Turkish Citizenship by Investment

We can now start advising on obtaining Turkish Citizenship by Investment without your visit required to Turkey at all.

We can open a new bank account remotely in Turkey, and we can also finalize the property transfer sale and/or bank deposit/bond purchases as well as all other related necessary tasks remotely without physical presence in Turkey with an apostilled POA (Power of Attorney) including bank account opening, property sale transfer as well as all further TCBI application procedures.

Yes. To facilitate the property investment for our Clients, we have set a special real estate department working internally with our firm. Once we start working for your citizenship case; our real estate tam will present you several new, luxurious, and high end approved properties available to proceed and in line with the Turkish Citizenship by Investment program rules. We work with financially strong developers only to make sure our clients’ investments will be on the safer side. Our experienced real estate team and lawyers for Turkish citizenship program will make sure all points are duly checked prior making the investment.

We can remotely advise you on the Property Investment Option without any visits required to Turkey at all. We therefore provide real estate/property identification services integrated with our legal services to make sure your investment will be on the safer side as well as to avoid any risks in relation to your Turkish Citizenship by Investment application.

Yes. Turkey has now changed the official name to ‘‘Türkiye’’ as it is in Turkish. United Nations and other international bodies recognized this change recently.

We confirm that Turkey Citizenship by Investment program allows the investors/main applicants to invest into multiple properties/units, provided that the total amounts exceed $400k USD, you can proceed with the ownership of multiple properties.

The property shall essentially meet certain criteria including having a verified expert valuation report in place as well as a building license, and the title deed shall also be ideally clear out of any restrictions on the Title Deed before finalizing the sale transfer. Otherwise it will not be suitable to proceed for Turkish Citizenship.

Yes, it is possible to earn regular interest on the deposited amounts. We can open a new bank account for you in Turkey in -1- Day only. As experienced immigration attorneys and Citizenship lawyers in Istanbul, Turkey, we can also advise you thoroughly on your Turkish citizenship applications through Bank Deposit Option. The monies shall be deposited in TRY (Turkish Lira). And It is possible to earn a regular interest income which is around 15-20% at the moment. Interest earnings can be gained monthly, quarterly, or yearly basis on the total deposited amounts.

Yes, once the Turkish citizenship acquired, it will be valid for life and it would be valid for the next generations, your descendants as well.

If the applicants would prefer to change their names and surnames, they are allowed to do so. Therefore, you can entirely have new Turkish names and surnames as well. However, this shall be done prior to submitting citizenship applications.

No, there is no residency requirement in Turkey either during the application process or after obtaining Turkish citizenship. You can keep living abroad after obtaining Turkey citizenship.

Ideally it is advisable to visit Turkey first for the initial procedures and then secondly once the citizenship is obtained for submission of fingerprints. However, if you are not able to travel to Turkey, we can then advise you remotely on your Turkish Citizenship application without any visits required to Turkey at all, you can obtain your new Turkish passports without visiting Turkey.

It is possible to obtain Turkish citizenship for the Investor (Main Applicant) as well as for all family members: spouse (wife) and children below 18 years old. There is actually no limitation on the total number of family members (applicants). However Children above 18 years old, and Parents cannot be included into the same application.

It would be necessary to make a separate investments for them to obtain the Turkish citizenship or alternatively, you can consider to apply for Turkish Residency Permit (Turkish PR) for the other family members that cannot be included into your application which is subject to different rules than citizenship program.

Turkish citizenship can be acquired through birth from a Turkish citizen father or mother within the union of marriage, regardless of the birth place. Once you become a citizen of Turkey through the Turkish investment program, your future children will automatically acquire Turkey citizenship by birth.

There is no Turkish language knowledge requirement to apply for Turkey’s citizenship by investment program.

Turkey will not tax you for your income abroad. In principle, you would not be liable to pay taxes in Turkey if you would not reside inside Turkey for more than 6 months. Nonetheless, the exemption to this could be if/when you would earn a regular income inside Turkey; for example if you would rent out your investment property, and if/when you are earning rental gains, then you would be subject to pay taxes arising of such income only.

We can provide you further detailed Turkish tax advice, Turkish and international tax optimization, as well as wealth management services according to your specific case and requirements.

As a rule, Turkish Citizenship by Investment Investors (Main Applicants) who are aged over 22 years old are all exempted of military in Turkey. Therefore you will not be liable to exercise military service after you would obtain Turkish Citizenship if you are over 22.

However, male children would be later liable with Turkish military service once after they would be over 18 years old. But with the recent changes made in Turkish law, it is possible to be exempted of military service in Turkey by paying a fee of around $6000 USD to the relevant Turkish Authorities.

Yes. The investment amount as well as the scope of the Turkish Citizenship by Investment Program was laid down in Turkish Official Gazette and introduced back on 18th September 2018. You can review the official website of the Investment Office of the Presidency of the Republic of Turkey for further information.

