Türkiye
Türkiye is a major transcontinental country strategically positioned and bordered by three seas. A popular tourist destination, Türkiye’s location facilitates connectivity with key markets via excellent transport links. Although Ankara is its capital, the leading global city of Istanbul is Türkiye’s largest and is its main commercial and cultural center.
Country Overview
Download the Türkiye factsheet from the citizenship tab to find out more about the program. Alternatively, contact us directly for any specific questions.
Country Information
Linking both the European and Asian markets, Türkiye is a melting pot of cultures, with frenzied markets, towering
mosques, imperial residences, and a lively art and musical entertainment scene.
Population: 83.6 million
Languages: Turkish, English
Economy: Developed, industrialized
Currency: Turkish lira
An Overview of Türkiye
With the economic, cultural, and historic central city of Istanbul embracing Europe and Asia on the Bosphorus Strait, Türkiye is a transcontinental country that benefits significantly from its geostrategic location.
From breathtaking Mediterranean vistas to the eastern steppe, peppered with ancient ruins, Türkiye’s diverse landscape and wide range of activities draw visitors from across the globe each year. A former stop along the Silk Road, Türkiye is steeped in rich cultural history with the Romans, Byzantines, and Ottomans all having left their indelible marks, evident in the world-famous ruins and monuments.
As a democratic, constitutional republic, Türkiye has become increasingly integrated with the West through its membership of organizations such as the Council of Europe, NATO, the OECD, and the G20 major economies. It has also fostered close cultural, political, economic, and industrial relations, particularly with the Middle East and the Turkish states of Central Asia, through the Organization of the Islamic Conference and the Economic Cooperation Organization.
Türkiye began full membership negotiations with the EU in 2005, having been an associate member of the European Economic Community since 1963 and having reached a customs union agreement in 1995. The country’s currency is the Turkish lira, and the official language is Turkish.
Successful applicants can enjoy citizenship of a country that boasts a mild Mediterranean climate, beautiful scenery, and a high standard of living. They also gain access to a transcontinental Eurasian country that is a stable economic, financial, and political hub between Europe, Western Asia, and the Middle East.
Full citizenship is granted to the applicant and included family members. Furthermore, successful applicants are eligible for an E-2 Investor Visa in the USA for a five-year renewable period.
Citizenship by Investment Overview
The Türkiye Citizenship by Investment Program allows investors to access both the European and Asian markets by making an investment into Türkiye’s economy.
Investment
Minimum contribution of EUR 400,000
Key benefit
Türkiye Citizenship by Investment
The Türkiye Citizenship by Investment Program (previously named the Turkey Citizenship by Investment Program) was launched in January 2017 to attract foreign direct investment to and boost growth in the country’s real estate sector. The program allows applicants to choose from a number of different types of economic contributions to Turkish society, thereby developing the country’s economy.
With the city of Istanbul embracing Europe and Asia on the Bosphorus Strait, Türkiye is a transcontinental Eurasian country. Its location at the crossroads of Europe and Asia makes it a country of significant geostrategic importance.
Benefits of the Türkiye Citizenship by Investment Program
- Visa-free or visa-on-arrival access to over 110 destinations including Hong Kong, Japan, and Singapore
- Citizenship of a country that enjoys a mild Mediterranean climate, beautiful scenery, and a high standard of living
- Full citizenship granted to the applicant and included family members
- Eligibility for an E-2 Investor Visa in the USA after being domiciled in Türkiye for three years, valid for a five-year renewable period
- Access to a transcontinental Eurasian country that is a stable economic, financial, and political hub between Europe, Western Asia, and the Middle East
Requirements of Türkiye citizenship by investment
To qualify for citizenship, the main applicant should fulfil one of the following investment requirements:
- Acquire at least USD 400,000 worth of real estate
- Invest a minimum of USD 500,000 in fixed capital contributions
- Deposit at least USD 500,000 into a Turkish bank account
- Commit at least USD 500,000 into government bonds
- Commit at least USD 500,000 into real estate investment fund share or venture capital investment fund share
- Commit at least USD 500,000 into a private pension system for a minimum holding period of three years
- Create jobs for at least 50 people, as attested by the Ministry of Family, Labour and Social Services
The main applicant may include their spouse, dependent children below the age of 18, and children of any age who are living with disabilities in their application.
Procedures for the Türkiye Citizenship by Investment Program
After applicants have chosen the qualifying investment option, a residence permit application shall be made on the family’s behalf. The main applicant is then required to open a bank account in Türkiye.
Once all application documents have been prepared (including applicable certifications and translations), the investment can be completed and the documents submitted to the government. Contributions must be made in Turkish lira, equivalent to the USD amount. Successful applicants are required to visit the country to submit biometrics for the residence application. Once citizenship documents are issued, the passport application can be submitted.
Please note that Turkish gift and inheritance taxes apply to worldwide assets held by Turkish citizens. We recommend that you seek appropriate professional advice in this regard.
Türkiye Citizenship by Investment Program frequently asked questions
What is the Türkiye Citizenship by Investment Program?
The Türkiye Citizenship by Investment Program offers citizenship to individuals and their families through substantial investments in Türkiye.
What are the investment options available for the Türkiye Citizenship by Investment Program?
Investment options include acquiring real estate, investing in fixed capital contributions, depositing funds into a Turkish bank account, committing to government bonds, investing in a real estate or venture capital fund, contributing to a private pension system with a minimum holding period of three years, or creating jobs for at least 50 people as verified by the Ministry of Family, Labour and Social Services.
What are the benefits of obtaining Turkish citizenship through investment?
Benefits include visa-free travel to many countries, the right to live, work, and study in Türkiye, and access to a strategic location bridging Europe and Asia.
What is the minimum investment required for the Türkiye Citizenship by Investment Program?
The minimum investment starts at USD 400,000 for real estate purchases.
How long does it take to process an application for the Türkiye Citizenship by Investment Program?
Processing times for citizenship by investment applications may vary. Please contact us to find out more.
Can family members be included in the Türkiye Citizenship by Investment Program application?
Yes, the main applicant can include their spouse and dependent children in their application.
What are the residence requirements for the Türkiye Citizenship by Investment Program?
There are no specific residence requirements, but applicants must maintain their investment for a minimum of three years.
What documents are required for the Türkiye Citizenship by Investment Program application?
Required documents include a valid passport, proof of investment or contribution, a clean criminal record, and other supporting documents.
What is the process for applying to the Türkiye Citizenship by Investment Program?
Applicants must choose a qualifying investment, submit the application with the necessary documents, and undergo a due diligence process.
Türkiye Real Estate
Everything you need to know about acquiring premium real estate in Türkiye and linked to the Türkiye Citizenship by Investment Program.
Holding period of real estate
Type of ownership
Full ownership
Minimum real estate investment
USD 400,000
Rental income opportunity
5 %
Contact us today
Henley & Partners assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation.
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