Citizenship Program Overview
The program enables international investors to gain Turkish citizenship and an irrevocable Turkish passport without living in the country or giving up their current nationality.
Benefits of the Türkiye Citizenship by Investment
- Visa-Free Travel: Access visa-free travel to more than 110 destinations, including popular destinations like Hong Kong, Japan, and Singapore.
- Mediterranean Lifestyle: Experience the benefits of a mild Mediterranean climate, stunning scenery, and an exceptional standard of living.
- Full Citizenship: Citizenship is awarded to the applicant and their family members.
- E-2 Business Visa to the USA: Turkish citizens can live and work in the USA by investing in a business.
- US Tourist Visa: Applying for a B-1/B-2 visa to the USA can be achieved through US consulates in Türkiye.
- Schengen Visa: Get a C-2 Schengen visa valid for five years, giving you the flexibility to stay for up to 90 days within any 180 days.
- Strategic Location: With access to a stable economic, financial, and political hub that connects Europe, Western Asia, and the Middle East, it offers a prime location for business opportunities.
- Investment Return: The initial investment can be sold after three years, allowing for the funds to be recovered.
- Safe Haven: Ensuring entry to Türkiye even during border closures, offering a haven during times of crisis.
- Dual Citizenships: Türkiye allows dual citizenship, so investors can retain their original passports if permitted by their home country.
Requirements of the Türkiye Citizenship by Investment
To qualify for citizenship, you need to:
1
Age over 18 years old
2
Meet all the Application Requirements
3
Select one of the Following Investment Options ↴
Investment Options of the Türkiye Citizenship by Investment
Option 1
Fixed Capital Contribution
- Invest a minimum of USD 500,000.
Option 2
Real Estate Investment
- Acquire at least USD 400,000 worth of real estate.
Venture Capital Fund (Real Estate)
- Commit at least USD 500,000 to a real estate investment fund share or venture capital investment fund share.
Option 3
Bank Deposit
- Deposit at least USD 500,000 into a Turkish bank account.
Option 4
Government Bonds
- Commit at least USD 500,000 to government bonds.
Option 5
Private Pension System
- Commit at least USD 500,000 to a private pension system for a minimum holding period of three years.
Option 6
Job Creation
- Create jobs for at least 50 people, as attested by the Ministry of Family, Labour and Social Services.
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Procedures & Time Frame of the Türkiye Citizenship by Investment
Investment and Getting Started: Once applicants have selected the qualifying investment option, they can proceed to submit a residence permit application on behalf of their family. The main applicant will also need to open a bank account in Türkiye.
Preparing Documents for Investment: Once all the necessary documents are prepared, including any required certifications and translations, the investment can be made, and the documents can be submitted to the government. Contributions need to be made in Turkish lira, equal to the necessary USD amount. The main applicant must personally visit Türkiye to submit their biometrics for the residence application.
Approval Timeframe and Passport Application: Applications are usually approved within three to five months, after which the citizenship documents are issued. After that, you can submit the passport application.
Tax Considerations: It is essential to be aware that Turkish gift and inheritance taxes apply to all assets owned by Turkish citizens. We suggest consulting with a professional regarding these taxes.
Dual Citizenship
There are no restrictions on dual citizenship of Türkiye
Türkiye Citizenship by Investment Program FAQ's
Select the option to purchase real estate. Investors can buy residential or commercial properties, as well as land holdings, and then sell them. Shares are not allowed. After three years, the property can be sold, but the buyer cannot apply for Turkish citizenship. Three years later, the money can be returned.
Renting out real estate can generate money for investors if they possess it. Some developers expect a rental yield of 8% annually in US dollars. The investor pays a 35% capital gains tax on rental revenue.
Foreign documents need to be translated into Turkish, notarized and apostilled. Also, you’ll need to obtain a short-term resident permit. The necessary documents consist of four passport-size photos, a medical certificate, an original police clearance certificate, an original or notarized copy of the birth certificate, and an original photocopy of the passport.
To apply for citizenship in Turkey, the investor must be at the migration service office in person. There are no criteria for residing in Turkey.
Investing in Turkish citizenship has many benefits:
- Unlike other citizenship programs, applicants can keep their citizenship without language or history examinations. No residency in Turkey is required to obtain or maintain citizenship. After three years, the assets can be sold, or the deposit closed, and the money is recoverable.
- Turkish citizenship grants free education, medical care, and visa-free travel to over 110 countries, including Japan and Singapore, some of the world’s most fascinating places.
- Turkish citizenship through investment opens up European and Asian markets for business and investment.
Consult a professional company like Citizenship Invest to learn the benefits and considerations.
No, by law, only a licensed program agent can apply on behalf of an investor.
Seeking guidance from a knowledgeable professional, such as Emirates Advisory, is highly advised to ensure the validity and legality of the application process. It is crucial to provide precise documentation that includes all the required supporting evidence.
Yes, you can get Turkish citizenship by investing in real estate. The minimum cost of your properties is $400,000.
Overview of Türkiye
Turkey, straddling Europe and Asia, offers a strategic location bridging continents. Famous for its fascinating past and varied scenery, it features bustling urban centres such as Istanbul and calm coastal escapes along the Mediterranean and Aegean seas.
- The Capital City: Ankara
- Languages: Turkish, English
- Economy: Developed, industrialized
- Currency: Turkish lira
Turkey’s economy is classified by its dynamic nature, with vital sectors such as manufacturing, technology, and tourism. Being a G20 member presents significant growth prospects with a favourable business environment and a talented, youthful workforce.
Istanbul’s airports connect Turkey to over 300 destinations worldwide, making them significant global hubs. The country’s modern infrastructure ensures seamless travel for business and leisure.
Passport holders from Turkey have the advantage of being able to travel to 110+ countries without needing a visa or obtaining one upon arrival. These countries include popular destinations in Europe, Asia, and the Americas, allowing for greater freedom of movement worldwide.
Turkey’s membership in various international organisations such as the G20, NATO, and the Council of Europe highlights its significant global economic and political influence.
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If you have any inquiries or would like a comprehensive breakdown of the precise costs for your family, please do not hesitate to contact us. We are eager to assist you.
Contact us today
If you have any inquiries or would like a comprehensive breakdown of the precise costs for your family, please do not hesitate to contact us. We are eager to assist you.