Turkey Citizenship by Investment
To qualify for Turkish citizenship under the current regulations, applicants must fulfill one of several investment options designed to stimulate the country's economic growth.
The first option involves acquiring real estate valued at a minimum of USD 400,000, which must be held for at least three years.
Alternatively, applicants can invest at least USD 500,000 in fixed capital contributions, government bonds, or a Turkish bank account. Investments of USD 500,000 in real estate or venture capital investment fund shares, or committing the same amount to a private pension system for a minimum of three years, also qualify for citizenship.
Lastly, creating jobs for at least 50 people, as certified by the Ministry of Family, Labour, and Social Services, is an additional qualifying pathway for obtaining citizenship.
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Türkiye's Citizenship by Investment Program offers numerous benefits, including visa-free or visa-on-arrival access to over 110 destinations, such as Hong Kong, Japan, and Singapore. The program grants full citizenship to the applicant and their immediate family members, including a spouse and dependent children under 18, as well as children of any age who are living with disabilities. Additionally, after three years of domicile in Türkiye, citizens are eligible to apply for the E-2 Investor Visa in the USA, which is valid for five years and can be renewed.
Türkiye is strategically positioned as a transcontinental nation, bridging Europe, Asia, and the Middle East. Its stable economic, financial, and political landscape, along with its Mediterranean climate and high standard of living, makes it a desirable location for investors seeking long-term stability and growth. The country’s importance as a Eurasian hub enhances its appeal for those looking to live and invest in a dynamic, globally connected environment.
Once the qualifying investment option has been selected, the process begins with applying for a residence permit for the main applicant and their family. The main applicant is required to open a Turkish bank account, after which the necessary application documents, certifications, and translations must be prepared. The chosen investment must be completed in Turkish lira, equal to the required USD amount. Successful applicants must also visit Türkiye to submit their biometrics as part of the residence permit application. Once submitted, applications are generally approved within three to five months, at which point citizenship documents are issued, and the passport application can proceed.
It is important to note that Turkish gift and inheritance taxes apply to worldwide assets held by Turkish citizens. Therefore, we recommend that applicants seek professional advice on these matters before finalizing their investments and citizenship applications.