Since its launch in 2017, the Turkish Citizenship by Investment Program has become a premier gateway for global investors seeking a strategic second nationality. Located at the crossroads of Europe and Asia, Turkey offers not only a rich cultural heritage and vibrant economy but also a unique transcontinental advantage.
At Akkas & Associates Law Firm, Istanbul’s leading full-service legal team since 1992, we specialize in guiding investors through every step of this lucrative and streamlined citizenship pathway.
Table of Contents
- Why Choose Turkish Citizenship by Investment?
- Investment Options for Turkish Citizenship in 2025
- The Application Process: A Step-by-Step Guide
- Recent Program Updates and Future Outlook
- How can I Ensure my Real Estate Investment Qualifies for Citizenship Benefits?
- Benefits of Partnering with Akkas & Associates
- Contact us for Turkish Citizenship by Investment Program
In an increasingly interconnected world, the pursuit of global mobility, strategic business opportunities, and an enhanced quality of life has become paramount for discerning individuals and families.
Turkey, with its unique geopolitical position bridging Europe and Asia, a vibrant culture, and a burgeoning economy, stands out as a compelling destination for those seeking a second citizenship. The Turkish Citizenship by Investment (TCBI) program offers a streamlined and attractive pathway to achieving these aspirations.
Why Choose Turkish Citizenship by Investment?
Turkey’s program grants investors and their families full citizenship by making qualifying investments, with benefits that extend far beyond the passport itself:
- Visa-free or visa-on-arrival access to over 110 countries, including Japan, Singapore, and Hong Kong, enhancing global mobility.
- Full citizenship for the investor’s spouse, children under 18, and disabled dependents, ensuring family security and opportunities.
- Eligibility for the U.S. E-2 Investor Visa after three years of residence, opening doors to North American markets.
- Access to a stable, growing economy that bridges Europe, Asia, and the Middle East, with a mild Mediterranean climate and high living standards.
- No residency requirement during or after the application process, offering flexibility for busy investors.
Investment Options for Turkish Citizenship in 2025
The Turkish Citizenship by Investment program offers several avenues for foreign investors to qualify, each designed to cater to different investment preferences. The most popular and straightforward option remains real estate acquisition.
As of 2025, the primary investment thresholds are:
Real Estate Purchase
Real Estate Purchase: This is the most sought-after route. An applicant must purchase real estate with a minimum value of $400,000 USD. This can be a single property or multiple properties, provided the total value meets the threshold. Crucially, the purchased property must be held for a minimum of three years from the date of acquisition. It’s imperative that the property’s value is confirmed by a government-approved valuation report, and funds are transferred through a Turkish bank.
Capital Investment:
- Bank Deposit: Deposit a minimum of $500,000 USD (or its equivalent in Turkish Lira or other foreign currency) into a Turkish bank account. The deposit must be held for a minimum of three years and confirmed by the Banking Regulation and Supervision Agency (BRSA). Investors can benefit from interest or profit shares during this period.
- Government Bonds: Purchase government bonds with a minimum value of $500,000 USD, with a commitment to hold them for at least three years. This investment must be confirmed by the Ministry of Treasury and Finance.
- Investment Fund Shares: Invest a minimum of $500,000 USD in real estate investment fund shares or venture capital investment fund shares, with a commitment to hold them for at least three years. This is confirmed by the Capital Markets Board of Turkey.
Job Creation
Job Creation: Create employment for at least 50 Turkish citizens. This investment must be certified by the Ministry of Family, Labor and Social Services. This option often involves establishing or investing in a business that significantly contributes to the Turkish economy through job creation. For those considering this path, our expertise in corporate law in Turkey can be invaluable.
It is crucial for all investment options that funds are legally sourced and transferred through the Turkish banking system.
Turkish Citizenship Investment Options Table
Applicants must meet one of the following investment thresholds, all requiring a minimum holding period of three years:
| Investment Type | Minimum Amount (USD) | Key Details |
|---|---|---|
| Real Estate Purchase | $400,000 | Residential or commercial property; must be held for 3 years with a non-sale annotation. |
| Fixed Capital Investment | $500,000 | Investment in Turkish companies or fixed capital projects. |
| Bank Deposit | $500,000 | Deposit in a Turkish bank, converted to Turkish Lira, held for 3 years. |
Important Considerations and Recent Updates
- Property Valuation and Compliance: The Turkish government now requires SPK-licensed valuation reports for real estate investments, ensuring transparency and fair market value assessments.
- Currency Conversion Rules: Bank deposits must be converted into Turkish Lira, and funds must remain invested for three years to maintain eligibility.
- Enhanced Security Checks: Background checks include criminal record reviews and source-of-funds verification by Turkish intelligence and immigration authorities.
- No Mandatory Residency: Investors are not required to live in Turkey during or after the citizenship process, making it ideal for global citizens.
The Application Process: A Step-by-Step Guide
While the Turkish Citizenship by Investment program is designed to be efficient, navigating the legal and bureaucratic steps requires meticulous attention to detail. Here’s a general overview of the application process:
- Initial Consultation and Strategy: The first step involves a comprehensive consultation with a reputable law firm like Akkas & Associates. We will assess your eligibility, discuss the most suitable investment option based on your goals, and outline the entire process, including required documents and timelines.
- Investment Execution: Once an investment option is chosen, the next step is to execute the investment. This involves purchasing the property, making the bank deposit, or initiating the job creation process, ensuring all legal and financial requirements are met. For real estate, this includes obtaining a property valuation report and transferring funds.
