Turkey Citizenship by Investment Program

Overview: Turkey offers a Citizenship by Investment (CBI) program that enables foreign investors to obtain Turkish citizenship through substantial financial contributions. This program aims to attract high-net-worth individuals to stimulate the country's economic growth and development.
Eligibility Criteria
To qualify for Turkish citizenship through the investment program, applicants must meet several investment options and other requirements:
  1. Investment Options:
    • Real Estate Investment:
      • Purchase real estate worth at least $400,000 and hold it for a minimum of three years.
    • Capital Investment:
      • Make a fixed capital investment of at least $500,000, confirmed by the Ministry of Industry and Technology.
    • Job Creation:
      • Create jobs for at least 50 Turkish citizens, as certified by the Ministry of Labor and Social Security.
    • Bank Deposit:
      • Deposit at least $500,000 in a Turkish bank and maintain the deposit for at least three years.
    • Government Bonds:
      • Purchase government bonds worth at least $500,000 and hold them for at least three years.
    • Venture Capital Investment Fund:
      • Invest at least $500,000 in a venture capital investment fund or a real estate investment fund, as certified by the Capital Markets Board of Turkey, and hold the investment for at least three years.
  2. Additional Requirements:
    • Due Diligence:
      • Applicants must pass background checks and due diligence procedures to ensure they have no criminal record and pose no security risk to Turkey.

Application Process

  1. Preliminary Consultation:
    • Engage with accredited agents and legal advisors to assess eligibility and choose the most suitable investment option.
  2. Investment:
    • Complete the chosen investment, ensuring compliance with all requirements and obtaining the necessary certifications from relevant Turkish authorities.
  3. Residency Application:
    • Apply for and obtain a temporary residence permit, which is typically processed quickly for CBI applicants.
  4. Submission of Citizenship Application:
    • Submit the citizenship application along with all necessary documentation, proof of investment, and due diligence reports to the Directorate General of Migration Management.
  5. Review and Approval:
    • The application undergoes a thorough review by Turkish authorities. If approved, the applicant and their eligible family members are granted Turkish citizenship.

 

Key Benefits of Turkish Citizenship

  1. Strategic Location:
    • Turkey’s unique geographical location bridges Europe and Asia, providing strategic access to markets in both regions.
  2. Global Mobility:
    • Turkish passport holders have visa-free or visa-on-arrival access to over 110 countries, including Japan, South Korea, and many South American and African countries.
  3. High Quality of Life:
    • Turkey offers a vibrant culture, rich history, beautiful landscapes, excellent healthcare, and a relatively low cost of living.
  4. Business Opportunities:
    • Turkey has a growing economy with diverse business opportunities in various sectors, including real estate, tourism, manufacturing, and technology.
  5. Dual Citizenship:
    • Turkey allows dual citizenship, enabling investors to retain their original nationality while acquiring Turkish citizenship.
Turkey’s Citizenship by Investment Program provides a straightforward pathway for foreign investors and their families to obtain Turkish citizenship through various investment options. The program offers numerous benefits, including strategic geographical location, enhanced global mobility, and favorable business opportunities. For the most current and detailed information, potential applicants should consult with accredited agents and legal advisors, as well as refer to official Turkish government resources.

Destination Highlight

Straddling two continents, Turkey is a vibrant nation where East meets West, offering a unique blend of rich history, diverse cultures, and breathtaking landscapes. This strategic crossroads of civilizations is renowned for its iconic landmarks, from the ancient ruins of Ephesus and the fairy-tale landscapes of Cappadocia to the bustling bazaars and magnificent mosques of Istanbul. Turkey's diverse geography ranges from the pristine beaches of the Mediterranean and Aegean coasts to the snow-capped mountains and fertile plains of the interior. The country's dynamic economy, driven by industries such as tourism, manufacturing, and technology, positions it as a significant player on the global stage. Turkey's Citizenship by Investment (CBI) program provides an attractive pathway for high-net-worth individuals to obtain Turkish citizenship through substantial financial investments, offering numerous benefits, including strategic access to markets in Europe, Asia, and the Middle East, and a high quality of life. With its rich cultural heritage, modern amenities, and favorable investment climate, Turkey is an enticing destination for investors seeking both opportunity and adventure.

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