Best Golden Visa Lawyers in Beylikduzu

About Golden Visa Law in Beylikduzu, Turkey

The Golden Visa, also known as the Turkish Citizenship by Investment Program, is an avenue that allows foreign nationals to acquire Turkish citizenship via investment. In Beylikduzu, a district within Istanbul known for its modern infrastructure and growing real estate market, this program offers appealing opportunities. The law facilitates a straightforward process for investors who meet certain criteria, such as real estate investment of a specified amount, to obtain Turkish citizenship, granting them legal residency status and various other benefits, including ease of travel to numerous countries.

Why You May Need a Lawyer

Engaging a lawyer can be crucial when navigating the complexities of the Golden Visa application process in Beylikduzu. Common situations where legal assistance becomes necessary include:

• Understanding the eligibility criteria and required documentation.
• Ensuring compliance with Turkish real estate and investment laws.
• Handling the legalities involved in property transactions.
• Completing and submitting application forms accurately.
• Addressing any potential legal challenges or disputes.
• Safeguarding against fraud and ensuring the legitimacy of investments.

Local Laws Overview

Key local laws relevant to the Golden Visa in Beylikduzu include:

• Investment Threshold: The minimum real estate investment required is currently set at $400,000 USD.
• Property Registration: Legal requirements for property registration include obtaining a title deed and fulfilling tax obligations.
• Residency Requirements: While the Golden Visa provides citizenship, it does not require the holder to reside permanently in Turkey.
• Property Status: Properties must be purchased with the intent of holding them for at least three years without selling.
• Taxation: Understanding the applicable taxes on property ownership and subsequent income derived from the property is essential.

Frequently Asked Questions

What is the Golden Visa in Turkey?

The Golden Visa is a program that allows foreign nationals to obtain Turkish citizenship through qualifying investments.

How long does the process take?

The citizenship application process typically takes between 3 to 6 months after submitting the complete documentation.

Can I buy any property for the Golden Visa?

The property must meet certain criteria, such as a minimum value of $400,000, and should be held for at least three years.

Can family members obtain citizenship as well?

Yes, the investor's spouse and children under 18 are also eligible for citizenship under the same investment application.

Is it mandatory to live in Turkey after obtaining the visa?

No, the Golden Visa does not impose residency requirements on the investor or their family.

What are the tax implications of holding property in Turkey?

Property owners are subject to property tax and capital gains tax may apply upon selling the property; legal advice is recommended to navigate tax issues.

Can I sell the property after acquiring citizenship?

You must retain ownership of the property for at least three years after purchase.

Do I need to speak Turkish to apply?

While not mandatory, speaking Turkish can be beneficial during the application process but all official matters can be conducted in English with the help of a translator or lawyer.

Do I need a visa to travel to Turkey for the property purchase?

Depending on your nationality, you might need a visa to enter Turkey before purchasing property, which can typically be secured via an e-Visa platform.

What happens if my application is rejected?

If rejected, you can reapply after addressing the reasons for the rejection or consult a lawyer for appeal options.

Additional Resources

For more assistance on the Golden Visa program, consider reaching out to:

• The Turkish Directorate General of Migration Management (DGMM) for official updates and requirements.
• Local law firms specializing in immigration and real estate law for personalized assistance.
• The Beylikduzu municipality's office for local legal guidance.

Next Steps

If you need legal assistance with the Golden Visa in Beylikduzu:

• Begin by consulting with a specialized legal expert familiar with Turkish immigration laws.
• Gather all necessary documentation required for the investment and application.
• Ensure your chosen investment, such as property, meets the necessary legal criteria.
• File the application through a reputable legal channel to avoid issues.

Your lawyer can provide ongoing support and handle any legal challenges during the process, ensuring a smooth application journey.