Turkey Citizenship by Investment

G20 Economy · Real Estate Investment · Global Mobility

Country Overview

Turkey straddles Europe and Asia, bordering the Black Sea to the north and the Mediterranean Sea to the south. It is a transportation hub and trade bridge connecting Europe and Asia. Its unique geographical location makes it an economic and cultural intersection of Europe, Asia, and Africa, with convenient business exchanges and significant logistics cost advantages.

Turkey has 22 UNESCO World Heritage Sites, such as the Historic Areas of Istanbul, the Ancient City of Ephesus, and the unique rock formations of Cappadocia. Unique natural landscapes include the white travertine terraces of Pamukkale, Cappadocia suitable for hot air ballooning and hiking, and Fethiye suitable for paragliding and other outdoor activities.

As a NATO member, G20 member, EU candidate country, and OECD member, Turkey has a prominent international political status and high recognition.

Basic Information

Dual Citizenship: Recognized

Language: Turkish

Currency: Turkish Lira

Timezone: UTC/GMT+3

Medical: Free medical care in public hospitals, government covers 75% in private hospitals

EducationFree education from kindergarten to university

Turkey Investment Program Introduction

Program Overview

Turkey's $400,000 real estate citizenship program provides investors with a fast track to obtain a passport. According to the policy implemented from June 13, 2022, foreigners who purchase real estate worth more than $400,000 in Turkey and hold it for three years can apply for citizenship.

This program has no language, education, or business background requirements. The processing period is about 10-15 months, and you can obtain a Turkish passport in one step, with visa-free/visa-on-arrival/e-visa access to over 110 countries. The property can be sold after three years without affecting your passport, and USD settlement can avoid exchange rate risks. In addition, as a US E-2 visa treaty country, passport holders can also quickly apply to settle in the US, providing convenience for international education and asset allocation.

Application Requirements

• Main applicant: Must be at least 18 years old, provide proof of no criminal record
• Dependent applicants: Can bring spouse and children under 18 to apply for citizenship together, spouse also needs to provide proof of no criminal record

Program Advantages

• Simple application requirements: Minimal documents, fast approval, no language, residence, or source of funds requirements, whole family approved in one step
• Flexible property holding: Property can be sold after three years, identity is permanent, high investment flexibility.
• International education: Children can enjoy international educational environment, or plan future academic path as international students.
• Gateway to US: Turkey is a US E-2 visa treaty country, citizens are eligible to apply for E-2 visa to quickly go to the US.
• Global asset allocation: Beneficial for global asset allocation and tax planning.
• Livable environment: Istanbul is a world-class city and third-largest tourism market, suitable for living and life.
• Global travel freedom: Visa-free to over 110 countries and regions, including Singapore, Japan, Hong Kong, China, etc.
• Diversify investment risks: Diversify investment risks, active real estate market; also hedge against currency value risks.
• High-quality investment target: Turkey's real estate trading volume is active, making real estate market extremely valuable for investment.

Frequently Asked Questions

Does Turkey recognize dual citizenship?

Turkey allows dual citizenship, applicants do not need to renounce their original nationality.

Is there a residency requirement after obtaining Turkish citizenship?

Turkey has no immigration supervision and will not affect your original identity, lifestyle, or career.

Can property be sold after 3 years?

Yes! Selling after 3 years does not affect citizenship, but must ensure property has not been expropriated by government.

What about Turkish passport taxation?

No global taxation, only taxes income within Turkey.

How to go to the US with a Turkish passport?

Turkish citizens are eligible to apply for US E-2 Investor Visa. This is a long-term non-immigrant visa that allows applicants to live and work in the US by investing in and operating a business there.