Turkey Citizenship for Indian Citizens
Indian investors are known to seek door-opening scenarios that pave the way for brighter prospects. In this instance, and among all other possibilities, Turkey citizenship for Indian citizens stands in the spotlight. As a member of the International Monetary Fund (IMF), United Nations, NATO, and the World Bank, Turkey unlocks access to a spectrum of extraordinary development opportunities both individually and globally.
Advantages of Turkey Citizenship for Indian Citizens
In terms of visa-free travel, the Indian passport ranks 84th and allows visa-free travel to approximately 59 countries, while the Turkish passport ranks 52nd and allows visa-free travel to around 111 countries – which is almost double the number of countries allowed with an Indian passport.
Turkey is wealthy with its geographical location, historical significance, natural gorgeousness, strategic importance in connecting East and West, and pleasant climatic conditions.
Having had outstanding growth in technology and infrastructure, Turkey attracted foreign investments and capital, which played a vital role in developing industries and trade to an international level.
Also, entrepreneurs who aim to establish and build a business in Turkey will not need to worry about complicated procedures that come with it.
As significant highlights, Turkey permits dual citizenship by law, and its government provides pension programs and retirement plans for all citizens.
A Turkey citizenship for Indian citizens grants accesses to a high standard of living, alongside advanced free education, excellent health amenities, and a very safe environment.
But the main advantage of becoming a Turk lies in the abundance of business opportunities in the Anatolian nation. Turkey is rapidly becoming a major economic superpower, and its location between Asia, Europe, and the MENA region means it is perfectly situated to run a global enterprise.
Requirements of Turkey Citizenship for Indian Citizens
The requirements for Turkey citizenship for Indian citizens through investment are quite simple; have a clean criminal background, making a qualified investment, and submitting a full application.
A citizen of India can obtain Turkish citizenship and a passport through multiple types of investments. According to official regulations, Turkish citizenship investment options include:
- Investment of USD 500,000 in a Turkish bank,
- investment of a minimum of USD 500,000 in fixed capital,
- purchase of a Turkish Venture Capital Investment Bond or investment of a USD 500,000 in the Turkish real estate investment trust,
- purchase of Turkish government bonds for USD 500,000,
- Or acquire immovable property for a minimum of USD 250,000 (INR 18,560,000).
The option of purchasing property has proved to be the most popular one to date, as it is cost-effective, safe, and even profitable.
After purchasing a convenient property for citizenship or meeting the criteria for another investment option, it only takes four to six months (Depending on documents and dependents) for a Turkish passport to be issued and received.
The process is effortless, no tests are required throughout the process, and the main applicant can include their spouse and as many dependent children under the age of 18 as desired without any additional investments.
How to get Turkish Citizenship from India?
The Turkish citizenship program is simple and can be done step-by-step remotely or in person.
Upon arrival in Turkey, Indian nationals will view the property, open a bank account, and obtain a tax number. The applicant must first evaluate the property through a certified party, then move on with the purchase and collect all required and supporting documents to apply.
Reliant on status and circumstances, the documents required for a Turkish Citizenship by Investment entail but are not limited to a valid passport, residence permit, birth certificate, photographs, tax payment receipt, appraisal report, bank receipt, a title deed, and a marriage license (if applicable).
The preparation of a complete application might require the support of an informed and experienced consultancy, who can assist the applicant in the entire process from beginning to end.
ِA great advantage Indians have is the sheer efficiency of the Turkish consulates in India which provide hands-on assistance in granting power of attorney to Turkish lawyers. There are four consulates throughout the country in New Delhi, Kolkata, Hyderabad, and Mumbai; ensuring Indian nationals throughout the country have easy access to administrative and official services such as submitting biometrics, notarization of documents, and more.
Turkey does not require any proof of income or source of funds on citizenship applications, and the investment amount can simply be transferred to a Turkish bank from any jurisdiction globally. Since opening a bank account in Turkey is extremely simple for Indian nationals, and the entire process can even be done remotely, getting Turkey citizenship for Indian citizens has never been easier.
Legal Consultation within the Scope of Turkey’s CBI
Before purchasing a property, it is advisable that applicants prepare a wish list that specifies the type of property they want, arrange a viewing tour if needed, negotiate the price, and pay a deposit.
Indian nationals need to provide a copy of their passports and a utility bill to open a bank account in Turkey and finalize the purchase, through which they will pay for the property of their choice.
Visa-free destinations | Visa on arrival destinations | Capital control regulations | EU trade agreement in place | Eligible for USA E2 Treaty Visa | |
Indian Passport | 25 | 33 | Yes | No | No |
Turkish Passport | 75 | 36 | No | Yes | Yes |
During the process, Indian nationals can attain lawyer support for assistance with negotiations, customized agreements, and standard checks.
A lawyer will recommend a trusted estate agency via legal research and due diligence and secure the property by a reservation contract.
We at Smart Citizenship understand the importance of having a good partner when pursuing second citizenship, which is why we have a professional team of seasoned experts who will analyze your case, provide you with the most suitable real estate for your needs, and assist you through the application process.
Simple, Quick, and Profitable
Gaining Turkey citizenship for Indian citizens has never been this easy. The country has perfected its citizenship by investment program to the point that it is one of the world’s simplest, quickest, and most profitable investment migration options.
The benefits of becoming a Turkish national are too many to list, and the hurdles to becoming one are almost non-existent.
While the process may seem daunting at first, it is actually quite simple; all you need to do is contact Smart Citizenship today for a free, comprehensive consultation.
You can read our previous post on https://smartcitizenship.com/golden-vs-d7-visa-which-portuguese-immigration-route-is-right-for-you/
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