The turkey citizenship by investment program was initiated in January 2017 to attract foreign direct investments and boost growth in the country’s real estate sector. This initiative allows candidates to select from various economic contributions, fostering Turkey’s economic development. Positioned at the crossroads of Europe and Asia along the Bosporus Strait, Turkey holds significant geopolitical importance as a transcontinental Eurasian nation.

Ways to obtain Turkey citizenship by investment

• Purchasing real estate worth $400,000 and holding it for at least 3 years.
• Investing $500,000 in a capital investment fund.
• Depositing $500,000 in a Turkish bank account and holding it for at least 3 years.
• Investing $500,000 in government bonds that should be maintained 3 years.
• Investing $500,000 in shares of a real estate investment fund.
• Establishing a company that will provide employment opportunities for at least 50 people, as certified by the Ministry of Family, Labor, and Social Services, also qualifies for citizenship.

Eligibility Requirements for Turkey citizenship by investment

• Must have a clear criminal record.
• Be of outstanding character.
• Any property or investment needs to be held for a minimum of three years after the awarding of citizenship.
• All amounts may be invested in Turkish lira but the investor needs to be aware of currency fluctuations when making the investment.

Benefits of obtaining Turkey citizenship by investment

• This program provides visa-free or visa-on-arrival access to 111 destinations, including popular countries such as Hong Kong, Japan, and Singapore, Oman, Qatar and Morocco.
• Turkish citizenship offers a mild Mediterranean climate, beautiful scenery, and a high standard of living in a transcontinental Eurasian country.
• May be eligible for an E-2 Investor Visa in the USA for a five-year renewable period, allowing for potential business opportunities in the United States (All conditions applied).
• Turkey has a stable economic, financial, and political environment, making it an attractive hub for investment and business between Europe, Western Asia, and the Middle East.

Process and Steps to Obtain Turkey Citizenship and Passport

• Step 1: Examine and assess properties in Turkey
• Step 2: Conclude the acquisition of the property
• Step 3: Initiate the application for residency status
• Step 4: Submit the application for citizenship and obtain a passport.

FAQs about Turkey Citizenship by investment Program

What is the estimated processing time to get the passports?

On average the whole process should take from 3 to 6 months.

Who would be eligible to receive Turkish citizenship under my application?

Aside from yourself, your spouse, and all children under 18 years of age would automatically qualify under your application.

Would I be allowed to hold onto my original citizenship if I become a Turkish citizen?

Yes. In fact, the Turkish governments have no restrictions on the number of citizenships held by an applicant.

Can the investor buy more than one property and apply for the Turkey Citizenship by Investment Program?

Yes, it is permissible to purchase multiple properties in order to qualify for the Turkish Citizenship by Investment Program, as long as the total investment amount meets the program’s criteria.

Will my Turkish citizenship expire at any time in the future?

No. Once you have held onto your investment for the minimum period of 3 years, you will become a Turkish citizen for life, as will your spouse and children.