$75,000 Minimum Investment on Real Estate for Foreigners to Obtain Residence Permits:
According to the latest decision by the Presidency of Migration Management of Turkey, foreigners who wish to obtain short-term residence permits or family residence permits via purchasing immovable property in Turkey will be subject to a minimum value as part of updated criteria.
With the latest updates released by Migration Management of Turkey, it is possible to acquire a short-term residency permit via real estate purchase in Turkey.
So the foreigners who wish to obtain short-term residency permits or family residency permits now can be eligible by making real estate investments. The property’s minimum value is determined as $75,000 on real estate to be eligible for Residency Permit. This residency will last up to two years and will be renewed after two years unless the same conditions are met.
Application Methods for Turkish Citizenship Investor Program
The Turkish Investor Program is one of the most popular dual citizenship programs that empowers you to obtain a Turkish Passport. Investors of this program enjoy the freedom to live, work, and enjoy easy travel to the Schengen zone; by investing in real estate. Additionally, with the program, you can also have the right to work, establish a business. In addition, you may have access to education and health care services in Turkey for you and your family. You can easily have a Turkish passport and become a citizen of the Turkish Republic with full rights. Moreover, you may become eligible for Turkish citizenship when you purchase real estate worth at least $400,000 from any area of Turkey.
The most cost-effective option for investors to qualify for the Turkish citizenship program is to buy property in the country for a minimum value of $400,000. The property can be leased to provide rental income. After 3 years from acquiring citizenship investors can re-sell their property. Other alternative investment options include a business set-up as well as cash deposit.
Making investment in Turkey in one of the approved types
Obtaining the Approval Certificate
Residence Permit Application
Benefits of Turkish Citizenship Program
High standard of living
Fast relocation to the US
Fast relocation to the UK
No residency requirements
Potential return on investment
Fast citizenship application processing
Visa-free travel worldwide
Turkey allows for dual citizenship
Valid for life
Citizenship is transferable to descendants
Entire family are eligible
This includes spouses, children under 18 years old, and disabled children of any age