Among those nations are the European Union countries, where agreements between Ankara and the Union to raise the travel document for Turkish citizens are still currently underway, and these agreements could consequence in granting the right of entry to Europe without a visa to holders of Turkish passports in the future.
It is important to note that investors can now acquire Turkish citizenship in exchange for property investment of at least $ 250,000, given that it is not sold for 3 years and that the owner has the opportunity to apply for Turkish citizenship under the purchasing property.
How to Apply for Turkish Citizenship?
Purchasing a property worth more than $250,000 USD rather than the initial estimate of one million dollars, on the status that the estate is not sold within 3 years. Amending the situation of depositing an amount of money in Turkish banks in exchange for citizenship, so that the deposit is already 500 thousand dollars rather than 3 million dollars.
Lessening the fixed investment required in return for citizenship from $2 million to $500,000. Creating a project that employs 50 Turkish citizens, despite the fact that it was required additional to employ 100.
Executive Actions Include:
According to the new provisions, which took effect after being published in the Official Gazette, any foreign person who meets the requirements can apply for Turkish citizen status.
To observe and follow up on the matters of Turkish citizenship candidates, a committee comprised of delegates from Environment, Social and Family Services, the Ministries of Interior, Labor, Treasury, Industry, Finance, Urban Development, and Technology will be formed.
Starting to open special offices to get the applications for Turkish citizen status and manage their affairs, and all these offices will be overseen by a committee comprised of the aforementioned ministries.
The Benefits of a Turkish Passport
- You can easily visit 77 countries that have visa-free agreements.
- Turkish passports are among the top 30 in the world.
- This passport allows you to receive free education and university reimbursement plans.
- You do not need a residency card during the required period.
- With this passport, you can participate in pension programs just like a Turkish citizen.
- You have voting rights in all kinds of elections.
- You are entitled to all medical services.
- The validity period of a Turkish passport is ten years.
Frequently Asked Question
Is a visa required?
British nationals visiting Turkey for tourism or industry will no longer require a visa for stays of up to ninety days within a 180-day time frame.
In Istanbul, what language do they speak?
Turkish is the primary language of Turkey, and English is commonly spoken in Istanbul; tourists are often shocked by how well most Turks speak English. An endeavor to use Turkish, on the other hand, is deeply appreciated and regarded as good manners.
What is Turkey’s Local Currency?
The Turkish Lira is the Republic of Turkey's official currency. Cash can be exchanged for Turkish Lira at swap offices and financial institutions.