How much do I need to invest in Turkey to get citizenship?

Turkey Citizenship by Investment

Turkey, which is a spectacular country with a rich history, incredible cuisine, and colorful culture, has established itself as one of the most prominent tourist destinations in the world. Living in Turkey means giving a treat to yourself to splendid scenery, surrounding yourself with the beautiful scene of the sea, munching on delicious food, and being welcomed by warm neighbours—the people of Turkey live a vibrant and prosperous lifestyle.

All the benefits that you can get from this Eurasian country make this country an ideal place to live. Entering this country as a foreigner might be difficult because you are required to obtain a visa and perform several steps that could be time-consuming and expensive. However, getting citizenship with the help of investment in Turkey could be easier and the best way to live in this country.

Turkey citizenship by investment is among the easiest methods that you can follow to obtain citizenship in Turkey. When it comes to citizenship by investment in this country, numerous questions arise in the minds of people. The most common question, “How much do I need to invest in Turkey to get citizenship” comes into people’s minds.

In this article, we will disclose every crucial information about Turkish citizenship by investment. Furthermore, we will try to solve all the doubts, including Turkish citizenship requirements, and minimum investment. We will additionally provide you with an in-depth guide to getting this citizenship through real estate investment and other forms of investments.

Brief Summary: Citizenship by Investment in Turkey

 The Turkey Citizenship by investment program was launched in January 2017 to attract foreign direct investment along to boost growth in the real estate sector in the country. The program allows applicants to choose from several types of investment in the society of the country, thereby developing the economy of the country. As per this program, the investors are free to decide on the numerous means they want to contribute to the Turkish economy.

Benefits of Citizenship by Investment in Turkey 

There are numerous benefits that you can get with citizenship by investment. However, you have to invest in this country to get these benefits. But before knowing the minimum investment for Turkish citizenship, you should take a look at the top benefits that you can get with this citizenship. Here is the list of top benefits that you may get with this citizenship:

• Enjoy visa-free travel: Turkey is a country with an excellent connection with Europe and Asia. With the help of Turkish citizenship, you can apply for an F2 visa in the USA and unlock visa-free travel to more than 120 destinations throughout the world.
• Quick path to citizenship:  Turkey citizenship by investment is the instant route that you can follow to get citizenship in Turkey. Once you have invested in this country, you will become eligible to take this citizenship plus a passport in less than four months.
• Convenient conditions: Investors are not required to give up their current citizenship for this citizenship. The best thing about this citizenship is that you do not need to appear for an exam in the language or history of the country. Furthermore, citizenship does not obligate a participant to live in the country to maintain the status of citizenship.
• Family reunification: 

The applicants who have obtained Turkish citizenship by investment are allowed to bring their spouse, children (age below 18), and dependent parents along with them. Besides this, all the family members will get the ability to access free healthcare facilities like other citizens of Turkey.

• Profitable investment: Applicants are required to invest in real estate or securities, businesses, and open deposits to get this citizenship. The best thing about this investment in this country is that it is highly profitable. Since 2015, the cost of Turkish residential properties has been grown about six times.

Documents required for Turkey citizenship by investment

Gathering documents is one of the most vital Turkish citizenship requirementsthat you have to submit to get Turkey citizenship with the help of investment. Here is the list of documents that you are required to submit to get Turkey citizenship through investment:

• Proof that all the applicants have a clean criminal record
• Proof of Health Insurance (valid in Turkey)
• Proof of investment of $400,000 into a Turkish bank account or lawyer’s client account
• Turkish Tax ID Number (necessary)
• Birth certificates of all the applicants
• Passports of each applicant
• Residence proof
• Biometric, colored passport photos of each applicant
• Marriage certificate (optional)
• Death or divorce certificate of spouse (optional)
• Residence proof

The list that we have given above might be incomplete based on numerous factors. We recommend you consult Flying Colour Relocation to get the complete list of documents and other Turkish citizenship requirements to get a Turkish citizen by investment.

How much investment do you need to get Turkish citizenship by investment? 

As mentioned earlier, there are numerous types of investments you can make to get Turkey citizenship by investment. To understand the minimum investment for this citizenship, you are required to understand the types of investments. Here is the list of types of investment that you can make for this citizenship:

1. Purchase of real estate: You can make a real estate investment in a house, apartment, property, or land of more than $400,000 for this citizenship.
2. Business investment: You can also make a business investment in the country of more than $500,000. Furthermore, you are also required to employ at least 50 employees from the country.
3. Deposit in the Turkish bank: You have to deposit a minimum of $500,000 and maintain the amount for at least three years.
4. Purchase of government bonds: You should purchase government bonds worth at least $500,000 and maintain the investment for three years.
5. Purchase a share: You are required to invest at least $500,000 in a share of a real estate investment fund or venture capital investment fund for a minimum of three years.

How Flying Colour Relocation can help you

Flying Colour Relocation provides excellent immigration services who want to relocate themselves in a foreign country. We can help you to get Turkish citizenship by investment. Moreover, we can provide the list of steps that you should follow to get this citizenship.

To learn more about UK Skilled worker visa , book a free consultation with one of Flyingcolour team advisors, simply call +971 50 5585305 or send WhatsApp messages to +971 4 4542366. you can also drop an email to info (at) flyingcolour (dot) com. 

This article was published on 01-02-2024. The information provided in the article is based on the policies and rules applicable at the time of writing it. Talk to one of our consultants for any recent updates or changes.