In 2016, Turkey unveiled its citizenship by investment program. It provides applicants with residence, citizenship, and a second passport if they invest in real estate or make a bank deposit. For investors, the real estate route is very appealing. This needs a minimum property purchase of $250,000 plus fees, making Turkey one of the most affordable citizenship by investment programs on the market. The initial investment amount was set at $1 million. However, it was substantially lowered in September 2018.

A Turkish passport entitles you to visa-free travel (or visa on arrival) to 125 countries worldwide. Turkey also hopes to have visa-free access to the EU in the future. Currently, negotiations are underway, but Turkey still has a long way to meet EU requirements.

Turkey has some strong worldwide ties. For example, they have an E-2 Visa pact with the United States, which means Turkish citizens can apply for US residence under the E-2 Visa program.

  • Investment from $250,000
  • Full family residency
  • Flexible. No residency requirement
  • Citizenship in 3-6 months
  • Visa-Free Travel 125 Countries

The following are the required minimum investment limitations for the citizenship program:

  • $250,000 in Real Estate Investment
  • Deposit of $500,000 at the bank
  • $500,000 in capital investment

Citizenship in Turkey is awarded 3-6 months after the applicant’s investment. The applicant must keep the investment for at least three years.

Please contact our advisers for more information on the Turkish citizenship by investment program.