Türkiye

Citizenship By Investment

Türkiye Citizenship by Investment | NTL Licensed Agent

Türkiye Citizenship by Investment

Government-Licensed Advisory by NTL

Programme Highlights

  • Minimum Investment: USD 400,000 (Real Estate) or USD 500,000 (Other Investment Routes)
  • E-2 Visa Access: Turkish citizens eligible for US E-2 Treaty Investor Visa after 3-year domicile in Türkiye
  • Family Inclusion: Spouse and children under 18 eligible (spouse requires residence permit)
  • No Minimum Residency: No mandatory residence requirement during application process
  • Dual Citizenship: Permitted under Turkish Citizenship Law Article 44
  • Processing Time: 3 to 6 months from complete application submission
  • Holding Period: 3-year mandatory holding period for all investments

About Türkiye

Türkiye is a transcontinental republic bridging Europe and Asia, with territory on both continents. As the successor state to the Ottoman Empire, Türkiye is a member of NATO, the OECD, the G20, and maintains customs union status with the European Union. The country occupies a position of significant geostrategic importance at the crossroads of Europe, Western Asia, and the Middle East.

Location

Southeastern Europe and Western Asia, bordering the Black Sea, Mediterranean Sea, and Aegean Sea

Area

783,356 square kilometers (302,455 square miles)

Population

Approximately 85 million

Capital

Ankara

Largest City

Istanbul

Official Language

Turkish

Currency

Turkish Lira (TRY)

GDP Growth (2024)

1.7% quarterly (fastest-growing G20 economy)

Investment Options

The Türkiye Citizenship by Investment Programme offers seven qualifying investment routes established under Article 12 of Law No. 5901 and Presidential Decree No. 106:

Real Estate Investment

USD 400,000

Purchase of real property in Türkiye with title deed restriction preventing resale for three years.

Key Terms:

  • Minimum Value: USD 400,000 or Turkish Lira equivalent
  • Holding Period: 3 years from citizenship grant (cannot be sold to CBI applicants during this period)
  • Title Deed Annotation: Mandatory 3-year no-sale restriction recorded on title deed
  • Multiple Properties: Multiple properties can be combined to reach USD 400,000 threshold
  • Valuation: Property value verified through official appraisal and TAKBIS cadastral system
  • Payment: Must be completed through Turkish banking system with foreign exchange documentation
  • Shared Ownership: Property must be fully owned by investor (co-ownership with non-qualifying parties not permitted)

Attestation Authority:

Ministry of Environment, Urbanization and Climate Change

Bank Deposit

USD 500,000

Deposit in banks operating in Türkiye with mandatory 3-year holding period.

Key Terms:

  • Minimum Deposit: USD 500,000 or Turkish Lira equivalent
  • Holding Period: 3 years (funds cannot be withdrawn)
  • Currency: May be deposited in USD or converted to Turkish Lira
  • Banking Institutions: Deposit must be held in banks licensed and operating in Türkiye
  • Account Type: Standard deposit accounts (term deposit or savings)

Note on YUVAM Accounts:

Programme Change (Effective 2025):

YUVAM currency-protected accounts are no longer available for new citizenship applications as of 2025. The standard USD 500,000 bank deposit option remains available.

Attestation Authority:

Banking Regulation and Supervision Agency (BRSA)

Government Bonds

USD 500,000

Purchase of government debt instruments issued by the Republic of Türkiye.

Key Terms:

  • Minimum Investment: USD 500,000 or Turkish Lira equivalent
  • Holding Period: 3 years (bonds cannot be sold)
  • Eligible Securities: Government bonds and treasury bills issued by the Republic of Türkiye
  • Purchase Method: Through licensed financial institutions in Türkiye

Attestation Authority:

Ministry of Treasury and Finance

Fixed Capital Investment

USD 500,000

Direct capital contribution to Turkish enterprise or establishment of new business.

Key Terms:

  • Minimum Investment: USD 500,000 fixed capital investment
  • Holding Period: 3 years
  • Investment Type: Capital contribution to existing company or new business establishment
  • Documentation: Capital registration and investment attestation required

Attestation Authority:

Ministry of Industry and Technology

Real Estate or Venture Capital Funds

USD 500,000

Investment in government-approved real estate investment funds or venture capital investment funds.

