The reasons for the high ranking of the Turkish passport globally
What has been noted about the Turkish passport is that it has made rapid progress at the global level, from 50th to 37th place it achieved in 2022. According to experts, it is expected to achieve more progress during the coming period as a result of the strength of the Turkish economy and the strategic policy of the Turkish government.
In this article, you can learn about the most important information related to this passport, its features, types, and others. If it really interests you, follow these lines with us to the end.
The importance of the Turkish passport:
The Turkish passport is one of the most important documents that a Turkish citizen can possess and offers a range of benefits, both locally and internationally.
Domestically, the Turkish passport allows holders to move freely within the country and provides access to government services, such as social security and health insurance. Furthermore, it grants holders access to state-funded education and employment opportunities.
On the international level, the Turkish passport is considered a strong asset when traveling abroad and allows its holders to visit more than 95 countries without having to apply for a visa, making it one of the most valuable passports in terms of visa-free travel. Turkish citizens enjoy preferential immigration policies in some countries, allowing them to live and work in those countries with relative ease.
Turkish passport through real estate investment:
Foreigners looking to obtain Turkish citizenship can now do so through a real estate investment of $400,000. This amount can be paid in one payment or in installments over a specified period of time. Once the investment is made, applicants can obtain a Turkish passport within six months.
The advantages of obtaining a passport include the ability to travel freely throughout the country and other countries within the Schengen area, as well as the ability to seek employment in Turkey and benefit from favorable tax rates. In addition, applicants are not required to reside in Turkey for any specific period of time and can keep their dual nationality.
Turkish passport through financial investment:
Foreign investors can obtain a Turkish passport by investing at least $500,000 in stocks or bonds. Investors must first obtain the necessary permission from the Ministry of Economy, and then proceed to make the necessary financial investments according to the regulations set by the government. The investment must be kept. for at least three years in order to qualify for a passport.
Once the financial investment has been made and maintained for at least three years, foreign investors can apply for Turkish citizenship and passport.
The application process involves submitting various documents such as proof of identity, proof of address, proof of employment, and tax information. In addition, applicants must pay administrative fees to complete their applications.
Turkish passport via bank deposit:
Obtaining a Turkish passport is possible for those who have a large amount of money to invest in the country, and those wishing to obtain a passport must make a bank deposit of $500,000 in a qualified Turkish financial institution and the deposit must be maintained for three years and cannot be withdrawn during this period after the three-year period, the applicant will receive a certificate of deposit, which he can use to apply for Turkish citizenship.
Documents required to obtain a passport:
In order to obtain a Turkish passport, individuals must provide the necessary papers to complete the process. The required documents vary according to the age and nationality of the individual.
For adults, applicants must provide proof of identification, such as a valid national ID card or driver's license. If the applicant does not have any of these documents, an official birth certificate must be submitted instead. In addition, applicants over the age of 18 must submit Provide proof of Turkish citizenship.
For a minor (under 18 years of age), the same documents required as above; However, they must also provide a written consent form from the legal guardian or parent and this document is intended to ensure that the child is allowed to obtain a passport and travel abroad.
Finally, all applicants are required to submit two recent passport size photographs and pay the applicable fee to complete the process and after submitting all the required paperwork and paying the fee, it will be issued within a maximum of 30 days.
Types of Turkish passport:
A red passport is the most common type and is used for international travel. It contains a biometric chip, which stores information about the passport holder, such as their photo and data. The gray passport is intended for officials, such as diplomats and military personnel, and contains additional features compared to a red passport, including additional pages for visas. and higher levels of security.
Finally, the Black Passport is issued to members of the Turkish government and senior officials and has exclusive features such as an electronic signature system and access to VIP lounges at airports.
The privileges that can be obtained through the Turkish passport are not considered, especially for businessmen and investors looking for facilities that help them succeed in their businesses and projects without having to face many difficulties. In this context, it must be noted that Turkey has provided facilities that cannot be found in other countries. This is one of the reasons that made Turkish nationality the focus of their attention without others.
All the information you are looking for you will find with us, as all those in charge of our company are waiting for you in order to provide you with all the facilities that you are looking for, and this is based on our extensive experience in the Turkish real estate market over the past years.
