residency permit. This step is crucial for finalizing your application and obtaining your Turkish ID and passport.

Overall, this flexibility in the application process is designed to accommodate the needs of international investors looking to secure Turkish citizenship through real estate investment.

How Many People Can Apply for Turkish Citizenship with One Title Deed?

A single title deed can be registered under the name of only one individual for the purpose of applying for Turkish citizenship. However, this main applicant can include their immediate family members—specifically their spouse and children under the age of 18—under the same application.

Key Points:

  • Single Title Deed Registration: Only one person can be the primary holder of the title deed.
  • Inclusion of Family Members: The spouse and children under 18 can obtain Turkish citizenship through the investment made by the primary applicant.
  • No Joint Applications: For instance, two separate families cannot apply for Turkish citizenship using a single title deed, even if the property’s value exceeds the combined minimum requirement (e.g., a title deed worth more than $800,000 USD). Each family must have their own individual title deed.

This structure ensures that the investment is clear and that citizenship applications are straightforward, allowing for a streamlined process for families looking to obtain Turkish citizenship through real estate investment.

What Options Do I Have if My Children Are Over 18?

If your children are above the age of 18, they will not be eligible to obtain Turkish citizenship directly through your application. However, you and your spouse can still secure Turkish passports, while your adult children have the option to apply for a residency permit.

Key Points:

  1. Citizenship for Parents:
    Both you and your spouse can apply for and receive Turkish citizenship through the citizenship by investment program.
  2. Residency Permits for Adult Children:
    Your children, even if they are over 18, can apply for a residency permit. This option allows them to live, work, or study in Turkey, although they will not have the same rights as citizens.
  3. Further Pathways:
    Once your children have established residency in Turkey, they may explore options to apply for Turkish citizenship on their own after meeting the necessary criteria, including residing in Turkey for a certain period and fulfilling other requirements.

This arrangement allows for your entire family to benefit from the advantages of residing in Turkey, even if your adult children need to follow a different pathway toward permanent residency or citizenship in the future.

Which Nationalities Are Eligible to Apply for a Turkish Passport?

Individuals of various nationalities can apply for a Turkish passport through the citizenship by investment program, with one notable exception. Here’s a breakdown of the eligibility:

  • Broad Eligibility:
    All nationalities are eligible to apply for Turkish citizenship through investment, making it an attractive option for many individuals seeking new opportunities.
  • Exclusion of Syrian Nationals:
    Syrian nationals are currently excluded from participating in the Turkish citizenship by investment program. This restriction is in place due to specific governmental policies.
  • Diverse Opportunities:
    Citizens from around the world, including those from Europe, Asia, Africa, and the Americas, can explore investment opportunities in Turkey to secure citizenship, benefiting from the country’s strategic location and robust economic environment.

This inclusivity allows for a diverse range of applicants to gain access to the many advantages associated with holding a Turkish passport.

What Are the Benefits of Obtaining a Turkish Passport?

Obtaining a Turkish passport comes with a myriad of benefits, making it an attractive option for international investors and their families. Here are some of the key advantages:

  • Lifetime Validity:
    Once issued, your Turkish passport is valid for a lifetime, offering long-term benefits without the need for frequent renewals.
  • Fast Processing Time:
    You can receive your Turkish passport in approximately 6 to 9 months, making it one of the quicker citizenship processes available globally.
  • No Minimum Residency Requirement:
    There are no mandatory residency requirements in Turkey after obtaining citizenship, allowing you to live anywhere you choose.
  • Comprehensive Medical Assistance:
    Holders of a Turkish passport have access to full medical assistance, including services provided by government hospitals, ensuring quality healthcare for you and your family.
  • Pension Program:
    Turkish citizens are eligible for a pension program, providing financial security in retirement.
  • Free Education:
    Enjoy access to free education in government schools and universities, making it an excellent opportunity for families with children.
  • Visa-Free Travel:
    A Turkish passport allows visa-free or visa-on-arrival access to 127 countries, enhancing your global mobility and travel options.
  • Investment Opportunities:
    Turkish citizenship opens up various investment avenues, including real estate, where you can benefit from rental incomes.
  • Easy Visa Access to the EU:
    Turkish passport holders have easier access to EU countries, facilitating travel and business opportunities within Europe.

