Minimum USD 400,000
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.
Processing time
2 – 5 months
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
Investment type
Real Estate Investment in Turkey
Investment cost
Real Estate Investment of USD 400,000
Family dependents
Spouse and Children under 18 years old
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
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.
| CAPITAL | ANKARA |
| POPULATION | 83,734,434 |
| LANGUAGE | Turkish |
| GOVERNMENT TYPE | Republican Parliamentary Democracy |
| CURRENCY | Turkish Lira (TRY) |
| EXCHANGE RATE | 1 USD = 6.7 TRY |
SIMPLE PROCESS
No need to renounce your current citizenship(s)
No physical residency requirements, you are entitled to apply instantly
No language test, education or management experience required
GLOBAL MOBILITY
Visa-free access over to 111 countries, including Japan, South Korea, Singapore
E-2 treaty signed between Turkey and the United States allows citizens of Turkey to operate a substantial business in the U.S. and reside therein
Reputable second passport easy to obtain visas when required
Biometric Passport also known as an e-passport or a digital passport which increases the security and reduces the chances of forgery
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 400,000
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.
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.