Key Terms:

  • Minimum Investment: USD 500,000 in fund shares
  • Holding Period: 3 years (shares cannot be sold)
  • Eligible Funds: Real estate investment funds (REIFs) or venture capital investment funds licensed in Türkiye

Attestation Authority:

Capital Markets Board of Türkiye (CMBT)

Private Pension System

USD 500,000

Contribution to private pension funds approved by Turkish regulatory authorities.

Key Terms:

  • Minimum Contribution: USD 500,000
  • Holding Period: 3 years within private pension system
  • Eligible Funds: Pension funds determined by regulatory authority

Attestation Authority:

Insurance and Private Pension Regulation and Supervision Agency

Job Creation

50 Employees

Employment creation through business establishment or investment in Turkish enterprise.

Key Terms:

  • Minimum Employment: 50 full-time Turkish employees
  • Employment Duration: Positions must be maintained for 3 years
  • Documentation: Social security registration and employment verification required
  • Business Ownership: Investor must own or partner in the employing enterprise

Attestation Authority:

Ministry of Family, Labour and Social Services

Important Investment Requirements

Universal Requirements for All Investment Routes:
  • 3-Year Holding Period: All investments must be maintained for 3 years after citizenship grant
  • Currency Conversion: Investments may be made in USD or converted to Turkish Lira at prevailing exchange rates
  • Exchange Rate Risk: Applicants bear currency fluctuation risk when converting to Turkish Lira
  • Banking System: All financial transactions must be processed through Turkish banking system
  • Documentation: Complete attestation from relevant government authority required for each investment type
  • Revocation Risk: Early withdrawal or sale of investment may result in citizenship revocation

Eligibility Requirements

Main Applicant Criteria

Requirement Criteria
Age Minimum 18 years old
Health Good health, no communicable diseases (medical certificate required)
Financial Capacity Sufficient legal funds to complete qualifying investment
Criminal Record Clean criminal record (certified criminal record certificate required)
Security Clearance No national security or public order concerns
Physical Presence Must be physically present in Türkiye for biometric collection (effective 2024)

Eligible Dependents

Spouse

Legally married spouse of main applicant (marriage certificate required)
New Requirement (2024): Spouse must obtain residence permit and provide biometrics

Children (Under 18)

Biological or adopted children below 18 years of age

Children with Disabilities

Children of any age who are living with disabilities and dependent on main applicant

Family Inclusion Limitations:
  • Parents and Grandparents: NOT eligible for inclusion
  • Adult Children (18+): NOT eligible unless they have disabilities
  • Siblings: NOT eligible for inclusion
  • Independent Applications: Financially independent adult children may apply separately as main applicants if they meet investment requirements

Restricted Nationalities

Ineligible Nationalities:

Citizens of the following countries are not eligible to participate in the programme:

  • Armenia
  • Cuba
  • Nigeria
  • North Korea
  • Syria

Note: Eligibility restrictions are subject to change by government decision.

Programme Benefits

Citizenship Advantages

Dual Citizenship

Permitted under Article 44 of Turkish Citizenship Law. No requirement to renounce existing citizenship.

Family Inclusion

Spouse and children under 18 included in single application at no additional investment cost.

Generational Transfer

Turkish citizenship passes to future generations and new spouses.

No Residency Requirement

No mandatory minimum stay requirement during application process or after citizenship grant.

Strategic Location

Access to markets in Europe, Asia, and the Middle East through transcontinental position.

Business Opportunities

Right to establish and operate businesses in Türkiye with full ownership rights.

Education Access

Access to Turkish universities and education system at domestic tuition rates.

Healthcare System

Access to Turkish healthcare system and social security benefits.

US E-2 Treaty Investor Visa

E-2 Visa Treaty Country:

Türkiye maintains an E-2 Treaty with the United States, enabling Turkish citizens to apply for E-2 Treaty Investor Visas.

