Purchasing real estate in Turkey offers a viable pathway to obtaining a second passport through its citizenship-by-investment program. To qualify, investors need to select one or more properties that meet the program's requirements, with a pivotal stipulation being that the combined value of the properties must be at least $400,000.
The process begins with the careful selection of eligible property, ensuring it aligns with the stipulated investment threshold. Upon making this investment, the prospective citizen must navigate through a series of administrative steps, which include registering the property and proving its value. The Turkish Ministry of Environment and Urbanization plays a key role here, as they must verify that the property meets the required value.
Once the investment and all necessary paperwork are in order, the citizenship application process can formally proceed. This phase is meticulous and involves thorough checks to ensure all criteria are met. Typically, the processing time for acquiring Turkish citizenship through real estate investment ranges from 6 to 8 months.
This duration reflects the time needed to thoroughly vet the applicant and the investment, ensuring that all legal requirements are fulfilled. Upon successful completion of this process, the investor is granted Turkish citizenship, which comes with the rights to live, work, and travel freely within Turkey and to other countries that offer visa-free access to Turkish citizens.
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