Turkish Citizenship Program

The Turkish Citizenship Program offers a pathway to citizenship within 4 to 6 months through a minimum investment of US $400,000. The types of eligible investments include real estate, government investment, and job creation. Participants in the program can enjoy visa-free access to 111 countries, including Hong Kong, Japan, and Singapore.

Turkish Citizenship by Investment Program

The Turkish Citizenship by Investment Program, established in 2017, offers a fast and uncomplicated route to obtaining a second passport. Originally requiring a US $1,000,000 investment, the investment threshold was lowered to US $250,000 in 2019 to enhance the program’s appeal. However, in April 2022, the minimum investment value for real estate was raised to US $400,000 by the Turkish government.

The application process is simple and you can acquire a Turkish passport in as little as six months. Various investment options are available, including investing US $400,000 in real estate, depositing US $500,000 in a Turkish bank, purchasing government bonds worth US $500,000, or creating 50 jobs in Turkey.

Which Family Members Can Be Added in the Same Turkish Citizenship by Investment Application?

The Turkish Citizenship by Investment Program allows the following family members to be added in the same application:

1. Spouse of the main applicant
2. Dependent children under the age of 18 of the main applicant and/or spouse
3. Dependent children over the age of 18 of the main applicant and/or spouse, only if they have a disability or need care.

It is important to note that each family member included in the application must meet the eligibility requirements of the program, and their citizenship will be processed simultaneously with the main applicant.

Turkey Overview

Located between Europe and Asia, Turkey is a country with stunning natural beauty, rich culture, and promising economy. It has become a popular destination for both tourists and individuals looking to obtain a second passport. As the 16th largest economy globally, Turkey boasts a youthful and dynamic population. It is a member of NATO and the G20, and also a candidate for accession to the European Union.

The official language of Turkey is Turkish, and the currency is the Turkish Lira. With a total area of 783,356 square kilometers, Ankara serves as the capital of the country. The government system is a unitary presidential constitutional republic, and the current population is approximately 83,154,997 people.

Turkish Citizenship by Investment through Real Estate

If you are considering obtaining Turkish citizenship, the real estate investment option might be the right choice for you. With this option, investors can purchase one or multiple properties valued at US $400,000 or more and qualify for Turkish citizenship and a passport.

To be eligible for citizenship through real estate investment, the purchased property must be owned for a minimum of three years. During this time, the property can be rented out for additional income.

Investing in real estate in Turkey has become a popular route to obtaining citizenship due to the country’s growing economy, attractive location, and relaxed regulations. Furthermore, Turkey offers an affordable cost of living and a high quality of life, making it an ideal destination for investors looking to establish a new home or expand their business in the region.

The Turkish government has made it easier for investors to obtain citizenship through real estate investment by streamlining the process and offering various benefits. Investors who choose this route can enjoy all the perks of being a Turkish citizen, including the ability to live, work, and travel freely within the country and the European Union.

How to Obtain Turkish Citizenship through Governmental Investment

Aside from the real estate investment option, investors can also obtain Turkish citizenship through governmental investment. This can be done in several ways, including depositing US $500,000 at a Turkish bank for a minimum of three years, purchasing government bonds, or investing in fixed assets.

Under the guidance of the Ministry of Industry and Technology, investors can invest US $500,000 in fixed assets and qualify for Turkish citizenship. This type of investment offers a range of benefits, such as tax breaks and support from the government.

Another option for obtaining Turkish citizenship is to purchase government bonds worth at least US $500,000 and hold them for a minimum of three years. This option offers a secure investment opportunity, with the added benefit of obtaining Turkish citizenship and a passport.

Depositing US $500,000 at a Turkish bank for a minimum of three years is another route to obtaining Turkish citizenship. This investment option provides an opportunity to earn interest while also qualifying for citizenship.

The Turkish government has made it easy for investors to obtain citizenship through governmental investment by providing clear guidelines and support. With a Turkish passport, investors can enjoy the benefits of living, working, and travelling freely within Turkey and the European Union.

How to Obtain Turkish Citizenship through Job Creation

Entrepreneurs looking to obtain Turkish citizenship have the option to do so through job creation. This can be achieved by setting up a company and creating at least 50 jobs under the guidance of the Ministry of Labor and Social Security.

To qualify for Turkish citizenship through job creation, entrepreneurs must first establish a company in Turkey and demonstrate a commitment to creating jobs. This can be achieved by hiring Turkish citizens and registering them with the Social Security Institution.

Once the 50-job creation target has been reached, entrepreneurs can apply for Turkish citizenship and enjoy all the benefits that come with it. This includes the ability to live, work, and travel freely within Turkey and the European Union.

The Turkish government has made it easy for entrepreneurs to obtain citizenship through job creation by providing clear guidelines and support. Furthermore, the country’s strategic location, growing economy, and favorable business environment make it an ideal destination for entrepreneurs looking to establish a new business or expand their existing one.

Cost of Obtaining Turkish Citizenship by Investment

Obtaining Turkish citizenship through investment can be achieved through several options, each with its own cost. Here is an overview of the minimum investment required for each of the three main options:

Real Estate Option: To obtain Turkish citizenship through the real estate option, investors must purchase one or more properties valued at a minimum of US $400,000. The property must be held for a minimum of three years, during which it can be rented out for additional income.

Governmental Investment Option: Investors can also obtain Turkish citizenship by depositing a minimum of US $500,000 in a Turkish bank for a minimum of three years, purchasing government bonds, or investing in fixed assets. This option offers several benefits, including tax breaks and support from the government.

Company Setup Option: Entrepreneurs looking to obtain Turkish citizenship through job creation must establish a company in Turkey and create at least 50 jobs for Turkish citizens. The cost of establishing a company varies depending on the type of business and the location.

In addition to the investment costs, there may be additional fees associated with the citizenship application process, such as legal and administrative fees.

Qualifying for Turkish Citizenship: Age and Criminal Record Requirements

To qualify for Turkish citizenship, applicants must meet certain requirements. Here are the two main criteria that applicants must meet:

Age Requirement: The main applicant must be 18 years of age or older. Applicants who are minors must have their legal guardians or parents apply on their behalf.

Criminal Record Requirement: Applicants must have no criminal record. This includes criminal records from their home country as well as any other countries where they have lived. Applicants who have a criminal record may not be eligible for Turkish citizenship.

In addition to these two requirements, there may be other criteria that applicants must meet depending on the investment option they choose. For example, investors who choose the real estate option must hold the purchased property for a minimum of three years, while entrepreneurs who choose the job creation option must create at least 50 jobs for Turkish citizens.