Is it worth investing in Turkey property?

Investing in Turkish property is highly worthwhile due to its excellent investment climate. The nation boasts abundant natural resources, a youthful and expanding population, a thriving economy, and a secure business environment. Moreover, the relatively low cost of living and steady annual economic growth of approximately 2.8% make Turkey an attractive investment destination.

Does Turkey accept dual citizenship?

Yes, dual citizenship is permitted for citizens of Turkey.

Does Turkey have a golden visa?

With an uncomplicated real estate investment, you can acquire a second passport through Turkey's citizenship-by-investment program, initiated in 2016, granting investors the opportunity to become Turkish citizens and enjoy the benefits the country provides.

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Turkey Citizenship by Investment

Türkiye Citizenship

Citizenship by Investment

Overview of Turkey's Citizenship by Investment Program

Turkey’s Citizenship by Investment Program, launched in 2017, was designed to attract foreign investment and boost the country’s economy, particularly in the real estate sector. The program allows foreign nationals to acquire Turkish citizenship through various investment options, providing a pathway to residency, citizenship, and a range of associated benefits.

Why choose Turkey?

Turkey connects Europe and Asia, offering excellent global accessibility.
The country blends ancient civilizations with modern influences.
Turkey provides expanding opportunities in various sectors.
The country features stunning coastlines, majestic mountains, and historic sites.
Turkey enjoys long summers and mild winters.
The education system includes quality universities and programs in both Turkish and English.
The healthcare system provides advanced services at affordable costs.
Turkey’s diverse community fosters a vibrant and inclusive social environment.

Curated Links for Turkey citizens

Benefits of Turkey Citizenship & Passport	Turkey Passport Renewal

Living in Turkey

Business Environment

Living in Turkey offers a dynamic business environment with a growing economy and a strategic location for international trade. The country encourages foreign investment through incentives and a simplified regulatory framework, attracting startups and established companies alike. The tech sector is expanding rapidly, supported by innovation hubs and digital resources.

Healthcare

Turkey has a modern healthcare system that combines advanced technology with affordable services. With a mix of public and private facilities, residents enjoy a wide range of medical services that meet international standards. The affordability and quality of care make it an appealing option for both locals and expatriates.

Education

The education system in Turkey is robust, providing quality education from primary to higher education. Numerous universities offer programs in both Turkish and English, attracting international students. The presence of international schools caters to expatriate families, enhancing the educational landscape.

Community

Living in Turkey means being part of a vibrant and welcoming community. The local culture is known for its hospitality, making it easy for expatriates to feel at home. Various cultural events and festivals foster social interactions, allowing residents to engage with Turkey’s rich heritage.

Lifestyle

The lifestyle in Turkey blends tradition and modernity, offering a rich culinary scene and diverse recreational activities. Residents enjoy a variety of landscapes, from bustling cities to tranquil coastlines. With a warm climate and strong community ties, life in Turkey often centers around social gatherings and family celebrations.

Taxes

In Turkey, tax residency is crucial for determining tax obligations. Individuals become tax residents if they stay in Turkey for more than six months within a calendar year. However, foreigners who remain in Turkey for over six months for employment, study, or medical treatment may be classified as non-residents and taxed differently. Tax residents are taxed on their global income, while non-residents are taxed only on income sourced from Turkey.

For companies, tax residency is based on the location of their main office or the center of their business activities. Companies are considered tax residents if their registered head office is in Turkey. Conversely, entities are classified as non-residents if they generate income in Turkey but are registered in another country. This structure ensures clarity in tax obligations for both individuals and businesses operating in Turkey.

Cost of living in Turkey

The cost of living in Turkey is highly appealing for those considering relocation or investment. With affordable housing options, reasonable prices for daily necessities, and low transportation costs, Turkey offers an attractive lifestyle without breaking the bank. Major cities like Istanbul and Ankara provide a range of amenities at competitive prices, making it easy to enjoy a high quality of life.

Key Facts

Capital

Ankara

Languages

Turkish | Arabic | Kurmanji | Others

Currency

Turkish Lira

Population

85,816,199 (2024)

Dual Citizenship

Turkey allows dual citizenship, enabling individuals to hold Turkish citizenship alongside citizenship from another country.

Regulations

To apply for Turkey’s Citizenship by Investment program, you must meet several regulations. You need to be at least 18 years old and have no criminal record. It is important to be in good health and to provide proof of valid health insurance in Turkey. You must not have resided unlawfully in the country and must demonstrate the legality of your income. Additionally, applicants from blacklisted countries are ineligible, and you will need to obtain a Turkish Tax ID number as part of the process. These requirements ensure a secure pathway to citizenship.

