The newly launched Turkish Citizenship by Investment program is the fastest way to obtain the Turkish citizenship within an approximate period of 6 months. Applicants who purchase real estate in Turkey for a value of USD 250,000 shall legally become citizens of Turkey with the same rights as any Turkish national.
The second most reasonable option is, the foreigners determined by the Banking Regulation and Supervision Agency that have deposited cash at least in the amount of USD 500.000,00 to the banks operating in Turkey on the condition to keep for 3 years may exceptionally acquire Turkish citizenship.
Types of Getting Turkish Citizenship by Investment
There are 5 different options to get your Turkish Citizenship, this means, it is possible to obtain Turkish Citizenship for yourself, as well as for your family members: your wife and children below 18 years old (18 years old included) with proceeding one of the undermentioned investment options according to your choice, and once the required conditions are duly met.
Stipulates that a minimum amount of property (real estate) investment shall be made for $250.000 USD on the condition to not sell the invested property within the next 3 years. The amount has been reduced from $1.000.000 USD to $250.000 USD recently.
Requires to deposit $500.000 USD in cash (or the equal value in Turkish Lira) for at least 3 years in one of the Turkish Banks.
Requires that a fixed capital investment shall be made minimum of $500.000 USD (or the equal value in TL). This investment shall be confirmed by the Ministry of Industry and Technology.
Bonds & Bills
Government bonds and bills to be purchased on the condition to hold them for at least 3 years. And this investment shall be confirmed by the Ministry of Treasury and Finance.
An investment to be made into a Turkish real estate investment trust, or buy the shares of the venture capital investment fund with a minimum amount of $500.000 USD.
Benefits of Turkey Citizenship
Visa Free Travel
Visa-free access to 110+ countries in the world including Japan, South Korea, Singapore major countries in Asia and South America
Lifetime citizenship extended to future generations of family and children
No need to renounce your current citizenship(s), therefore benefiting from all nationalities.
No residency requirements, you are entitled to apply instantly, and no interview, education or management experience required
The program is based on the law & is guaranteed by the government.
A renewable Passport with ten years’ validity along with a Turkey Identity Card
Visa Free Countries for Turkey
Visa free and visa on arrival countries
Antigua and Barbuda
Bosnia and Herzegovina
Saint Kitts and Nevis
Saint Vincent and the Grenadines
São Tomé and Príncipe
Trinidad and Tobago
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Frequently Asked Questions
In case the property in the amount of 1.000.000 USD is purchased before the new legislation which is September 19, 2018, the applicant may place the aforementioned annotation (the restriction to not to sell the property for 3 years) and directly apply for the citizenship. In other words; the applicant does not have to purchase another property in case he owns a property worth 1.000.000 USD.
Depending on the number of the family members, the charges are around TRY 2.000 – 5.000 for a family of four.
No, the fee is only for services to be rendered. In other words, our fee is excluded from any charge, fee etc.
As previously explained, the following order is advised to be followed and please see the fee and charge estimation underlined;
(I) The property is selected by the client. Such property value shall be over USD 250.000.
(II) The applicant should check whether there is army permission on the property. If not, receiving the army permission takes around 2 months.
(III) An expert report is issued by a certified valuation company. (optional) Even though this is optional, the charge of such expert fee is around 1.000 – 2.000 TRY
(IV) The property transfer is completed at the title registry with the condition that the amount of USD 250.000 is written in the deed. There is 3% title deed transfer fee which calculated over the full purchase price.
(V) Once the transfer is completed, the application process begins. Since the law is very recent, the application fees are not precisely determined however it will not exceed 5.000 TRY
You may be exempt from VAT (8%) in case you meet the following requirements;
- The property shall be residence or workplace
- Such property shall be purchased for the first time
- The purchasing price is transferred from the international bank account to the Seller’s Turkish bank account
- The applicant is not residing in Turkey. In case s/he has received a residence permit before, such applicant cannot be exempt from VAT.
- In case the property is sold following 1 year the purchase, the VAT amount shall be paid to the tax office with the interest