Citizenship by Investment
About the Program.
The Turkey Citizenship-by-Investment Program was launched in January 2017 to attract foreign direct investment and to boost growth in the country’s real estate sector. This program allows foreign investors to acquire citizenship under certain conditions. Applicants obtain an irrevocable citizenship and passport without having to reside in the country or renounce their current nationality.
Located in the heart of the Middle east and Europe, Turkey is separated by Anatolia by Black sea, Bosphorus, Marmara, Dardanelles and Aegean Sea. Turkey is one of the largest emerging markets in the world.
The country’s geographical location and overall global economic power makes Turkey an attractive place for investors worldwide. It is the 17th largest economy in the world with a nominal GDP of USD 849.48 billion, which is set to be part of the Trillion-dollar Club in 2020. Only 16 countries are in this club. Turkey’s cost of living makes the country one of the best locations for retirement.
To be eligible for citizenship of Turkey under its Citizenship by Investment Programme, applicant is required to make a property investment in Turkey’s real estate market.
DUE DILIGENCE & BACKGROUND CHECKS
Compulsory background checks are payable to the Government who appoints a preferred due diligence agency. These agencies use various international and local sources such as Interpol, World-Check and other Government agencies. Adeniyi Associates professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A detailed quotation with no hidden costs is provided for the specific case.
For each case, Adeniyi Associates assigns a Document Collection Specialist. The firm provides a customized service that streamlines the application process while requiring the bare minimum from clients. Our job is to make the document collection process as simple as possible for the client, and when required, we obtain the documents without their involvement. Please keep in mind that Adeniyi Associates will draw up a personalized checklist for your application.
The estimated time to receive citizenship approval depends on the due diligence processing time and the specific case.