TURKISH CITIZENSHIP BY INVESTMENT

The Turkish Citizenship by Investment program, introduced in 2017 and updated in 2018, allows foreign nationals to acquire Turkish citizenship through targeted investments. This attractive program offers investors and their families the opportunity to obtain a Turkish passport and enjoy numerous benefits.

 

Investment Options

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1. Purchase Real Estate Worth $400,000:

• The property must be held for at least 3 years.

• Multiple properties can be combined to meet the minimum value.

 

2. Deposit $500,000 in a Turkish Bank:

• Funds must remain locked for at least 3 years.

 

3. Government Bonds:

• Invest $500,000 in government bonds with a 3-year holding period.

 

4. Fixed-Asset Investment:

• Establish a business or invest in fixed assets worth $500,000.

 

5. Job Creation:

• Employ at least 50 Turkish citizens in your company.

 

6. Insurance and Pension Deposit:

• Deposit $500,000 with a minimum term of 3 years.

 

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Application Process

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1. Tax Number:

Obtain a Turkish tax number from the local tax office.

 

2. Bank Account:

Open a Turkish bank account with a passport, tax number, and proof of residency.

 

3. Investment:

Process the investment via bank transfer (receipts required).

For real estate: Register the property with a restriction of “no sale for 3 years.”

 

4. Residence Permit:

Apply for a residence permit, which is required for citizenship application.

 

5. Citizenship Application:

Submit the required documents to the designated government office.

 

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Key Benefits of Turkish Citizenship by Investment

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• Citizenship for the Whole Family:

Spouses and children under 18 also gain Turkish citizenship.

 

• Lifetime Citizenship:

Turkish citizenship is permanent and does not require renewal.

 

• Visa-Free Travel:

Access to 102 countries without a visa.

 

• No Residency Requirements:

Applicants are not required to live in Turkey.

 

• Dual Citizenship Allowed:

Turkey allows dual or multiple citizenships, though applicants should check their home country’s regulations.

 

• Fast Processing Time:

Applications are typically processed within 45–60 days.

 

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Required Documents

• Completed application form

• Passport and copies

• 12 biometric passport photos per family member

• Birth certificates

• Marriage certificate (if applicable)

• Proof of valid health insurance

• Residence permit or valid visa

• Tax payment receipt

• Title deed or notarized purchase agreement

• Property appraisal report

• Bank transaction receipts for investment confirmation