TURKISH CITIZENSHIP BY INVESTMENT
Know How to Become a Turkish Citizen through Investing in Real Estate
Citizenship by Investment programs have been witnessing some major changes and one of them is the introduction of the new Turkish citizenship program which was published on the Official Gazette and entered into force in September 2018. The new law requires a minimum Real Estate investment of USD 400,000 and the citizenship could be obtained in approximately 6 months.
Turkish Citizenship by Investment
Full Service Provider – Concierge | Financials & Legals | Property Acquisitions
Invest $400,000 in real estate and get your Turkish Passport in less than 2 months. We are one of the oldest, most established companies, processing residency applications for more than 10 years.
Real estate investments with 8% rental guarantee
Re-sell property after 3 years
Offices across 80 countries to assist you
Complex VAT exemptions taken care of by our lawyers
10
Years Of Experience10
Years Of Experience
2000+
Happy Investors2000+
Happy Investors
Program Benefits
Apply for citizenship in a G20 country, with twice the GDP of Portugal and Greece combined. Turkish has the fastest application processing time and the highest approval rate.
Visa-free travel to over 110 countries worldwide.
Turkish passport holders can enter to over 110 countries visa-free, including Singapore, Japan, South Korea, Thailand, and others.
Relocation to the US
Treaty agreement country for USA E-1 and E-2 Investor Visa.
Relocation to the UK
Turkish company owners have the option of a special business visa for the UK.
Fast citizenship application processing
Less than 2 months from application until approval.
Dual citizenship
Dual citizenship is permitted in Turkey
Family dependents also qualify
Applicant’s spouse and children who are less than 18 years old will also be granted
with Turkish citizenship together with you at the same time.
Residency not required
You are not required to reside in Turkey for any period of time.
Language not required
There is no requirement to learn the Turkish language.
Property investment with no donation
Invest in land or property with a minimum total value of $400,000 which could comprise of one or multiple properties.
Return of investment
After receiving your Turkish citizenship, you must hold the property for at least 3 years, after which you can resell the property or hold for 5 years to avoid capital gains tax.
Rental returns
Rent your property while you hold it, and benefit from annual yields of up to 8%.
Visa-free travel to over 110 countries worldwide.
A Turkish passport gives a wide range of advantages that most people are totally unaware of. If the far east is your target, then you can enjoy visa-free, or visa on arrival access to most of the financial powerhouses in the region, including Japan, Singapore, South Korea, and Thailand.
If it is the USA, then Turkey is a treaty country for both the E-1 and E2 visa programs, as well as enjoying visa-free access to 95% of south and central American countries.
For the UK, Turkey and the EU signed the 1963 ‘Ankara Agreement’ treaty, allowing Turkish nationals along with their families to live in the UK, by either establishing a business or taking up employment in a UK based company.
For entry into the EU, Turkish nationals enjoy a privileged status, making it very easy for them to obtain Schengen visas. In addition, there is an agreement with Greece that allows Turkish citizens to visit for short holidays, without being required to obtain a Schengen visa.
Investment Options
By far the most popular investment model for the Turkish program is to purchase property with a minimum value of $400,000. In 2019 more than six thousand main applicants from nearly 100 countries chose to take this option, attracted by the very reasonable prices and good rental yields.
Property
Buy real estate or land with a value of $400,000. The property can be let for rental income, or sold after 3 years.
Bank Deposit
Deposit $500,000 into a Turkish bank account with 3 years restriction to withdraw.
Real Estate Trusts
Buy shares worth $500,000 in Turkish REITs or VCTs with 3 years restriction to sell.
Government Bonds
Commit worth of $500,000 into government bonds with 3 years restriction to sell.
Fixed asset investment
Make $500,000 fixed asset investment.
Company set-up
Set up a business and create jobs for at least 50 people, confirmed by the Ministry of Labor and Social Security.
Four easy steps to acquiring Turkish citizenship
At ERTurkey, we take great pride in assisting clients from around the world in obtaining Turkish citizenship, via the multiple investment options at their disposal. We, along with our legal partners, with affiliate offices across several continents, are at hand to assist you at every step of the way, ensuring a streamlined service with precision and care, from application until approval.
Talk to our advisors
Complete investment
Apply for citizenship
Receive Turkish Passport
1 Talk to our advisors
Get in touch with us either by telephone or email after first learning as much as possible about Turkey.
2 Complete investment
We will send you a short questionnaire to assist us with learning more about your individual circumstances, then help you select the right path for you and your family.
3 Apply for citizenship
After selecting and completing your preferred investment option, we will arrange for you to grant power of attorney to our lawyers so that we can start the application for your Turkish citizenship.
4 Receive Turkish Passport
Within two months of applying, you and your family will become Turkish citizens.
Why choose us
The first Turkish citizenship applied for and received by us was fifteen years ago, long before anyone else was offering this service in Turkey.
This sector is internationally known as “Investment Migration”. The investment part comes first followed by the more complex migration aspect. We guide you through the whole process. Beware of bad actors who are only interested in your investment and abandon you when it comes to the migration process.
Terms and Conditions
How to Qualify for the Turkish Citizenship by Investment Program
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Purchase a real estate asset with a minimum amount of $400.000 USD (or Turkish Lira equivalent) free of charges and encumbrances, and hold onto it for at least 3 years
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The Investor can buy more than 1 property, provided that the minimum amount of $400,000 (or Turkish Lira equivalent) is invested
Specific Requirements for Real Estate Investments:
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Investment of $400.000 USD (or Turkish Lira equivalent) in a real estate property free of charges and encumbrances on the condition that it is not sold for three years
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Requirement of a valuation report which needs to be accepted by the Capital Market Board
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Land Registry Certificate showing the complete ownership of the property or properties
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A valid private purchase contract from the developer
General Requirements for the investor:
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Not having entered or stayed illegally in Turkey
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Be at least 18 years old
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No criminal record in Turkey, or in any country the investor has resided in over the past year
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Not selling the property for at least 3 years
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Pay the taxes and costs for the citizenship process
Property Transaction Fees:
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Title Deed Transfer – 4% of purchase price (Split between buyer and seller)
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VAT – 1 to 18% (Currently, you can apply as a foreign investor for VAT exemption, but this is a very complicated process and our lawyers are one of the few successfully qualifying this for our clients.)
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Legal Fees – 1% of property purchase price + 18% VAT
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Miscellaneous Extras (Land Registry, Power of Attorney, Notary & Translation, Maps Approval) ‐ $1000 approx.
Application & Processing Costs:
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Notary & Translation Fees ‐ $1,000 USD – For single applicant ($250 per extra applicant)
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Application Fee ‐ $400 USD
Required Document List:
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Birth certificates of each applicant
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Passports of each applicant
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Proof of residence (Recent utility statement)
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12 Biometric passport photos of each applicant
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Marriage certificate (if applicable)
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Death or divorce certificate of spouse (if applicable)
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Police report from country of residency showing clean record
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Proof of Health Insurance (valid in Turkey) *
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Proof of Transfer of $400,000 USD into a Turkish bank account or lawyer’s client account*
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Turkish Tax ID Number*
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Application Forms*
* Turkey and our legal team will assist clients with these documents once POA has been provided.