European Citizenships Program - Turkey

Turkey

Capital City:  Istanbul “The Meeting Point of the World”

Population 84.34 Million (2020)
Minimum Investment USD 250,000
Unrestricted Global Mobility 125 Destinations (Residency full family Residency in Europe and Asia simultaneously)
Residency requirement No requirement to reside in Turkey prior to grant of Citizenship
Type of Program Turkish European Passport
Form of Government Multiparty Republic with one Legislative House
Permitted Citizenship Dual and Multiple Citizenship

Turkey Citizenship by
Investment

Launched in 2012, Turkey Citizenship by Investment Program is a relative newcomer in the Citizenship by Investment industry but it has found significant success among Middle Eastern applicants particularly from Iraq, Afghanistan, Palestine and Egypt.

 

The hallmark of Turkey Program is that it grants Residency, Citizenship and a Turkish Passport to applicants investing either in real estate or a bank deposit.  The real estate route is particularly attractive for investors.  This previously requires a property purchase of a minimum of USD 250,000 plus Associated Fees making Turkey one of the lowest cost Citizenship by Investment Programs (CBI) in Europe and Asia.

 

The Real Estate Investment amount was originally set at US$1 million when started but was significantly reduced in September 2018 to USD 250’000. Now the Government of Turkey has changed policy once more and effective June 30, 2022 there are six routes to obtain Turkish Citizenship.

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Roadmap To Turkish Citizenship Investment
Requirements for Turkish Citizenship.

  1. Acquired a property worth a minimum of USD 250,000 or equivalent foreign currency or Turkish lira with a title deed restriction on its resale for at least three years, as attested by the Ministry of Environment and Urbanization.
  2. Created jobs for at least 50 people, as attested by the Ministry of Family, Labour and Social Services
  3. Make a minimum fixed capital investment of USD 500,000 or equivalent foreign currency or Turkish lira, as attested by the Ministry of Industry and Technology.
  4. Deposited at least USD 500,000 or equivalent foreign currency or Turkish lira in banks operating in Türkiye with the condition not to withdraw the same for at least three years, as attested by the Banking Regulation and Supervision Agency
  5. Bought at least USD 500,000 or equivalent foreign currency or Turkish lira worth of government bonds with the condition that they cannot be sold for at least three years, as attested by the Ministry of Treasury and Finance
  6. ​Bought at least USD 500,000 or equivalent foreign currency or Turkish lira worth of real estate investment fund share or venture capital investment fund share with the condition that they cannot be sold for at least three years, as attested by the Capital Markets Board of Türkiye​​

BENEFITS

  • A Turkish Passport allows Visa free Travel to 125 countries and or visa on arrival to 46 countries worldwide.
  • Holds the possibility of eventual Visa-Free Access to the EU.
  • Holds Global Connections – E2 Visa Treaty with the US.
  • With E2 Visa Treaty with the US, Turkish Citizens are eligible to apply for US Residency through the E2 Visa Program.
  • Citizenship for life with the right to live, work and acquire property in Turkey.
  • Citizenship can move down to generations.
  • Dual Citizenship permitted.
  • Turkish Passport is ranked as 38th in the world and 18th in Europe.
  •  

CITIZENSHIP INVESTMENT LIMITS 

Required minimum investment limits for the Citizenship Program

  • Real Estate Investment – US$250,000 
  • Bank Deposit   – US$500,000.
  • Capital Investment   – US$500,000

Application Process

There are eight stages in the application process: 

 

  • Step 1 –           Select your Investment Option.
  • Step 2 –           Make a Residence Permit Application.
  • Step 3 –           Open a Bank Account in Turkey.
  • Step 4 –           Make the relevant Investment.
  • Step 5 –           Submit Application through us to the Government Processing Authority.
  • Step 6 –           Successful Applications are approved within 3-6 months.
  • Step 7 –           Citizenship Certificate issued.
  • Step 8 –           Submit Passport Application.
turkey map

It’s that easy and straight forward.

It is no secret that Turkey Citizenship Program has gained tremendous popularity over the few years of its launch and has become one of the most popular CBI Programs in their region since it reduced its investment sum to US$250,000 in September 2018.

Processing Time for Turkish Citizenship is three (3) months.

Turkish Citizenship entitles you to permanently reside in the country and apply for an E-2 US business Visa to the United States.  To obtain the Turkish Passport, the easiest way is to purchase Real Estate of US $250,000 or more.  The investment can be returned in three (3) years as it must be held for the three year minimum period before divestment.

We at WhinChester Corporate & Immigration Services PowerHouse can assist you in getting your Turkish Residency and Citizenship.  Call to speck with our Specialists.

The Turkish Citizenship by Investment Program often referred to as the Turkey Golden Visa allows foreign investors like you to obtain a Turkish Passport within 3-6 months. The minimum investment option is purchasing real estate at a minimum value of US$250’000.

The program gives investors access to both the European and Asian Markets. Full citizenship is granted to applicants and family members.

Turkish Citizenship brings lots of advantages. Contact WhinChester for more on Turkish Application Processing details. Request a free consultation. Become a Global Turkish Citizen. WhinChester can help you.

Visa Free Countries for Holders of
Turkish Passport

AFRICA

Benin

Botswana

Cape Verde

Comoros

Eswatini

Falkland Islands

Gabon

Gambia

Guinea-Bissau

Kenya

Madagascar

Mauritania

Mauritius

Morocco

Mozambique

Namibia

Rwanda

Sao Tome and Principe

Senegal

Seychelles

Sierra Leone

Somalia

South Africa

Sudan

Tanzania

Togo

Tunisia

Uganda

Zambia

Zimbabwe

AMERICAS

Antigua and Barbuda

Argentina

Bahamas

Barbados

Belize

Bolivia

Brazil

British Virgin Islands   

Chile

Colombia

Costa Rica

Dominica

Dominican Republic

Ecuador

El Salvador

Guatemala

Haiti

Honduras

Jamaica

Nicaragua

Panama

Paraguay

Peru

St. Kitts and Nevis

St. Lucia

St. Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

Uruguay

Venezuela

ASIA

Armenia

Bangladesh

Brunei

Indonesia

Japan

Hong Kong

Kazakhstan

Laos

Macao

Malaysia

Maldives

Mongolia

Nepal

Philippines

Singapore

South Korea

Sri Lanka

Taiwan

Tajikistan

Thailand

Timor-Leste

Uzbekistan

EUROPE

Albania

Andorra

Azerbaijan

Belarus

Bosnia and Herzegovina

Georgia

Bahrain

Iran

Jordan

Kuwait

Kosovo

Moldova

Montenegro

North Macedonia

Serbia

Ukraine

Lebanon

Oman

Palestine

Qatar

OCEANIA

Cook Islands

Fiji

Marshall Islands

Micronesia

Niue

Palau

Samoa

Tonga

Tuvalu

Vanuatu

Turkish Citizenship
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