Easy process
You can apply without previous residency or language test and keep your first citizenship.
Turkey
Turkey Citizenship by Investment Program
Launched in January 2017, the Turkish Citizenship by Investment program allows high net worth individuals to obtain citizenship by investing in real estate or making other contributions to the Turkish economy.
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About the program
The Turkish program to obtaining citizenship is a simple process, offers ample opportunity for profitable investment, provides access to both European and Asian markets, and does not require investors to give up their first citizenship.
Minimum Investment
US$400,000 is the required minimum investment in real estate. It is usually a freehold property with guaranteed income.
About the country
Turkey has a rich history and transcontinental culture. Surrounded by three seas, it is a popular destination for travel and life.
Population: 84,75 mln. Currency: Turkish Lira (TRY) Language: Turkish Capital: Ankara
Processing time
The whole process normally takes 3-4 months, from submission of the application to approval.
Visa-free travel
110 countries allow visa-free entry for holders of Turkish passports, including destinations like Japan, Singapore, Hong Kong and South Korea.
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Benefits of Turkish Citizenship by Investment Program
The program is popular among investors because of its quick and simple process, and as a hub between Europe and Asia, it attracts economic opportunities.
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Profitable investment
The real estate market in Turkey gives a high level of annual yields from rental.
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Access to USA E-2 visa
You can apply for the E-2 Investor Visa in the USA, which grants you the right to live and work there. (The visa is renewable every 5 years.)
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Rich experience of life
Being on the cross between West and East, Turkey is known as a multicultural country with rich history and is welcoming to different nationalities.
Type of Investment for Turkey Citizenship by Investment Program
Turkey offers various options for investing, depending on the individual´s preferences, but the returns on investment are not equal for all options. To date, purchasing a property is the most popular. All programs have a minimum retention period of 3 years.
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US$400,000
Minimum investment in real estate to obtain citizenship. You can buy one or several properties.
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US$500,000
-Minimum fixed capital contribution -Investment in government bonds
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US$500,000
-Real estate investment fund or venturecapital investment fund -Deposit in a Turkish bank
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Creation of 50 new jobs
There is no minimum amount of investment required, but the holding period is still 3 years.
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Requirements for investors:
- Individuals of 18 years or over
- Clean criminal record
- Must not have stayed illegally in Turkey in the past
- Must keep the investment minimum for 3 years
Eligible family members:
- Spouse.
- Children under 18 years
- Children from other marriages ( with the consent of the second parent)
- Parents who are supported by the applicant
Timeline for obtaining Citizenship in Turkey
Turkish citizenship by investment is an easy process with simple steps. One of the most important stages is paperwork, and Invest Citizenship will recommend you to reputable and highly experienced lawyers or advisors who will guide you and support you until you will receive your passport.
Step 1
1-2 weeks
Get your Turkish taxpayer ID number, open a Turkish bank account, and deposit the necessary funds. This can all be done remotely with the help of advisors.
Step 2
1 week
Choose one of the investment options eligible for the citizenship program and select your investment. Once the necessary funds are in your Turkish Bank account, you can make the required investment.
Step 3
1 month
Get a Certificate of Eligibility. Apply to the appropriate government department in accord with the type of investment you made. For real estate, it is the Ministry of Environment and Urbanization.
Step 4
2-3 weeks
Get a short-term residence permit for you and your family by applying to the Provincial Directorate of Migration Management. This can be done remotely by lawyers/advisors without the need for you to travel to Turkey.
Step 5
1 week
Apply for citizenship at the Provincial Directorate of Census and Citizenship of the settlement. There is no need for physical presence or interview for the application process, it is made by lawyers.
Step 6
4 months
Await approval of your application; this normally takes up to 120 days but can be facilitated. A passport is valid for 10 years with no need to renew until its expiration date.
Real Estate Investment Options
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City View Apartment
The complex consists of 513 units that combine both residential and office spaces. The premises include 11,000 square meters of landscaped areas, featuring a variety of garden designs and numerous social spaces designed to provide a peaceful escape from the busy urban environment.
Price: $410,000
Location: Istanbul
Size: 69 m2
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