Obtaining Turkish citizenship by purchasing shares
Obtaining Turkish citizenship by purchasing shares is one of the exceptional ways to acquire Turkish citizenship.. As we will see in this article from Ebla Real Estate.
Obtaining Turkish citizenship by purchasing shares:
Undoubtedly, a foreigner can obtain Turkish citizenship by buying shares and investing in a Turkish company for an amount of 500,000 $ or more. Purchasing shares means buying a non-public company completely or becoming a partner of the company, with an amount not less than USD 500,000 or in a different foreign currency or Turkish lira equivalent.
Conditions for obtaining Turkish citizenship by purchasing shares:
- Investing in the stock market or buying shares in a Turkish company with a value of not less than 500,000 $.
- Approval of your investment by the Turkish Ministry of Industry and Technology.
- Not withdrawing the capital before the lapse of 3 years from purchasing the shares.
Documents required to apply for Turkish citizenship by purchasing shares:
- The application for obtaining Turkish citizenship with the signature of the investor.
- Valid passport and notarized Turkish translation of the passport.
- Four (4) passport-sized biometric photographs.
- Double-sided copy of residence permit.
- In addition to a special purpose report with the approval of YMM (Certified Public Accountant) showing that a minimum of 500,000 USD or a different foreign currency or Turkish lira equivalent has been invested.
- If the capital investment related to the application is made through a legal entity, the Turkish Trade Registry Gazette record showing the capital amount and shareholding structure of the legal entity that made the fixed capital investment.
Advantages of obtaining Turkish citizenship by purchasing shares:
- The family members of the investor (the wife and children under the age of 18) are granted Turkish citizenship.
- Moreover, the period of obtaining Turkish nationality through the purchase of shares does not exceed two months from the date of submission of the application.
- Furthermore, after obtaining Turkish nationality through the purchase of shares.. The Turkish passport is obtained through simple procedures in the civil registry.
Edited by: Ebla Group Real Estate
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