E-2 Visa Overview:

  • Domicile Requirement: Turkish citizenship holders must establish domicile in Türkiye for three years before applying for E-2 visa
  • Investment: Substantial investment in a U.S. business (typically minimum USD 100,000, amount varies by business type and U.S. Consulate)
  • Validity: Initial validity of 2 to 5 years depending on reciprocity agreement
  • Renewability: Renewable indefinitely in 5-year increments as long as business remains operational
  • Family: Spouse may obtain work authorization in U.S.; unmarried children under 21 may accompany
  • Visa Type: Non-immigrant (does not directly lead to green card or permanent residence)

Note: E-2 visa applications are adjudicated by U.S. Department of State. Approval depends on business plan viability and investment qualifications. Some U.S. Consulates verify domicile history when assessing E-2 applications.

Global Mobility

Turkish passport holders have visa-free, visa-on-arrival, or electronic visa access to over 110 destinations worldwide, including:

  • Asia: Japan, South Korea, Thailand, Philippines, Hong Kong, Singapore, Malaysia
  • Americas: Argentina, Brazil, Chile, Colombia, Ecuador, Venezuela
  • Europe: Kosovo, Ukraine, Serbia, Montenegro, Albania (Schengen visas available for 5-year validity)
  • Middle East: Qatar, Jordan, Lebanon

Schengen Visa Access: Turkish citizens may obtain multiple-entry Schengen visas with validity up to 5 years, facilitating travel to 27 European countries.

US Tourist Visa: Turkish passport holders eligible for US B1/B2 tourist visas with validity up to 10 years.

Application Process

Professional Representation Recommended:

While direct applications are theoretically possible, the complexity of Turkish administrative procedures, language requirements, and multi-agency coordination strongly favor engagement of licensed legal advisors. NTL provides comprehensive application support with licensed Turkish legal counsel.

Process Timeline

1

Preliminary Assessment

Eligibility review, investment route selection, preliminary document collection, and budget analysis for family composition.

2

Residence Permit Application

Apply for short-term investor residence permit pursuant to Article 31(1)(j) of Law No. 6458. Both main applicant and spouse must obtain residence permits (requirement effective 2024).

3

Bank Account Opening

Open bank account in Türkiye for investment fund transfers and financial transactions.

4

Document Preparation

Complete identity documents, obtain certified criminal record certificates, prepare source of funds documentation, obtain medical certificates, and prepare all supporting documentation with certified Turkish translations.

5

Investment Completion

Complete selected investment (real estate purchase, bank deposit, bond purchase, capital investment, fund purchase, or employment creation). Obtain attestation certificate from relevant ministry or regulatory agency.

6

Citizenship Application Submission

Submit complete citizenship application to Ministry of Interior General Directorate of Migration Management. Include residence permit, investment attestation certificate, and all supporting documentation.

7

Biometric Collection

Main applicant and spouse must be physically present in Türkiye to provide fingerprints and biometric photographs (mandatory requirement effective 2024). Children under 18 exempt from personal attendance.

8

Due Diligence and Review

Government conducts security clearance, criminal background verification, and financial source of funds review. Interview may be requested (representative may attend with adequate power of attorney in most cases).

9

Presidential Decision

Citizenship applications approved by Presidential decree pursuant to Article 12 of Law No. 5901.

10

Citizenship Certificate Issuance

Citizenship decision published in Official Gazette. Citizenship certificate (vatandaşlık belgesi) issued to approved applicants.

11

National ID and Passport Application

Apply for Turkish national identity card (kimlik kartı) and passport. Documents can be collected in Türkiye or at Turkish Embassy/Consulate.

Processing Timeline:

Applications typically processed within 3 to 6 months from complete submission. Actual timelines vary based on application complexity, completeness of documentation, due diligence requirements, and current processing volumes.

Required Documents

Identity Documents

  • Valid passport (certified copy)
  • Birth certificate for all applicants
  • Biometric passport photographs (recent, white background)
  • National identity card (if applicable)

Civil Status Documents

  • Marriage certificate (for spouse inclusion)
  • Divorce decree or death certificate (if previously married)
  • Birth certificates for dependent children
  • Adoption certificates (if applicable)
  • Notarized consent from other parent (for children from previous marriages)

Criminal Record

  • Certified criminal record certificate from country of citizenship
  • Criminal record certificate from country of residence (if different from citizenship)
  • Turkish criminal record certificate (if applicant has resided in Türkiye)
  • All certificates must be apostilled or legalized and translated into Turkish

