Citizenship by Investment Program
Ankara, the capital of Turkey has a population of more than 80 million people that serves as a bridge between Eastern Europe and Western Asia. Turkey has the world’s 13th largest economy, with USD 2.3 trillion in GDP at PPP 2019, with an estimated annual growth rate of 5.5 percent since 2003 and 2018.
The Turkish citizenship by investment program launched in 2016, provides its applicants with residency, citizenship, and a second passport whether they invest in real estate or a bank deposit. For investors, the real estate path is particularly appealing. This investment route requires investors to purchase a minimum of USD 250,000 plus taxes. Therefore, making Turkey one of the least expensive citizenship by investment programs on the market.
A Turkish passport entitles applicants to travel visa-free to 110 countries around the world.
Applicants must provide the following documentation as part of the KYC (Know Your Customer) process:
It is not necessary to reside in Turkey to apply for Turkish citizenship by investment.
After making a purchase and receiving title deeds in your name as a landowner, you will acquire the same rights as Turkish property owners. You cannot sell the property for three years under the Turkish citizenship by investment program but, after that point, you have the freedom to hold or sell the property with no restrictions.
After acquiring Turkish citizenship by investment, you will have the same rights as Turkish citizens to work in Turkey without the need for a work permit.
There are no rules on the applicant’s nationality. Citizens of any country can apply for Turkish citizenship by investment.