Turkey offers citizenship by investment, providing a unique opportunity for foreigners to obtain a Turkish passport. Here’s an overview:

*Eligibility Criteria:*

1. Age: 18+
2. Clean criminal record
3. Pass background check
4. Meet investment requirements

*Investment Options:*

1. *Real Estate Investment:* $250,000 (previously $1 million)
– Purchase a property in Turkey
– Hold for 3 years
2. *Fixed Capital Investment:* $500,000
– Invest in a Turkish company
– Create jobs for at least 50 Turkish citizens
3. *Bank Deposit:* $500,000
– Deposit in a Turkish bank
– Hold for 3 years
4. *Government Bonds:* $500,000
– Purchase Turkish government bonds
– Hold for 3 years

*Application Process:*

1. Choose investment option
2. Gather documents:
– Passport
– Birth certificate
– Marriage certificate (if applicable)
– Proof of investment
3. Apply for residence permit
4. Submit citizenship application
5. Background check and interview
6. Receive citizenship approval
7. Take oath of allegiance

*Benefits:*

1. Turkish citizenship and passport
2. Visa-free travel to 110+ countries
3. Right to live and work in Turkey
4. Access to Turkish education and healthcare
5. Eligibility for E-2 visa to the United States

*Timeline:*

1. Residence permit: 2-3 months
2. Citizenship application: 3-6 months
3. Background check: 1-2 months
4. Total processing time: 6-12 months

*Fees:*

1. Application fee: TRY 15,000 (approximately $2,500 USD)
2. Citizenship fee: TRY 5,000 (approximately $850 USD)
3. Other administrative fees: TRY 5,000-10,000 (approximately $850-$1,700 USD)

*Tax Implications:*

1. No tax on worldwide income
2. Tax residency in Turkey after 6 months
3. 20-30% tax on Turkish-sourced income

Consult with a licensed immigration attorney or expert to ensure compliance with Turkish regulations and a smooth application process.

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