Türkiye is a major transcontinental country strategically positioned and bordered by three seas. A popular tourist destination, Türkiye’s location facilitates connectivity with key markets via excellent transport links. Although Ankara is its capital, the leading global city of Istanbul is Türkiye’s largest and is its main commercial and cultural center.
The Türkiye Citizenship by Investment Program allows investors to access both the European and Asian markets by making an investment into Türkiye’s economy.
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Factsheet
Minimum contribution of USD 400,000
Freedom of travel to Türkiye, Hong Kong, Japan, and Singapore, among others
The Türkiye Citizenship by Investment Program (previously named the Turkey Citizenship by Investment Program) was launched in January 2017 to attract foreign direct investment to and boost growth in the country’s real estate sector. The program allows applicants to choose from a number of different types of economic contributions to Turkish society, thereby developing the country’s economy.
With the city of Istanbul embracing Europe and Asia on the Bosphorus Strait, Türkiye is a transcontinental Eurasian country. Its location at the crossroads of Europe and Asia makes it a country of significant geostrategic importance.
To qualify for citizenship, the main applicant should fulfil one of the following investment requirements:
The main applicant may include their spouse, dependent children below the age of 18, and children of any age who are living with disabilities in their application.
After applicants have chosen the qualifying investment option, a residence permit application shall be made on the family’s behalf. The main applicant is then required to open a bank account in Türkiye.
Once all application documents have been prepared (including applicable certifications and translations), the investment can be completed and the documents submitted to the government. Contributions must be made in Turkish lira, equivalent to the USD amount. Successful applicants are required to visit the country to submit biometrics for the residence application. Once citizenship documents are issued, the passport application can be submitted.
Please note that Turkish gift and inheritance taxes apply to worldwide assets held by Turkish citizens. We recommend that you seek appropriate professional advice in this regard.
The Türkiye Citizenship by Investment Program offers citizenship to individuals and their families through substantial investments in Türkiye.
Investment options include acquiring real estate, investing in fixed capital contributions, depositing funds into a Turkish bank account, committing to government bonds, investing in a real estate or venture capital fund, contributing to a private pension system with a minimum holding period of three years, or creating jobs for at least 50 people as verified by the Ministry of Family, Labour and Social Services.
Benefits include visa-free travel to many countries, the right to live, work, and study in Türkiye, and access to a strategic location bridging Europe and Asia.
The minimum investment starts at USD 400,000 for real estate purchases.
Processing times for citizenship by investment applications may vary. Please contact us to find out more.
Yes, the main applicant can include their spouse and dependent children in their application.
There are no specific residence requirements, but applicants must maintain their investment for a minimum of three years.
Required documents include a valid passport, proof of investment or contribution, a clean criminal record, and other supporting documents.
Applicants must choose a qualifying investment, submit the application with the necessary documents, and undergo a due diligence process.
Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.
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