Quick Facts

Feature	Details
Minimum Investment	$400,000 in real estate
Investment Duration	Property must be held for at least 3 years
Visa-Free Travel	Access to over 125+ countries
Processing Time	Minimum 6 months
Family Inclusion	Spouse and dependent children can be included
Citizenship Type	Lifetime
No Residency Requirement	Citizenship can be obtained remotely
Right to Dual Citizenship	Allowed; holders can retain previous passports
E-2 Visa Eligibility	Access to the US E-2 visa for business investors
Free Healthcare and Education	Available to all Turkish citizens
Year of launch	2017

Starting investment for Antigua & Barbuda Citizenship is $ 100,000

Starting investment for Turkey Citizenship is $ 400,000

“Participating in Turkey's citizenship by investment program was an excellent choice. The application process was smooth, and the officials were supportive and efficient. As a citizen, I now enjoy the benefits of a Turkish passport, including visa-free travel, a dynamic business environment, and the rich cultural heritage of this fascinating country. I would always be thankful for the excellent support from the team at Migrate World.”
- Haroon

“I am extremely satisfied with my experience in the Turkish citizenship by investment program. The process was straightforward, and the representatives were professional and helpful at Migrate World. Now, as a citizen, I have access to a multitude of opportunities in Turkey, including a diverse economy, a vibrant lifestyle, and a strategic location bridging Europe and Asia.”
- Sarah

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I have a minimum of $ 200,000 USD ready to invest.

Turkey's Citizenship by Investment Program Options

1. Real Estate Investment

If you are interested in real estate, you can obtain Turkish citizenship by purchasing one or more properties valued at a minimum of $400,000 USD. You must retain ownership for at least three years, but you have the option to lease the properties during this time. To know more about this option, check this page: Turkey Citizenship by Real Estate Investment

2. Government Bonds

You can also acquire Turkish citizenship by purchasing government bonds worth at least $500,000 USD and maintaining this investment for 3 years.

3. Bank Deposit

Another route is to deposit a minimum of $500,000 in a Turkish bank and keep the deposit for at least 3 years.

What are the eligibility criteria to apply for Turkey Citizenship by Investment?

The main applicant must be 18 years or older.
Applicants must have no criminal record.
There should be no history of deportation or visa refusals.
Applicants must be in good health and not suffer from any serious illness.

Program Summary

Learn more about the country and it's citizenship by investment.

Similar Citizenship by Investment Programs

Caribbean Citizenship Programs
Antigua and Barbuda Citizenship By Investment
Dominica Citizenship By Investment
Grenada Citizenship By Investment
Saint Kitts and Nevis Citizenship By Investment
Saint Lucia Citizenship By Investment

European Citizenship Programs
Malta Citizenship By Investment

Rest of the World
Egypt Citizenship By Investment
Turkey Citizenship By Investment
Vanuatu Citizenship By Investment
Nauru Citizenship By Investment

Restricted Nationalities

Citizens from the following countries cannot apply for Turkey’s Citizenship by Investment program:

Armenia
Cuba
North Korea

Turkey Citizenship by Investment Required Documents

To apply for Turkish citizenship through the Citizenship by Investment (CBI) program, applicants must submit a variety of documents. Here is a general list of the required documents:

Valid Passport: A notarized copy of the passport for the main applicant and any dependents (spouse and children).
Proof of Investment: Documents proving the qualifying investment has been made, such as:
Real estate investment: Title deed and proof of property purchase.
Bank deposit: Confirmation from a Turkish bank for the required deposit amount (e.g., $500,000).
Government bonds: Purchase certificates for the required government bonds.
Birth Certificates: For the main applicant and any dependents (spouse and children).
Marriage Certificate (if applicable): Proof of marriage for applicants applying with a spouse.
Proof of Address: Utility bill or other documentation showing the applicant’s residential address.
Criminal Background Check: Police clearance certificates from the applicant’s country of residence and any other countries where they have lived for more than 6 months.
Health Insurance: Valid health insurance coverage in Turkey for the applicant and dependents.
Civil Registry Documents: Documentation confirming the applicant’s identity, marital status, and family relationships (including children).
Photos: Recent passport-sized photographs of the applicant and any dependents.
Proof of Income: Documentation to verify that the applicant has sufficient financial resources to support themselves and their family.
Power of Attorney (if applicable): If the application is being filed by a lawyer or representative, a notarized power of attorney.
Residence Permit: Proof of obtaining a temporary residence permit (the citizenship process starts with applying for this).

NOTE: Some additional documents may be required by the government or Migrate World.

Similar Residence by Investment Programs

European Residency Programs
Bulgaria Residency By Investment
Cyprus Residency By Investment
Greece Residency By Investment
Germany Residency By Investment
Malta Residency By Investment
Portugal Residency By Investment
Spain Residency By Investment
UK Residency By Investment

North American Residency Programs
Canada Residency By Investment
USA Residency By Investment

Middle East Residency Programs
Saudi Arabia Golden Visa
UAE Golden Visa
Oman Golden Visa
Bahrain Golden Visa

Due Diligence and Background Check

For Turkey’s Citizenship by Investment CBI program, due diligence and background checks are essential to ensure applicants meet security and legal standards. This process includes a criminal background check, where applicants must provide police clearance certificates from their home country and any countries of residence, as well as financial due diligence to verify the legality of investment funds. These checks help ensure that only eligible and trustworthy individuals qualify for citizenship.

