Government facilities to grant Turkish citizenship to foreigners

The Turkish government provided many facilities for those wishing to obtain Turkish citizenship, and this made it the first choice for many interested in obtaining a second citizenship, and it was preferred over European nationalities that impose many difficulties.

In this article, you will learn about the many transformations and fluctuations that have occurred in the law of obtaining it over the past periods, as well as many aspects and details related to it will be highlighted.

The most prominent government facilities for granting Turkish citizenship

In an effort to attract more investment and boost economic growth, the Turkish government recently announced that it is raising the minimum amount required to qualify for Turkish citizenship from $250,000 to $400,000.

This step is expected to have a significant impact on foreign investment and economic development in Turkey, as it will open new opportunities for foreign entrepreneurs looking to invest in the country's growing economy and also facilitate the upper limit for foreigners who want to become permanent residents and citizens of Turkey without having to invest hundreds of dollars. Thousands of dollars.

Recently, the Turkish government has taken a step to facilitate the acquisition of citizenship for foreigners. They have reduced the value of required bank deposits from $3 million to $500,000. This step is not only beneficial for foreign investors and businessmen, but also for the economy as a whole.

With this change, more foreign investors will be attracted to Turkey due to the ease of obtaining citizenship and this can lead to an increase in economic activity in the country, while investing more money in business and infrastructure projects and the flow of money will also ensure that there is sufficient financing available for vital public services. Such as health care, education and other social welfare programmes.

The Turkish government recently lowered the value of the appropriate business investment required for foreign nationals to obtain citizenship from $2 million to $500,000. By doing so, the government is opening its doors wider to welcome foreign investors looking to make a real impact on the country's economy.

This decision has already made Turkey a more attractive destination for investors who are seeking citizenship in a new country and they will not only be able to invest in promising sectors such as technology and energy, but they will also benefit from the various perks that come with citizenship.

The importance of obtaining Turkish citizenship

The Republic of Turkey is an attractive place to live and work, as well as a great investment opportunity. Its favorable tax system, high standard of living, and strategic location make it an ideal base for both individuals and companies. As such, many people are now looking to obtain Turkish citizenship.

Obtaining Turkish citizenship brings many benefits as it provides its holders with the right to live in the country without any restrictions on their ability to work or travel within the country and also gives them access to a wide range of social services, including health care services and public education, in addition to that Its holders have access to visa-free travel to more than 90 countries around the world, making it easy for them to explore new opportunities outside their home country.

Moreover, obtaining Turkish citizenship can also be beneficial from a financial point of view, as Turkey has one of the most favorable tax systems in Europe and offers many incentives to foreign investors who want to expand their business in the region. Finally, its holders are entitled to preferential treatment when applying. have applied for loans or mortgages in Turkey due to their status as citizens of the country.

Papers required to obtain Turkish citizenship

The applicant must be able to prove their identity and this can be done with a valid passport or national identity card. In addition, applicants must provide proof of their current residence and this is usually done by submitting a rental agreement or utility bill showing your current address.

When applying for Turkish citizenship, it is important that all potential citizens be able to prove that they do not have a criminal record inside and outside Turkey.

Cases of withdrawal of Turkish citizenship from its bearer

Under Turkish law, citizenship may be revoked from citizens if they are found guilty of treason or espionage; if they have committed criminal acts against state security; or if they have been convicted of terrorist or organized crime.

The Turkish government has the right to revoke the citizenship of any of its citizens, if they do not comply with the state regulations in accordance with the law. If a citizen commits any act that harms national security or public order, he may lose his citizenship. This also applies to people who are caught engaging in activities that may harm Turkey's international reputation.

Specifications of the property suitable for Turkish citizenship

Since real estate investment is the most important way to apply for citizenship, we will talk briefly about the most important conditions that must be met in the property, which the buyer must fulfill in order to be able to obtain it through the following paragraph:

- As we mentioned above, the price of the property must be at least $400,000.

- The property must be kept for at least three years before the decision to sell is made.

- It must be paid through a Turkish bank.

- It must be verified that the property has not been previously used in order to obtain it.

- The property must be purchased from a Turkish seller, whether an individual or a company.

- Issuance of the real estate appraisal document that controls the price of the property and prevents its increase or decrease.

Advantages of buying real estate through istHomes Real Estate:

- We have a wide range of luxury real estate in Istanbul that satisfies and suits all tastes.
- We have a specialized team in the Turkish real estate market that accompanies you from the beginning of your journey to buy a property in Turkey until you get what you want.
- We help you find the best real estate prices in Turkey because of our strong relationship with various construction companies and residential projects.
- Distinctive offers that we offer you within the finest residential complexes in Turkey.

The idea of ​​buying real estate in Turkeyhas become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.

Do not forget that investing in real estate in Turkey is only a way to gainTurkish citizenshipor real estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.

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