Turkey Citizenship by Investment Program
Established in 2017, the Turkey Citizenship by Investment Scheme provides one of the fastest and simplest ways to secure a second passport. After initially setting the investment threshold at US $1,000,000 the Turkish government reduced it to US $250,000 in 2019 to make the CBI more attractive, and then issued a decision in April 2022 to raise the minimum real estate investment value to US $400,000.
The application process is straightforward and you can become the proud holder of a Turkish passport within as little as six months.
A wide variety of investment options are available including US $400,000 investment in real estate, US $500,000 cash deposit at a Turkish bank, US $500,000 cash purchase of government bonds, or the creation of 50 jobs in Turkey.
Which Family Members Can Be Added in the Same Turkey Citizenship by Investment Application?
Dependent children under the age of 18
Dependent children over the age of 18 only obtain Turkish citizenship if they have a disability or require care.
Turkey Citizenship and Passport Benefits
Visa-free access to over 110 countries and territories, including Japan, South Korea, Hong Kong, and Singapore
Easy access to the US E-2 Visa scheme whereby Turkish citizens can relocate to the US and set up a business
No residency requirements meaning you can secure Turkish citizenship entirely remotely
Turkish citizenship is for life and hereditary as descendants under the age of 18 automatically become Turkish citizens
Free medical care is available to all Turkish citizens
Free school and university education
Turkish Citizenship Through Real Estate Investment
Investors choosing the real estate option can obtain a Turkish citizenship and passport by purchasing one or more pieces of real estate to the value of at least US $400,000. The property must remain with the investor for at least three (3) years during which it can be rented out.
Turkey Citizenship Through Governmental Investment
It is also possible to obtain a Turkish passport by either depositing US $500,000 at a Turkish bank for three (3) years or purchase government bonds to the same value and keep them for (3) three years. Under the guidance of the Ministry of Industry and Technology, you can also invest US $500,000 in fixed assets.
Turkey Citizenship Through Job Creation
Entrepreneurs can also secure a Turkish passport by setting up a company and creating at least 50 jobs under the guidance of the Ministry of Labor and Social Security.
Turkey Citizenship by Investment Cost
Turkey Visa-free Countries
Over the past several years, the government of Turkey has been successfully working on expanding its list of Visa-free countries. For now, holders of a Turkish passport have Visa-free access to 111 countries.
FAQs About Turkey Citizenship
Turkish citizens also have life-long access to free medical care and free social service on retirement, as well as free education for their offspring in Turkey.
As the world’s 16th largest economy, Turkey is a vibrant nation with over 60,000 international businesses trading there and a population average age of just 31.5.
Applying for and securing Turkish citizenship is straightforward and quick. Within as little as two months, you can become a Turkish citizen.
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