Turkey, officially the Republic of Turkey, a country that builds on an old and rich history occupies a unique geographic position, lying partly in Asia and partly in Europe linking the cultural heritage of the west and the east. It stretches across the Anatolian peninsula in Western Asia and Thrace in the Balkans representing a cultural mix. Known for its roaring waterfalls, fascinating valleys, mountain views, and forests of the Black Sea region, it is a delight to watch for nature lovers. Marvels and souvenirs stretching back to the dawn of civilization represent a great history of the country.
Istanbul is the largest city and the financial centre, and Ankara is the capital. Turks form the majority of its population and is highly desirable for many middle eastern families. Turkey does boast a well-developed infrastructure and high standard of living, thereby making it a great choice for real estate investors.
The Turkey citizenship by investment program was officially launched in September 2018 as a channel to acquire Turkish citizenship. A minimum of USD 250,000 investment in real estate is to be made anywhere in the country. The investment does not include expenses like property transfer fees, insurance, and other fees.
The property can be sold after a period of 3 years; however, citizenship is for life. One can apply for Turkey citizenship as soon as the property is purchased and there is no requirement of any experience, education etc. A Turkish identity card is also offered along with a biometrics passport with 10 years of validity
Another option to acquire Turkey citizenship is through Fixed Deposit. A deposit of USD 500,000 in a bank operating in Turkey can be made for 3 years. This deposit can be made to USD, TRY or EURO accounts.
No, there is no travel or residency requirement.
110+ countries are visa free including Japan, Hong Kong, Singapore, Russia, and Brazil
No, there is no language or any in-person interview requirement
Yes, your consultant will help you in choosing a property to acquire a Turkey passport
Yes, the property can only be sold after 3 years