Overall, obtaining a Turkish passport not only grants you citizenship but also a wealth of benefits that enhance your quality of life and global mobility.

What Is the Cost of Hiring a Lawyer for the Turkish Citizenship Process?

The cost of hiring a lawyer for the Turkish citizenship application process can vary based on your specific needs and the complexity of your case. Here are the key points to consider regarding legal fees:

  • Free Services Offered by Projects:
    Some real estate projects and developers offer complimentary legal services for the citizenship application process as part of their marketing strategy.
  • Personal Lawyer Costs:
    If you prefer to hire a lawyer for tailored assistance throughout the application process, you should expect to pay a minimum fee of $3,000 USD. This fee typically covers legal advice, document preparation, and representation throughout the application.
  • Additional Costs:
    Keep in mind that additional costs may arise depending on the specific services you require, such as notarization, translations, and other administrative fees associated with the application process.
  • Value of Professional Assistance:
    While hiring a personal lawyer involves an upfront cost, their expertise can streamline the process, ensuring that all documentation is correctly submitted and that you comply with Turkish regulations. This can save you time and reduce the risk of potential complications in your application.

Overall, understanding these costs can help you plan your budget effectively as you pursue Turkish citizenship through investment.

Is Learning Turkish Necessary for Turkish Citizenship or Residency?

No, you do not need to learn Turkish to obtain Turkish citizenship or a residency permit. The application processes for both citizenship and residency are designed to be accessible to international investors and do not impose language requirements. Here are some key points to consider:

  • No Language Proficiency Required:
    Applicants are not required to demonstrate proficiency in Turkish as part of the citizenship or residency application processes, making it easier for non-Turkish speakers to navigate the system.
  • Assistance Available:
    Many legal firms and consultants provide assistance in multiple languages, ensuring that you can receive guidance and support throughout the application process without needing to know Turkish.
  • Living in Turkey:
    While knowing Turkish can enhance your experience and integration into Turkish society, especially for daily interactions and local culture, it is not a prerequisite for citizenship or residency.
  • Cultural Integration:
    If you plan to live in Turkey long-term, learning Turkish can be beneficial for personal growth and social interactions, but it remains optional during the citizenship or residency application stages.

This makes the process more accessible to a wider range of applicants, allowing you to focus on your investment and future opportunities in Turkey.

Can I Sell My Property Before Three Years After Acquiring Turkish Citizenship?

No, if you are applying for Turkish citizenship through real estate investment, you should not sell your property before three years have passed. Here are the essential points regarding this regulation:

  • Three-Year Holding Requirement:
    The Turkish government imposes a condition that requires property owners to retain their investment for a minimum of three years after the acquisition. This rule is designed to ensure that the investment remains in the country and contributes to the economy.
  • Consequences of Early Sale:
    Selling your property before the three-year period can result in the loss of your citizenship application or revoke your granted citizenship. This is a critical aspect to consider when planning your investment.
  • Legal Implications:
    The condition of not selling the property is clearly stated in the title deed (Tapu) as part of the citizenship application process. It’s essential to comply with this regulation to avoid legal complications.
  • Long-Term Investment:
    While this requirement may seem restrictive, it emphasizes the importance of making a long-term investment in Turkey’s real estate market. Many investors find that holding onto their property for three years provides valuable opportunities for appreciation and rental income.

Understanding these regulations is crucial for anyone considering Turkish citizenship by investment, ensuring that your investment aligns with government requirements.

Can I Purchase Multiple Properties to Apply for Turkish Citizenship?

