$400,000
3-6 months
3 years
Important note: if you want to get Turkish citizenship under the old rules, it is recommended to choose projects where you can receive legal ownership without any delay
Turkey’s investment program allows the whole family to receive passports. Who can obtain citizenship:
- Spouse
- Children under 18 y.o.
Children from other marriages can be included in the application. In this case, it is necessary to have:
- Consent of the second parent
- Affidavit
Turkish citizenship is also heritable.
- The Turkish real estate market has an average of 12% per annum capital appreciation. Istanbul real estate prices are growing by about 20-25% annually.
- The possibility to buy real estate for cryptocurrency.
- Foreign nationals do not need to have a residence permit as a prerequisite for purchasing property in Turkey.
| . | Real estate investment | Bank deposit | Purchase of securities | Investments in funds | Starting a business |
|---|---|---|---|---|---|
| Minimum investment amount | From $400,000 | From $500,000 | From $500,000 | From $500,000 | From $500,000 |
| Investment yield | Depending on the estate object (3-7% per annum guaranteed) | 0.9-1.5% per annum in US dollars | Depending on the project | Depending on the fund | Depending on the business project |
| Return of investments | yes | yes | yes | yes | yes |
| Retention period | 3 years | 3 years | 3 years | 3 years | 3 years |
| Important notes | You can buy any one or several estate objects | - | - | - | If a business creates 50 new jobs, there is no minimum investment |
We can help you in solving any issue, for example, we will inform you about business tax incentives in Turkey
Turkish citizenship by investment
A Turkish passport is an opportunity to open an E-2 visa for the United States. You can become a Turkish citizen by investing in the country's economy. Moreover, the government program offers various ways to obtain the status of a Turkish citizen, the most popular of which is the purchase of real estate property. The application and processing take only 3-6 months.
Benefits of Turkish Citizenship
First of all, everyone knows Turkey as a resort country with access to four seas - the Black, Mediterranean, Marmara and Aegean.
But these are not the only advantages that the Republic of Turkey can bring to you. It is a country with a fast-growing economy, abundant opportunities for new and bold business projects, and a huge and dynamic real estate market. The status of a Turkish citizen attracts many investors because it gives a high standard of living, a variety of tax benefits, a convenient visa-free regime, and the opportunity to move to the USA or the UK.
Turkish passport TOP advantages
- Profitable real estate with a high investment yield;
- Various social benefits: medical care, education, pension;
- Loyal taxation system for the business;
- Visa-free entry to over 110 countries around the world, including Japan, Singapore, South Korea, etc.
- The ability to obtain a non-immigrant visa E-2 in the United States;
- A high standard of living at a relatively low cost;
- Legal dual citizenship.
How to get Turkish citizenship by investment
The most reliable and easy way is to use the help of Migronis. We are a licensed migration agency. Our experts guide each client through the entire process, from selecting an investment option to obtaining a Turkish passport.
- We will conduct a preliminary check of all necessary documentation and help you choose the right investment option. If it is a real estate property, then Migronis will find exactly the right object for you.
- The next step is to collect your documents. Migronis experts will help you collect everything you need. They will also fill in all the necessary forms, translate and apostille the entire package of documents - birth certificate, passport, all forms, etc. - and they will submit everything to the migration authorities of the country.
- The third step will be the payment for the chosen investment option. After this, you will receive a residence permit - this is a mandatory procedure when applying for a passport.
- Step four – the procedure for applying for Turkish citizenship. You will need only one visit to Turkey when it is time to submit your biometric data.
- And finally, the end of the journey is getting a passport. Migronis will be there for you too - we will help you solve any issues that may arise, from business and operational, to purely domestic (including arrangements of various additional documents).
The whole process of preparing documents, applying for Turkish citizenship, selecting an investment method, etc. - will take only up to 6 months.
Ways to obtain citizenship
The Turkish Investment Program offers five options for applying for citizenship. The funds retention term is the same for all cases – 3 years. After 3 years, a business or real estate object can be sold, money can be withdrawn from a deposit account, etc.
- Private business. The minimum investment starts from $500,000. If the new company you register in Turkey creates 50 new jobs for this country, there is no minimum investment threshold. This is a very popular option, taking into account that Turkey has a very loyal tax system.
- Investment funds. You must invest at least $500,000. This option offers not only citizenship, it also gives passive income from the fund.
- Securities. You need to purchase government bonds or bills in the amount of $500,000 or more.
- Bank deposit account. In order to obtain citizenship in this case, an amount similar to other options must be deposited into the bank account - from $ 500,000. On average, Turkish banks offer a deposit profit at a 0.9-1.5% per annum rate in US dollars.
- Purchase of real estate property. Obtaining citizenship by buying real estate is the cheapest option. You should plan to invest the amount of $250,000 or more. We will tell you more about this method below.
How to get Turkish citizenship when buying property
This is one of the most popular options for getting a Turkish passport. The minimum investment starts from $250,000. But the most interesting part is not the price, the best part of it is the unique conditions offered by the Turkish citizenship by investment program.
First of all, you can buy any property in Turkey. It can be a house, apartment, villa, high-rise building, a plot of land, skyscraper – whatever you like. There are simply no restrictions on the type of real estate – any property object will allow you to obtain Turkish citizenship. And if this is not enough – consider this: you are allowed to buy several objects if their total price is $250,000. For example, a land plot for $50,000 and a separate resort villa for $200,000 - this option will allow you to obtain Turkish citizenship.
Requirements for obtaining citizenship
During the application for Turkish citizenship, the requirements for an investor in the country are minimal.
- Must be over 18 y.o.
- Confirm that the investment comes from a legal source.
- Not to have records of previous Turkish immigration law violations.
- Not to be a citizen of Armenia, Syria, Yemen, or North Korea.
And that's all! Dual citizenship is legal in Turkey, which means you won't have to give up your second citizenship. You don't even need to take the Turkish language exam.
What documents do you need to obtain Turkish citizenship?
Applicant provides:
- Foreign passports of all applicants
- Birth certificates (both for children and adult program participants)
- Marriage certificate
- Letter of attorney (issued by the main applicant and spouse at the Turkish Consulate)
- Photos of all applicants 50*60 mm, the main applicant - 15 pcs., family members - 10 pcs. for each.
Migronis provides:
- Payment receipt for the property (scanned document)
- Medical insurance issued by a Turkish insurance company
- Two copies of the application for the form of citizenship (can be filled out by the applicant himself or by his authorized representative)
- Certificate of no criminal record
- Tax number (issued by a trusted representative)
- Extract from the General Cadastral Office of Turkey on the fulfillment by the applicant of his investment obligations (uygunluk belgesi)
- Payment receipt of the state fee for issuing a Turkish passport
- TAPU (certificate of ownership of real estate property in Turkey)
- Sale and purchase contract of Turkish real estate by the applicant
- Ikamet (valid residence permit of the applicant)
If a spouse is applying for citizenship together with the investor, a marriage certificate will be required in addition to the passport application.
All these documents must be translated into Turkish without fail and duly apostilled.
