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Turkish Citizenship
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Citizenship By Investment
Many countries around the world have incentives in place to attract foreign investment from non-nationals in their economy. Most countries have Citizenship by Investment or Residency by Investment plans, providing access to residency or citizenship for a fixed investment amount, and via investment processes.
Turkish Citizenship By Investment – Law
According to the new regulation regarding the application of the Turkish Citizenship Code in 2019, foreigners who satisfy at least one of the below-mentioned investment options will be able to obtain Turkish Citizenship for themselves, as well as their families; their spouse and children below 18 years old (18 years old included).
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USD Deposit in a Turkish Bank
A deposit of USD 500k in cash (or the equal value in Turkish Lira) has to be made and kept for at least 3 years in one of the official Turkish Banks.
Real Estate Investment
A minimum amount of property (real estate) investment needs to be made to the value of USD 250k, with the condition that the investor does not sell the investment property within the three years from the start of the investment.
Fixed Capital Investment
A fixed capital investment of a minimum value of USD 500k (or the equal amount in Turkish Lira) must be made. This investment also needs to be confirmed by an official Turkish government body (the Ministry of Industry and Technology)
Government Bonds & Bills Investment
Turkish Citizenship can be obtained by investing in government bonds and bills on the condition that they are held for at least three years. And this investment needs to be confirmed by an official Turkish government body (Ministry of Treasury and Finance).
Trust Fund or Venture Capital Investment
It will be possible to obtain Turkish Citizenship if an investment is made in a Turkish real estate investment trust or shares of a venture capital investment fund for a minimum value of USD 500k.