Yes, you can purchase multiple properties to apply for Turkish citizenship in Turkey. Here are the key details regarding this investment option:

  • Single or Multiple Properties:
    You have the flexibility to buy either one property or several properties, depending on your investment strategy and financial plans. The total value of your investments must meet the minimum requirement of $400,000 USD to qualify for citizenship.
  • Combining Properties:
    If you choose to invest in multiple properties, their combined value must equal or exceed the $400,000 USD threshold. This allows you to diversify your investments, potentially acquiring residential, commercial, or land properties that align with your interests.
  • Benefits of Multiple Investments:
    Investing in multiple properties can provide various advantages, such as:

    • Income Generation: You can benefit from rental income from several properties.
    • Investment Diversification: Owning different types of real estate can spread risk and increase potential returns.
    • Market Opportunities: With multiple properties, you can take advantage of various market segments and locations across Turkey.
  • Consultation with Professionals:
    It is advisable to consult with a legal expert or a real estate consultant to navigate the requirements and processes involved in purchasing multiple properties for citizenship. They can provide guidance on property selection, legal documentation, and application procedures.

In summary, purchasing multiple properties is not only possible but can also be a strategic approach to obtaining Turkish citizenship through investment.

Can I Apply for Turkish Citizenship if I Buy Property with a Mortgage Loan?

No, you cannot apply for Turkish citizenship through real estate investment if you purchase the property using a mortgage or loan. Here are the important points regarding this regulation:

  • Cash Purchase Requirement:
    The Turkish government requires that the property you buy must be paid for in full with cash from foreign sources. This means that any funds used for the property purchase should originate from outside Turkey and not be financed through local bank loans or mortgages.
  • Purpose of the Regulation:
    This regulation aims to ensure that the investment contributes directly to the Turkish economy and is not encumbered by debt. By requiring cash purchases, the government can maintain a straightforward investment process that aligns with the citizenship application.
  • Consulting Professionals:
    It’s highly recommended to consult with legal experts or financial advisors who specialize in Turkish real estate and citizenship matters. They can provide tailored guidance and help you understand your financing options while ensuring compliance with the relevant regulations.

In conclusion, to qualify for Turkish citizenship through real estate investment, you must make a cash purchase without the involvement of any mortgage or loan financing.

Can I Apply for Turkish Citizenship with a Property Paid in Installments?

Yes, you can apply for Turkish citizenship through the Citizenship by Investment (CBI) program using a property that you purchase via an installment plan. However, there are specific conditions you must meet:

  • Minimum Investment Requirement:
    You must ensure that your total payments reach at least $400,000 USD to qualify for citizenship. You can make this payment through a series of installments over time.
  • Proof of Payment:
    To initiate your citizenship application, you will need to provide clear evidence that you have paid the required amount. This involves presenting bank receipts and other documentation that verifies the payments made towards the property.
  • Starting the Application Process:
    Once you have met the payment requirement, you can start the application process for Turkish citizenship. It’s advisable to work with a qualified lawyer to ensure that all legal aspects are properly handled and that your application is complete and compliant.

Using an installment plan can make the investment process more manageable while still granting you the opportunity to gain Turkish citizenship and enjoy its numerous benefits.

Can I Apply for a Turkish Passport with a Travel Document?

No, you cannot apply for a Turkish passport using a travel document; you must declare your passport during the application process. Here are the key points to consider:

  • Official Passport Requirement:
    To apply for Turkish citizenship, you need to provide an official passport from your home country. Travel documents, while useful for international travel in certain situations, do not meet the criteria set by the Turkish government for citizenship applications.
  • Importance of a Passport:
    Your passport serves as a primary identification document and proof of your nationality. It is essential for verifying your identity and legal status during the citizenship application process.
  • Passport Declaration:
    When applying for Turkish citizenship, you will be required to declare your passport details, including the passport number, issuance date, and expiration date. This information is crucial for the processing of your citizenship application.
  • Consulting Legal Experts:
    If you have any questions regarding your eligibility or documentation for the Turkish citizenship application process, it is advisable to consult with a legal expert. They can guide you through the requirements and help you prepare the necessary documents.

