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Turkish Citizenship by Investment
The Turkish Citizenship by Investment program, established in 2017, is one of the fastest and most accessible ways to obtain second citizenship. It offers a straightforward process with multiple investment options, making it an attractive choice for investors seeking global mobility and a strategic gateway between Europe and Asia
Processing time

6-9 months

Min. investment

$400 000

Passport validity

10 years

Visa-free countries

139

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Benefits of Turkey Citizenship by Investment

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Fast processing

The processing time typically takes around 6-9 months

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Long-term validity

The passport is issued for 10 years, with renewals every 10 years

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Flexible financial arrangements

No requirement to open a Turkish bank account, and no source of funds verification needed

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Global mobility

Turkish citizenship provides visa-free or visa-on-arrival access to over 139 countries

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Dual citizenship allowed

Turkey permits dual citizenship, allowing investors to retain their original nationality

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Citizenship for future generations

Turkish citizenship can be passed down to future generations, ensuring long-term benefits for your family

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US E-2 Visa Eligibility

Turkish passport offers a significant benefit in the form of eligibility for the US E-2 Investor Visa

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Crypto-friendly transactions

Investors can use cryptocurrency to facilitate real estate investments and transactions, offering greater flexibility in payment methods

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Access to healthcare and education

Citizens enjoy high-quality healthcare services and a wide range of educational options

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Visa-free travel with a Turkish Passport

Freedom of movement: 139 countries

70 Visa-Free countries

  • Singapore, Japan, Brazil and other countries

40 Visa-on-Arrival countries

  • Indonesia, Saudi Arabia and other countries

29 eVisa/eTA countries

  • United Arab Emirates, Australia, South Korea and other countries

Long-term visa

  • USA, UK
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Full list of visa-free countries
Read the article

Eligible family members and Requirements

Main applicant: must be over 18 years old

Spouse: legally married

Children under 18 years

Requirements for all family members:

  • No criminal convictions
  • Not a politically exposed person (PEP)

Possibility to include: 2 generations of family

Future addition of family members: allowed

Inheritability: allowed

Language proficiency: not required

Presence for application submission: required

Residency in the country: not required

Interview with government: not required

Use of sponsor funds: permitted

Required documents

  • Passport
  • National ID
  • Birth certificate
  • Criminal record certificate
  • Marriage certificate
  • Photos

There are 5 investment options for obtaining Grenada citizenship

Option 1. Real estate investment

Investment from $400 000

  • Purchase real estate, including residential or commercial properties
  • The investment must be held for at least 3 years

Advantages

  • Property value increases, as property prices in Turkey have been rising rapidly
  • Potential for rental income during the holding period
  • Property can be sold after 3 years without affecting your citizenship status

Cost of citizenship via Real Estate Investment

Single investorInvestor and spouseFamily of 4: Couple with 2 Children
Minimal Investment

$400 000

$400 000

$400 000

Taxes and Fees 

$52 000

$52 000

$52 000

Other Costs 

$6 100

$6 100

$6 100

Total

$458 100

$458 100

$458 100

Option 2. Government bonds and treasury bills

Investment from $500 000

  • Invest in government bonds or treasury bills with a minimum holding period of 3 years

Advantages

  • Investment is backed by the Turkish government, offering stability and security
  • While not high, government bonds offer reliable returns

Option 3. Bank deposit

Investment from $500 000

  • Deposit a minimum of $500 000 in a Turkish bank for at least 3 years

Advantages

  • Funds are held in a secure account, with potential interest income
  • Ideal for investors seeking a safe and stable investment

Option 4. Capital investment in business

Investment from $500 000

  • Invest in a Turkish business or start a new business, creating at least 50 jobs for Turkish citizens

Advantages

  • Ideal for entrepreneurs looking to expand their business operations in Turkey
  • Directly contributes to job creation and economic growth in Turkey

 

Option 5. Purchase of shares in an investment fund

Investment from $500 000

  • Invest in a government-approved Turkish investment fund or purchase shares in a real estate investment fund

Advantages

  • Provides access to a diversified portfolio of assets managed by professionals
  • Offers the potential for regular returns without the need for active management

Request an individual quotation for the program

We will create a personalized estimate based on your family composition and the investment option you are interested in. We will help you compare the different investment options and select the most suitable one for you.

