Comparison between Turkish citizenship and European nationalities

Through this article, we will learn about the difference between Turkish nationality and other nationalities and the most important differences between them.

As the world witnesses rapid developments in the field of immigration and nationalities, it becomes necessary to take a serious look at the differences and similarities between different nationalities and therefore, we will review a comprehensive comparison between Turkish citizenship and some well-known European nationalities and we will explore the legal, cultural and economic factors that distinguish each nationality, and highlight the effects these differences can have on the lives of individuals and communities.

European nationalities through investment

Below let us learn about European nationalities through investment:

British Nationality:

Britain offers an investment residency program requiring the payment of $2.85 million to be invested in the local economy and the applicant for the program must be at least 18 years old and reside outside the European Union and Switzerland and the foreign investor is granted residency for 3 years and 4 months, which can be extended for an additional 2 years and after 5 years, the investor can request residency for an additional 5 years and it is not allowed to apply for British citizenship until after 6 years of residence in the country and meeting the conditions mentioned above.

Spanish Nationality:

Spain offers a “Golden Visa” program that allows investors to obtain permanent residency and the opportunity for Spanish citizenship and obtaining this golden residency requires either purchasing a property worth $578,000, investing $1.1 million in shares of local companies, placing this amount in a Spanish bank account, or purchasing government bonds worth $2.3 million

After obtaining the golden residency and passing a period of 5 years, its holder can apply for permanent residency in Spain and after 10 years of permanent residence, a foreign investor can apply for Spanish citizenship.

Bulgarian nationality:

Bulgaria offers foreign investors an opportunity to obtain Bulgarian citizenship by purchasing 5-year government bonds worth no less than $539,000.

Greek Nationality:

In 2013, the Greek government launched the Golden Visa by Investment programme, which gives its holder the freedom to reside and travel in the country and abroad for 5 years, provided they maintain a property valued at at least €250,000, and after 7 years of residence in Greece and a commitment to maintaining the property, investors can apply for Greek citizenship.

Canadian Citizenship:

Canadian citizenship can be obtained by investing in specific government programs for an amount of no less than 800,000 US dollars and according to specific conditions, the program requires applicants to have at least two years of corporate management experience and to have a net worth of $1.6 million or more and in addition, the investor and his family must pass the required security and health tests and in this way, investors can obtain Canadian citizenship.

Learn about the Turkish citizenship law through investment

In 2017, Turkey launched the investment program in exchange for citizenship, and with regard to the original terms of the program, Turkish citizenship is granted to anyone who purchases a property worth at least one million dollars, with the condition of not selling the property for three years, or depositing an amount of $3 million in any... Turkish bank, or establish a company and employ 100 Turkish workers for at least 3 years.

In April 2022, the Turkish authorities issued an amendment to this program to allow obtaining Turkish citizenship through one of the following cases:

1. Buying a property in Turkey worth at least $400,000, with the condition of not selling it for 3 years.

2. Deposit a bank deposit of at least $500,000, with the condition of not withdrawing the amount for 3 years.

3. Establish a company and employ at least 50 Turkish workers, with the condition that no worker be laid off for 3 years.

These changes make the program more possible for people wishing to obtain Turkish citizenship by investing in the country.

Advantages of obtaining Turkish citizenship:

1. Once you obtain Turkish citizenship, you become a beneficiary of all the rights and privileges available to Turkish citizens, including the rights to vote and participate in democratic processes.

2. As a Turkish citizen you can travel to many countries without the need for a prior visa or with an easy-to-obtain visa and this makes travel easier and more flexible.

3. Obtaining Turkish citizenship can open new doors for job opportunities and real estate investment in Turkey and you can start a company or take advantage of the local market to achieve business successes.

4. Turkey provides a good education system, and as a Turkish citizen, your children can attend schools and universities in Turkey at discounted tuition prices.

5. Turkish citizens can benefit from Turkey's healthcare system easily and at low costs.

6. As a Turkish citizen, you enjoy legal protection under Turkish laws, and you can benefit from the Turkish judiciary and courts if the need arises.

7. In addition to the benefits of citizenship for you as an individual, your family members can also obtain Turkish citizenship based on current policies.

8. Turkey has a rich history and diverse culture, and living as a Turkish citizen gives you the opportunity to explore and participate in this heritage.

Which is better: Turkish nationality or European nationality?

1. If your main goal is to live and work in a particular country in Europe, obtaining citizenship of that country may be the best option, as for example, if you want to live in France or Germany, obtaining French or German citizenship may be better for achieving your goals.

2. If you are an investor looking for investment opportunities, you may find some citizenship programs offered by European countries that suit your needs. In this case, Turkish citizenship or European citizenship could be suitable depending on the opportunities available.

3. The rights and privileges of citizens of the country whose citizenship you prefer must be taken into account and these rights can vary from one country to another, and include voting rights, access to health services, education, and more.

4. Cultural and linguistic considerations can play a role in choosing nationality and if you speak a particular language fluently, identify with a particular culture, or want to integrate into a particular community, these factors may be important in your decision.

In conclusion, this comparison between Turkish citizenship and European nationalities shows the notable differences and similarities between them and despite the diversity of nationalities in Europe and Turkey, each nationality comes with its own advantages and opportunities and while Turkish citizenship offers opportunities to invest in real estate in Turkey and live in a country with a rich history and culture, European citizenships offer easy access to travel, education, and healthcare in EU countries.

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