Turkish citizenship by investment program is one of the most popular ones among investors.

Cosmopolitans can obtain second citizenship by investing $400,000+ in the country’s economy. There are five options available: purchase of real estate or units of an investment fund or bonds, participation in the share capital of a Turkish company, and opening of a deposit in a Turkish Bank.

The purchase of real estate is the most demanding option. Real estate prices grow by 15 to 25% per year in Turkey. As a result, home sales to investors grew by 43.5% in 2021.

Family members such as a spouse and children can get second citizenship in Turkey along with the investor.

  1. Travel to the Schengen area
    Citizens of Turkey can get a C-2 Schengen visa for 5 years. The visa allows citizens to stay in the Schengen countries for up to 90 days out of 180.
  2. Visa-free entry to 100+ countries
    Holders of Turkish passports visit 110 countries without a visa: they freely enter Singapore, South Korea and other countries.
  3. “Safe haven”
    Investors can go to Turkey anytime, even if the borders are closed. It is crucial in an emergency: a political crisis, epidemic, or threat to the safety of family members.
    The second citizenship gives the right to live, work, study and run a business in Turkey without restrictions.
  4. E-2 business visa to the USA
    Turkish citizens can get an E-2 visa, allowing investors and their families to live and work in the USA. The investor opens or buys a business in the USA to get a visa. The minimum investment sum is not defined, but applicants usually invest $100,000+ in a business project.
  5. Tourist visa to the USA
    Investors with Turkish citizenship can get a B-1/B-2 visa to the USA. They applied and passed an interview at US consulates in Turkey, e.g., in Istanbul or Ankara.
  6. Prospect of investment return
    An investor can return the money three years after obtaining citizenship in Turkey – by selling the investment real estate. There are no sale restrictions.

The Turkish program offers five investment options:

  1. Purchase of real estate – $400,000+
  2. Business investments – $500,000+
  3. Bank deposit – $500,000+
  4. Purchase of government bonds – $500,000+
  5. Purchase of units in an investment fund – $500,000+

Under the Turkish Citizenship Law, the investment sum is set in US dollars due to the volatility of the national currency.

The process takes 6-8 months. (obtaining period)

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