Request a quotation

Application Process (step-by-step)

Step 1. Onboarding and Investment Selection

Duration: 1-2 days

 

1. Initial steps include choosing the investment option that suits your goals (e.g., real estate, bank deposit, or government bonds)

2. Onboarding involves a brief review of your documents to ensure they meet the requirements

 

 

 

 

Outcome: Selection of the appropriate investment option and signing of the contracts with Migronis

 

Step 2. Property purchase and documentation preparation

Duration: Up to 1 month

 

1. Purchase qualifying real estate worth at least $400 000 or make another eligible investment

2. Obtain an expert valuation to confirm the property's compliance with program requirements

3. Submit documents to obtain the Certificate of Conformity, confirming that the property meets the program's criteria

4. The property will be marked with a resale restriction for 3 years

 

Outcome: Submission of the investment-related documents to the relevant Turkish authorities

Step 3. Residence permit application

Duration: 1 month

 

1. Apply for a residence permit, which is a prerequisite for citizenship

2. Both the main investor and their spouse must be present in Turkey to provide fingerprints

 

 

 

Outcome: Issuance of the residence permit

Step 4. Citizenship application and final approval

Duration: 4-6 months

 

1. Submit the application for citizenship along with the Certificate of Conformity

2. The legal team manages any additional requests and ensures compliance

3. Attend an in-person appointment to provide fingerprints and photos

 

Outcome: Upon approval, receive Turkish passports for the entire family

Unlock your second citizenship with expert guidance

 

 

At your free consultation:

✓ Explore tailored migration programs in the Lesser Antilles to achieve your goals

✓ Learn investor requirements and due diligence processes for a successful application

✓ Assess Grenada Citizenship by Investment options with detailed cost-benefit analyses

✓ Receive a clear strategic plan with necessary documents and timelines for a smooth application process, ensuring an efficient pathway to second citizenship

author

Expert Guidance every Step of the way to Your Second Passport

Neringa Bulakiene
Investment Immigration Expert
  • Specializes in Caribbean, Vanuatu, Turkish, US EB-5/E2, and European Golden Visa programs
  • Extensive experience in opening bank accounts, securing 190 closings, and real estate acquisitions

 

The Migronis team experts have over 12 years of experience in citizenship and residency by investment programs. Our team includes professional lawyers, notaries, real estate brokers, and experts in local tax legislation.

Schedule your free consultation

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YOUR TRUST IS OUR TOP PRIORITY
Here's what our customers say

Key results and recognitions

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12 years in the investment migration market

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~ 1,000 satisfied passport and residency permit holders

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Residency and citizenship in 10+ countries globally

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Direct collaboration with governments

AWARD-WINNING EXPERTISE
Worldwide recognition
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Global Law Experts Awards nominated Migronis as One of The Best Citizenship-for-Investment Companies in 2021
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Migronis has been shortlisted in the “TOP 25 immigration companies in the world”, according to UGLOBAL IMMIGRATION
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Global Law Experts Awards nominated Migronis as One of The Best Citizenship-for-Investment Companies in 2020

Why Choose Turkey Citizenship Program?

Tax system:⠀ ⠀General information ⠀ ⠀

Tax Residency Days

183 

Population

85.3 million

Personal Income Tax Rate

35%

Language

Turkish

Capital Gains Tax Rate

35%

Global mobility

58 international airports, extensive road networks, high-speed trains, and well-developed ports

Investment Income Tax Rate

17.5%

Аmenities

International schools, World-class hotels and restaurants, Luxury shopping centers and chain stores

Territorial Taxation

No

GDP

$905.84 billion

Property Tax

Yes

Currency

Turkish lira (TRY), $1 = 27.05 TRY (approx.)

Transfer Tax

Yes

Economy

Services - 54%, Industry - 28% of GDP

Inheritance Tax

Yes

Legal system

Civil law system influenced by European legal systems

Embracing the freedom of additional citizenship

Empower your life

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Strategic location and economic powerhouse

✓ Turkish citizenship provides access to a thriving economy and a unique geographical position that bridges Europe and Asia, opening up unparalleled opportunities for business and personal growth

✓ The country’s robust infrastructure and dynamic markets offer a solid foundation for both personal and financial security

 

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Global mobility

✓ Turkish citizenship grants visa-free or visa-on-arrival access to over 139 countries, including key destinations like Japan, South Korea, and Singapore, simplifying international travel for business, leisure, and education

✓ Benefit from the strategic advantage of Turkey’s location as a gateway between Europe, Asia, and the Middle East, enhancing your global reach

 

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Family security and freedom

✓ Turkey offers a stable and democratic environment that guarantees personal freedoms and the protection of your family’s rights

✓ Citizenship provides a reliable backup plan, ensuring your family’s safety and security during global uncertainties or emergencies

 

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Flexible financial environment

✓ Enjoy the benefits of a flexible financial environment with no requirement to open a local bank account or verify the source of funds, making the investment process more accessible

✓ Investors can use cryptocurrency to facilitate real estate transactions, providing modern convenience and greater flexibility in payment methods, which enhances Turkey's appeal as a destination for foreign direct investment

 

Schedule your free consultation

We have recieved your request

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Frequently Asked Questions

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Can a foreigner become a Turkish citizen?

