TURKEYCITIZENSHIP BY INVESTMENT
MIN INVESTMENT
$250,000
PROCESSING TIME
3-6 MONTHS
PERMIT TYPE
CITIZENSHIP
FAMILY
SPOUSE, CHILD
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SUMMARY
Turkey is situated in the Near East, near the European continent’s entrance. The country is a significant travel and tourist destination, with millions of visitors each year. The Turkey Citizenship By Investment Programme (CBI or CIP) was introduced in 2017 to support the country’s economy. In his application, the applicant should include his spouse and minor children.
Real estate, shares, bank deposits, company investments, and other investment opportunities are available through the Turkey Economic Citizenship programme. The investment must be held for a minimum of three years. The procedure will take anywhere from three to six months.
There are numerous benefits of getting Turkish Citizenship. Turkey’s passport allows visa-free travel to several countries, including Brazil, Hong Kong, and Singapore. Turkish citizens may apply for a US E-2 treaty investor visa to live in the United States without difficulty. Foreign income is taxed at a rate of 17.5 percent in Turkey.
POPULATION
80 Million
CAPITAL
Ankara
CURRENCY
Turkish Lira
LANGUAGE
Turkish
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- TYPE: CITIZENSHIP
- VISA-FREE: N.A.
- PROCESS: 3-4 MONTHS
INVESTMENT
Applicants can choose from 6 investment options to get Turkish Citizenship By Investment. The investment must be held for at least three years.
- Real estate investment of $250,000
- Bank deposits of $500,000 in a Turkish bank with a certificate of compliance provided by the Banking Regulation and Supervision Agency
- Government bonds of $500,000 in shares that have earned a certificate of conformity from the Ministry of Treasury and Finance
- Capital investment of $500,000 for which the Ministry of Treasury and Finance issues a certificate of conformity.
- Fixed capital investment of at least $500,000 for which the Ministry of Industry and Technology issues a certificate of conformity.
- Business investment in a company that employs at least 50 people and has a certificate of compliance from the Ministry of Family, Labor, and Social Services.
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PROCESS
Application Processing Time: 3-6 Months
STEP 1 - MONTH 1
You will need to have made the required investment before applying. Once this is done, you must request a certificate of eligibility from the Ministry of Treasury and Finance.
STEP 2 - MONTH 1
In order to qualify for citizenship, an applicant will first need to hold a resident permit. This is largely symbolic and a resident permit is provided as you apply for citizenship at the Provincial Directorate of Immigration Administration.
STEP 3 - Month 4
Make an application to the settlement's Provincial Directorate of Census and Citizenship. Due diligence is then made on the application, a process that can take 2-3 months. If the investigation is favorable, the application will be sent to the President's Office. If the President rules in favor of the acquisition of Turkish citizenship, it will be granted.
CONDITIONS
- A series of requirements must be fulfilled to apply for Turkey citizenship by investment programme. Check all the requirements for obtaining Citizenship by Investment in Turkey.
- Applicable for Business Option:
Have a company in Turkey that employs at least 100 people and is controlled by the Ministry of Labor and Social Security. - Criminal Record:
To demonstrate good morals by behaving with the sense of duty needed to live together in society, instil confidence in his or her community by his or her actions, and avoid being despised by society and acting against social values. - Medical Test:
The Ministry of Health has concluded that the individual does not have a disease that poses a threat to his or her general health.
FAMILY
- Child Dependent
Turkish citizenship would also be given to children under the age of eighteen.