Turkish citizenship by investment program
“Sell Property Turkey” in Istanbul, Alanya, North Cyprus cities, guide you on Turkish Citizenship by Investment or Residency by Investment Programs.
We have a Turkish immigration and residency experience. We understand each of our clients’ specific requirements, compelling needs and provide advice accordingly, in line with the Turkish immigration law. We can thoroughly advise you to obtain Turkish Citizenships by Investment together with your family members.
We advise thoroughly on Turkish Citizenship by Investment application, and conduct and follow up all the necessary steps very diligently for all our clients including bank account openings, property review and property sale transactions, and other compelling tasks in Turkey. We are pleased to offer our advice to our Clients for them to obtain Turkish citizenship by investment in 2020.
The value of the property will be determined by an official valuation survey done by the authorities that are announced by the Banking Supervision Board. The value of the property must be at least $250,000 in the valuation report.
The Property purchase price must be paid to the seller via bank transfer to be supported by bank receipts that prove the transaction is made from the buyer’s account to the seller’s account.
Any such property within this scope must not be registered under and foreign real person’s name including the applicant’s spouse or children; properties that have been transferred by the Applicant’s spouse or children after 12.01.2017 are not within the scope of the regulation.
In case the property is purchased with a mortgage loan or is subject to mortgage by any means, the mortgage value will be deducted from the value stated in the valuation survey and the remaining amount will be taken into consideration.
The application will be sent to the Ministry of Internal Affairs, General Directorate of Population and Citizenship Affairs, Directorate of Foreigners Department, through the Ministry of Environment and Urbanization, Land Registry Office.
Turkish Citizenship by Investment Program Rules
In line with the new regulations in Turkish immigration law on 18th September 2018, foreign persons who would satisfy one of the below mentioned investment requirements are able to obtain Turkish citizenship together with their family members:
A minimum amount of property investment shall be made for $250.000 (or the equal value in Turkish Lira), on the condition to not sell the property within the next 3 years. The minimum investment amount was reduced from $1.000.000 to $250.000.
Deposit $500.000 in cash (or the equal value in Turkish Lira, Euros or other currency) with a condition to keep the monies at least for 3 years in one of the Turkish Banks.
A fixed capital investment shall be made minimum of $500.000 (or the equal value in Turkish Lira’s). This investment shall be confirmed by the Turkish Ministry of Industry and Technology.
Turkish Citizenship could be obtained with the purchase of Turkish Government Bonds and Bills of $500.000 on the condition to hold them for at least 3 years. This investment shall be confirmed by the Ministry of Treasury and Finance of Turkey.
It is also possible to acquire Turkish Citizenship by making an investment into a Turkish real estate, or alternatively with purchasing the shares of a Turkish Venture Capital Investment Fund with a minimum amount of $500.000.
This means it is possible to obtain Turkish Citizenship by Investment for the Investor (Main Applicant) as well as for family members: spouse (wife/husband) and children below 18 years old with proceeding with one of the above mentioned investment options.
Turkish citizenship by investment process at a glance:
•Obtaining new Turkish Tax ID Numbers (Original Passport and Photos are required)
•Opening a new Bank Account in Turkey (Passport Original and Tax Registration Number & an official document (such as Public Utility Bill) shows your current address is required)
•Identifying the Investment Property with our Real Estate Team
•Issuance of the POA (Power of Attorney)
•Finding the Property (total value of $250,000 or equivalent Turkish Lira- single or multiple units)
•Depositing the Investment Amounts
•Finalizing the sale, registration of the property
•Preparation of the Required Documents (use bank transfer and document the transaction by receipt)
• Request, Provide Official Valuation Survey
•Obtaining the Certificate of Conformity
•Submit the Bank Transfer Receipt
•Obtaining Turkish PR (Short-term Turkish Residency Permit)
•Submitting Turkish Citizenship Applications
•Submitting Fingerprints (bio-metrics)
•Apply to Ministry of Environment and Urbanization
•Apply to Directorate General of Migration Management
•Collection of new Turkish ID Cards & 10 Year Valid Turkish Passports.
• Birth Certificate
• Certificate of Residence
• Vital Record that shows all family members as the husband, wife and children, Marriage Certificate, Divorce Certificate.
• If the applicant is widowed, Spouse’s Death Certificate
• Health Insurance
• 12 Bio-metrics Photos taken on white background
• Original and Notarized Turkish translation of these documents
• Power of Attorney
• Application forms
More to know about the Turkish citizenship application process:
•Without any country restraint, anyone who purchase at least $250.000 worth of real estate can become a Turkish citizen
•Not only housing but you can also earn the right to be a Turkish citizen by purchasing different kinds of real estate such as an office, a store or an estate.
•Turkish citizenship can be earned through the purchase of not just one specific real estate worth of $250.000, but also multiple properties that make up at least the same amount when combined.
•Turkish citizenship process, finalizes within 30 days from the day of application. Furthermore, temporary residence permission is given to the real estate purchaser and their family members.
•Along with the real estate purchaser, their spouse and kids under the age of 18 also get the right to be a Turkish citizen. For children past the age of 18, they’re not given citizenship unless they’re disabled and in need of constant care.
Once after the investment is completed, and post-investment works are duly done, then the acquisition of official Turkish Citizenship status takes formally around 3-4 months at the most. This would be followed by the issuance of new Turkish ID Cards and Turkish Passports for all family members within 1 week only.
Benefits of Turkey Citizenship Program & Turkish Passport
Best Country for Your Family
•Turkish citizenship granted to all family members following submission of the documents and quick background check
•Free Education and University Reimbursement Plans are provided, Turkey has effective and high-level education institutions
•Full Free Medical assistance for life for all family members in Turkish State Hospitals including Corona Virus, cancer treatment
•Turkey is one of the most cost-effective country to live in
•Turkish Passport delivered quickly within 3-6 months only
•Turkish passport has 10 year validity and is renewable for life
•New Turkey Identity Cards are also included
•Turkey has many trade agreements enabling various priorities for investors
•You can take advantage of Customs Union Agreement between EU and Turkey
•Benefit from the 20% drop in estate prices
•Turkey’s real estate market had a 20% increase in the transactions in 2019
•No need to declare your wealth and source of investment for application
•Turkish passport allows you to travel to more than 116 countries
•List includes Japan, South Korea, Singapore major countries in Asia and South America
•Visa-free countries list is growing constantly
•It’s easy to get visas with Turkish passport
•US E2 Treaty Country; Easy to obtain US Residency after obtaining Turkish Citizenship
•Ownership of one of the Top Passports in the World
•Turkey is a democratic and reliable country
•No requirements to dwell in Turkey
•Double citizenship is allowed in Turkey
•Turkish citizenship open to most nationalities
•Turkey allows Dual & Multiple Citizenship.
•No Military Service required for TCBI Applicants
Travel without a Visa
Which countries can Turkish citizens visit without a visa?
43 Countries you may travel without a visa with your country’s passport
116 Countries you can travel visa-free with Turkish Citizenship Passport in total
The list of the Visa-Free countries you can travel with Turkish Passport
|Antigua and Barbuda|
Saint Kitts and Nevis
Saint Vincent and Grenadines
Trinidad and Tobago
São Tomé and Príncipe
NOTE : Visa on arrival
The list of countries is subject to variations depending on each government’s policy and so is access to these countries.
Regarding additional residence permit and citizenship application processes, “Sell Property Turkey” will support all customers in every step of the way, executing and tracking the procedures for them.