In summary, having a valid passport from your home country is essential for applying for Turkish citizenship; travel documents alone are not sufficient.

Which documents are required for the Turkish citizenship application process?

To successfully apply for Turkish citizenship through the Citizenship by Investment (CBI) program, you must gather and submit the following documents. The requirements differ slightly for the main applicant, their spouse, and children under 18.

For the Main Applicant:

  • Biometric Photos:
    Eight copies of a 50×60 mm white background photo, without patterns, suitable for machine-readable documents.
  • Single Status Document:
    A legal document proving your single status.
  • Birth Certificate:
    An official copy of your birth certificate.
  • Passport Copy:
    A notarized and translated copy of the ID information page of your passport.
  • Power of Attorney:
    A draft provided by your law firm, granting them authority to act on your behalf.
  • Police Clearance Document:
    A document verifying that you have no criminal record.

For Spouse:

  • Biometric Photos:
    Two copies of a 50×60 mm white background photo, suitable for machine-readable documents.
  • Marriage Certificate:
    An official copy of your marriage certificate.
  • Birth Certificate:
    A copy or birth letter issued based on the birth certificate.
  • Passport Translation:
    A translated version of your spouse’s passport.
  • Police Clearance Certificate:
    A document verifying that your spouse has no criminal record.
  • Power of Attorney:
    A draft provided by your law firm.

For Children Under 18:

  • Birth Certificate:
    A copy or birth letter issued based on the birth certificate.
  • Passport Translation:
    A translated version of the child’s passport.

Is It Guaranteed to Obtain a Turkish Passport After Buying a Property Worth $400,000?

While purchasing a property valued at $400,000 USD is a significant step toward obtaining Turkish citizenship, it does not automatically guarantee that you will receive a Turkish passport. However, if you meet certain conditions, your chances are very high:

  • Clean Criminal Record:
    The primary factor that could affect your application is your criminal record. If you have no criminal history, your application is likely to be approved. Turkish authorities conduct background checks to ensure that applicants are law-abiding individuals.
  • Meeting All Legal Requirements:
    In addition to a clean criminal record, you must adhere to all legal requirements associated with the Citizenship by Investment program. This includes submitting all necessary documentation, proving the legitimacy of your investment, and following the outlined application procedures.
  • Application Approval:
    Once your application is submitted, it will be reviewed by the relevant authorities. If everything is in order, and your criminal record is clear, you can expect a favorable outcome.

In summary, while there are no absolute guarantees, as long as you have a clean criminal record and fulfill all application criteria, obtaining your Turkish passport is very likely.

Is Turkish Citizenship by Investment Granted for a Lifetime?

Yes, Turkish citizenship obtained through investment is granted for a lifetime. Here are the key points to consider regarding this lifelong status:

  • Lifetime Citizenship:
    Once you are granted Turkish citizenship through the investment program, you enjoy the same rights and privileges as Turkish citizens by birth. This includes the right to live, work, and travel freely within Turkey and access various social services.
  • Permanent Residency:
    Unlike temporary residency permits, which may require renewal and compliance with specific conditions, citizenship provides a permanent legal status. There are no limitations on your stay in Turkey.
  • Family Inclusion:
    When applying for citizenship by investment, your spouse and dependent children (under 18 years of age) can also obtain citizenship. This means that your family members will enjoy the same lifelong benefits, providing them with security and opportunities in Turkey.
  • Rights and Privileges:
    As a Turkish citizen, you have the right to vote, access government healthcare, and enroll in public education institutions. Additionally, you can benefit from various investment opportunities, including property ownership and business ventures.
  • Potential for Dual Citizenship:
    Turkey allows dual citizenship, meaning you can retain your original citizenship while enjoying the benefits of Turkish citizenship. This flexibility provides additional opportunities for international travel and business.

