Buying Property for Turkish Passport

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• مارس 3, 2023
• BlogEN
• Buying Property for Turkish Passport, Turkish Passport
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Buying Property for Turkish Passport

buy several residential properties with a total value of 400 thousand dollars instead of buying a property worth 400 thousand dollars to get a Turkish passport?

It is not possible to purchase multiple residential properties worth a total of $400,000 instead of buying a single property worth $400,000 to obtain a Turkish passport through the country’s Citizenship by Investment Program. The program requires a minimum investment of $400,000 in real estate, but it must be a single property and not multiple properties. Additionally, there are other requirements that must be met, such as holding the property for at least three years and not selling it within that time period.

Sure, here is some additional information about Turkey’s Citizenship by Investment Program:

To qualify for the program, the applicant must make an investment of at least $400,000 in real estate in Turkey. The investment must be made in a single property, and not in multiple properties. The property can be used for residential or commercial purposes, and can be rented out for income.

In addition to the real estate investment, there are other requirements that must be met to obtain Turkish citizenship through this program. These include holding the property for at least three years, having a clean criminal record, and passing a Turkish language proficiency test. The applicant’s spouse and children under the age of 18 can also be included in the application.

If the application is approved, the applicant and their family members will be granted Turkish citizenship and will be able to enjoy all the benefits of being a Turkish citizen, such as visa-free travel to many countries and access to the country’s healthcare and education systems.

It’s important to note that the process of obtaining Turkish citizenship through this program can take several months and may involve additional costs, such as legal and processing fees. It’s recommended to work with a reputable immigration lawyer or consultant who is familiar with the process to ensure a smooth application