Financial Documents

  • Bank statements demonstrating source of investment funds
  • Evidence of legal source of funds (employment income, business ownership, inheritance, asset sales, etc.)
  • Bank reference letters
  • Business ownership documentation (if applicable)
  • Tax returns or tax clearance certificates
  • Foreign Exchange Purchase Certificate (for real estate investments)

Investment Documentation

  • Investment attestation certificate from relevant government authority (Ministry or regulatory agency)
  • Real Estate: Title deed (tapu) with 3-year restriction annotation, property valuation report, purchase contract
  • Bank Deposit: Bank deposit certificate with 3-year restriction clause
  • Government Bonds: Bond purchase documentation from licensed financial institution
  • Capital Investment: Capital registration certificate from Ministry of Industry and Technology
  • Investment Funds: Fund share certificates from licensed fund manager
  • Pension System: Pension contribution certificate from licensed pension company
  • Employment: Social security registration for 50+ employees, employment contracts

Residence Permit

  • Short-term investor residence permit (ikamet) pursuant to Article 31(1)(j) of Law No. 6458
  • Required for both main applicant and spouse (effective 2024)

Health Documents

  • Medical examination report from approved Turkish hospital or health center
  • Confirmation of no communicable diseases

Translation Requirement: All documents must be officially translated into Turkish by certified translators and notarized. Apostille or consular legalization required for documents issued outside Türkiye.

Post-Approval Considerations

Investment Holding Period

Mandatory 3-Year Holding Period:

All qualifying investments must be maintained for a minimum of 3 years from the date of citizenship grant. Early withdrawal, sale, or disposal of the investment may result in revocation of citizenship status.

Specific Requirements by Investment Type:

  • Real Estate: Cannot be sold for 3 years. Title deed restriction lifted after 3-year period.
  • Bank Deposit: Funds cannot be withdrawn for 3 years
  • Government Bonds: Bonds cannot be sold for 3 years
  • Capital Investment: Investment must remain registered for 3 years
  • Investment Funds: Fund shares cannot be sold for 3 years
  • Pension System: Contribution must remain in system for 3 years
  • Employment: 50+ employee positions must be maintained for 3 years

Taxation Considerations

Tax Residency: Turkish citizens who are not resident in Türkiye are taxed only on Turkish-sourced income. Tax residents are taxed on worldwide income.

Gift and Inheritance Tax: Turkish citizenship subjects worldwide assets to Turkish gift and inheritance tax. Professional tax advice recommended.

Double Taxation Treaties: Türkiye maintains double taxation treaties with over 80 countries, providing relief from double taxation on income.

National Service

Turkish male citizens between ages 20-41 are subject to military service obligations. Citizenship by investment participants should consult legal advisors regarding national service exemptions, postponements, or paid exemption options that may be available.

Programme Changes

The Türkiye Citizenship by Investment Programme operates under Law No. 5901 and Presidential Decree, both of which are subject to amendment. Investment thresholds, eligible investment categories, procedural requirements, and programme terms may change by government decision.

Recent Programme Modifications:

  • May 2022: Investment thresholds increased (real estate from USD 250,000 to USD 400,000; other routes from variable amounts to USD 500,000)
  • January 2024: Mandatory physical presence and biometric requirements introduced; spouse residence permit requirement added
  • 2025: YUVAM currency-protected account option discontinued

NTL: Licensed Advisory Services

NTL provides comprehensive advisory services for Türkiye's Citizenship by Investment Programme with licensed Turkish legal counsel and extensive regulatory experience.

Our Advisory Services

1

Eligibility Assessment

Comprehensive review of applicant eligibility, nationality restrictions, and programme suitability.

2

Investment Route Advisory

Analysis of seven investment routes with consideration of liquidity, currency risk, holding period, and investor objectives.

3

Source of Funds Documentation

Guidance on preparing compliant financial documentation demonstrating legal source of investment funds.

4

Residence Permit Processing

Application and processing of investor residence permits for main applicant and spouse.

5

Investment Execution

Coordination of real estate transactions, bank account opening, fund transfers, and investment completion with Turkish banking system and regulatory compliance.

6

Attestation Certificate Procurement

Liaison with relevant ministry or regulatory agency to obtain investment attestation certificate required for citizenship application.