In summary, Turkish citizenship obtained through investment is a permanent status, offering you and your family lifelong rights and privileges within Turkey.

Is Learning Turkish Necessary for Turkish Citizenship or Residency?

No, you do not need to learn Turkish to obtain Turkish citizenship or a residency permit. The application processes for both citizenship and residency are designed to be accessible to international investors and do not impose language requirements. Here are some key points to consider:

  1. No Language Proficiency Required:
    Applicants are not required to demonstrate proficiency in Turkish as part of the citizenship or residency application processes, making it easier for non-Turkish speakers to navigate the system.
  2. Assistance Available:
    Many legal firms and consultants provide assistance in multiple languages, ensuring that you can receive guidance and support throughout the application process without needing to know Turkish.
  3. Living in Turkey:
    While knowing Turkish can enhance your experience and integration into Turkish society, especially for daily interactions and local culture, it is not a prerequisite for citizenship or residency.
  4. Cultural Integration:
    If you plan to live in Turkey long-term, learning Turkish can be beneficial for personal growth and social interactions, but it remains optional during the citizenship or residency application stages.

This makes the process more accessible to a wider range of applicants, allowing you to focus on your investment and future opportunities in Turkey.

Do I Need to Stay in Turkey for a Specific Period to Apply for Turkish Citizenship by Investment?

No, you do not need to stay in Turkey for a specific period to be eligible to apply for Turkish citizenship by investment. Here are the essential details regarding residency requirements:

  • No Mandatory Residency:
    Unlike some countries that require applicants to live within their borders for a certain duration before applying for citizenship, Turkey does not impose such a requirement. You can apply for citizenship immediately after fulfilling the investment criteria.
  • Investment-Focused Application:
    The Turkish citizenship by investment program is primarily based on your investment in real estate or other approved assets. Your application is evaluated based on the investment made rather than the time spent in Turkey.
  • Flexibility for Investors:
    This lack of residency requirement offers great flexibility for international investors. You can manage your investments without needing to relocate to Turkey full-time, allowing you to maintain your lifestyle and commitments abroad.
  • Post-Citizenship Residency:
    After obtaining citizenship, you are not obligated to live in Turkey. However, having a Turkish passport grants you the freedom to travel, conduct business, and access services in Turkey whenever you choose.
  • Consulting Legal Advisors:
    It is advisable to consult with legal professionals who specialize in Turkish immigration and citizenship laws to ensure that you meet all the necessary requirements and understand the implications of your investment.

In summary, there is no requirement to stay in Turkey for a specific period before or after acquiring Turkish citizenship through investment, allowing for a seamless and flexible process.

Is Turkish Citizenship by Deposit Investment in Banks Possible?

Yes, obtaining Turkish citizenship through deposit investment in banks is indeed possible. The Turkish government offers a Citizenship by Investment Program, which includes the option of acquiring citizenship by depositing a certain amount of money in a Turkish bank.

To qualify, the investor needs to deposit at least $500,000 or the equivalent in another currency into a Turkish bank account. This deposit must be maintained for a minimum of three years. The investment can be in the form of a savings account or other approved financial instruments, provided the funds are kept within the bank during this period.

One of the main benefits of choosing the deposit investment route is its simplicity. The process does not involve purchasing real estate or starting a business, making it a straightforward option for those who prefer a financial investment. Additionally, the funds remain accessible, as they are kept in a secure bank account that accrues interest.

Working with an experienced advisor is crucial to navigating the requirements and ensuring a smooth application process. They will guide you through opening a bank account, making the deposit, and completing the necessary paperwork. Once the deposit is confirmed, the citizenship application can be submitted, typically taking three to six months for approval.

In conclusion, acquiring Turkish citizenship through a bank deposit is a practical option for investors seeking a simple and secure investment pathway. With a clear set of requirements and the ability to earn interest on the deposited funds, this route provides an attractive alternative to other citizenship investment options.

