- July 13, 2020
- Posted by: admin
- Category: Blog
There are several components for the process of Turkish Citizenship by investment. Such as purchasing a property, obtaining conformity document, collection of the documents. Therefore, we require a reference point to answer the question of How Long Does it Take To Get Turkish Citizenship . If we take the application to the citizenship office as a starting point, we can say that Citizenship by Investment will take approximately 4.5 months. However, in order to understand the full picture, it is better to clarify each step.
Step 1- Searching a Property for Turkish Citizenship by Investment
As it is known and described earlier purchasing a property for Turkish Citizenship by investment is one of the most popular methods. The pre-condition for this method is purchasing a property with the value of 250.000-USD or the equivalent of foreign currency. Additionally, such property should be appropriate for the citizenship. In order to clarify the appropriation of the property it is suggested to seek the advice of a consultant. The length of the such process is subject to determination of the client.
Step 2- Evaluation Report for the Property
In order to apply for Turkish Citizenship by Investment the value of the property should be at least 250.000-USD or the equivalent of foreign currency. There are two control mechanism to prove the value of the property;
1- Evaluation Report
2- The bank receipts of the payment made by the buyer
Evaluation reports of the properties are obtained by the licensed firms. Such report shall be obtained approximately within 1 week after the application.
Step 3- Purchase of the Property for Turkish Citizenship by Investment
In order the make the application the property should be purchased. The amount of 250.000 USD is required to be paid in full to make an application. Such payment should be made directly from the buyer account to seller account. Alternatively, an authorised person with a power of attorney can make such payment on behalf of the buyer. The title of the property shall pass from seller to buyer through either a title deed transfer or a notarized sales agreement. Such process shall take 3-4 days.
Step 4- Annotation for the Property and Conformity Document for the Property
This step is an important milestone for the answer of How Long Does It Take to Get Turkish Citizenship by Investment?. As it is known, the properties purchased for Turkish Citizenship by Investment cannot be sold for three years. Such status of the property should be annotated to title deed records. Secondly, along with the bank receipts, evaluation reports, title deed or notarized contract an application made for the conformity document for the property. The duration for the conformity document shall be up to 15 days.
Step 5- Application for Citizenship Office for Turkish Citizenship by Investment
This is the final step before the approval of Turkish Citizenship. Also, the longest period affecting the question of “How Long Does It Take to Get Turkish Citizenship by Investment?”. Such application is made to Turkish Citizenship Office along with the documents. After the application of made the status of the applicant can be followed through the web site of the Interior Affairs Ministry. The application for Citizenship by Investment will be resulted within approximately 4.5 Month in this last step. In order to calculate the whole process, you can consider the durations in each step.
“How Long Does It Take to Get Turkish Citizenship by Investment?” is one of the most frequently asked questions from the clients. Additionally, it is observed that there is an information pollution about the answer. Such calculation is based on our over 500 individual applications for Citizenship by Investment. Please feel free to contact for your further questions.