Turkish Citizenship
Our Services includes company registration, VAT, employee register, bank account support, virtual office, legal address and directorship services.
There are two main reasons to seting up a business in Turkey that investors have.
First reason why is approving the citizenship by investment;
The Regulation Regarding Application of Turkish Citizenship Code was recently amended on 18th September 2018. In line with the new regulations in Turkish immigration law, foreign persons who would satisfy one of the below mentioned investment requirements are able to obtain Turkish Citizenships together with their family members:
According to this foreign people can get a Turkish citizenship and passport by those methods below;
1. Option (A) stipulates that a minimum amount of property investment shall be made for $250.000 USD (or the equal value in Turkish Lira), on the condition to not sell the property within the next 3 years.
2. Option (B) foresees to Deposit $500.000 USD in cash (or the equal value in Turkish Lira, Euros or other currency) with a condition to keep the monies at least for 3 years in one of the Turkish Banks.
3. Option (C) requires that a fixed capital investment shall be made minimum of $500.000 USD (or the equal value in Turkish Liras). This investment shall be confirmed by the Turkish Ministry of Industry and Technology.
4. Option (D) indicates that Turkish Citizenship could be obtained with the purchase of Turkish Government Bonds and Bills of $500.000 USD on the condition to hold them for at least 3 years. This investment shall be confirmed by the Ministry of Treasury and Finance of Turkey.
5. Option (E), foresees that it is also possible to acquire Turkish Citizenship by making an investment into a Turkish real estate investment trust, or alternatively with purchasing the shares of a Turkish Venture Capital Investment Fund with a minimum amount of $500.000 USD.
6. Setting up a company with 500.000$ capital at least or emloy 50 workers.
Second reason is having a company in Turkey to make trade with different countries such as The U.S.A, The E.U and many other easily.
The limited liability company is more suited for small companies. The incorporation procedure is straightforward, and its characteristics make it a favorite among foreign investors. Minimum one shareholder is required for this business and a minimum share capital of 10,000₺ The company is managed by a Board of Managers.
You need to registered Office address in Turkey at first, this is such a requirement for all companies in business.
To receive official government mail from governing agencies, such as Internal Revenue Administration and Social Security Department
Registered office details must be displayed on all company stationery and websites.
We can help you to set up a business with our experienced team for registered Office address in Turkey either with physical or virtual office address.
Let’s have a look at Citizenship process
1. Turkish Citizenship by Investment procedures will usually proceed
2. Obtaining new Turkish Tax ID Numbers
3. Opening a new Bank Account in Turkey
4. Identifying the Investment Property with our Real Estate Team
5. Issuance of the PoA (Power of Attorney)
6. Depositing the Invesment Amounts
7. Finalising the sale; registration of the property
8. Preparation of the Required Documents
9. Obtaining Turkish PR (Short-term Turkish Residency Permit)
10. Submitting Turkish Citizenship Applications
11. Submitting Fingerprints (biometrics)
12. Collection of new Turkish ID Cards & 10 Year Valid Turkish Passports.
Don’t get afraid if this process creates confusion we handle the whole process behalf of your name and only thing you do is just wait fort he process ends.
So how long does it take this process?
After completing the investment, application to the Turkish Citizenship takes formally around 3 to 4 months.
For further information don’t hesitate to contact with us.
Beneficial sides of Turkish Citizenship
1. Ownership of one of the Top Passports in the World
2. Turkish citizenship granted to all family members following submission of the documents and quick background check
3. Visa Free Travel for 116 countries
4. You can have a solid investment with regular income and at the same time you can obtain one of the most sought citizenships in the World
5. Turkish passport has 10 year validity and is renewable for life
6. Turkish Citizens can easily relocate inside the UK as well as EU countries vis a vis Ankara Agreement
7. Full Free Medical assistance for life for all family members in Turkish State Hospitals including coronaviruçs, cancer treatment.
8. New Turkey Identity Cards are also included.
9. No need to declare your wealth and source of investment for application.
10. Turkey allows Dual & Multiple Citizenships.
11. No Military Service required for TCBI Applicants
12. Official EU Candidate Country, prospective Visa Free travel to EU member countries, all 26 Schengen Zone.
13. Free Education and University Reimbursement Plans are provided
14. Turkish Passport delivered quickly within 3-6 months only