Türkiye Citizenship by Investment

Turkey’s Citizenship by Investment program offers a relatively affordable pathway to citizenship compared to other countries with similar programs. It provides investors and their families with the opportunity to obtain Turkish citizenship and take advantage of Turkey’s strategic location, economic opportunities, and visa-free access to many countries. However, potential applicants should carefully assess the risks and benefits and consult with legal and financial experts to ensure they meet all the requirements and navigate the process smoothly.

Benefits of the Türkiye Citizenship by Investment Program

Visa-Free Travel: Turkish citizens enjoy visa-free or visa-on-arrival access to over 110 countries, including Japan, South Korea, and many countries in Africa and the Middle East.
Dual Citizenship: Turkey allows dual citizenship, meaning investors do not have to renounce their original nationality.
Access to the European Union: While Turkey is not an EU member, it has a Customs Union Agreement with the EU, which facilitates trade and business opportunities.
Quality of Life: Turkey offers a high standard of living, a rich cultural heritage, and a strategic location bridging Europe and Asia.
Business Opportunities: The country’s growing economy, relatively low cost of living, and strategic position make it an attractive location for business and investment.
Family Inclusion: The program allows the investor to include their spouse and children under 18 in the citizenship application.

Procedures for the Türkiye Citizenship by Investment Program:

Choose the Investment Option: The first step is to select one of the eligible investment options, such as purchasing real estate worth at least $400,000 USD, making a capital investment of $500,000 USD, or other qualifying investments (e.g., government bonds, job creation, or bank deposits).
Make the Investment: After selecting the investment type, the investor must complete the transaction, ensuring that the investment meets the required minimum amount. In the case of real estate, the property must be valued by an official appraisal.
Obtain a Residence Permit: Once the investment is made, the investor and their immediate family (spouse and children under 18) apply for a short-term residence permit in Turkey. This allows them to stay legally in the country during the application process.
Submit Citizenship Application: After obtaining the residence permit, the investor submits a Turkish citizenship application to the Ministry of Interior, along with all required documentation, including proof of investment, passport copies, and biometric information for all applicants.
Due Diligence and Review: The government will conduct a thorough background check, including criminal history and source of funds verification. The Ministry of Interior will assess the application and verify the investment to ensure it complies with the program requirements.
Approval and Citizenship Grant: If the application passes due diligence and meets all criteria, the Turkish government grants citizenship to the investor and their family members. The family can obtain Turkish passports, officially becoming Turkish citizens.
Investment Retention: The investor must maintain the investment for at least three years. If the investment is sold or withdrawn before the three-year period, Turkish citizenship may be revoked.