Can My Dependent Child Over 18 Apply for Turkish Citizenship Based on My Investment?

No, children of investors who are over 18 years old are not eligible to apply for Turkish citizenship based solely on their parent’s investment, even if they are financially dependent. Here are some important points to consider:

  • Age Limit for Dependents:
    The Turkish citizenship by investment program defines dependents as children under 18 years of age at the time of application. Once a child turns 18, they are no longer considered a dependent for the purpose of this program.
  • Independent Application Required:
    If your child is over 18 and wishes to obtain Turkish citizenship, they must apply independently. This typically means they need to meet the investment criteria themselves or explore other avenues for citizenship, such as residency through work or study.
  • Financial Dependency Irrelevant:
    While financial dependency is a factor in many aspects of family law and immigration, it does not apply in this context for Turkish citizenship. The eligibility criteria strictly adhere to the age of the applicant.
  • Educational Considerations:
    If your child is pursuing higher education in Turkey, they may still apply for a student residency permit, allowing them to study and reside in the country legally. However, this status does not grant them citizenship by investment.
  • Consulting with Legal Experts:
    It is advisable to consult with a legal expert specializing in Turkish immigration law to explore all available options for your child, including pathways to citizenship or residency that may be available based on their unique circumstances.

In summary, while your dependent child can benefit from your citizenship and residency status, they must be under 18 years old to apply for citizenship through your investment.

How Many Times Will Applicants Need to Travel to Turkey During the Citizenship Application Process?

Ideally, applicants will need to travel to Turkey at least twice during the citizenship application process:

  • Initial Visit for Procedures:
    The first visit to Turkey is recommended for completing initial procedures related to your investment. This includes selecting a property, obtaining the title deed, and starting the residency permit application. Being physically present can help facilitate communication and ensure that you fully understand the process.
  • Second Visit for Fingerprinting:
    After your application for citizenship is approved, you will need to return to Turkey for the second time to submit your fingerprints. This step is essential for processing your residency permit and ultimately receiving your Turkish ID card and passport.
  • Alternative Options:
    If traveling to Turkey twice poses challenges, there are options available that allow you to proceed with your application remotely. We can guide you through the application process without your physical presence in Turkey, though certain conditions will apply. This may include providing necessary documentation and authorizing a lawyer or representative to act on your behalf.
  • Consultation with Legal Advisors:
    Engaging with legal professionals who specialize in Turkish citizenship by investment can provide clarity on the travel requirements and help you navigate the application process efficiently.

In summary, while two visits to Turkey are ideally recommended during the application process, it is possible to complete the citizenship application with professional guidance without physically traveling to the country under specific conditions.

Can We Change Our Names After Obtaining Turkish Citizenship?

Yes, applicants are permitted to change their names and surnames after obtaining Turkish citizenship. Here are some important considerations regarding this process:

  • Eligibility for Name Change:
    Once you have acquired Turkish citizenship, you can choose to adopt new Turkish names and surnames. This is a common practice for many new citizens who wish to integrate more fully into Turkish society.
  • Timing of the Name Change:
    If you are considering a name change, it’s important to note that the process must be completed before submitting your citizenship application. This means you should finalize any changes to your name or surname prior to starting the citizenship application process to avoid complications later on.
  • Legal Process:
    To change your name or surname, you will need to follow the legal procedures set by the Turkish authorities. This may involve submitting an application along with relevant documentation that supports your request for a name change.
  • Consulting Legal Experts:
    It is advisable to consult with a legal expert who specializes in Turkish immigration law to ensure you understand the requirements and procedures for changing your name effectively and legally.

In summary, you can change your name after obtaining Turkish citizenship, but this must be done prior to submitting your citizenship application. Taking the necessary steps to make this change will help you enjoy your new identity as a Turkish citizen.

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