Türkiye
Citizenship by Investment
Minimum investment
USD 400,000
Processing time
3-6 months
Physical presence
no residence permit is required as a pre-condition to acquire real estate in Turkiye, but successful applicants must visit Turkiye in person to submit biometrics for the residence application
- Investment route
- •Real estate purchase worth at least USD 400,000, with a 3-year title-deed resale restriction, attested by the Ministry of Environment, Urbanization and Climate Change
- •Fixed capital investment of at least USD 500,000, attested by the Ministry of Industry and Technology
- •Bank deposit of at least USD 500,000 held for 3 years, attested by the Banking Regulation and Supervision Agency
- •Government bonds worth at least USD 500,000 held for 3 years, attested by the Ministry of Treasury and Finance
- •Real estate investment fund or venture capital investment fund shares worth at least USD 500,000 held for 3 years, attested by the Capital Markets Board of Turkiye
- •Private pension system contribution of at least USD 500,000 held for 3 years, attested by the Insurance and Private Pension Regulation and Supervision Agency
- •Job creation for at least 50 people, attested by the Ministry of Labor and Social Security
- Investment breakdown
- •all thresholds are per Presidential decision published in the Official Gazette (18 September 2018 regulation, real estate raised from USD 250,000 to USD 400,000 in 2022)
- •multiple smaller real estate purchases can be combined to reach USD 400,000
- •payments must be made in Turkish lira equivalent to the USD amount through the Turkish banking system
- •the real estate title deed and acquisition application must explicitly state the citizenship purpose and include a declaration not to sell for 3 years
- Additional fees
- •title deed transfer tax (generally 4%), notary and translation fees, and mandatory earthquake insurance for buildings
- •annual property tax and maintenance fees apply after purchase
- •government fees apply to the non-real-estate investment routes as well
- Eligibility
- •18+
- •Clean criminal record
- •Investment value must be maintained/held for the required period
- Due diligence
- •the relevant government body for each route (Ministry of Environment/Urbanization for real estate, Ministry of Industry and Technology for fixed capital, Banking Regulation and Supervision Agency for deposits, Ministry of Treasury and Finance for bonds, Capital Markets Board for fund shares, Insurance and Private Pension Regulation and Supervision Agency for pension contributions, Ministry of Labor and Social Security for job creation) must formally attest the investment before citizenship can be granted
- •final decision rests with the President of the Republic of Turkiye
- Family inclusion
- spouse and children under 18
- Naturalization
- citizenship is granted directly by Presidential resolution upon attestation of the qualifying investment — no residency period is required
- Renewal
- citizenship is permanent
- Dual citizenship
- Fully permitted — Turkey allows dual and multiple citizenship
- Key benefits
- •One of the fastest large-economy citizenship options
- •Qualifying US investors may separately pursue the E-2 Treaty Investor Visa
- •Visa-free or visa-on-arrival access to 110+ destinations
- Taxation
- •worldwide income taxed only if tax-resident in Turkey (183+ days per year)
- •non-resident citizens owe no Turkish tax on foreign-sourced income
Application process
- 1.select a qualifying investment (commonly real estate)
- 2.obtain an official appraisal report confirming value
- 3.complete purchase/deposit and register with authorities
- 4.apply for a conformity certificate
- 5.submit citizenship application and biometrics