About
Capital: Ankara
Population: 83,600,000
Language: Turkish
GDP per capita: $12,985 USD
Currency: TRY (Turkish Lira)
Membership: Member of European Customs Union and NATO
Visa-Free Access Countries: 127 countries including Hong Kong, Singapore, Japan, Brazil, South Africa
Citizenship by Investment Program Overview
Welcome to Turkey, a country where history and opportunities meet in a cultural synthesis of East and West. Whether you want to explore historical and cultural wonders stretching from the dawn of civilization to the present day, bask in the sun on the warm Mediterranean coastline, or seek a welcoming place to develop your business opportunities, Turkey has something for everyone.
From bustling metropolises like Istanbul to picturesque coastal towns on the Aegean and Mediterranean shores, Turkey offers a diversity of culture and lifestyle suited to every interest.
With a population exceeding 80 million, Turkey's economy stands out with its resilience and diversity. Having implemented significant economic reforms in recent years, the country promotes an investor-friendly environment with a modern infrastructure network, world-class facilities, and incentives to facilitate business growth. Additionally, Turkey's strategic location on major trade routes presents lucrative opportunities for businesses looking to expand their global reach.
Located at the crossroads of Europe and Asia, Turkey welcomes you with open arms to explore a rich tapestry of cultural heritage, stunning landscapes, and warm hospitality.
To apply for a Turkish passport, the program requires the investor to choose either to deposit funds in a Turkish financial institution or to purchase property. The low investment amount, the fast-moving process, and a growing real estate market make the Turkey program an increasingly popular citizenship solution.
Advantages
• Visa-free or visa-on-arrival access to more than 110 destinations including Hong Kong, Japan, and Singapore.
• Eligibility for an E-2 Investor Visa in the USA after living in Turkey for three years, renewable every five years.
• Full citizenship is granted to the applicant as well as family members.
• Access to a transcontinental Eurasian country that is a stable economic and political hub between Europe, Asia, and the Middle East.
Investment Options
To qualify for citizenship, the main applicant must fulfill one of the following investment conditions:
OPTION
You can deposit at least $500,000 in a Turkish bank account.
OPTION
You can purchase real estate worth at least $400,000.
Note: The main applicant may include their spouse, dependent children under the age of 18, and children of any age living with a disability in their application.
Process Overview
After selecting an investment option, a residence permit application is filed on behalf of the family.
The main applicant is then required to open a bank account in Turkey. Once all application documents have been prepared (including valid documentation and translations), the investment can be completed, and the documents are submitted to the government. The participation amounts paid must be made in Turkish Lira equivalent to the US Dollar amount. Successful applicants are required to visit the country to submit biometrics for their residency application. Applications are typically approved within three to five months, after which citizenship documents are issued. Following this, a passport application can also be made.
If the main applicant decides to invest in property in Turkey, our law firm will gladly follow up on the acquisition of the property on your behalf and fulfill the legal requirements for the subsequent citizenship application.
Please note that Turkish gift and inheritance taxes apply to global assets owned by Turkish citizens. Our law firm can also provide you with professional advice on this matter if you wish.