- What is citizenship by investment?
- Which types of investments are recognised?
- Can family members also become citizens?
- How long does the application take?
- Is there a prohibition of sale?
- Most frequently asked legal questions
Citizenship by investment is one of the most preferred legal routes for foreign investors in Turkey. This route can provide a significant advantage especially for those who have long-term plans to stay in Turkey for economic, social and family reasons. However, the most frequently asked question in practice is which type of investment is valid for citizenship.
The most common method of citizenship by investment is the acquisition of immovable property. Apart from this, alternative ways such as deposits, capital investment or employment creation may also come to the agenda. However, the choice of which route to take depends on both the economic preference of the applicant and legal compliance.
One of the frequently asked questions is whether spouses and children can be included in this application. In practice, the status of family members is assessed separately depending on the type of application. Therefore, the status of the applicant alone and the status of family members may not be the same. File integrity is very important here.
Another important question is how long the application will take. This may vary depending on the completeness of the file, the accuracy of the documents, the security investigation and the intensity of the administration’s procedures. The completeness of the title deed, expertise and conformity documents directly affects the process, especially in applications made on immovable property.
The prohibition of sale or the obligation not to transfer for a certain period of time is another frequently asked issue. There may be some time restrictions to protect the authenticity of the investment and to ensure that the legislation is used in accordance with its purpose. Violation of these obligations puts the citizenship file at risk.
The most critical issue in citizenship by investment is whether the investment was actually made in accordance with the legislation. Not only the amount, but also the nature of the investment and its correct processing in official documents are important. A wrong transaction can invalidate the whole process.
In conclusion, citizenship through investment can be a fast and effective way; however, it is necessary to proceed with holistic legal planning, not on the basis of individual questions. For this reason, it is the best approach to make a professional assessment before the application.