Under Turkish Citizenship by Investment program rules, you can invest in Turkey and become a Turkish citizen instantly with your family members either by investing in a property in Turkey minimum worth $400,000 USD or alternatively you can also obtain Turkish Citizenship by depositing $500,000 USD in one of the Turkish Banks. It is essential to hold the property for at least 3 years, you can then sell the property without any limitations or restrictions.

The minimum investment amounts for applying to Turkish citizenship is $400,000 USD for property investment and $500,000 USD in Bank Deposit option. By investing such amounts in Turkey, you can become a citizen of Turkey shortly within 3 months only after completion of investment.

It takes around 3-4 months to acquire Turkish Citizenship status officially once after the completion of the investment, and you can also collect your new Turkish Passports and ID Cards immediately after.

With the amendment of Turkish Citizenship Law No 5091, Turkey grants investors Turkish Citizenships by making an eligible investment in Turkey the conditions of which are also stipulated by law.

For the time being, Turkey, Vanuatu, Montenegro as well as Caribbean 5 nations including Antigua, Dominica, Grenada, St Kitts and Nevis, Saint Lucia offers Citizenship by investment Programs (CIP). Please contact us if you would like to have further detailed info on other CIPs.

Pakistan and Turkey enjoy very close relations historically and traditionally. This has made Turkish Citizenship by investment program quite popular among many wealthy Pakistani nationals. Pakistan citizens living in Pakistan or expats abroad can easily apply for and obtain Turkish Citizenship too by making an eligible investment in Turkey under Turkey Citizenship by Investment scheme.

Pakistani investors mostly proceed with the property investment option to apply for Turkey citizenship program in which it is essential to make a property investment in Turkey minimum worth $400,000 USD.

As of June 2022, Russians can still apply for Turkish citizenship program without any restrictions. In fact, Turkey currently stands as the only CIP jurisdiction for Russian nationals to apply.

Yes. Syrians and Taiwanese cannot own a property in Turkey and therefore cannot apply through property route, however they can apply with bank Deposit option. North Korean citizens are banned from program.

Nigerians can apply to Turkey’s citizenship program. By visiting the Turkish Consulate in Abidjan? They can issue a PoA to start procedures.

Turkish Passport is currently ranked as the 51st in the Global Passport Ranking of Henley Passport Index which relies on global IATA datas. Turkish passport currently allows visa-free travel to 111 countries globally*. Please see the list of visa–free travel countries with Turkish passport.

You can obtain a permanent residency permit in Turkey (Turkish PR) either by making a property investment of $200,000 USD in Turkey or by setting up a new company in Turkey.

It is required to have a Residency Permit in Turkey to live permanently in Turkey, the conditions of which is subject to rules.

Foreign persons can buy a house or property in Turkey without any restrictions. Turkish law is a part of EU-Civil law system, this means property will be freehold and it could be inherited by further generations without any restrictions.

It is possible to obtain a Turkish residence permit with a property investment of worth $200,000 USD in Turkey. The residency permit would be renewable after 2 years as long as you would keep the legal ownership status of the property.

New bank account opening procedures and the required documents will vary for each bank in Turkey. It is actually quite difficult for foreign nationals to open a new bank account in Turkey without having any guidance or reference in place. However, we can advise you on opening a new Turkish bank account with a PoA (power of attorney) or with yourselves presence in Turkey.

Yes, Turkish law allows multiple citizenships. Therefore you can keep your existing citizenships and use your existing passports as well without any renounce requirements.

%4 of the Sales Price of the property shall be paid to Turkish Tax authorities as a property purchase tax when buying or selling the Property in Turkey. Albeit, in practice this rate is usually divided equally between the Buyer and the Seller, so the tax rate is %2 for each party.

Yes. This is another very attractive option of Turkey citizenship by investment program. You can indeed entirely choose a new Turkish name and surname prior submitting new Turkish citizenship applications. Please contact us for further advice.

Many Iranian Investors obtained Turkish citizenships with investments successfully. It should be noted that the required documentation and the attestation of the documents will have to be evaluated carefully for Iranians prior submitting new Turkish citizenship applications.

Yes. We have successfully advised several Chinese Clients who have already obtained Turkish Citizenships. It is sufficient to meet one of the investment requirements for Chinese citizens to get Turkish Citizenship. It should be noted that the required documentation and the attestation of the documents will have to be evaluated carefully for Chinese as these are subject to a different procedure, prior submitting new Turkish citizenship applications.

With the recent increase of Covid-19 cases in India, Turkish citizenship by investment program has now recently become very popular and attractive among Indian Citizens. Fulfilling one of the investment options enables Indian citizens to acquire Turkish Citizenship easily though documentation and the attestation of the documents will have to be evaluated carefully for Indian nationals.

Acquiring Turkish Citizenship for Palestinian Nationals is now possible and as per new amendments to Turkish Law, the documentation and application procedures have been relaxed and simplified.