Turkey Residency /
Citizenship by Investment
Citizenship by Investment
Turkey Citizenship For International Investors
Turkey Citizenship: Security. Opportunity. Peace of mind.
Turkey immigration by investment programs for investors and their families.
*** Turkey Citizenship & Residency Update, March / April 2022: The Citizenship by Investment program of Turkey remains open to all applicants who pass the standard due diligence process, but the minimum property investment was raised from USD 250,000 to USD 400,000. This situation is subject to change at any time depending on further political developments and resulting government decisions. Contact us today to ask about the most current program status. ***
In an effort to support the country's economy, Turkey offers an immigration by investment program that allows the applicant to receive Turkish citizenship (Turkey passport) on the basis of an investment into Turkish real estate or other assets.
International business executives, investors, and important persons who are active worldwide consider an alternative citizenship and passport a powerful tool for international tax planning and a safety net should the living conditions at home become unbearable.
While Turkey is not (yet) a member of the EU, the country strives to join the union. The Turkish passport provides visa free travel to over 100 countries, including Japan, Singapore, South Korea as well as countries in Africa, Asia and South America. Full Turkish citizenship and the Turkish passport are issued to the applicant and his/her family.
Turkey Citizenship Program Investment Options
The applicant may select from several investment options, each of which qualifies for the Turkish citizenship program. A recent reduction in the minimum investment amount to only USD 400,000 makes the Turkish citizenship program one of the most affordable citizenship by investment programs available worldwide. Application processing can be as fast as three to six months.INVESTMENT OPTION #1: USD 400,000 minimum amount: Real Estate
The Turkish government recently lowered the investment amount required to obtain Turkish citizenship (Turkish passport) from USD 1.0 million to USD 400,000 (the USD 250,000 option was eliminated in April of 2022) for applicants who purchase a local property or properties. This real estate investment may be made into residential property, commercial property, or undeveloped land. The property/ies must be held for a minimum duration of three years.INVESTMENT OPTION #2: USD 500,000 minimum amount: Bank Deposit / Fixed Capital / Government Bonds / Real Estate Fund
This investment option requires a minimum investment amount of USD 500,000 into one of the listed investment vehicles. The investment must be held for a minimum of three years.Eligibility for Turkey Citizenship
Turkey citizenship applicants must be at least 18 years of age and have a clean criminal record. The main applicant may also add dependents to a citizenship application, including his/her spouse, minor children, and adult children who are unmarried.
Application Timeline
Step 1 - Initial consultation. The legal team
in Turkey will speak with you to answer any questions you might
have and to determine which investment vehicle is best given
your investment goals. There is no charge for this initial consultation.
Step 2 - Engagement Letter / Power of Attorney. After you have signed the Engagement Letter and Power of Attorney the legal team in Turkey will start your case file.
Step 3 - Document Preparation. At this stage your assigned immigration advisor will work with you on collecting all required supporting documentation and completing your Turkey residency application forms. This stage also entails opening your bank account and making an investment selection. The team can also assist with finding a property that fulfills the real estate investment requirement, if chosen. Once your residency application file is complete, it is filed with the Turkish government.
Step 4 - Residency Permit Issued. Upon approval, the Turkish government will issue your residency permit. This step also starts the final stage of your Turkish citizenship application procedure. Once all remaining forms have been completed your citizenship application will be submitted to the Turkish government for final processing.
Step 5 - Citizenship (Passports) Issued. Upon approval, the Turkish government will now issue your certificate of naturalization, and you may collect your Turkish passport.
Step 2 - Engagement Letter / Power of Attorney. After you have signed the Engagement Letter and Power of Attorney the legal team in Turkey will start your case file.
Step 3 - Document Preparation. At this stage your assigned immigration advisor will work with you on collecting all required supporting documentation and completing your Turkey residency application forms. This stage also entails opening your bank account and making an investment selection. The team can also assist with finding a property that fulfills the real estate investment requirement, if chosen. Once your residency application file is complete, it is filed with the Turkish government.
Step 4 - Residency Permit Issued. Upon approval, the Turkish government will issue your residency permit. This step also starts the final stage of your Turkish citizenship application procedure. Once all remaining forms have been completed your citizenship application will be submitted to the Turkish government for final processing.
Step 5 - Citizenship (Passports) Issued. Upon approval, the Turkish government will now issue your certificate of naturalization, and you may collect your Turkish passport.
The application process for residency is expected to take about two months. Government filing fees and attorney fees are in addition to the investment minimums.
Why Turkey?
With its warm climate and convenient geographical position acting as a bridge between Asia and Europe, Turkey is considered an attractive place for residence or citizenship.
The Turkish citizenship program is one of the fastest at approximately three to six months for application processing, and starting from USD 400,000 one of the most affordable citizenship programs worldwide. The Turkish government allows dual-citizenship, which means applicants may retain their original nationality.
Citizens from most nationalities are eligible to apply for the program. Applicants may add family members, including unmarried adult children over 18 years of age as well as a second wife, if the USD 500,000 bank account deposit option is chosen.
The Turkish citizenship provides access to the free Turkish education and health care system. Additional benefits include visa-free travel to over 100 countries, Singapore, Japan and major countries in South America and Africa.
The Turkish Government does not require the applicant to declare international earnings or pay tax on international income. Further, there is no inheritance tax in Turkey.
If you prefer residency or citizenship in the European Union, relevant information can be found here: Bulgaria (EU residency/citizenship from EUR 390,000), Cyprus (EU citizenship from EUR 2 million), Greece (Greek residency from EUR 250,000), Malta (EU citizenship from EUR 1 million), Spain (Spanish residency from EUR 500,000), Portugal (Portugal residency from EUR 350,000).
Zenturo Ltd.
Residency & Citizenship by Investment Programs WorldwideTurkey Office: Istanbul
394A / 395A, Triq il-Kbira San Guzepp
Santa Venera SVR 1016, Malta
Phone: +356 9950 5515
WhatsApp: +356 9991 4125
Telegram: +356 9991 4125
WeChat: ZenturoSupport
Skype: Zenturo Ltd. Support
Company Registration No.: C-39472
VAT ID: MT-18142026