How to Obtain Turkish Citizenship by Investment

Are you considering obtaining a second citizenship?

Turkey offers a Citizenship by Investment (CBI) program that allows individuals and their families to become Turkish citizens through investment.

This guide will walk you through the entire process, step-by-step, making it easy for anyone, even if you’ve never traveled out of your home country before.

Why Choose Turkish Citizenship?

Before diving into the details, let’s explore why you might want to consider Turkish citizenship:

1. Strategic Location: Turkey is a bridge between Europe and Asia, offering access to both continents.
2. Travel Benefits: Turkish passport holders can travel visa-free or with visa-on-arrival to over 110 countries.
3. Economic Opportunities: Turkey has a growing economy with opportunities in various sectors like real estate, tourism, and technology.
4. Quality of Life: Enjoy a rich culture, diverse cuisine, and beautiful landscapes, from beaches to mountains.

Eligibility Criteria

To qualify for Turkish citizenship by investment, you need to meet specific criteria. These are:

1. Age: You must be at least 18 years old.
2. Investment Amount: You need to make a minimum investment as specified by the Turkish government.
3. Clean Background: You must not have a criminal record.

Investment Options

Turkey offers several investment options for obtaining citizenship. Here are the main ones:

1. Real Estate Investment: Purchase property worth at least $400,000.
2. Bank Deposit: Deposit a minimum of $500,000 in a Turkish bank.
3. Capital Investment: Invest $500,000 in fixed capital.
4. Government Bonds: Buy government bonds worth $500,000.
5. Job Creation: Create jobs for at least 50 Turkish citizens.

Let’s explore each option in detail.

1. Real Estate Investment

Investing in real estate is the most popular route. Here’s what you need to do:

• Find a Property: Research and find a property that meets the minimum value requirement. You can buy residential, commercial, or land properties.
• Legal Checks: Ensure the property has no legal issues. Hiring a local lawyer can help with this.
• Purchase: Buy the property and get it registered in your name. Make sure the title deed (Tapu) shows the correct value.

2. Bank Deposit

If you prefer a simpler investment, consider depositing money in a Turkish bank:

• Choose a Bank: Select a reputable Turkish bank.
• Deposit Funds: Deposit at least $500,000 and commit to keeping it there for at least three years.
• Get a Certificate: Obtain a certificate from the bank confirming your deposit.

3. Capital Investment

Investing in a business or starting your own can also qualify you:

• Select a Sector: Choose a sector like manufacturing, technology, or tourism.
• Investment Plan: Prepare a detailed investment plan.
• Invest: Invest $500,000 in fixed assets or capital.

4. Government Bonds

Investing in government bonds is another secure option:

• Buy Bonds: Purchase government bonds worth $500,000.
• Hold Period: Commit to holding these bonds for at least three years.

5. Job Creation

If you’re interested in contributing to the local economy through job creation:

• Business Plan: Develop a business plan to hire at least 50 Turkish citizens.
• Implement Plan: Start the business and employ the required number of people.

Steps to Obtain Turkish Citizenship by Investment

Now that you know the options, let’s walk through the steps to obtain Turkish citizenship by investment:

Step 1: Choose Your Investment

Decide which investment option suits you best. Consider factors like your budget, interest, and long-term plans.

Step 2: Prepare Necessary Documents

You’ll need the following documents:

• Passport: A valid passport for you and any family members applying.
• Proof of Investment: Documents proving your investment, such as property title deeds, bank certificates, or business registration.
• Birth Certificate: Your birth certificate and those of your family members.
• Marriage Certificate: If applicable.
• Criminal Record Check: A clean criminal record from your home country.
• Photos: Passport-sized photos of all applicants.
• Health Insurance: Proof of health insurance valid in Turkey.

Step 3: Make the Investment

Proceed with your chosen investment:

• Real Estate: Purchase the property and get the title deed.
• Bank Deposit: Deposit the required amount in a Turkish bank.
• Capital Investment: Invest in a business or start a new one.
• Government Bonds: Buy the bonds.
• Job Creation: Start your business and hire employees.

Step 4: Apply for a Residence Permit

Once your investment is made, apply for a Turkish residence permit. Here’s how:

• Application Form: Fill out the residence permit application form.
• Submit Documents: Submit the necessary documents to the Provincial Directorate of Migration Management.
• Fee: Pay the application fee.

Step 5: Apply for Citizenship

With your residence permit in hand, you can now apply for citizenship:

• Application Form: Fill out the Turkish citizenship application form.
• Submit Documents: Submit all required documents to the Directorate General of Civil Registration and Citizenship Affairs.
• Interview: Attend an interview if required.

Step 6: Wait for Approval

The Turkish authorities will review your application. This process can take several months. If everything is in order, you’ll receive a certificate of naturalization.

Step 7: Receive Your Turkish Passport

Once your citizenship is approved, you can apply for a Turkish passport. Visit the local passport office with your naturalization certificate and other necessary documents. You’ll receive your passport within a few weeks.

Additional Tips

• Hire Professionals: Consider hiring a local lawyer and real estate agent to assist with the process.
• Language Barrier: Learning some basic Turkish or hiring a translator can help.
• Visit Turkey: If possible, visit Turkey to get a feel of the country and complete some steps in person.
• Stay Informed: Keep yourself updated on any changes in the investment program rules.

Conclusion

Obtaining Turkish citizenship by investment is a viable option for those looking to gain a second citizenship and enjoy the benefits Turkey offers.

By following the steps outlined in this guide, even complete beginners can navigate the process smoothly.

Whether you choose to invest in real estate, make a bank deposit, or create jobs, Turkey provides a welcoming path to citizenship.

Embrace this opportunity to become a part of a vibrant and diverse nation.