Turkish citizenship is awarded to foreign investors who make certain contributions to the Turkish economy, and the program’s ease of use and flexibility contributed to its increased popularity in 2017. For as low as $400,000, participants may get Turkish citizenship and Turkish nationality for their whole family without having to take any examinations or establish permanent status in Turkey.
Turkish Citizenship: Benefits
Turkey’s Citizenship by Investment (CBI) program has several advantages for investors.
- Visa-Free Travel to Over 120 Countries
Turkish nationals can travel to 120+ countries without a visa or obtain one at the airport, including Japan, Singapore, and South Korea. - 5-Year Schengen Visa
Turkish citizens may apply for an extended Schengen visa C-2, allowing a maximum stay of 90 consecutive days. - E-2 Business Visa for the USA
Turkish nationals are eligible for an E-2 visa. This permits them to buy or establish a small business in America and live there with their families. - Safe Haven
Turkey can be a place of safety for your family during times of emergency, like pandemics or political crises. - Rights to Retain Citizenship
Turkey allows dual nationality, meaning you can retain your current passport while enjoying Turkish citizenship. - Profitable Investment Opportunities
Turkish real estate has experienced consistent growth with prices rising by 15-25% a year. - Citizenship for Family Members
Children under 18 and spouses are automatically entitled to citizenship if the investor applies.
Investment Options
Turkey provides five paths for citizenship. Each has a different investment requirement and unique benefits.
- Real Estate Purchase – $400,000+
- This is the most popular selection.
- Investing in commercial and residential property is possible.
- In recent years, the real estate price in Turkey has been on a steady rise. This makes it an excellent investment.
- After three years, investors may sell the property while maintaining citizenship.
- Business Investment – $500,000+
- You can invest in the equity of a Turkish business.
- Establish a new business to create at least fifty jobs.
- Bank Deposits – Over $500,000
- Deposit funds at a Turkish bank and keep them there for at least three years.
- This time period allows for the accumulation of interest on funds.
- Government Securities – Bonds of $500,000 and Above
- Purchase bonds of the government that are locked in for three years.
- Investment Funds – $500,000 and More
- Invest in the units of a fund that has been approved.
- You can earn passive income throughout the 3-year period of holding.
Why Is Real Estate the Most Popular Choice?
About 95% choose real estate as their investment. Here’s why:
- High Reward: In Turkey, property prices have increased by between 15 and 25% per year.
- Options: Investors can buy apartments, land, or commercial spaces (if the property has a building permit and/or an existing structure).
- Flex
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