Investing in Turkey
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Investing in Turkey and examining its conditions
Turkish passport is the 30th top passport in the world. The country also has significant economic growth. Turkey’s unique climate and culture make it a good destination for migration and living. Investing in Turkey is one of the easiest and least hassle-free ways to get residency in this country. In this article, we intend to discuss the investment methods in Turkey for obtaining residency as well as the investment conditions in Turkey.
Buying a property is one of the best ways to invest in Turkey. Click on the button to view the comprehensive database of residential projects.
General conditions for investing in Turkey
Turkey is an Eurasian country bordering the Mediterranean Sea and neighboring Europe. Turkey covers an area of more than 783,562 square kilometers and has a population of 77 million. The Turkish economy has experienced a good situation in recent years and has grown significantly. Turkey is also ranked seventh in the world in terms of agriculture and livestock. All this has made Turkey a good destination for investment. In order to attract foreign capital, the country has provided benefits for investors, one of which is the granting of residence in Turkey. Click here to study the conditions of foreign investment in Turkey.
Benefits of investing in Turkey
- Turkish passport is one of the top 30 passports in the world.
- Turkish passport is valid for ten years and can be extended for life.
- There is no condition for being in Turkey.
- Free education is available for Turkish citizens.
- Possibility of visa-free travel to Schengen countries and Europe.
- Family members receive free medical care.
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The process of obtaining a residence permit in Turkey takes about 3 to 6 months, although last year this time was reduced to 2 months. In other words, if a person is applying for residence in Turkey, he can obtain residence in this country within 2 months through investment. The Turkish government accepts dual citizenship, so the applicant does not need to lose their current citizenship.
Analysis of investment standards in Turkey
As mentioned, many people invest in Turkey to get a residence permit. In this section, we examine the standard indicators of investment in Turkey. These indicators include areas such as investment security, the risk of government abuse of investor capital, the security of commercial contracts by the government as well as the security of the judiciary.
Invest in Turkey to obtain Turkish citizenship
One of the easiest ways to get residency in Turkey is to invest in Turkey. In this way, the investor can obtain a residence permit in Turkey not only for himself but also for his family. The family includes the individual's spouse and children under the age of 18 who are under his or her care. If you are applying for residency in Turkey, you can invest in this country by investing in Turkey by buying a property, investing in Turkey by registering a company and entrepreneurship, and investing in Turkey by issuing government bonds, stocks and deposits. Get a residence permit in this country for your family. In the following, we will introduce each of the investment methods in Turkey and examine its conditions.
Invest in Turkey by buying a property
One of the safest ways to invest in Turkey is to buy property in Turkey. Applicants for a residence permit in Turkey can obtain a residence permit in Turkey by purchasing a property worth $ 250,000. To obtain citizenship through the purchase of property in Turkey, the purchased property must remain in the possession of the person for 3 years and will not be allowed to sell the property. Of course, it is also possible to obtain temporary residence in Turkey by buying a property for a lower amount. However, in this type of residence, the applicant will not be allowed to work in Turkey. The length of stay is 3 years, which of course can be extended. The minimum value of the purchased property is 60,000 US dollars. If the applicant can find a job and the employer hires him / her, he / she can change his / her visa to a work visa and get a job. Be sure to note that an official work permit is required to work in Turkey.
Invest in Turkey through company registration and entrepreneurship
Another way of investing is to register a company in Turkey, which, although it requires less capital in exchange for buying a property, but at the same time, special conditions must be provided by the applicant. The minimum male capital required to register a company is 10,000 Turkish lira (US $ 2,600). Your company must provide employment opportunities for at least 50 Turkish citizens. In fact, in the company registration process, the most important thing is to create job opportunities (work in Turkey) and create jobs for Turkish citizens. Of course, your company's business plan must also be approved by the Turkish Ministry of Labor.
Invest in Turkey through government bonds, stocks and bank deposits
One of the safest ways to invest in Turkey is to buy bonds and stocks in this country. The capital required to obtain residency in this way is more than the previous two methods. In other words, the minimum capital required to obtain a residence permit in Turkey through bonds is at least US $ 500,000. However, the investor does not have the right to sell these bonds and withdraw his capital for 3 years. Contact our experts for more information on investment methods in Turkey.
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