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Additionally, there is no minimum residency requirement, Applications are processed in as little as 4 months.
This is why Turkish citizenship by investment is so appealing. It offers you the opportunity to travel visa-free to 137 countries.
Moreover, this means you can explore new horizons and expand your global opportunities. Step onto the fast track to international mobility.
Turkish citizenship also provides benefits if you’re applying for what’s colloquially referred to as "Turkey citizenship" as a family. You can include children under 18 as dependents.
As a result, the entire family can access free education and healthcare.
To apply for the Türkiye Citizenship by Investment Programme, applicants must fulfill ONE of the following investment options AND meet other requirements:
OPTION 1. Purchase Turkish Property
The first Citizenship by Investment option requires you to invest a minimum $400,000 real estate purchase in Türkiye. Moreover, you pay 1-8% VAT on a new property, while there is no VAT for resale.
Stamp duty is 4%, divided between you, the buyer, and the seller (although in the resale market, you will bear the cost of the entire 4%). Additionally, you pay 2% of the 4% real estate commission, while the seller covers the remaining 2%.
Furthermore, there is no Turkish government contribution amount. Additionally, you won’t need to worry about due diligence fees or administrative fees, except for minor negligible charges.
OPTION 2. Make a Bank Deposit in Türkiye
Deposit in a Turkish bank account at least $500,000 or other foreign currency’s worth of Turkish lira.
OPTION 3. Invest in a Turkish Real Estate or Venture Capital Investment Fund
The Presidency of the Republic of Türkiye Investment Option sets out the conditions. These are by “buying real estate investment fund shares or venture capital investment fund shares worth a minimum of USD 500,000 or equivalent foreign currency with the condition that they are not sold for at least three years, as attested by the Capital Markets Board of Türkiye”.
OPTION 4. Make a Turkish Fixed Capital Investment
Your fixed capital investment needs to be at least $500,000 for this “Turkey Citizenship-by-Investment Program” option.
OPTION 5. Buy Government Bonds in Türkiye
Your investment needs to be at least $500,000 for this “Turkish Citizenship-by-Investment Program” option.
OPTION 6. Create Jobs For Turkish Citizens With a New Business
Another way of qualifying for Türkiye Citizenship by Investment is by starting a new company. Create jobs for at least 50 people to satisfy Ministry of Labor and Social Security quotas.
Other Turkish Citizenship Requirements and Benefits
To be eligible for the Türkiye Citizenship by Investment Programme, first, you must hold onto your investment for at least 3 years. Additionally, you don’t have to live in Türkiye to qualify for citizenship there.