Turkey Citizenship by Investment FAQ

Answers provided by CIP Turkey.

How many days out of the year would I be required to reside in Turkey?

You would not be required to stay in Turkey for a minimum amount of days throughout the year.

Will I be required to learn Turkish before receiving my citizenship?

No. Unlike many other programs, there is no requirement to learn Turkish.

Who would be eligible to receive Turkish citizenship under my application?

Aside from yourself, your spouse, and all children under 18 years of age would automatically qualify under your application.

What are the tax implications for me?

Turkey has signed a double taxation with most nations in the developed world. If you have already paid the relevant taxes on income earned outside of Turkey, then you are unlikely to be taxed again by the Turkish government, even if it was earned in a country that has not signed a double taxation treaty with Turkey.

If you have more queries relating to the Turkish tax structure, then we advise you to contact a Turkish tax specialist.

Would I be required to declare my wealth to the Turkish authorities?

No. The Turkish tax authorities will not ask you any questions about your financial status, or existing assets.

Where can I travel to with a Turkish passport?

A Turkish passport would grant you visa-free/ or on arrival access to 114 countries, as well as easy visa access to the US, UK, EU, Canada, and Australia.

How long would it take to receive my full citizenship?

Depending on the lawyer that you use, you should expect to receive your citizenship documents within 3 to 6 months from the time your application is submitted.

Would I be allowed to hold onto my original citizenship if I become a Turkish citizen?

Yes. In fact, the Turkish government have no restrictions on the number of citizenships held by an applicant.

Would I be able to obtain financing in Turkey to purchase the property for my citizenship?

Yes. However, please be aware that you would not be eligible to qualify for Turkish citizenship until you have fully paid off your mortgage. If you can acquire financing from overseas to pay for your property, you would then be deemed as eligible for Turkish citizenship, so long as the property has been paid for in full.

Will my Turkish citizenship expire at any time in the future?

No. Once you have held onto your investment for the minimum period of 3 years, you will become a Turkish citizen for life, as will your spouse and children.

For more answers about the Turkey CIP, visit CIP Turkey’s website, or contact them directly on (+90) 850 223 3307 or info@cipturkey.net