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Turkish Citizenship

Turkish Citizenship

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Recently serious improvements have been made paving the way for obtaining Turkish citizenship. We handle & supervise the whole process via Power of Attorney in most cases without presence of our clients. We assist our clients with:

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  • due diligence

  • market research reports

  • obtain detailed title deed record of the property (debt, attachment, bank lien etc.)

  • contracts with real estate agents and banks

  • official evaluation of the property

  • full supervision of title deed transfer by at least 1 attorney (A-Z)

  • Government backed secure money exchange

  • 1 year residence permit

  • citizenship application

  • passport application

Application Methods

1. Buying Real Estate

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  • The Government reduced the requirements for citizenship by real estate purchase from USD 1.000.000 to USD 400.000, which is equivalent to a %60 reduction.

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  • Accordingly, the Government allows applications for citizenship by purchasing real estate worth at least USD 400.000. In this programme Real estate can be sold after 3 years of the ownership without any restrictions other than the ones applied to citizens.

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  • It is crucial that a due-diligence is made for such property assuring that it falls within the standards of the citizenship programme. Therefore consulting to professionals before such investment is considered a must. Failure to do so may result in instant refusal of application by the Government.

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2. Making Bank deposit

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  • The Government reduced the requirements for citizenship by bank deposit from USD 2.000.000 to USD 500.000, which is equivalent to a %75 reduction. Accordingly, citizenship applications will be possible to those who hold USD 500.000.

  • Such deposits can be withdrawn or transferred after 3 years.

Dollar Bills

​3. Other methods

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There are other methods such as investing into government bonds, employment of certain number of employees in Turkey and investing in sectors approved by the Ministry of Industry and Technology. 

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  • Purchase of government bonds with a minimum value of USD 500,000 held for at least 3 years

  • Establishment of an enterprise that creates jobs for at least 50 employees

  • Capital investment of at least USD 500,000

  • Minimum investment of USD 500,000 in a real estate investment fund share or venture capital investment fund share kept for at least 3 years

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Market Analysis

Our expert in this field is Can Canko. For more information you can reach Can Canko from ccanko@canko.co.uk

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