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Citizenship by
Investment in Turkey

Turkey, uniquely positioned at the crossroads of Europe and Asia, offers a well-established Citizenship by Investment (CBI) program through Citizenship360. Known for its rich cultural heritage, dynamic economy, and strategic geographical location, Turkey provides investors with an opportunity to secure a second citizenship that grants enhanced global mobility and access to a rapidly expanding market. The Turkish CBI program is recognized for its straightforward approach, relatively quick processing times, and inclusive family benefits.

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Why Choose Turkey?

  • Strategic Location:
    As a bridge between Europe, Asia, and the Middle East, Turkey offers unparalleled access to international markets, making it an attractive hub for both personal and business opportunities.
  • Economic Stability:
    Turkey’s growing economy, supported by sectors such as tourism, manufacturing, finance, and real estate, provides a favorable environment for foreign investors. The government actively encourages foreign capital infusion, offering a stable framework for entrepreneurship and growth.
  • Reputation:
    Turkey’s CBI program has gained global recognition for its efficiency, clear regulations, and investor-friendly approach. Citizenship360 leverages this solid reputation to guide applicants through the process smoothly and securely.

Benefits of Turkey Citizenship

  • Global Mobility:
    A Turkish passport allows visa-free or visa-on-arrival access to over 110 countries worldwide. While it does not offer the extensive visa-free travel of some Caribbean or European programs, it significantly enhances travel freedom, particularly within parts of Asia, Latin America, and Africa.
  • Quality of Life:
    Turkey combines a high quality of life with cultural vibrancy. Major cities like Istanbul provide excellent healthcare, educational institutions, and modern infrastructure. The country offers a diverse lifestyle, from cosmopolitan urban centers to picturesque coastal regions along the Mediterranean and Aegean Seas.
  • Economic Advantages:
    As a bridge between continents, Turkey provides access to thriving markets and a stable environment for long-term investments. Citizenship facilitates business expansion, access to regional supply chains, and participation in a dynamic economy.
  • Dual Citizenship and Family Inclusion:
    Turkey allows dual citizenship, enabling you to retain your original nationality. The program also extends benefits to your spouse and children, ensuring the entire family can enjoy the freedoms and opportunities associated with Turkish citizenship.
  • No Residence or Language Requirements:
    The Turkish CBI program does not require applicants to fulfill lengthy residency periods or demonstrate language proficiency. This streamlined process allows investors to obtain citizenship efficiently without significant lifestyle changes.
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Investment Options and Requirements

    • Real Estate Investment
      Investing in real estate is the most popular pathway to Turkish citizenship. Applicants must purchase one or more properties with a total minimum value of USD 400,000. The property(ies) must be held for at least three years to maintain eligibility.
    • Benefits:
      Real estate investment allows you to own property in a rapidly developing market, providing potential rental income and capital appreciation. It’s a direct, asset-based route to citizenship that supports involvement in Turkey’s robust real estate sector.
    • Capital Investment Options
      In addition to real estate, Turkey offers several other investment routes:
      Bank Deposit:
      Deposit at least USD 500,000 in a Turkish bank, maintained for a minimum of three years.
    • Fixed Capital Investment:
      Invest at least USD 500,000 in fixed capital as certified by the Ministry of Industry and Technology.
    • Government Bonds or Funds:
      Purchase government bonds, venture capital, or real estate investment fund shares worth USD 500,000, held for at least three years.
    • Job Creation:
      Establish a business that creates employment for at least 50 Turkish citizens, confirmed by the Ministry of Labor and Social Security

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Eligibility Criteria

 

