Turkey Citizenship by investment Programme

Turkey, a strategically positioned transcontinental country, is bordered by three seas and offers excellent transport links, facilitating connectivity with key markets. Launched in 2018, the Turkish Citizenship by Investment Programme focuses on attracting real estate investments into the country.

Minimum Investment In Real Estate
USD 400,000

Minimum Capital Investment
USD 500,000

Time to Citizenship
4-6 months

Visa - free Access
111 countries

The New Mosque in Istanbul at night

about Turkey

Turkey is a fascinating country that straddles two continents, Europe and Asia, and offers a unique blend of cultures, history, and natural beauty. The country has a rich cultural heritage that reflects its diverse history, with influences from Greek, Roman, Byzantine, and Ottoman empires. The country’s modern culture is also vibrant and dynamic, with a thriving contemporary art scene, culinary traditions, and a bustling nightlife.

The Turkish economy is the 19th largest in the world, with a diverse range of sectors that include textiles, automotive manufacturing, electronics, and agriculture. As a member of various international organisations, including the United Nations, NATO, and the Organisation for Economic Cooperation and Development (OECD), a Turkish passport offers numerous benefits, including visa-free or visa-on-arrival access to over 100 countries, increased global mobility, and the opportunity to establish residency in a politically stable and prosperous country.

  • The capital of the country is Ankara
  • The currency is the Turkish Lira (TL)
  • The current population as of 2020 (World Bank): 84.34 million

TURKEY CITIZENSHIP BY INVESTMENT ​

To obtain Turkish citizenship, applicants are required to choose from one of the following programme options:

  • The Real Estate Development Programme requires a minimum investment of USD 400,000 in real estate, either commercial or residential. 
  • The Cash Investment Programme involves making a minimum fixed capital investment of USD 500,000 or equivalent in foreign currency or Turkish lira, attested by the Ministry of Industry and Technology. Alternatively, applicants can deposit at least USD 500,000 or equivalent in foreign currency or Turkish lira in banks operating in Turkey, with the condition of not withdrawing the same for at least three years. 
  • Lastly, the Company Set-Up Programme requires the creation of at least 50 jobs, attested by the Ministry of Family, Labor and Social Services.

BENEFITS OF TURKEY CITIZENSHIP BY INVESTMENT​

The following are the benefits of getting a Turkish Passport:

Visa-free travel

Visa-on-arrival and visa-free travel to 111 countries and territories worldwide, including Brazil, Singapore, and Hong Kong.

United States of America.jpg | Citizenship by investment

A Turkish passport holder can apply for an E-2 Investor visa in the United States of America.

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The applicant’s family members, spouse, parents, and children up to 18 years old can be qualified dependents for the residence card.

Programme Requirements

Application Process

The application process is straightforward, and it may take up to 6 months between initiating the process and receiving the citizenship documents. The application process can be divided into the following stages:

01

Assessment & Onboarding

  • Consult with Passport Legacy’s client advisors. 
  • Passport Legacy’s due diligence check is conducted.
  • Client is onboarded and retainer fees are paid.

02

Application Submission

  • Client travels to Turkey.
  • Real estate acquisition requirements are fulfilled, legal process commences, and bank account is opened. 
  • Turkish residence permit is obtained.
  • Documents are prepared and application for Turkish citizenship is submitted.

03

Document & Application Processing

  • Application is processed.
  • Application is approved. 

04

Approval & Passport Handover

  • Turkish citizenship documents are issued.
  • Application for Turkish passport is submitted.
  • Passport is handed over to client by Passport Legacy’s advisors.

Real Estate

Discover everything you need to know about purchasing premium real estate in Turkey. Please see our government-approved listings that qualify you for the Turkey Citizenship By Investment Programme.

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Minimum Real Estate Investment:

USD 400,000

9 1 | Citizenship by investment

ROI or Rental Income Opportunity:

Approximately between 3-7%

10 1 | Citizenship by investment

Ownership Type:

Title Deed

7 1 | Citizenship by investment

Minimum Real Estate Holding Period:

3 years

Legal Basis

Article 20 of the Regulation on the Implementation of the Turkish Nationality Law ("Regulation ") stipulates exceptional cases based on which Turkish nationality is obtained and went through extensive amendments by Presidential Decree No. 106 ("Decree "). This was published in the Official Gazette dated September 19, 2018 and entered into force on the same date.

A new eligibility requirement for Turkish citizenship has been added to Article 20 of the Regulation. As a result, if the Capital Markets Board decides that a foreign national has bought a share in a real estate investment fund or venture capital fund with a stated minimum value of foreign currency or Turkish Lira on the condition that such foreigner will hold the share for at least three years, Turkish citizenship may be obtained by presidential decree.

frequently asked questions

Turkish passport holders have visa-free access to 110 countries, including Japan, Singapore, and Hong Kong. You will also be eligible for an E-2 Investor Visa in the United States of Ameica, which provides a five-year renewable residence card. Turkey has one of the fastest-growing economies in the world, and investors can benefit from the growing markets a wide array of business opportunities.

After acquiring Turkish citizenship through investment, you will have the same rights as any Turkish citizen, and therefore, you will be able to work in Turkey without needing a work permit.

After purchasing and receiving title deeds of property in your name, as a landowner, you will acquire the same rights as other Turkish property owners. Under the Turkish citizenship by investment program, you cannot sell the property for three (3) years; however, after that, you have the freedom to hold or sell the property with no restrictions.

Citizens of any country can apply for Turkish citizenship by investment as long as they have the financial means to invest. The minimum investment for Turkish citizenship by investment program is USD 400,000.

Invest in your future with Passport Legacy and unlock a world of possibilities. Connect with one of our client advisors today to book a private consultation and discover bespoke residence and citizenship by investment solutions that cater to your unique needs.

Let’s make your dream of traveling visa-free a reality!