Introduction

Turkish citizenship through investment offers an attractive option for foreign investors in Turkey. While this process makes it possible to obtain Turkish citizenship through certain types of investments, it also includes various legal steps and issues to be considered. The article provides detailed information about the steps in this process.

• Real Estate Investment: A property purchase of at least 400,000 USD is required, and it must not be sold for three years. The property should be free from restrictions on sale to foreigners.
• Capital Investment: A minumum capital investment of 500,000 USD is required. This investment can be directed toward various sectors, considering its potential to generateemployment and contribute to the economy.
• Job Creation: At least 50 Turkish citizens must be employed. The employment must be documented and maintained consistently throughout the application process.
• Bank Deposit: A minumum deposit of 500,000 USD must be held in Turkish banks for at least three years. The funds must remain in the bank account without any withdrawals or transfers.

• Preparation of Documents: Collecting the necessary documents, filling out the application form, and completing the investment. Professional assistance is recommended to avoid common mistakes such as incorrect or missing documents.
• Online Application: Submitting the application online after teh investment is completed. Technical issues in the online system may cause delays, so regular monitoring is crucial.
• Approval from the Governorship: The investment must be approved by the relevant governorship. If the investment does not meet the requirements, the application may be rejected.
• Citizenship Application: After the governorship approval, the citizenship application is submitted to the Ministry of Interior. Providing incorrect or incomplete information may result in rejection or delay of the application.

• Bureaucratic Obstacles: Incomplete or incorrect documents can lead to delays in the application process. Professional consultancy is recommended to navigate the bureaucratic hurdles.
• Verification of Investment: If the ınvestment is not deemed appropriate by the authorities, the application may be rejected. It is essential to carefully choose the type and area of investment.
• Language Barrier: Foreign investors may face difficulties understanding Turkish documents. It is advisable to use sworn translators to ensure accurate translation and understanding of the documents.
• Evaluation of Investment Options: Each investment type has its own set of advantages and disadvantages. Investors should choose the investment type that best suits their situation.

• Seek Professional Consultancy: Given the complexity of legal processes, obtaining professional consultancy ensures a smooth application process.
• Careful Preparation of Documents: Ensuring that all documents are complete and accurate increases the chances of the application being accepted.
• Plan Your Investment Carefully: Consider the long-term return potential and risk factors when evaluating investment options.
• Stay Updated on Regulations: Turkish regulations may change over time. Make sure to stay informed about latest requirements before starting the application process.

Obtaining Turkish citizenship by investment presents a significant opportunity for foreign investors. However, it is crucial to carefully follow the legal steps and anticipate potential cahllenges to successfully complete the process.