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TURKEY

CITIZENSHIP BY INVESTMENT

Overview

The Turkey Citizenship-by-Investment Program was launched in January 2017 to attract foreign direct investment and to boost growth in the country’s real estate sector. This program allows foreign investors to acquire citizenship under certain conditions. Applicants obtain an irrevocable citizenship and passport without having to reside in the country or renounce their current nationality.

  • icon Processing time

    2 – 5 months

  • icon Visa free travel

    Instant visa-free travel to 111 countries, including Japan, South Korea, Singapore and other major countries in Asia, Africa and South America

  • icon Investment type

    Real Estate Investment in Turkey

  • icon Investment cost

    Real Estate Investment of USD 250,000

  • icon Family dependents

    Spouse and Children under 18 years old

  • icon Passport validity

    For persons above 16 years of age it will be valid for 10 years, for children under 16 it is valid for five years

Citizenship law or Residency Law

Country Info

Located in the heart of the Middle east and Europe, Turkey is separated by Anatolia by Black sea, Bosphorus, Marmara, Dardanelles and
Aegean Sea. Turkey is one of the largest emerging markets in the world. The country’s geographical location and overall global economic power makes Turkey an attractive place for investors worldwide.

It is the 17th largest economy in the world with a nominal GDP of USD 849.48 billion, which is set to be part of the Trillion-dollar Club in 2020. Only 16 countries are in this club. Turkey’s cost of living makes the country one of the best locations for retirement.

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CAPITAL

Ankara

POPULATION

83,734,434

LANGUAGE

Turkish

GOVERNMENT TYPE

Republican Parliamentary Democracy

CURRENCY

Turkish Lira (TRY)

EXCHANGE RATE

1 USD = 6.7 TRY

Benefits

Costs

To be eligible for citizenship of Turkey under its Citizenship by Investment Programme, applicant is required to make a property investment in Turkey’s real estate market.

1. REAL ESTATE INVESTMENT IN TURKEY

Real Estate Investment in freehold property with title deed or land. The investment must be completed before applying for the citizenship

Minimum Investment (must hold for at least 3 years
USD 250,000
GOVERNMENT FEES

In addition to the purchase of real estate, there are Government fees to be paid.

Adult Applicant
USD 2,000
Minor Applicant
USD 1,000

Citizenship Invest professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A detailed quotation with no hidden costs is provided for the specific case.

Required Documents

Citizenship Invest appoints a Document Collection Specialist for each case. The firm offers a bespoke service that simplifies the application process, requesting from clients the bear minimum. Our job is to simplify the document collection as much as possible and when required we obtain the documents for the client without their involvement. Please note the below list is to be used as a guideline only, after assessing the particular case Citizenship Invest prepares a personalized checklist.

Documents required from each applicant including children:

• Certified copy of all passports held
• Original excerpt of full birth record or certified copy of full birth certificate with MOFA attestation (i.e. a birth document that also includes your parent’s details, or a household register, family book etc.).
• Original Police Record from country of birth, country of citizenship, country of residence (if different), and any country in which the applicant has resided for more than six (6) months in the past ten (10) years, for each applicant sixteen (16) years and over.
• Certified copy of all identity documents/books or cards
• Twenty (20) Original passport-size photos
• Proof of residential address (certified copy of lease agreement or original utility bill)
• Health Insurance in Turkey

Forms and documents required only from the main applicant:
• Sales and Purchase Agreement
• Power of Attorney

Documents required only if married persons apply together:
• Original excerpt of marriage record or certified copy of marriage certificates with MOFA Attestation, legally translated in Turkish and legalized by Turkish Consulate
• Certified copy of divorce documents with MOFA attestation, legally translated in Turkish and legalized by Turkish Consulate (if applicable)

For a personalized document checklist please contact us.

Timeline

MONTH 1

Client signs CI Retainer Agreement and pays the retainer invoice

Document collection with CI’s guidance

CI helps client select the property which must have certain specifications and permits

MONTH 2

Once Title Deed of property is obtained CI submits applications for Residency permit and Citizenship simultaneously

Interview with the client present in Turkey might be required by the Government

MONTH 5

Citizenship Certificates and passports are issued. The balance of CI professional fee is paid.

The estimated time to receive citizenship approval depends on the due diligence processing time and the specific case.

TURKEY VISA FREE countries

* Visa on arrival

111Countries

AMERICAS
  • Antigua and Barbuda
    Argentina
    Bahama
    Barbados
    Belize
    Brazil
    Bolivia
    Chile
    Colombia*
    Costa Rica
    Dominica
    Dominican Republic
    Ecuador
    El Salvador
    Guatemala
    Haiti
    Honduras
    Jamaica
    Panama
    Paraguay
    Peru
    Saint Kitts and Nevis
    Saint Lucia
    Saint Vincent and Grenadines
    Suriname*
    Trinidad and Tobago
    Uruguay
    Venezuela
AFRICA
  • Benin*
    Botswana
    Cape Verde*
    Côte d'Ivoire*
    Comoros*
    Gabon*
    Gambia
    Guinea-Bissau
    Kenya*
    Madagascar*
    Mauritania*
    Mauritius
    Morocco
    Mozambique*
    Rwanda*
    São Tomé and Príncipe
    Senegal
    Seychelles*
    Somalia*
    South Africa
    Sudan*
    Swaziland
    Tanzania*
    Togo*
    Tunisia
    Uganda*
    Zambia*
    Zimbabwe*
EUROPE
  • Albania
    Armenia
    Azerbaijan
    Belarus
    Bosnia & Herzegovina
    Georgia
    Kazakhstan
    Macedonia
    Moldova
    Montenegro
    Serbia
    Ukraine
ASIA
  • Bahrain
    Bangladesh
    Brunei
    Cambodia
    Hong Kong
    Indonesia
    Iran
    Iraq*
    Jordan
    Japan
    South Korea
    Kuwait*
    Kyrgyzstan
    Lebanon*
    Macao
    Malaysia
    Maldives*
    Mongolia
    Nepal*
    Palestine Territories
    Philippines
    Qatar
    Singapore
    Tajikistan*
    Thailand
    Uzbekistan
OCEANIA
  • Fiji
    Marshal Islands*
    Micronesia
    Palau*
    Samoa*
    Timor-Leste*
    Tonga*
    Tuvalu*
    Vanuatu
E-VISA
  • Djibouti
    Ethiopia
    Lesotho
    Mexico
    Myanmar
    Oman
    Sri Lanka

*The list of countries is subject to variations depending on each government's policy and so is access to these countries.

brochure

Content
  • Program Overview
  • Citizenship Law
  • Country profile
  • Benefits of the program
  • Applicants Qualifications
  • Investment requirements
  • Application Fees
  • Document Checklist
  • List of countries Visa free and on arrival
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10 pages3.76 MB
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