Turkey Investment Visa: Fast Track to Citizenship &
Benefits
Are you are looking to expand your business horizons and also
seek a new residency option, the Turkey Investor Visa could be the
gateway to achieving your goals. This visa program provides foreign
investors & business people with the right to work and reside
in a rapidly growing economy, as well as opening the door to
Turkish citizenship. Here is everything you need to know about the
Turkey Investment Visa in 2024.
What is the Turkey Investment Visa?
The Turkey Investment Visa is part of the Turkish Citizenship by
Investment Program, which was launched in 2016 to attract foreign
capital and stimulate the country’s economy. Through this
program, investors and their families gain the right to work and
reside by making qualified investments in the country, and those
who meet other requirements can apply for Turkish citizenship.
Types of Turkey Business Visas
1. Short-Term Investor Visa
This visa is usually granted temporarily to foreign investors
who establish a new company until they employ at least 5 local
employees. It is suitable for investors who will carry on business
in Turkey for a period of one year or less for seasonal or
project-based work.
2. Long-Term Investor Visa
This visa is usually designed for foreign investors who will be
doing business in Turkey for more than one year. To be eligible for
a long-term investor visa, you must have a valid investor visa and
have been working in Turkey for at least 6-8 years.
3. Independent Investor Visa
This visa allows individual investors who are self-employed or
wish to start their own business in Turkey. It is granted to
foreign entrepreneurs or freelancers who wish to establish their
own company or practice.
4. Turquoise Card
The Turquoise Card is a special work visa
designed for highly skilled workers, such as professionals in IT,
engineering, medicine, and science. The turquoise card allows
foreign nationals to work and live in Turkey with various
privileges, including the ability to bring family members and apply
for Turkish citizenship after 5 years.
Why Choose the Turkey Investor Visa?
Turkey’s strategic location at the crossroads of Europe and
Asia, combined with its robust economy and rich cultural heritage,
makes it a top destination for global investors. Key benefits of
Turkey Investor Visa include:
- Favorable Investment Climate: Low taxes and
government incentives make Turkey attractive for investors. - Access to a Growing Economy: Turkey’s
economy is growing, providing many opportunities for foreign
workers in various sectors, including technology, healthcare,
tourism, and manufacturing. - Right of Residence: The Investor Visa grants
its holder the right to reside in Turkey as well as the right to
work. - Family Inclusivity: Spouses and dependent
children under 18 years of age obtain residence permit. - Easy Extension: Investor Visa holders can
easily extend their visas as long as they continue their
investments in Turkey - Path to Citizenship: Investor Visa holders can
apply for Turkish citizenship if they reside in Turkey for 5 years
without interruption.
Investment Options for the Turkey Investor Visa
To qualify for a Türkiye Investor Visa, applicants must
either establish a new business or acquire shares in an existing
company that satisfies the following requirements:
Set-up a company that meets the following criteria:
- Establish a capital company in the form of JSC
or LLC (other forms are not valid) - The paid-in capital of the company must be at least 500
Thousand TRL. - The capital amount of the foreign shareholder of the company
must be at least 500 Thousand
TRL. - The foreign partner’s share in the company capital must be
at least 20%. - Foreign investors who will apply for an Investor Visa must
employ at least 5 local workers.
Buy shares of a company that meets following single
criteria:
- The capital amount of the foreign shareholder of the company
must be at least 100 Thousand USD.
self
To view the full article please click here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
