Dominica Citizenship program was started in 1993. In order to qualify for a citizenship, applicant has an option to invest either into real estate or into a designated Government fund. As of 2020, Dominican passport offers hassle-free access to 139 countries of the world. The best part about the program is that an applicant need not maintain his stay or physical presence in Dominica to sustain his passport.
Freedom & hassle-free access
Investment options start
Q1. What are the countries I can easily access after obtaining Turkish passport?
Q2. What are the investment options available?
There are six different options available. The content given below is for preliminary reference only and is subject to our consultation:
Option 1 – Real Estate
An applicant can purchase Turkish real estate property, residential or commercial at wish, with a
minimum value of US$ 250,000. This property is to be held only for a period of 3 years. The best part
is that investor can rent out the property from day one, till he wishes to exit after 3 years.
[Note: This investment amount was earlier US$ 1 million, but it was brought down in September 2018 to make Turkish citizenship by investment at par with other programs of other countries].
Option 2 – Maintaining a Bank Deposit Applicant has to deposit a minimum of US$ 500,000 in a bank operating in Turkey, and maintain the deposited balance for a minimum of 3 years.
Option 3 – Bonds Applicant can purchase Bonds, which are backed by the Government of Turkey, with a minimum value of US$ 500,000. These bonds will have to be kept in a 3 year lock-in period.
Option 4 – Job Creation Applicant can establish an enterprise which has the necessary circumstances to create sufficient jobs. As of the date of publishing this questionnaire, the requirement is to create 50 jobs per applicant.
Option 5 – Venture Capital Investment Fund Applicant can make a minimum investment of US$ 500,000 in a real estate venture capital fund and continue to hold that investment for a period of 3 years.
Option 6 – Authorized Fixed Capital Investment Applicant can make a minimum fixed capital investment of US$ 500,000. This needs to be attested by the Ministry of Industry & Technology, Turkey.
Q3. Will I have to mandatorily stay in Turkey after obtaining the Passport?
Turkey doesn’t mandate physical presence in order to obtain permanent residency or citizenship. Also, no interview is required.