Turkey Citizenship by Investment: Turkey Passport

Turkey Citizenship Program

Time to citizenship

3 - 4 months

Minimum Investment

US $400,000

Type of investment

Real Estate - Gov Investment - Job Creation

Visa free Countries

111 Including Hong Kong, Japan & Singapore

Overview of Turkey

The secular democratic Republic of Turkey was founded in 1923, has strategically taken its place in Eurasia. Unlike many past and closed socialist economy, Turkey has a deep-rooted history dating back to 1920. Turkey is located between the Asian and European continents, with a land area of 783,600 km2 and a population of 82 million people. Turkey is considered the largest country of the region of any European state in terms of territory, population, and land area. Indeed, Turkey is always a popular destination for leisure, business, and health because of the combination of natural landscapes and historical sites, as well as world-class health facilities and hospitals, in addition to the thriving business destinations and great hotels. Turkey, with a GDP of around $ 800 Billion, 15th largest GDP-SAP, as well as the world’s 16th largest economy, has become one of the youngest economies.

Language

Language

Turkish

Currency

Currency

Turkish Lira

Land

Total Area

783,356 km2

Capital

Capital

Ankara

Government

Government

Unitary Presidential Constitutional Republic

Population

Population (2022)

86,133,997

Citizenship by Investment Program of Turkey

Turkey has begun to grant Turkish citizenship to foreign investors as Turkish Citizenship regulations have been further amended to encourage foreign investment in 2017.

After initially setting the investment threshold at US $1,000,000 the Turkish government reduced it to the US $250,000 in 2019 to make the CBI more attractive. The Turkey Citizenship by Investment Scheme provides one of the fastest and simplest ways to secure a second passport. 

The application process is straightforward and you can become the proud holder of a Turkish passport within as little as six months.
A wide variety of investment options are available including US $400,000 investment in real estate, US $500,000 cash deposit at a Turkish bank, US $500,000 cash purchase of government bonds, or the creation of 50 jobs in Turkey.
Family

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

  • Spouse
  • Dependent children under the age of 18
  • Dependent children over the age of 18 only obtain Turkish citizenship if they have a disability or require care.

Citizenship and Passport Benefits of Turkey

  • Visa-free access to over 110 countries and territories, including Japan, South Korea, Hong Kong, and Singapore
  • No residency requirements meaning you can secure Turkish citizenship entirely remotely
  • Free medical care is available to all Turkish citizens
  • Easy access to the US E-2 Visa scheme whereby Turkish citizens can relocate to the US and set up a business
  • Turkish citizenship is for life and hereditary as descendants under the age of 18 automatically become Turkish citizens
  • Free school and university education

Turkish Citizenship Through Real Estate Investment

Investors choosing the real estate option can obtain a Turkish citizenship and passport by purchasing one or more pieces of real estate to the value of at least US $400,000. The property must remain with the investor for at least three (3) years during which it can be rented out.

Turkey Citizenship Through Bank Cash Investment

It is also possible to obtain a Turkish passport by either depositing US $500,000 at a Turkish bank for three (3) years or purchase government bonds to the same value and keep them for (3) three years. Under the guidance of the Ministry of Industry and Technology, you can also invest US $500,000 in fixed assets.

Turkey Citizenship Through Job Creation

Entrepreneurs can also secure a Turkish passport by setting up a company and creating at least 50 jobs under the guidance of the Ministry of Labor and Social Security.

Turkey Citizenship by Investment Cost

Real Estate option

US $400,000

Governmental Investment option

US $500,000

Company Setup option

Create 50 Jobs for Turkish Citizens

How to Qualify for Turkish Citizenship?

  • Main applicant must be 18 years of age or older
  • Applicants must have no criminal record

Reach us to learn all about Turkey Program, Application Details and Visa-Free Countries

Over the past several years, the government of Turkey has been successfully working on expanding its list of Visa-free countries. For now, holders of a Turkish passport have Visa-free access to 111 countries.

FAQ’s About Turkey Citizenship

How can I get Turkish citizenship?
You can become a Turkish passport holder in several different ways. For starters, you can purchase real estate worth a minimum of $400,000. You can also become a Turkish citizen by depositing $500,000 in a Turkish bank or purchasing government bonds worth $500,000. Finally, you can also obtain a Turkish passport by creating 50 jobs in Turkey.
Can I get Turkish citizenship by buying a house?
Yes, you can. If you buy real estate with a minimum value of $400,000 you become eligible to apply for Turkish citizenship. Other conditions apply, however, purchasing a property in Turkey is a convenient way to secure a Turkish passport. The $400,000 can be the value of one or several properties.
What are the benefits of Turkish citizenship?

Apart from Visa-free access to over 110 countries and the US E-2 Visa scheme, allowing you to relocate to and start a business in the United States, a Turkish passport also opens the possibility of setting up home and business in the United Kingdom.

Turkish citizens also have life-long access to free medical care and free social service on retirement, as well as free education for their offspring in Turkey.

As the world’s 16th largest economy, Turkey is a vibrant nation with over 60,000 international businesses trading there and a population average age of just 31.5.

Applying for and securing Turkish citizenship is straightforward and quick. Within as little as two months, you can become a Turkish citizen.

How strong is the Turkish passport?
In the “Guide Passport Ranking Index”, the Turkish passport comes 53rd out of 112. The rankings are predominantly down to the number of countries with Visa-free access. With 111 countries granting Visa-free access to Turkish citizens, investors from many countries will benefit greatly from securing a Turkish passport.
How long does it take to get Turkish citizenship?
First you need to gather the relevant documents which normally takes 3-4 days. Then, the relevant authorities examine them within 30-60 days while you prepare your investment. On completion, you submit your application for citizenship and will receive your passport within 60 days. Before applying, you must secure a residency permit. All in all, it takes 4-6 months to secure Turkish citizenship.

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