Turkey is one of the most popular tourist destinations in the world. It is a large transcontinental country that is strategically located and bordered by three seas. What makes Turkey the preferred choice is its connectivity with key markets via excellent transport links. Although Ankara is the capital city, the leading global city of Istanbul is still Turkey’s largest and main commercial as well as cultural center.
A transcontinental country benefitting hugely from its geostrategic location, Turkey is best known for its economic, cultural, and historic central city of Istanbul that embraces Europe and Asia on Bosphorus Strait.
From the breathtaking Mediterranean vistas to the eastern steppe, established with ancient ruins, Turkey definitely has an assortment of landscape and a rather wide range of activities that draw visitors from across the globe every single year on the line.
Once a popular stop along the Silk Route, Turkey is soaked in rich cultural history with the Romans, Byzantines, and Ottomans—all of whom have left their indelible marks, evident in the world-famous ruins and monuments.
Turkey began full membership negotiations with the European Union back in the year 2005, having been an associate member of the European Economic Community since 1963 and having reached a customs union agreement in 1995. The country’s currency is the Turkish Lira, and the official language is Turkish.
As for the Turkish passport, it provides its holders with visa-free or visa-on-arrival access to 110 destinations worldwide, including Hong Kong, Japan, and Singapore.
Full citizenship is granted to the applicant and includes family members. Furthermore, successful applicants are eligible for an E-2 Investor Visa in the USA for a five-year renewable period.
The Turkey Citizenship by Investment Program allows investors to gain an access to both the European and the Asian markets; apart from this, it also allows them to gain lifelong citizenship to a country that is in the process of full membership negotiations with the EU.
Launched back in January 2017, The goal of the Turkey Citizenship by Investment Program was to increase the country’s real estate sector’s growth and draw in foreign investment. The program gives candidates a variety of options for economic contributions to Turkish society, helping to grow the economy of the nation.
Some of the main benefits of this program are –
Once the applicants have decided on the qualifying investment option, a resident permit application should be made on the behalf of the family. The main applicant is thereafter required to open a bank account in Turkey.
The investment may be finished and the paperwork submitted to the government once all the required certifications and translations have been made for the application and documentation. The government then receives the application and starts the screening process, following which the applicant may be asked to appear in an interview.
Usually, the applications are reviewed within a period of 120 days, following which the citizenship documents are issued by the authority. Post this, the passport application documents can be submitted.
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