Yes, foreign nationals can acquire Turkish citizenship through several methods, including the Citizenship by Investment program. By making qualifying investments, such as a real estate purchase or fixed capital investment.

 

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How much does it cost to get Turkish citizenship?

The minimum investment requirement for the citizenship by investment program is $400,000 through real estate investment. Other options include a fixed capital contribution or investing in government bonds. Additional fees, such as title deed registration and legal services for foreign investor, also apply, and the total cost will depend on the chosen investment route.

 

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What is the fastest way to get Turkish citizenship?

The quickest route to obtaining a Turkish passport is through the Citizenship by Investment program, which provides several ways to qualify. These include real estate investment, government bonds and treasury bills, a bank deposit in a Turkish bank, capital investment in a business, or purchasing shares of a real estate investment fund or a venture capital investment fund. The program is designed to attract foreign direct investment and typically takes 3 to 6 months to complete once all requirements are met.

 

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Can I buy property in Turkey and get citizenship?

Yes, buying property in Turkey is one of the most popular ways to participate in the citizenship by investment program. The minimum investment in real estate is $400 000, and the property must be held for at least 3 years. The property can be either residential or commercial.

 

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Can I sell the house after a while?

You are required to hold the real estate property for a minimum of 3 years as part of the citizenship by investment program. After this mandatory period, you are free to sell Turkish real estate without affecting your Turkey citizenship status. This flexibility makes property investment in Turkey highly appealing for foreign real estate investors seeking long-term growth or future returns. However, selling the property before the 3-year holding period may void your eligibility for citizenship by investment, as this requirement is integral to maintaining your Turkey citizenship status.

 

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Can I include my family in my application?

Yes, the Turkey Citizenship by Investment program allows you to include family members, such as your spouse and dependent children under 18 years old, making it a perfect option for families seeking dual citizenship. In addition, once Turkey citizenship is granted, it can be passed on to future generations, meaning your children will inherit your citizenship status.

 

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Is it worth getting Turkish citizenship?

Yes, obtaining Turkey citizenship through the citizenship by investment program provides numerous advantages. One key benefit is visa-free travel or visa-on-arrival access to over 139 countries, which makes global mobility much easier for foreign investors. Additionally, Turkey offers a strong and stable economy, backed by the Turkish lira, providing a solid foundation for long-term financial growth.

Another significant advantage is the opportunity to invest in the rapidly expanding real estate market. Investors can acquire real estate through property investment options, which are designed to attract foreign capital and offer high potential returns. This makes the program particularly appealing for individuals looking to diversify their portfolios while securing a second passport.

Moreover, the Turkey Citizenship by Investment program offers a strategic gateway between Europe, Asia, and the Middle East, providing foreign investors access to a thriving market and business opportunities across these regions. The program also allows you to obtain citizenship with a relatively straightforward process, making it one of the most popular choices among global investors.

 

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What are the steps in the entire process of obtaining Turkish citizenship?

The citizenship by investment process in Turkey involves several key steps, made simple and efficient with the support of our expert team:

- Choose an eligible investment option, such as real estate investment, fixed capital contributions, or the purchase of shares in an investment or real estate investment fund.

- Open a Turkish bank account if required for your chosen investment route.

- Apply for a residence permit in Turkey, an essential step in the process.

- Submit the citizenship application to the Provincial Directorate or General Directorate, including necessary documents like the title deed for real estate or proof of capital investment.

- Upon approval, you will receive your Turkish passport, completing the Turkey citizenship by investmentprocess.

Thanks to our team of experts, every stage of the process is straightforward, ensuring your path to citizenship is as smooth as possible, including assistance with opening a bank account and managing legal requirements.

 

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Is an in-person visit to Turkey required for approval?

In-person visits are necessary for some stages of the Turkey Citizenship by Investment process, though many steps can be completed remotely. Here are the key aspects that require your physical presence:- Opening a Turkish bank account: A personal visit is required to open a Turkish bank account, which is necessary for certain investment routes like real estate purchases and government bonds.- Providing biometrics: Applicants must visit Turkey to submit their biometric data, which is part of the citizenship application.

However, other stages like document submission or managing the real estate purchase can often be handled by legal representatives on your behalf, minimizing the need for multiple trips. This includes preparing and submitting the title deed at the Turkish land registry office. If you are including dependent children or family members in your application, their biometrics may also need to be provided during your visit. With the help of professional advisors, the process can be efficiently managed to ensure minimal stress​

 

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Can I go to the USA with a Turkish passport?

While the Turkish passport does not grant visa-free access to the USA, Turkish citizens are eligible for the U.S. E-2 Investor Visa, which allows you to live and work in the USA by making a foreign direct investment in a U.S. business.

 

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Will I become liable for military service?

No, foreign nationals who acquire Turkish citizenship through investment are exempt from military service.