Guide to calculating the cost of Turkish citizenship: Investment, marriage and other routes.
With its strategic location, rich cultural heritage and rapidly growing economy, Turkey has become an attractive destination for foreign investors and immigrants in recent years. Having Turkish citizenship offers many advantages for those living or investing here. However, it is important to be aware of the costs and processes required to obtain citizenship. In this article, we will examine the cost calculation for Turkish citizenship in detail.
Turkish citizenship refers to a person’s legal status and ties to the country. While citizenship allows individuals to benefit from the rights offered by the country, it also brings with it certain obligations. The advantages of having Turkish citizenship include free movement, the right to vote and the ease of starting a business in Turkey.
Types of Citizenship in Turkey
There are several ways to acquire citizenship in Turkey. These include citizenship by investment, citizenship by marriage, citizenship by birth and citizenship after long-term residence. Each pathway has its own requirements and procedures.
Citizenship by Investment
Citizenship by investment grants citizenship to foreign nationals in exchange for investing a certain amount in Turkey. This can be done by purchasing real estate, depositing bank deposits or starting a business. Citizenship by investment is a particularly attractive option for investors who want to contribute to the Turkish economy.
Citizenship through Marriage
Citizenship through marriage is a method where foreigners who marry a Turkish citizen can acquire citizenship if they meet certain conditions. The marriage must last at least 3 years and be a real marriage. In addition, applicants for citizenship through marriage must present a certificate of good conduct and reside in Turkey for a certain period of time.
Citizenship by Birth
Turkey is one of the countries that grants citizenship by birth. Children born in Turkey automatically become Turkish citizens if one of their parents is a Turkish citizen. However, if the parents are foreign nationals, certain procedures must be followed for the children to obtain citizenship.
Documents Required for Turkish Citizenship
Various documents must be prepared for the application for Turkish citizenship. These documents include passport, birth certificate, residence certificate, criminal record and application form. Depending on the type of citizenship applied for, additional documents may need to be submitted.
Citizenship Application Process in Turkey
The process of applying for citizenship in Turkey may vary depending on the type of application. In general, applicants are required to collect relevant documents, fill out the application form and submit an application to the relevant authorities in Turkey. The application process may take several months depending on the type of application and the accuracy of the documents.
Requirements for Turkish Citizenship
People who will apply for Turkish citizenship must fulfill certain conditions. These include residing in Turkey for at least five years, knowing the Turkish language and presenting a certificate of good conduct. In addition, a certain investment amount must be realized for citizenship through investment.
Cost Calculation for Turkish Citizenship
The costs of obtaining Turkish citizenship may vary depending on the type of citizenship applied for. These costs include application fees, document preparation costs and investment amounts. In citizenship by investment, the costs of buying real estate, investing in bank deposits or starting a business are important.
Cost of Citizenship by Real Estate Investment
Obtaining citizenship by investing in real estate in Turkey has become a popular option in recent years. Foreigners who purchase real estate worth at least USD 400,000 in Turkey can apply for citizenship. Real estate purchase and sale costs, title deed fees and real estate taxes are also part of these costs.
Cost of Citizenship with Bank Deposit Investment
It is also possible to obtain Turkish citizenship by investing bank deposits. At least USD 500,000 must be deposited in a bank in Turkey and kept in the bank for at least three years. Bank account operating fees and possible exchange rate fluctuations may affect these costs.
Cost of Citizenship through Starting a Business
Individuals wishing to obtain citizenship by starting a business in Turkey must employ at least 50 Turkish citizens. Business start-up costs include company incorporation costs, tax obligations and employee salaries. In addition, compliance with Turkish labor laws and regulations is mandatory.
Cost of Living in Turkey
The cost of living in Turkey can vary according to different regions of the country. While the cost of living is higher in big cities such as Istanbul, Ankara and Izmir, it is lower in rural areas. Expenditures for basic needs such as housing, transportation, food and education determine the cost of living in Turkey.
Tax Obligations in Turkey
Persons with Turkish citizenship are subject to the country’s tax laws. There are various types of taxes such as income tax, value added tax (VAT) and property tax. It is important for those considering citizenship by investment to consider the tax obligations and benefits.
Advantages of Turkish Citizenship
Turkish citizenship offers many advantages to its holders. These include a strategic location between Europe and Asia, the right to free movement, and the social and economic opportunities Turkey offers. There is also the possibility of visa-free travel to many countries with a Turkish passport.
Remedies for Rejected Turkish Citizenship Applications
There are several remedies for those whose citizenship application for Turkey has been rejected. Understanding the reasons for the rejection and addressing the shortcomings can be helpful when reapplying. Seeking legal advice and working with a specialized lawyer can also help in the application process.
Things to Consider When Applying for Turkish Citizenship
There are several important points to be considered when applying for Turkish citizenship. Documents must be prepared correctly and completely, the application form must be filled out carefully and the application process must be followed. It is also important to submit the appropriate documents for the type of citizenship applied for.
Alternative Ways to Obtain Turkish Citizenship
There are alternative ways to obtain Turkish citizenship other than investment. These include long-term residence, marriage and academic success. Each alternative has its own requirements and processes.
Dual Citizenship in Turkey
Turkey is one of the countries that allow dual citizenship. This means that individuals can be a citizen of Turkey and a citizen of another country at the same time. Dual citizenship allows individuals to enjoy the benefits that both countries offer, but in some cases it can also create complex situations regarding taxation and legal obligations.
Differences between Permanent Residence Permit and Citizenship in Turkey
There are some important differences between a permanent residence permit and citizenship. A permanent residence permit entitles individuals to reside in Turkey indefinitely, while citizenship provides full legal status and political rights. Citizenship provides additional rights such as voting and working in government offices.
Calculating the Duration of Residence in Turkey
The residence period required to apply for Turkish citizenship may vary depending on the type of application. In general, there is no specific residency requirement for citizenship by investment, while there is a five-year residency requirement for citizenship after long-term residence. When calculating th