Turkey Citizenship by Investment

The world’s most popular direct citizenship by investment program, the Turkey CIP offers a wide variety of investment options, giving investors the freedom to pick among several asset classes.

More than 13,000 investors and their families have obtained Turkish citizenship through the program since it lowered its minimum investment requirements in 2018.

There are multiple investment options for the Turkey Citizenship by Investment Program:

• US$400,000 worth of real estate

• US$500,000 investment as a fixed capital contribution

• US$500,000 deposit into a Turkish bank account

• US$500,000 investment in government bonds

• US$500,000 real estate investment fund share or venture capital investment fund share

• US$500,000 investment in private pension system

• Create jobs for at least 50 people, as attested by the Ministry of Family, Labour and Social Services

Dependents may be included in the application. These can include spouses and children under the age of 18.

Any property or investment needs to be held for a minimum of three years after the awarding of citizenship.

All amounts may be invested in Turkish Lira but investors need to be aware of currency fluctuations when making the investment. The US dollar equivalent needs to be met at the time of processing.

• Increased visa-free travel
• Minimal physical presence requirements
• Permits dual/multiple citizenship
• Lower cost of living
• Warm climate
• Enhanced business access to large economies
• Short processing time

After applicants have chosen the qualifying investment option, a residence permit application shall be made on the family’s behalf. The main applicant is then required to open a bank account in Turkey.

Once all application documents have been prepared (including applicable certifications and translations), the investment can be completed and the documents submitted to the government.

Once the application has been received by the government, the review process will begin and an interview may be requested. Applications are typically approved within 3-4 months, following which the citizenship certificates are issued to the applicants. The passport application can then be submitted and received remotely.

Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.

Applications for this program may be directed to Turkey Investment Office.

Legislation upon which this program is based on Exceptional Acquisition of Citizenship Article 12 of the Law No. 5901 promulgated on July 28, 2016.