Türkiye: A Strategic and Diverse Destination

Overview: Türkiye, strategically positioned at the crossroads of Europe and Asia, offers a unique blend of cultures, landscapes, and opportunities. With its capital in Ankara and Istanbul as its largest city, Türkiye is a major economic and cultural hub.

Key Facts:

• Population: 83.6 million

• Languages: Turkish, English

• Economy: Developed and industrialized

• Currency: Turkish Lira

Geography and Culture:

• Türkiye spans from Mediterranean vistas to ancient ruins in the eastern steppe.

• Historically significant as a stop on the Silk Road, its rich cultural heritage includes influences from the Romans, Byzantines, and Ottomans.

• The country is a member of key international organizations like the Council of Europe, NATO, and the G20, and is integrating with the EU.

Citizenship by Investment Program:

Benefits:

• Visa-free or visa-on-arrival access to over 110 destinations including Hong Kong, Japan, and Singapore.

• Citizenship offers a high standard of living and a Mediterranean climate.

• Eligibility for an E-2 Investor Visa in the USA after three years of residency.

Investment Options:

• Real estate: Minimum USD 400,000.

• Fixed capital contribution: Minimum USD 500,000.

• Turkish bank deposit: Minimum USD 500,000.

• Government bonds: Minimum USD 500,000.

• Real estate or venture capital fund shares: Minimum USD 500,000.

• Private pension system: Minimum USD 500,000.

• Job creation: At least 50 jobs.

Process and Timeline:

• Investment and documentation are completed in Turkish Lira.

• Applications are processed within three to five months.

• Includes biometrics submission and a visit to Türkiye.

• Citizenship documents are issued after approval.

Real Estate Investment:

Market Highlights:

• Minimum investment: USD 400,000.

• Attractive market with high rental yields (5% to 16%).

• Foreign buyers may acquire up to 30 hectares, excluding military zones.

• Property ownership requires a Turkish tax number and bank account for transactions.

Additional Expenses:

• Title deed fee: 2% of the property value.

• Local property tax and rental income tax apply.

For further assistance or detailed inquiries, seeking professional advice is recommended, especially regarding tax implications and legal requirements.