Attention:
According to the above law, this executive function has been reduced from $ 1 million of fixed capital investment to $ 4,000 of fixed capital investment of $ 1 million on 4/7.
A) Request and term of evaluation
1. Individuals applying for citizenship, subject to the statutory investment law of approximately US $ 4.7, must submit a written request to the Ministry of Economy in accordance with the following documents:
- The following documents are attached to the application file, signed by the applicant;
Complete investment information form.
- Copy pages of passports containing personal identification information.
- Provide a form of participation in the shares of the legal entity that made the fixed investment, as well as the submission of a ticaret sicil, indicating the amount of capital.
- Submission of a report confirming the amount of fixed capital for a specified purpose approved by the financial advisor (as part of this report, investments will include this concession, which has been registered since the adoption of this Act. Thereafter, a report of approved investments of applicants (up to three years before the date of application) will be considered).
- In the same report approved by the official financial advisor, the certificate confirming the transfer of foreign direct investment was provided at approximately $ 2.9 per share of the company as well as the foreign currency deposit account.
2. If it is found that the request is made by the Directorate-General for Foreign Investment and the Ministry of Economic Development, it shall be submitted for approval to the Ministry. Requests that do not meet the requirements are rejected by the FDI and the Ministry of Economic Development. Requests containing incomplete documents and information will be removed from the review process if they are not completed within one month of the date of the written notification to the applicant.
2. Requests that are approved by the relevant authority within the Ministry shall be forwarded to the Ministry of the Interior for further steps.
B) Description
- If the foreign investor owns a certain percentage of the company in which he / she invests; the ratio of a person's participation in the company to the total stock, multiplied by the total amount of the corporation's capital, must be at least US $ 1.5.
- In determining the amount of fixed capital, the date 3.1.2 shall be taken into consideration by the Regulations. Fixed investments made prior to this date will not be eligible for citizenship.
-Accounted Confirmation of Fixed Investments will be considered by applicants who are up to three years prior to the date of application submission.
- Applications that will be submitted in the coming years will be used to calculate the fixed investment costs, the maximum costs of the last 6 years.
-If a fixed investment is added to an existing investment, an increase in the amount of fixed investment will be considered from the date the new investment begins.
-Applicants who have been identified by the Office as having applied for a fake or misleading document, have been suspended for their citizenship and if they have obtained citizenship, to revoke their citizenship, A statement will be sent to the Ministry of Interior. Also, these applicants will not be considered for their applications in the future, even if they meet the current requirements.
By registering you can obtain a permanent residence permit in Turkey after 3 years. Please note that during these 5 years your company must be active and your company must obtain a residence permit. If you are investing in Turkey as an investor, Turan Consultants will start the day from the start of your partnership, the process of obtaining your permanent residence or obtaining a Turkish passport and will do so in the shortest possible time.
If you have been permanently and officially employed in Turkey for 2 years then your residence will become permanent residence after 5 years. We will also provide you with this permanent residence.
Contact Turan Consultants for any questions or advice.
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