law@canaydin.av.tr
+90 542 150 43 13 / +90 542 150 13 85
Zeytinburnu / İstanbul / Türkiye

TURKISH CITIZENSHIPS BY BUYING GOVERMENT BONDS

Investor who buy at least USD 500,000 or equivalent foreign currency or Turkish lira worth of government bonds with the condition that they cannot be sold for at least three years, as attested by the Ministry of Treasury and Finance, gain the right to apply for Turkish citizenship in an exceptional way.

GOVERMENT BOND INVESMENT

The investor will open an investment account in one of the Turkish banks, and government debt instrument which is minimum amount of USD 500,000 or equivalent foreign currency or Turkish Lira will be purchased.

The investment account where government debt instrument is kept must be blocked for 3 years.

Investor, who has the right to sell, transfer, and cancel the citizenship process voluntarily by removing the blockage on its goverment bond .

Total values USD 500.000 calculated based on the effective sale rate of the Central Bank of the Republic of Turkey on blockage date.

Investor can obtain the benefits such as interest of the goverment bonds.

If Investor block out USD 500.000 on different date , the last blockage date realized is taken as the starting date of the 3-year minimum investment.

As long as the amount totals 500.000 USD, Investor can hold it more than one bank operating in Turkey.

CONFORMITY CERTIFICATE

Applications that meet the conditions specified in the Regulation are notified in writing to the General Directorate of Population and Citizenship Affairs and the General Directorate of Migration Management within 5 working days after the letter regarding the bond investment and blocking is received by the Ministry of Treasury and Finance.

 

The aforementioned letter sample is also sent to the relevant bank by the Ministry of Treasury and Finance in order to inform the foreign investor or his representative.

Our team make all applications for all documents to be delivered to the relevant ministry through the bank on behalf of investors.

APPLICATION FOR RESIDENCY

Investor will obtain residence permit as an investor for a one year period and other family members will wait for conclusion of their citizenship application. If other family members require a residence permit, they should visit Turkey with valid visa. However, investor does not have to visit Turkey to obtain residence permit.

When we collect certificate of conformity and below documents , we make online residence permit application for investor

DOCUMENTS REQUIRED FOR INVESTOR RESIDENCE PERMIT

1.Notary Certified Translations of Passports

  1. Certificate of Conformity

3.Two (2) biometric pictures and one jpeg version (50×60 mm and white background)

  1. Valid health insurance (Insurance period must cover the intended residence permit duration) We buy health insurance on behalf of applicants.

5.Residence permit payment receipt by tax office

  1. Investor’s Passport Visa Page (if any)
APPLICATION FOR TURKISH CITIZENSHIP
  • You can be a Turkish citizen with the condition that you can take back all investments along with legal revenues 3 years later.
  • Investor’s wife/husband and children under 18 years old have a right to apply for Turkish citizenship with the investor with the same investment amount. For children above 18 years old has to invest separately to be Turkish citizenship in this case
  • Turkish citizenship process will take approximately 3-4 months after lodging a citizenship application.
  • Investor do not need to renounce his/her existing citizenship. Turkey recognizes dual citizenship, regardless of the number of “second civil passports” that a foreign applicant has.
  • Investor can sell or withdraw investment amount at the end of 3 years period.
  • Investor does not have to live in Turkey to participate in the Programme.
  • Investor’s Turkish Citizenship will remain for a lifetime and your children will be born as Turkish citizens.

DOCUMENT REQUEIRED FOR CITIZENSHIP APPLICATION

1.Scaned Copy of Passports of All Applicants

  1. It is sufficient for applicants to submit one of the documents listed below, including their date of birth, place of birth, and parents’ names
  1. Family Registration Document*

(The document must contain all applicants’ date of birth, place of birth, mother and father name)

  1. Birth Certificate of All Aplicants*

(If family registration form can’t be obtained or the Family registration form does not contain required derails stated above )

  1. Marital Status Certificate/ Marriage Certificate/ Single certificate/ Divorce Certificate/ Death certificate of Spouse*
  2. Six (6) Photo for each Adult Applicants, Two (2) Photo for each Child Applicants(Biometric photo ,50x60mm,white background, identified and one jpeg photo of applicants.)
  3. Visa page of an Investor (if any)

*

If the document is obtained from signatory country of the Lahey Convention, it must be apostilled at issuing country.

If the document is obtained from non-signatory country of the Lahey Convention, It must be attested by the Ministry of Foreign Affairs and then Turkish Embassy of the issuing Country.

If the document obtained from Turkish authorities, it must be signed and sealed.

What is an Apostille?

The Apostille is a form of authentication issued to documents for use in countries that participate in the Hague Convention of 1961

APPLICATION FOR TURKISH ID CARD AND PASSPORT

An investor can obtain his /her Turkish ID card and passports thorugh the Provincial Directorate of Census and Citizenship of the settlement in Turkey If Applicants has any settlement adress in Turkey or Applicants can also obtain her/his identity card and Turkish passports through the Turkish embassy where they live by registration of fingerprints.

OBTAINING TURKISH CITIZENSHIP BY INVESTMENTS REMOTELY

Investor doesn’t have to visit Turkey in any step of Turkish citizenship program

Investor can remotely obtain Turkish citizenship by Goverment Bonds

To do this, Investor must give a power of attorney in his/her attorney , which investor can elaborate and validate at the Consulate of Turkey in the country of investor citizenship.

The power of attorney must be drawn up in Turkish language

Investor get an appointment with an authorised translator of Turkish consulate and be present at the appointment day with his/her pictures and passport, draft of the power of attorney that her/his lawyer send to investor.

TO GIVE A POWER OF ATTORNEY IN TURKEY

Investors can give power of attorney through Turkish notary. Investors need to have their pictures, tax number and passport with them .

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Maltepe Mah. Eski Çırpıcı Yolu Sk. No: 8 Parima Ofis Kat: 14 D: 176 Zeytinburnu / İstanbul / Turkey
+90 542 150 43 13 / +90 542 150 13 85
law@canaydin.av.tr

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