Turkish Citizenship by Investment Program

There are three main investment routes for foreigners to obtain a Turkish passport via the Türkiye citizenship by investment program, with each their own application requirements. They are as follows:

1. The acquisition of real estate

   Purchase a property worth USD 250,000 minimum. The real estate can be of any kind; residential, corporate or land. You may also choose to buy multiple properties within the same neighbourhood as long as the total amount adds up to the minimum amount of USD 400,000, however you must ensure that all properties are registered on the same day. The property or properties must be owned for a minimum of three years.
   
   

2. The creation of jobs in Türkiye

   Launch a business with at least 50 Turkish employees.
   
   

3. Make a capital investment of USD 500,000 minimum (this is suggested to be done using a stable currency like the Euro, however, can also be deposited in the Turkish Lira currency)

   • Contribute to the Government by purchasing government bonds worth at least USD 500,000, keeping them for at least three consecutive years

   • Deposit at least USD 500,000 into a Turkish bank, keeping it for at least three consecutive years

   • Invest USD 500,000 minimum into a venture capital or real estate investment fund share for at least three consecutive years

There are no residency requirements to obtain Turkish citizenship as an investor.

The following documents are needed for a Türkiye Investor Visa application:

• Birth certificate of each applicant

• Passports of each applicant

• Proof of foreign residency and that all applicants have not resided within Türkiye illegally

• Biometric passport-size photos in full color for each applicant

• Marriage certificate (if applicable)

• Divorce certificate (if applicable)

• Death certificate (of spouse, if applicable)

• Proof of a clean criminal record for all applicants

• Proof of Health Insurance that is valid in Türkiye for each applicant) 

• Proof of chosen investment

• Proof of having covered the costs for taxes and all fees involved with the application

• Turkish Tax Number (mandatory)

In order to make an investment in Türkiye, you must receive a Certificate of Eligibility. To do this, an applicant must apply for the certificate at an institution based on the chosen investment route, as seen below:

• For investment in real estate – Turkish Land Registry and Cadaster of the Ministry of Environment and Urbanization.

• For a capital investment – Incentive Application and Foreign Capital of the Turkish Ministry of Industry and Technology.

• For a deposit in a Turkish bank account – the Department of Financial Consumer Relations of the Banking Regulation and Supervision Agency.

• For an investment in government bonds – Turkish Ministry of Treasury and Finance.

• For purchasing a real estate investment fund share or venture capital investment fund share – Department of the Brokerage Activities of the Capital Markets Board of Türkiye.

• For establishing a company that will employ at least 50 people – General Directorate of International Labor of the Ministry of Family, Labor and Social Services.