If you have a Turkish passport, did you know that you are eligible to apply for business visa to the UK under a special permit offered by the UK and currently available only to Turkish citizens? No minimum investment is required compared to two million pounds for a UK Tier 1 Investor Visa.
Beyond Immigration has expertise in structuring inbound and outbound immigration solutions that enable UK investment migration via Turkey. Once you obtain your Turkish passport in a matter of months for a minimum property investment of USD 250,000, we can start the UK application for a Turkish Businessperson Visa. You must have a genuine intention to set up a viable business and be able to support your family.
This visa is enabled by the Ankara Agreement between Turkey and the European Economic Area, the predecessor to EU.
Britain will no longer be party to the Ankara Agreement after Brexit transition period ends on December 31, 2020, however the Ankara Agreement is still in force for now. Ankara Agreement also enables Turkish nationals to open a business in any EEA country.
This is an attractive option for Turkish passport holders who are exploring relocation options to Britain. While qualifying property cost barrier to Turkish citizenship has been reduced by two-thirds since 2018, the barriers to UK Tier 1 Investment Visa has been rising. Britain doubled the minimum investment required for a Tier 1 visa to two million pounds in 2014 and removed UK government bonds as a qualifying investment category in 2019.
Turkey – A Potential Route to UK
Turkish Citizenship by Investment
UK Turkish Businessperson Visa
Passport in 4 months
12 week processing time
USD 250,000 minimum investment
No set minimum investment
No residency or physical presence needed
Travel/physical presence flexibility
Turkish Citizenship by Investment Requirements
UK Turkish Businessperson Visa Requirements
Minimum USD 250,000 investment in Turkish property or USD 500,000 deposit in Turkish bank account with a must hold period of three years
No minimum investment required. Must have a genuine intention to set up a viable business of your own
Property can be located anywhere in Turkey
Must have enough money to create the business
Turkish developers offer excellent immediate rental deals with a guaranteed 4-8% annual return
Must be able to pay his/her share of the costs of running the business
No requirements for declaration of income or assets held in other countries
His/her share of profits in the business must be enough to support the applicant and his/her family without requirement to have another job
Fast application process leading to passport within four months
Turkish citizens can apply for the Turkish Businessperson Visa three months before their journey to UK. The application is processed within 12 weeks
Fees involved in the application as well as the purchase of the Turkish property
Turkish Businessperson Visa applications are free from UK visa fees
Turkish passport is for life and renewable every 10 years
After receiving a Turkish Businessperson Visa, applicants can relocate to UK and remain in the country for 12 months. They can then extend the visa for three more years provided they meet the requirements, and eventually apply for the UK ILR permit and citizenship
Passports for the entire family and children below 18