Citizenship by Investment
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Turkish Citizenship
The most popular option to obtain citizenship is through citizenship by investment.
Benefits of Turkish Citizenship: Before we understand the CBI program lets us understand benefits of Turkish citizenship.
A naturalized citizen enjoys all the same rights as a natural born citizen of Turkiye. The social security system of Turkiye offers its citizens , free education and healthcare in government entities, freedom to reside anywhere in Turkiye, buy and sell properties including agricultural land and avail the government schemes for support and assistance for various businesses and other purposes.
Citizenship by Investment
Turkish Citizenship by Investment (CBI) is a program that allows foreign nationals to obtain Turkish citizenship by making a qualifying investment in the country. It was launched in 2017 to attract foreign direct investment and stimulate economic growth.
Here are the key aspects of the Turkish Citizenship by Investment program:
Investment Options and Minimum Amounts:
Investment Options and Minimum Amounts:
The most popular option is real estate investment, which requires a minimum of $400,000 USD. This can be in a single property or multiple properties. The property must be held for at least three years. During this period the property can be self used or can be rented as well.
Other investment options, requiring a minimum of $500,000 USD, include:
- Fixed capital contribution: Investing in a Turkish business or company.
- Bank deposit: Depositing funds in a Turkish bank account and maintaining the deposit for at least three years.
- Government bonds: Purchasing government bonds with a commitment to hold them for a minimum of three years.
- Real estate investment fund shares or venture capital investment fund shares: Investing in these funds and holding the shares for at least three years.
- Private pension system: Depositing a minimum contribution for a minimum holding period of three years.
- Job creation: Creating at least 50 jobs in Turkey, as attested by the Ministry of Family, Labor and Social Services.
Key Benefits:
- Quick path to citizenship: The process can be relatively fast, with citizenship potentially granted in 3-8 months.
- No residency requirements: Applicants are generally not required to live in Turkey to obtain or maintain citizenship.
- Family inclusion: The main applicant can include their spouse and dependent children under 18 years old in the application.
- Dual citizenship allowed: Turkey permits dual nationality, so applicants generally don't need to renounce their current citizenship.
- Visa-free travel: A Turkish passport offers visa-free or visa-on-arrival access to a significant number of countries (over 110, including Japan, Singapore, and Hong Kong).
- E-2 Investor Visa eligibility in the USA: Turkish citizens can apply for the E-2 Treaty Investor visa in the United States, which allows them to live and work in the US by investing in a US business (after being domiciled in Türkiye for three years).
- Access to public services: Citizens gain free access to Turkey's healthcare and education systems.