About Turkish Citizenship
The Turkey Citizenship-by-Investment Program was launched in January 2017 to attract foreign direct investment to and boost growth in the country’s real estate sector. The program allows applicants to choose from a number of different types of economic contributions to Turkish society, thereby developing the country’s economy.
With the city of Istanbul embracing Europe and Asia on the Bosphorus Strait, Turkey is a transcontinental Eurasian country. Its location at the crossroads of Europe and Asia makes it a country of significant geostrategic importance.
Benefits of Turkish citizenship
- Visa-free or visa-on-arrival access to 115 destinations including Hong Kong, Japan, and Singapore
- Rental income and option to re-sell the property in 3 years
- Fast relocation to the UK: Option to relocate to the uk and establish your business as a turkish business person
- No residency requirements prior to or after citizenship has been granted, the whole process can be obtained remotely
- Valid for life: Citizenship is transferable to descendants
- Property investment with no donation: Option to buy one or several properties for a minimum total value of USD 250,000
- Entire family are eligible: This includes spouses, children under 18 years old, and disabled children of any age
Turkish Citizenship Programs
You can become a Turkish Citizen with CIP Consulting assurance by choosing one of the investment options below
1. Property Investment
You can apply for Turkish citizenship by purchasing at least USD 250,000 or equivalent to the same amount in Turkish Lira should be invested in immovable property. The purchased real estate is restricted to be sold for the next 3 years. This should be confirmed by the Ministry of Environment and Urbanization.
- Residential or commercial property purchase
- The property can be let for rental income, or sold after 3 years
- Investors are not limited to investing into only a single property and have the right to acquire several properties
2. Fixed Capital Investment
A minimum of USD 500,000 or equivalent to the same amount in Turkish Lira should be invested as a fixed capital investment and confirmed by the Ministry of Industry and Technology.
- Fixed-asset investment confirmed by the Ministry of Industry and Technology
- USD 500,000 deposit in a Turkish bank for a minimum of 3 years
- Government bonds with the potential to receive interest as income. Investments to be kept for 3 years
3. Deposit Investment
A minimum deposit payment of USD 500,000 or equivalent to the same amount in Turkish Lira to any Turkish operating bank. The amount should be held in the bank for 3 years and confirmed by the department of banking regulation and supervision.
4. Governmental Bonds and Bills Investment
A minimum of USD 500,000 or equivalent amount in Turkish Lira to be spent on governmental bonds and bills, restricted with the condition to hold them for at least 3 years. This investment should be confirmed by the Ministry of Treasury and Finance.
5. Generate Employment
A family who provides labor for at least 50 employees and confirmed by the Ministry of Family, Labor and Social Services.
6. Fund Share and Capital Investment
A minimum of USD 500,000 or equivalent amount in Turkish Lira should be invested in a real estate investment fund or through buying the shares of the venture capital investment fund and this investment will be restricted from withdrawal for 3 years for both options.
Turkey Specialist
Mr. Mustafa Değirmenci
For more information about Turkey, please contact Turkey Expert Now.
Toll free: +1 (888) 521-9809
Email: turkey@locanal.com