CITIZENSHIP BY INVESTMENT

Turkey

A pivotal country bridging continents: Asia and Europe, borders three seas and stands as a vital link to various markets due to its prime location. Istanbul, its largest city, isn’t just a cultural hub but also the heart of commerce despite Ankara being the capital.

+100

Including the UK, and Schengen countries

USD 400,000

A minimum amount of USD 400,000 is required.

3-6

Months from submission of the application

Turkey is widely recognized as a sought-after location for both leisure and business activities. Notably, there is no requirement for a minimum period of residency. Applications are typically expedited, often completed within just four months.

These factors contribute to the attractiveness of the Turkish Citizenship by Investment program. Participants gain the privilege of visa-free travel to 114 countries.

Furthermore, this program facilitates the exploration of new territories and the enhancement of global prospects. It also serves as a gateway to international mobility.

Benefits of Turkey Citizenship by Investment Program

Global Travel Freedom

Enjoy visa-free or visa-on-arrival access to over 110 destinations, including Hong Kong, Japan, and Singapore.

Embrace Mediterranean Paradise

Obtain citizenship in a country known for its mild Mediterranean climate, stunning scenery, and high standard of living.

Extend Citizenship to Your Family

Full Citizenship Privileges Granted to the Applicant and Included Family Members.

Enjoy E-2 Visa Benefits

Eligibility for an E-2 Investor Visa in the USA after three years of domiciling in Türkiye, valid for a renewable five-year period.

Live A Better Quality Of Life

Tax Advantages: Benefit from favorable tax regimes, potentially reducing tax burdens on income, capital gains, and inheritance.

Who can qualify for the program?

Investor (Over 18 years old)
Spouse (Over 18 years old)
Children (Below the age of 18)

Requirements of Turkey citizenship by investment

OPTION 1

Acquire at least USD 400,000 worth of real estate.

OPTION 2

Invest a minimum of USD 500,000 in fixed capital contributions.

OPTION 3

Deposit at least USD 500,000 into a Turkish bank account.

OPTION 4

Commit at least USD 500,000 into government bonds.

OPTION 5

Commit at least USD 500,000 into real estate investment fund share or venture capital investment fund share.

OPTION 6

Commit at least USD 500,000 into a private pension system for a minimum holding period of three years.

OPTION 7

Create jobs for at least 50 people, as attested by the Ministry of Family, Labour and Social Services.

OTHER REQUIREMENTS

To qualify for the Türkiye Citizenship by Investment Program, you must retain your investment for a minimum of three years.

Procedures and time frame of the Turkey Citizenship by Investment Program

Phase 1: Client Onboarding & Initial Preparation

Signing with BLS Global Partners and Sponsors:
The process begins with filing the client’s form, which enables our sponsors and partners to carry out the initial due diligence. Subsequently, following the successful screening, we provide you with a formal agreement.

Select and Make the Investment:
– Choose an eligible investment option, such as real estate, bank deposit, government bonds, or capital investment.
– Complete the investment process, ensuring it meets the minimum required amount (e.g., $400,000 for real estate).

Gather Required Documents:
– Collect necessary documents, including passport copies, birth certificates, proof of investment, and other relevant paperwork.
– Ensure all documents are translated into Turkish and notarized as required.
Open a Turkish Bank Account:
– Set up a bank account in Türkiye to facilitate the investment and payment of associated fees.

Phase 2: Application Submission

Submit Investment Documentation:
– Provide proof of investment to the relevant Turkish authorities (e.g., the Land Registry for real estate investments).
– Obtain a Certificate of Conformity from the relevant authority confirming that the investment meets the program requirements.

Residency Permit Application:
– Apply for a temporary residency permit, which is necessary even if you do not plan to reside in Türkiye.
– Submit required documents to the Provincial Directorate of Migration Management.

Citizenship Application:
– Once the temporary residency permit is obtained, submit the citizenship application to the Provincial Directorate of Civil Registration and Nationality.
– Include all necessary documents and proof of investment with the application.

Phase 3: Approval and Citizenship

Application Processing:
– The application undergoes thorough review and due diligence by Turkish authorities.
– This process may take several months, during which additional documents or information may be requested.

Approval and Final Steps:
– Upon approval, you will receive a notification of your citizenship status.
– Complete the final formalities, including biometric registration and other administrative processes.

Receive Turkish Citizenship:
– Obtain your Turkish passport and citizenship documentation.
– You and your eligible family members are now Turkish citizens with all associated rights and privileges.

Note: The timeframe for the real estate option may vary based on the project, highlighting the importance of selecting a project that can provide the necessary paperwork for the citizenship application.

Disclaimer: Residency requirements and investment details are subject to change. Please consult with our experts for the latest information.

FAQs

1. What is the Turkey Citizenship by Investment program?

The Turkey Citizenship by Investment program allows foreign investors to obtain Turkish citizenship by making a qualifying investment in Turkey’s economy, such as real estate, capital investment, or bank deposits.

2. What are the investment options for the Turkey Citizenship by Investment program?

Investment options include purchasing real estate worth at least $400,000, making a capital investment of at least $500,000, depositing at least $500,000 in a Turkish bank, or investing in government bonds worth at least $500,000.

3. How long do I need to hold my investment to qualify for Turkish citizenship?

You must retain your investment for a minimum of three years to qualify for Turkish citizenship under the Citizenship by Investment program.

4. Can my family members be included in the Turkey Citizenship by Investment application?

Yes, your spouse and dependent children under 18 can be included in the application for Turkish citizenship.

5. How long does the Turkey Citizenship by Investment application process take?

The entire process, from making the investment to receiving citizenship approval, generally takes between 3 to 6 months.