Age and Health:
  • Applicants must be at least 18 years old and in good health.
  • Medical checks may be required to ensure compliance with health standards.
Background Check:
  • A clean criminal record is mandatory.
  • All applicants undergo thorough background checks by Turkish authorities to maintain the integrity and security of the CBI program.
Financial Requirements:
  • Depending on the chosen investment route, minimum required investments vary:
    • Real Estate Investment: USD 400,000 minimum.
    • Capital Investment / Bank Deposit / Government Bonds: USD 500,000 minimum.
    • Job Creation: Employment for at least 50 Turkish nationals.
  • Applicants must provide proof of the legitimate source of funds, ensuring transparency and compliance with international financial regulations.
  • Citizenship360 assists in verifying and documenting your financial background.
Dependents:
  • The CBI program allows you to include your spouse and dependent children under 18 years old.
  • This inclusivity ensures your entire family can benefit from Turkish citizenship.
  • Dependent children must be under 18.
  • Once citizenship is granted, it can be passed on to future generations, securing a legacy of freedom and opportunity for your family.

Application Process

Step-by-Step Guide:
      • Initial Consultation:
        • Personal Assessment: Discuss your goals and preferences with Citizenship360 to determine the most suitable investment route and confirm eligibility.
      • Investment Execution:
        • Asset Acquisition: Make the required investment—whether purchasing real estate, making a bank deposit, or another eligible investment—ensuring all legal and regulatory requirements are met.
      • Documentation Preparation:
        • Gathering Documents: Compile all necessary documentation, including identity proofs, financial statements, police clearance certificates, and property or investment purchase records.
      • Submission of Application:
        • Handling Application: Citizenship360 submits your complete citizenship application to the relevant Turkish authorities, ensuring accuracy and compliance.
      • Due Diligence and Approval:
        • Background Checks: Turkish authorities conduct thorough due diligence. Upon successful verification, you receive approval for citizenship.
      • Issuance of Passport:
        • Final Steps: After approval, the authorities will issue your Turkish citizenship documents and passport, marking the completion of your CBI journey.
Timeline:
    • Processing Time: The typical processing time for the Turkish CBI program is approximately 3 to 6 months from the submission of a complete application to receiving citizenship approval.
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Cost & Fees

Investment Costs:</h5
  • Real Estate Investment: Minimum USD 400,000 in approved real estate, held for at least three years.
  • Other Investment Routes:
    • Bank Deposit, Fixed Capital, or Government Bonds: USD 500,000 minimum.
    • Job Creation: Employ at least 50 Turkish nationals.
  • Additional Fees: Applicants should anticipate administrative, legal, translation, and service fees. Citizenship360 provides a transparent fee schedule during the consultation phase to ensure no hidden costs.
Payment Structure:
  • Stage Payments: Payments are typically made in stages (e.g., initial deposit, final settlement) depending on the chosen investment route and property acquisition timeline.
  • Payment Methods: Secure and flexible options are available to accommodate various financial preferences.
Refund Policy:
  • Real Estate: The property remains yours as an asset. After the three-year holding period, you may sell the property if desired.
  • Deposits/Investments: Funds placed in banks, bonds, or capital investments must remain for the required timeframe. Afterward, you can withdraw or restructure these investments subject to local regulations.

FAQ's

What are the basic requirements for Turkey’s CBI program?

Applicants must be at least 18, have a clean criminal record, meet the required investment thresholds, and provide evidence of legitimate fund sources.

Can I include my family members in my application?

Yes, you may include your spouse and dependent children under 18 years old.

Do I need to reside in Turkey or speak Turkish?

No, the program does not mandate long-term residency or language proficiency.

How long does the application process typically take?

Generally, 3 to 6 months from submission to approval, depending on the complexity of the application and volume of due diligence.

What rights do I gain with Turkish citizenship?

Citizenship grants the right to live, work, and study in Turkey, own property freely, and enjoy visa-free or visa-on-arrival access to numerous countries.

What about taxation as a Turkish citizen?

Taxation is based on residency rather than citizenship. If you become a tax resident, global income may be subject to Turkish tax laws. However, holding citizenship alone does not automatically create a tax obligation.

Are there any restrictions on the type of property I can buy?

Properties must be in government-approved categories and meet the minimum investment amount. Citizenship360 assists you in selecting properties that meet these criteria.

Does Turkey allow dual citizenship?

Yes, Turkey permits dual citizenship, allowing you to retain your original nationality.