CITIZENSHIP BY INVESTMENTTurkey

An insanely beautiful country

For sheer diversity, Turkey is hard to beat! Surrounded by water on three sides, the coastline is some of the most beautiful in the world. Turkey is a melting pot of cultures where east meets west, with diverse landscapes, imposing mosques and imperial residences, a lively arts and music scene and frenzied markets drawing visitors from across the globe each year. Istanbul, with its new international airport, is fast establishing itself as a key international travel hub as Turkish citizens now enjoy easier access to over 110 countries around the world. Great for doing business too, Turkey is among the fastest-growing economies in the world and one of the best places to expand your business. With its thriving economy, geopolitical position, promising growth opportunities, hard working business community and a young population, the country attracts foreign investors from all over the world.

LOCATION & TIME ZONE
Located both in Western Asia and
South-eastern Europe, it is bordered
by eight countries: Bulgaria, Greece,
Georgia, Armenia, Azerbaijan, Iran, Iraq,
and Syria. GMT+3
CAPITAL
Ankara
VISA FREE COUNTRIES
113
TOTAL AREA
783,562 sq. km
POPULATION
82 million
GDP & GDP/CAPITA
$771.4bn (2018),
$9,370 (2018)

LANGUAGE
Turkish
RELIGION
Islam
GOVERNMENT TYPE
Presidential Republic, Democracy
CURRENCY
Lira
V.A.T
18%
INTERNATIONAL MEMBERSHIP
United Nations which includes UNESCO, UNICEF, World Bank, World Health Organization, World Trade Organization. NATO, G20, OECD, Organization for Security and Co-operation in Europe, European Council, Economic Cooperation Organization

Fact Sheet

WHY CHOOSE TURKEY

Enjoy a country that is an eclectic mix of Europe, Asia and the Middle East. A country that boasts a mild Mediterranean climate, beautiful scenery and a high standard of living. An ever-growing popular tourist destination, great for investment and for business with easier residency access to the US and UK.

MINIMUM INVESTMENT & PROCESSING TIME

  • $400,000 plus fees and taxes
  • Approval in 3-6 months

BENEFITS

  • Visa-free or visa-on-arrival access to 113 destinations including Hong Kong, Japan and Singapore.
  • Full citizenship granted to the applicant their spouse and family members under the age of 18.
  • Eligibility for an E-2 Investor Visa in the USA for a five-year renewable period and the Turkish Business Person visa to start the journey to British Citizenship.
  • You are not required to declare your assets or income that you currently have in other countries.
  • You do not have to have lived continuously in Turkey for a certain period to become eligible for citizenship. You can continue to live abroad and apply for citizenship as soon as you get the residence permit.
  • You are free to work in Turkey without requiring a work permit, you are also entitled to low cost healthcare and insurance, can vote in national elections, have access to state pensions and apply for loans.
  • The Visa Liberalization Dialogue, the aim of which is to grant Turkish citizens visa-free travel right to Schengen countries, between Turkey and the EU, was launched in 2013.
  • The average time frame for an application is 30 – 60 days. Successful applicants receive full citizenship of the Republic of Turkey by decision of the Government of Turkey, and can apply for a passport immediately afterwards. Passports are issued within a few days.
  • The grant of citizenship is not reported to any other country, as it falls within the Government provisions relating to privacy/official secrets.
  • It grants residency, citizenship and a second passport to applicants investing either in real estate or a bank deposit. The bank deposit route is particularly attractive for investors as this investment can be in US Dollars. That eliminates the volatile currency risk of investing in Turkish real estate.
  • There is no minimum residency requirement. You do not have to live in Turkey you can come and go as you wish.
  • The grant of citizenship is not reported to any other country, as it falls within the Government provisions relating to privacy/official secrets.

It grants residency, citizenship and a second passport to applicants investing either in real estate or a bank deposit. The bank deposit route is particularly attractive for investors as this investment can be in US Dollars. That eliminates the volatile currency risk of investing in Turkish real estate.

QUALIFICATIONS

To qualify for citizenship the applicant must submit the following documents:

  • Original and photocopy of passport.
  • Four passport-size photos.
  • Medical Certificate.
  • Original Police Clearance Certificate.
  • Original or Certified copy of Birth Certificate (if applicable).
  • Original or Certified copy of Marriage Certificate (if applicable).
  • Title Deeds or Proof of Registration of Real Estate.
  • Real estate sales and purchase agreement.
  • Proof of Payment of Real Estate.
  • Statement of Source of Funds.

Investment Criteria

AVAILABLE OPTIONS

To qualify for citizenship, the main applicant should fulfill one of the following investment requirements:

  • Acquire at least $400,000 worth of a real estate.
  • Invest a minimum of $500,000 fixed capital contribution.
  • Deposit at least $500,000 or equivalent foreign currency or Turkish lira into a Turkish bank account.
  • Commit at least $500,000 or equivalent foreign currency or Turkish lira into government bonds.
  • Commit at least $500,000 or equivalent foreign currency or Turkish lira into real estate investment fund share or venture capital investment fund share.
  • Create jobs for at least 50 people, as attested by the Ministry of Family, Labour and Social Services.

CONDITIONS

  1. You must retain your investment for a period of three years.
  2. You are allowed to buy several properties which have a total value or more than $400,000. You need to apply at the same time for all. Tapu office accepts citizenship applications if the declared values are above $400,000.
  3. The ministry verifies if the value declared on Title Deed correct and above $400,000 with sworn appraisers. All the property value should be paid by bank transfer to the Property Sellers.
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Buying Real Estate in Turkey

A strong tourist market along with local demand for city properties has seen an influx of foreign buyers coming into the market. Our focus has been on beach resorts and Istanbul which is where we believe there is the strongest demand.

We select only those we consider offer something a little different and will always be in demand when the time comes to sell. The figures quoted for rental yields and capital appreciation are independently validated via annual real estate reports. As are the market prices. We only recommend companies with a proven track record not only in construction and on time delivery but as importantly in looking after our clients.

View our Portfolio of

Carefully Chosen Properties

Click here to request further information.

A signature project that redefines luxury

EXCLUSIVE DISTINCTIVE AND ELEGANT

320 luxury residential apartments located on the floors above a hotel in an exceptional location in Istanbul. Residents enjoy a full 5*star concierge service provided by the hotel. Prices start from $650,000. 

Historical buildings

THE NEW ADDRESS FOR SOCIAL AND CITY LIFE ON THE WATERFRONT

Historical buildings lovingly restored offering loft conversions, designer casa villas and luxury apartments. This is an investment that you cannot afford to miss. Prices start from $226,000.

Luxurious loft conversions

EXCLUSIVE DEVELOPMENT

Great for living or investment, 30 luxurious loft conversions and 187 apartments, the project enjoys many integrated leisure facilities. Prices start from $146,000.

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