Turkish Citizenship by Investment Programme
Turkey welcomes foreign investors to apply for Turkish citizenship. The Turkish Citizenship Law No. 5901 dated 18 September 2018 disposes that foreign citizens investing in Turkey will be granted the right apply for Turkish citizenship.
There are numerous ways clients can obtain Turkish citizenship, but the most preferred investment options are the bank deposit and real estate options:
BANK DEPOSIT: Clients must deposit 500,000 USD (or equivalent) to a Turkish bank and must not withdraw this amount for 3 years.
REAL ESTATE: Clients must purchase an immovable property worth at least 250,000 USD and must not sell this property for 3 years. During the 3 years, clients are able to rent the property for an additional income, which we also provide services in through our real estate agent contacts.
Benefits of Turkish Citizenship
STRONG PASSPORT: Visa-free access to up to 115 countries.
FAST PROCESSING TIMES: Once you invest in Turkey, Turkish citizenship can be obtained within 3-4 months.
NO RESIDENCY REQUIREMENT: No requirement to stay in Turkey.
TURKISH ECONOMY: The Turkish economy has witnessed a stable growth, being in the Top 20 largest economies worldwide – this has made Turkey an attractive location for investment opportunities.
ACCESS TO E-2 VISA: Turkey is an E-2 Treaty Country with the US, and therefore, obtaining Turkish citizenship makes you eligible for this visa category.
DUAL CITIZENSHIP: No requirement to give up existing citizenship.
MEDICAL CARE AND EDUCATION: Access to free medical care and free education and university reimbursement plans, including family members.
STRONG DIPLOMATIC RELATIONS: Despite some past diplomatic hostilities, future access to the EU without visa seems highly likely. Turkey continues to be an official candidate for EU membership, and its the post-Brexit trade deal with the UK has safeguarded $25 billion worth of businesses between the two countries. This has made both the UK and Turkey the largest economies on the fringes of the EU. As a result of the deal, bilateral relations have strengthened and Turkey has continued being a particularly important partner and ally for European states. Turkey is also a member of NATO and the G20 countries.