- Obtaining a Certificate of Conformity: After the investment is made, a Certificate of Conformity must be obtained from the relevant government authority (e.g., General Directorate of Land Registry and Cadastre for real estate, BRSA for bank deposits, or Ministry of Family, Labor and Social Services for job creation). This certificate confirms that the investment meets the TCBI program requirements.
- Application for Residence Permit: Prior to the citizenship application, a short-term investor residence permit is typically obtained. This allows the applicant and their family to reside in Turkey while the citizenship application is being processed.
- Submission of Citizenship Application: With the Certificate of Conformity and all supporting documents (including passports, birth certificates, marital status certificates, clean criminal records, and biometric photos), the citizenship application is submitted to the General Directorate of Population and Citizenship Affairs.
- Background Checks and Review: The Turkish government conducts thorough due diligence and background checks on all applicants to ensure national security and public order considerations are met.
- Citizenship Approval and Passport Issuance: Upon successful completion of the review and approval by the Presidency of the Republic of Turkey, the citizenship is granted. Subsequently, applicants can apply for their Turkish identity cards and passports at the relevant provincial directorates or Turkish consulates abroad. The entire process, from investment to passport issuance, typically takes between 3 to 6 months.
Recent Program Updates and Future Outlook
The Turkish government regularly evaluates and adjusts the citizenship program based on economic conditions and policy objectives. Recent changes include investment threshold reductions and streamlined processing procedures, reflecting the government’s commitment to maintaining program attractiveness while ensuring economic benefits.
According to the Turkish Ministry of Interior, over 50,000 individuals have obtained Turkish citizenship through investment since the program’s inception, contributing billions in foreign investment to Turkey’s economy. This success demonstrates the program’s mutual benefits for investors and Turkey’s development goals.
Industry experts predict continued program evolution, potentially including new investment categories, adjusted thresholds, and enhanced processing efficiency. The OECD’s recent report on investment migration highlights Turkey’s program as a model for balancing investor attraction with national interests.
How can I Ensure my Real Estate Investment Qualifies for Citizenship Benefits?
To ensure your real estate investment qualifies for Turkish citizenship benefits, you must carefully follow the legal and procedural requirements specific to Turkey’s Citizenship by Investment Program:
- Meet the minimum investment threshold: Purchase real estate property or properties with a total value of at least $400,000. This can include residential, commercial, or a combination of both types of properties.
- Conduct thorough due diligence: Verify that the property is free from any legal encumbrances, liens, or disputes. This includes checking title deeds and ensuring the property complies with all Turkish real estate laws.
- Obtain official valuation and documentation: The government requires an SPK-licensed valuation report confirming the property’s market value meets the minimum investment amount. This valuation is critical for the citizenship application.
- Complete the purchase properly: Sign a legally binding sales contract and transfer funds through official banking channels to the seller’s account. Keep all transaction records as proof of investment.
- Hold the property for at least 3 years: Turkish law mandates that the investment must be maintained for a minimum of three years without selling or transferring ownership to maintain eligibility for citizenship.
- Submit a complete citizenship application: After the purchase, submit all necessary documents—including property title deeds, valuation reports, purchase contracts, and proof of payment—to the Ministry of Interior along with your citizenship application.
- Work with experienced legal professionals: Partnering with a law firm specializing in Turkish citizenship and real estate law, such as Akkas & Associates, can help you navigate complex legal requirements, avoid pitfalls, and ensure your investment fully complies with program rules.
By following these steps meticulously, you can secure your real estate investment’s eligibility for Turkish citizenship benefits and enjoy the advantages of a Turkish passport.
Benefits of Partnering with Akkas & Associates
Choosing the right legal partner is paramount for a seamless and successful Turkish Citizenship by Investment application. Akkas & Associates Law Firm offers:
- Decades of Experience: Since 1992, we have built a reputation for excellence, providing legal services across a wide spectrum of areas, including immigration and citizenship law. Our extensive experience means we understand every nuance of the TCBI program.
- Full-Service Legal Support: We offer end-to-end support, from initial consultation and investment guidance to document preparation, application submission, and follow-up. This includes liaising with relevant government agencies, ensuring your application progresses efficiently.
- Personalized Approach: We recognize that each client’s situation is unique. Our team provides tailored advice and solutions, ensuring your application strategy aligns perfectly with your individual and family objectives.
- Due Diligence and Compliance: We conduct rigorous due diligence on investment opportunities and ensure strict adherence to all Turkish legal requirements. Our proactive approach minimizes potential risks and ensures a compliant and smooth application process.
- Proven Track Record: Our firm has a strong track record of successfully assisting numerous international clients in obtaining Turkish citizenship, earning their trust through our professionalism and dedication.
Contact us for Turkish Citizenship by Investment Program
The Turkish Citizenship by Investment Program presents an unparalleled opportunity for investors and their families to secure a future of enhanced global mobility, economic opportunity, and a high quality of life.
The Turkish Citizenship by Investment Program offers an unparalleled opportunity to secure a second nationality in a country that uniquely blends economic potential, cultural richness, and geopolitical significance. With a minimum investment starting at $400,000, investors gain access to a world-class passport, a thriving real estate market, and a gateway between continents.
At Akkas & Associates Law Firm, we combine decades of legal expertise with personalized service to ensure your citizenship journey is efficient, compliant, and successful. Contact us today to begin your path to Turkish citizenship and unlock a world of possibilities for you and your family.
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