As per Law on Foreigners and International Protection dated 2013, foreign nationals may apply for short term Turkish residence permit for touristic purposes. Foreign nationals who either rent an apartment or buys a residential property may apply for Turkish residence permit, allowing them to freely travel in and out of Turkey for 1 year. Subject to some restrictions, at the end of the residence term, they may apply for an extension of the Turkish residence permit for another year.
Ever since the 106th Turkish Presidential Order was announced on 18 September 2018, foreign nationals may also apply for Turkish citizenship through the exceptional method of Citizenship by Investment (CBI) program. As per CBI program, foreign nationals may apply for Turkish citizenship by one of the 3 ways given below:
- Purchasing a property worth at least 250,000 USD and registering a pledge not to sell it for 3 years
- Depositing 500,000 USD in a Turkish bank with a pledge not to withdraw it for 3 years
- Incorporating a company in Turkey with a capital of at least 500,000 USD payable prior to the incorporation
The top 10 most frequently asked questions on Turkish citizenship by investment program are answered on this informative LINK. For further information on Turkish citizenship by investment, you may also check this LINK and this ARTICLE.
Antalya lawyer Barış Erkan Çelebi provides legal consultancy services to foreign nationals on Turkish residence permits, Turkish citizenship applications and purchases of real estate in Turkey. These services include doing the background checks on the eligibility of the applications as well as their investments, advising them on the most practical and safest method of investments, informing them of the required documents, helping them procure the required documents and duly filing their applications for Turkish citizenship.