Turkey Citizenship by Investment Program

The Turkey Citizenship by Investment Program, formerly known as the Turkey Citizenship by Investment Program, was introduced in January 2017 to encourage foreign direct investment and stimulate growth in the country’s real estate market. Through the program, applicants can make various types of economic contributions to support Turkey’s economic development.

Situated along the Bosphorus Strait, where the city of Istanbul connects Europe and Asia, Turkey is a transcontinental nation. Its unique position at the intersection of two continents gives it considerable geo-strategic significance.

Requirements of Turkey Citizenship by Investment Program

To be eligible for citizenship, the main applicant must meet one of the following investment criteria:

• Purchase real estate valued at a minimum of USD 400,000
• Invest at least USD 500,000 in fixed capital
• Deposit a minimum of USD 500,000 into a Turkish bank
• Invest at least USD 500,000 in government bonds
• Allocate at least USD 500,000 to a real estate or venture capital investment fund
• Contribute at least USD 500,000 to a private pension system with a minimum holding period of three years
• Create employment for at least 50 individuals, as certified by the Ministry of Family, Labour and Social Services

The application may also include the main applicant’s spouse, dependent children under 18, and children of any age with disabilities.

Procedures For Citizenship by Investment in Turkey After selecting a qualifying investment option, a residence permit application will be submitted on behalf of the family, and the main applicant must open a bank account in Turkey. Once all required documents—along with necessary certifications and translations—are prepared, the investment can be finalised and submitted to the government. All contributions must be made in Turkish lira, equivalent to the specified USD amount. Applicants must also travel to Turkey to provide biometric data as part of the residence permit process. After citizenship is granted, they may proceed with the passport application. Please note that Turkish gift and inheritance taxes apply to the global assets of Turkish citizens. It is advisable to consult with a qualified professional for guidance on these matters.

Benefits of Turkey Citizenship by Investment

• Visa-free or visa-on-arrival access to more than 110 countries, including Hong Kong, Japan, and Singapore
• Citizenship in a country with a pleasant Mediterranean climate, stunning landscapes, and a high quality of life
• Full citizenship granted to the main applicant and eligible family members
• Potential eligibility for the U.S. E-2 Investor Visa after maintaining domicile in Turkey for three years, with a five-year renewable visa period
• Access to a strategically located Eurasian nation that serves as a stable economic, financial, and political bridge between Europe, Western Asia, and the Middle East

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