Turkey Citizenship: Starting at 400,000 USD

Turkey Citizenship by Investment (CBI) Program

Program Overview

Minimum Investment

N/A Donation

Minimum Investment

$400,000 Real Estate

Time to Citizenship

6-8 Months

Visa-free Access

120+ Countries & Territories

Turkey Citizenship by Investment Requirements

The Turkish citizenship by Investment program was introduced by the government in 2018 and is focused on real estate investments. The program features a straightforward application process, and investors can benefit from rental income and may re-sell their property.

To be able to apply for this program, you should be at least 18 years of age, in good health, and without a criminal record.

In addition, you are required to maintain your real estate purchase for a holding period of 3 years.

Main Applicant Requirements

• 18+ years of age
• Good health
• No criminal record
• Successfully pass due diligence checks
• Confirmed investment sources

Eligible Dependents

• Spouse of the main applicant
• Adult children (biological or adopted) under 18 years of age

Turkey Citizenship by Investment Benefits

Visa-free travel

As a citizen of Turkey, you will be able to travel visa-free or with a visa-on-arrival to over 110 countries and territories in the world, including Singapore, Hong Kong and Brazil.

E-2 Investor Visa

As a Turkish citizen, you will be able to apply for the E-2 investor visa for the United States.

Straightforward process

Designed to be a smooth and straightforward process with a timeframe of 6 to 8 months to your new citizenship.

Tax relief

Turkey does not impose taxes on worldwide income, capital gains, gift, wealth and inheritance.

Minimal residency required

There are no physical residency requirements. You are not required to visit before or after the application.

Dual Citizenship permitted

There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.

Turkey | Citizenship by Investment

Legal Basis in Turkey

Article 20 of the Regulation on the Implementation of the Turkish Nationality Law (“Regulation“) stipulating the exceptional cases on which Turkish nationality is obtained, was amended by the Presidential Decree No. 106 (“Decree“) which was published in the Official Gazette dated , September 19, 2018 and entered into force on the same date. A new prerequisite for obtaining Turkish citizenship has also been introduced to Article 20 of the Regulation. Accordingly, if Capital Markets Board determines that a foreigner has purchased a share of real estate investment fund or venture capital fund with a minimum requested value of foreign currency or equivalent Turkish Lira on condition that the share would be hold by such foreigner for three years at least, Turkish citizenship can be obtained upon a Presidential decree.

Costs of Turkey Citizenship by Investment

1) Investment - Purchase of Real Estate

Minimum required investment

USD 400,000

Land Registry fee

4% of the purchase price

Official Transfer fee (paid to Land Registry)

USD 200

Property Value Report

USD 500 (approx.)

2) Acquiring a residence permit

Visa fee per person

USD 100 (approx.)

Residence Permit Fee per person

USD 20 (approx.)

Insurance per person (for adults only)

USD 100 (approx.)

3) Receiving passports

Application fee

USD 100

Application Process For Turkey Citizenship by Investment

The expected timeframe for the application process is 6-8 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice. The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. We collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

Application Process

6-8 months

*Sample of Passport

01

Step 1

We will pre-screen your passport copy for government pre-approval. A down payment of the professional fees is required to open your application. The response is in 24-48 hours.

02

Step 2

Our professional team will assist and advise you with the collection of the documents required according to the Government checklist.

03

Step 3

01

Step 1

We will pre-screen your passport copy for government pre-approval. A down payment of the professional fees is required to open your application. The response is in 24-48 hours.

02

Step 2

Our professional team will assist and advise you with the collection of the documents required according to the Government checklist.

03

Step 3

04

Step 4

We will help you choose a valuation expert that is licensed by the Capital Markets Board of Turkey and get your chosen property evaluated. The purchase must be completed by registering the applicant’s own name on the property and annotating the promise to not sell the property for at least three years.

05

Step 5

06

Step 6

We will complete and check the file of your application and send them to İstanbul for an official checking of the file via mail. After your files are complete, the evaluation process for the application will be initiated by the Directorate of the Civil Registry of the city in which the residence permit is taken.

04

Step 4

We will help you choose a valuation expert that is licensed by the Capital Markets Board of Turkey and get your chosen property evaluated. The purchase must be completed by registering the applicant's own name on the property and annotating the promise to not sell the property for at least three years.

05

Step 5

06

Step 6

We will complete and check the file of your application and send them to İstanbul for an official checking of the file via mail. After your files are complete, the evaluation process for the application will be initiated by the Directorate of the Civil Registry of the city in which the residence permit is taken.

07

Step 7

08

Step 8

Visa-free Countries for Turkey Citizenship by Investment

Visa-free and visa-on-arrival countries

120+ Countries & Territories