7

Document Preparation and Translation

Complete document validation, certified Turkish translation, apostille/legalization coordination.

8

Citizenship Application Filing

Application preparation and submission to General Directorate of Migration Management with ongoing liaison.

9

Biometric Coordination

Scheduling and coordination of physical attendance in Türkiye for biometric collection by main applicant and spouse.

10

Passport and ID Procurement

Application processing for Turkish national identity card and passport following citizenship grant.

Compliance Standards

NTL operates in strict accordance with Turkish regulatory requirements, maintaining the highest standards of:

Legal Compliance

All services provided in accordance with Law No. 5901, Presidential Decree No. 106, and applicable regulations.

Due Diligence

Comprehensive source of funds verification and background assessment prior to engagement.

Licensed Counsel

Partnership with licensed Turkish legal practitioners with expertise in citizenship and immigration law.

Transparent Fees

Clear, written fee agreements with no undisclosed costs or charges.

Request Your Eligibility Assessment

Contact NTL for a confidential consultation on Türkiye's Citizenship by Investment Programme. Our licensed advisors will assess your eligibility, explain investment options, and outline the application process.

Frequently Asked Questions

What is the minimum investment for Türkiye citizenship?

The minimum investment is USD 400,000 for real estate purchase with a 3-year holding period, or USD 500,000 for other investment routes including bank deposits, government bonds, capital investment, investment funds, or pension system contributions.

Can Turkish citizens apply for US E-2 visa?

Yes. Turkish citizens can apply for E-2 Treaty Investor Visas after establishing domicile in Türkiye for three years. Türkiye maintains an E-2 visa treaty with the United States enabling Turkish citizens to apply for this visa category.

How long does the application process take?

Applications are typically processed within 3 to 6 months from complete submission. Actual timelines vary based on application complexity, due diligence requirements, and current processing volumes at the General Directorate of Migration Management.

Does Türkiye allow dual citizenship?

Yes. Türkiye permits dual and multiple citizenship under Article 44 of the Turkish Citizenship Law. Applicants are not required to renounce their existing citizenship.

Is there a residency requirement?

There is no minimum residency requirement during the application process or after citizenship is granted. However, applicants must obtain investor residence permits and be physically present in Türkiye for biometric collection (requirement effective 2024). For E-2 visa eligibility, a 3-year domicile in Türkiye is required.

Which family members can be included?

Eligible dependents include spouse and children under 18 years of age. Children with disabilities of any age may be included if dependent on main applicant. Parents, adult children (unless disabled), and siblings are NOT eligible. Spouse must obtain residence permit and provide biometrics (requirement effective 2024).

Can I sell my investment after 3 years?

Yes. After maintaining the investment for 3 years from citizenship grant, you may sell real estate, withdraw bank deposits, sell bonds, or liquidate other investments. Early disposal may result in citizenship revocation.

Do I need to speak Turkish?

No. There is no Turkish language requirement for citizenship by investment applications. However, all official documents must be translated into Turkish by certified translators.

What are the recent programme changes?

Recent changes include: (1) Investment thresholds increased in May 2022, (2) Mandatory physical presence in Türkiye for biometric collection effective January 2024, (3) Spouse must obtain residence permit effective 2024, (4) Criminal record certificates required from both citizenship and residence countries, (5) YUVAM currency-protected account option discontinued in 2025.

Can I purchase multiple properties to reach USD 400,000?

Yes. Multiple properties can be combined to reach the USD 400,000 minimum threshold for title deed purchases. However, each property must be registered in the investor's name, and co-ownership with non-qualifying parties is not permitted.

Important Notice

This page provides general information only and does not constitute legal, tax, or investment advice. The Türkiye Citizenship by Investment Programme operates under Law No. 5901 and Presidential Decree No. 106, both of which are subject to amendment. Programme requirements, investment thresholds, fees, and procedures may change by government decision.

Application outcomes are determined by the President of the Republic of Türkiye pursuant to Article 12 of Law No. 5901. NTL provides professional advisory services to support compliant applications but does not guarantee approval, processing timelines, or investment outcomes.

Prospective applicants should consult licensed legal and tax advisors before making investment decisions. Currency conversion to Turkish Lira involves exchange rate risk borne by the applicant.

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