Turkey is a transcontinental nation that bridges Asia and Europe. It is often considered an Asian country due to 97% of its territory in Asia.
Turkey boasts beautiful landscapes and intriguing natural wonders, such as Cappadocia. The country is also known for its vibrant culture and rich history, which has helped establish Turkey as one of the world’s major tourist destinations.
The country is home to 19 UNESCO World Heritage Sites, including Göbekli Tepe. At around 11,500 years old, the site is thought to be the location of one of humanity’s oldest known civilisations.
The Turkey Citizenship by Investment Programme was launched by the government in 2017 to stimulate economic growth through foreign investment.
The programme offers various investment options and routes to securing Turkish citizenship. These include real estate investments and economic contributions, with the minimum investment starting at $400,000.
As Turkish citizens, investors benefit from access to the Asian and European markets due to the geographic location of Turkey. Successful applicants will also receive a Turkish passport, granting visa-free travel to over 110 countries.
Investors also have the option to apply for the E-2 Investor Visa, allowing them to relocate to the U.S.
Visa-free travel to over 110 counties
No minimum stay requirements
A cost-effective route to Turkish citizenship
A fast process taking 3-4 months on average
Pathway to the U.S. E2 Investment Visa
Family members are eligible for citizenship
Invest a minimum amount of $400,000 in Turkish real estate. The investment can be in a single property or multiple properties.
Property investments can include residential housing, commercial property and plots of land. All can be sold after three years. However, it can not be used in future Turkey Citizenship by Investment applications.
Related taxes and fees apply at a fixed rate, regardless of how many people are included in the citizenship application. Government fees also apply at $574 for each family member.
Deposit at least $500,000 in a Turkish bank account. Those who choose this investment route can withdraw funds from the account after three years.
Invest at least $500,000 into a real estate investment fund or venture capital investment fund shares. Alternatively, purchase government bonds worth at least $500,000. With both others, the investment must be held for a minimum of three years.
Invest $500,000 into a Turkish company. Alternatively, start a company that will create at least 50 jobs. After three years, the investor can sell their share of the business.
The Turkey Citizenship by Investment Programme grants successful applicants a Turkish passport that provides visa-free travel to over 110 countries.
One of the other key benefits of Turkish citizenship is that it offers a straightforward option for those looking to relocate to the U.S. for personal or business purposes.
Turkish citizens can apply for an E-2 Visa, which allows investors and their families to live and work in the U.S.
To be eligible for the programme and qualify for Turkish citizenship, applicants must meet the following criteria:
Those who select the real estate option can choose to sell the property after three years. The deposit must remain in a Turkish bank for at least three years for bank transfers. Money invested in funds or government bonds must also be maintained for at least three years. If applicants take the business investment route, shares in the company can be sold after three years.
The Turkey Citizenship by Investment Programme does not have any minimum stay requirements. This means investors can travel to and from Turkey without restrictions while maintaining their residence permits.
Family members can be included in the application. Those eligible include:
For parents of the principal applicant and children over the age of 18, it is possible to get a residence permit for a fee of $5,000 per person.
|Citizenship or Residency Programme?||Citizenship or Residency Programme?Citizenship|
|Minimum Investment Amount||Minimum Investment Amount$400,000|
|Minimum Stay Requirement||Minimum Stay RequirementNo|
|Initial Permit Duration||Initial Permit DurationN/A|
|Time to Residence||Time to ResidenceN/A|
|Time to Citizenship||Time to Citizenship3-6 months|
|Family Inclusion?||Family Inclusion?Spouse and children up to 18|
|Right to Work?||Right to Work?Yes|
|Type of Document Received||Type of Document Received?Certificate of citizenship and passport|
|No. of Visa-Free Countries with Passport?||No. of Visa-Free Countries with Passport?114|