Advantages and disadvantages of investing in Turkey 2023

Before we discuss about the ways and details of getting a Turkish passport through investment, it is advised to look at the advantages and disadvantages of the issue. This allows you to decide with greater awareness.

Investment consulting in Turkey

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    The benefits of investing in Turkey include the following:

    • Getting a Turkish passport in the shortest possible time (3 to 6 months)
    • Possibility of traveling to 148 countries with a Turkish passport, and of course a 10-year validity of the passport and the possibility of lifetime extension
    • Enjoy high social rights, like other Turkish citizens (insurance, voting rights, etc.)
    • Possibility to work in Turkey without getting a license and benefiting from free education
    • High-yield profitable investment, return on investment in a short time
    • Business in free market economy without worrying about sanctions and enjoying economic stability

    In the meantime, it should be noted that investing in Turkey, in spite of all the above tempting benefits, has disadvantages that should not be ignored.

    Disadvantages of investing in Turkey

    • The risk of property confiscation in Turkey is a bit high. But given the relations between the countries, it does not cause problem.
    • The level of corruption control is moderate, and the situation of bribery, corruption and injustice in the country is not very ideal.
    • The GDP rate in Turkey is lower than many European countries.
    • Tax rates have also risen, and it is increased compared to some countries in the region.

    Investing in Turkey by buying a property

    Most people believe buying property is the best, easiest and fastest way to invest in Turkey and get Turkish citizenship. In the past, the rules were greatly different and more stringent. But today, the amount required for purchase is decreased and the rules have paved the way. In other words, it can be said that the minimum amount of investment in Turkey is related to this way.

    • Turkish citizenship will be possible with a property investment of only 250 thousand US dollars.
    • This way brings Turkish citizenship only to spouse and their children under 18 years of age.
    • One of the conditions for getting a Turkish passport by a property investment is that you do not have the right to sell the property for up to 3 years.
    • In fact, by investing in some projects, you can invest with $ 150,000, and pay the rest in installments.
    • It should be noted that the least capital for a stay in Turkey can be considered as 60 thousand dollars. However, passports and citizenship are not granted in this way.
      • If you do not want to buy a property, you can also get a citizenship by investing in real estate companies. You should note that the minimum amount for investing in real estate companies will increase to $ 500,000.
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    If you intend to know more about buying property in Turkey, read the following article.

    Buying a property in Turkey

    Significant points before investing and buying property in Turkey

    Given the current situation and prosperity in Turkey with the free economic and favorable conditions that exist in the country, it is obvious that the purchase of property and investment is increasing gradually.

    Along with this, there is no doubt that abuse and fraud are on the rise, so that even the most unskilled people step on the path of consulting to buy a property. In such cases, those who intend to buy a property or invest in Turkey, should pay attention to the following points:

    • Before you start buying a property or registering a company, exactly determine what your purpose is.
    • Only refer to reputable, specialized and experienced firms
    • Firms and experts who do not have the required expertise in these fields will only waste your property and time.
    • The presence of a reputable and expertise lawyer can be really helpful when signing a contract.

    Investing in Turkey through company registration

    Another popular way that encourage people to invest in Turkey and get Turkish citizenship and passport is to invest by registering a company. Before we explain this way, it is necessary to know that although it is less complicated than the other ways, but you need to be aware of all its aspects. In this case, your investment will be with no trouble and profitable, and you can get Turkish citizenship without the slightest problem.

    You can register one of the following companies in Turkey to get a residence permit in Turkey through investment:

    • Organizational companies (with a minimum capital of 100 thousand liras)
    • Anonim companies (with a minimum capital of 50,000 lira)
    • Limited Liability Companies (with a minimum capital of 10 thousand lira)
    • Non-organizational companies
    • Kooperatif companies
    • Kolektif companies
    • Komandit companies
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    Now it is necessary to note the following points about registering a company and getting Turkish citizenship through investment:

    • To start any kind of business in Turkey, you need to register it as a company. (Even cafes, hairdressers, masons and etc.)
    • Entrepreneurship for 50 people is also one of the ways to get Turkish citizenship by investing.
    • Registering a company in the free zones of Turkey is also one of the most popular and rewarding ways of registering a company in the country.
    • Registering a company in Turkey, followed by citizenship or residency, requires a strong business plan.
    • If you have sufficient knowledge in economics and business or the necessary budget, this way is ideal for you.

    If you aim to know more about registering a company in Turkey, you can read the following article.

    Registering a company in Turkey

    Investing in Turkey by buying stocks

    Another popular way to get a Turkish passport is to invest in Turkey by buying stocks. The way was also more stringent in previous years and of course required a much larger budget. But based on the change and amendment of the laws in 2023, it has reached the simplest possible way.

    • The minimum investment amount in Turkey in this way is 500 thousand US dollars. (Or equivalent in other currencies)
    • You must keep the stock you buy through this way for 3 years.
    • Investing in Turkey through buying stocks should be done under the supervision of the Ministry of Industry and Technology.
    • You can buy stocks in Turkey through investment funds, or the banks of the country.

    Investing in Turkey through bank deposits

    Another way to get a Turkish passport by investing is through deposit interest in a Turkish bank. Definitely, this way may pose obstacles for you at first, and you should be aware that it also requires strong financial ability. One of the obstacles that may arise for you is when opening an account in Turkey. You should know that:

    • If you do not have a residency in Turkey, you can only open an account in the Turkish Ziraat Bank.
    • The minimum investment amount in Turkey in this way is 500 thousand US dollars. (Or equivalent in other currencies)
    • One of the necessary conditions in this way is that the amount must remain in the bank account for up to 3 years.
    • It is possible to withdraw and deposit to this account, but the amount should not be less than $ 500,000.
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    Investing in Turkey through buying government bonds

    Buying bonds is one of the less known ways to immigrate to Turkey through investment. Government bonds are securities issued by the government and the central bank of any country to the general public to pay off debts and pay its obligations.

    Now, the applicants can buy these bonds to invest in some way and be supported by the government. But it should not be forgotten that this type of investment has really little risk. The Turkish government has also made it possible for people applying for citizenship to invest in Turkey by purchasing bonds.

    • The minimum amount for investing in Turkey through buying bonds is $ 500,000. (Or equivalent in other currencies)
    • These papers must be kept for 3 years to get Turkish citizenship.

    FAQ

    What is the easiest and best way to invest in Turkey?

     Many experts and applicants believe that investing through buying a property and registering a company are the best ways to become a Turkish citizen.

    What is the minimum budget required to invest in Turkey?

    The minimum investment amount for residency in Turkey is 10,000 lira and it will be possible through the registration of limited liability companies.

    What are the investment conditions of buying a property in Turkey?

    The value of the purchased property must be at least US $ 250,000, and you do not have the right to sell it for up to 3 years. This way will bring Turkish citizenship to you, your spouse and children under 18 years of age.

    Is it possible to get Turkish citizenship by investing in Turkey through buying stocks?

    Yes, you need to invest $ 500,000 in the country for 3 years.

    How is it possible to invest in Turkey through a bank deposit?

    One of the easiest but most cost-effective ways to become a Turkish citizen is to invest in Turkey through a bank deposit. In this way, you have to deposit $ 500,000 in a Turkish bank for 3 years.

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