How to obtain Turkey Citizenship by Investment?

How to Apply: Step-by-step procedure

1. Initial Consultation

The first step is a complimentary consultation with us where we explain all the different options available.

2. Security Check

Migrate World performs a security check, before officially making any agreement as a guarantee that the applicant’s record is clean from cases that the Citizenship by Investment Unit might reject his or her application.

3. Agreement & Fees

Fees include legal, due diligence, government, and application processing fees.

4. Collect Documents & Submit File

We will help obtain, translate, and authenticate all necessary documents. A file is then prepared and submitted within 10 business days.

5. Due Diligence

General Directorate of Civil Registration and Citizenship Affairs implements the required legal examinations and makes sure that the applicant satisfies relative conditions of investigation.

6. Open Bank Account (Optional)

Migrate World will assist you in opening a Turkish bank account.

7. Purchase of Real Estate

We assist the applicant in choosing the real estate that follows the required regulations. After purchasing the property, the applicant submits the title deed application.

8. Appraisal Report and Bank Transfer

Property appraisers verify the value of the property. With the confirmation of the appraisal report and the bank transfer documents by the General Directorate of Land Registry and Cadastre Office, the process is then followed by a special Citizenship Information Office. Land Registry and Cadastre Office approve approximately 5 to 10 business days.

9. Temporary Residence Permit

Upon the approval of the citizenship application, we shall deliver the required documents to the special Citizenship Office for the application of the residence permit.

10. Residence Permit & Citizenship

After approval, the applicant is invited to the General Directorate of Civil Registration for an interview and to submit fingerprints for the passport. The passport will be mailed to the address given in Turkey within 3-5 days.

NOTE: Timeline is an estimate only, processing time depends on the complexity of each file.

Application Options: Online or Through Migrate World

You can either select any Authorized Agent and apply online through their platform or choose Migrate World, where our team, as an Authorized Agent, will assist you throughout the application process.

Application Timeline

The application process for this program typically takes a minimum of 6 months.

Application Fee

The application fee for Turkey’s CBI program can vary depending on factors such as the number of applicants (main applicant and dependents) and the type of investment. Our consultants are always available to help you.

Turkey Citizenship by Investment Price

In addition to the investment amounts listed below, applicants should also consider:

Application fees
Due diligence fees
Legal fees (if applicable)
Property valuation fees (for real estate investment)

These costs may vary depending on specific circumstances and services chosen.

Family Members Eligible for Turkey Citizenship

The main applicant is eligible to include:

Their spouse
Dependent children under 18
Dependent children over 18 may qualify for Turkish citizenship if they have a disability or need care

Validity and Renewal for Turkey Passport

A Turkish passport is valid for 10 years, while passports issued to children under 18 are valid for 5 years. For more details about the process, required documents, and tips from our consultants, please visit this page: Turkey Passport Renewal

Turkey Citizenship by Investment Benefits

Processing time: 6-9 months
Visa-free access to over 125+ countries and territories, including Japan, South Korea, Hong Kong, and Singapore.
Access to the US E-2 Visa program for Turkish citizens to relocate and start a business.
No residency requirements for obtaining citizenship remotely.
Lifelong Turkish citizenship, which is hereditary for descendants under 18.
Free medical care for all Turkish citizens.
Free education at schools and universities for Turkish citizens.
No language skills required
Dual citizenship permitted

How can the Migrate World Help You?

Migrate World team offers essential support to clients pursuing Turkey citizenship through the investment program. With expert guidance, personalized solutions, and thorough assistance in documentation, investment choices, application, due diligence, and post-approval steps, Migrate World ensures a smooth and successful journey toward obtaining Turkey citizenship. Clients benefit from their expertise, minimizing complexities and maximizing the likelihood of a favorable outcome.

Frequently Asked Questions

1. How many dependents can be included in a single application?

You can include your spouse and dependent children under 18 in a single application for Turkey's CBI program, while children over 18 can be included only if they are disabled or need care.

2. Can I get Turkish citizenship by buying a house?

Yes, you can gain Turkish citizenship through real estate investment, with a minimum property value of $400,000 required.

3. How long does it take to receive Turkish citizenship through investment?

The process for acquiring Turkish citizenship by investment generally takes more than 6 months.

4. Can a foreigner obtain Turkish citizenship?

Yes, foreign citizens can become Turkish citizens. Turkey permits dual citizenship, but you should also verify if your home country allows it.

5. Do I need to speak Turkish to get citizenship through investment?

No, you do not need to. There is no requirement to know Turkish for citizenship through investment.

6. How can I return my investment?

Choose to purchase real estate. You can sell the property after 3 years and get your money back.

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