Imagine having a clear path to Turkish citizenship and the 54th most powerful passport in the world!¹

Well, this could be a reality for you.

Welcome to WorldPassports in-depth guide on Turkey's citizenship by investment program.

Our expertly crafted guide is designed to provide you with accurate and up-to-date information to help you make informed decisions on this life-changing opportunity. 

Join us as we delve into the world of investment opportunities in Turkey and the path to acquiring a valuable second citizenship….

*Disclaimer: All amounts mentioned in this article were correct at the time of publication and might have shifted since.

What Does Citizenship by Investment Entail?

Citizenship by investment programmes offer individuals citizenship in return for significant economic contributions to the host country.

What is Citizenship Investment?

Citizenship Investment, also known as Citizenship by Investment (CBI), is a legal process allowing individuals to acquire citizenship and a second passport by making a financial contribution to a country's economy.

This often involves investing in government-approved projects like real estate development, infrastructure, or a national development fund.

The objective is to attract foreign investment while providing investors with the benefits of citizenship, including visa-free travel, expanded business opportunities, and potential residency rights.

What is Turkey Citizenship by Investment?

Turkey Citizenship by Investment refers to the specific Citizenship by Investment program offered by the Republic of Turkey.

Under this program, individuals can obtain Turkish citizenship by making a qualifying investment, such as purchasing real estate, contributing to a capital investment project, or depositing a specific amount in a Turkish bank.

Turkey's CBI program aims to attract foreign investment, boost economic development, and enhance the country's global connections.

Prospective participants should carefully review program requirements, investment options, and associated benefits before considering Turkey Citizenship by Investment.

What Are the Pros and Cons of Citizenship by Investment in Turkey?

In Turkey, citizenship by investment brings advantages such as visa-free travel and economic opportunities, but also involves substantial financial commitment and bureaucratic hurdles.

What Are the Benefits of Citizenship by Investment in Turkey?

Turkey's citizenship by investment (CBI) program offers numerous advantages to investors seeking a second passport. 

Here are some key benefits:

• Visa-free travel to 111 countries, including Japan and South Korea²
• The right to live, work, and study in Turkey
• Access to a growing economy with investment opportunities
• A relatively quick and straightforward application process
• No requirement to reside in Turkey or to learn the language
• The ability to include family members in your application

Investing in Turkey's CBI program opens doors to new opportunities, increased global mobility, and a better quality of life for you and your family.

What Are the Limitations of Citizenship by Investment in Turkey?

While the Turkish CBI program offers numerous benefits, it's equally important to be aware of the limitations as well.

Here are a few limitations to consider: 

• No visa-free access to the European Union or the United States
• Possible restrictions on investment exit strategies
• Limited recognition of dual citizenship by some countries
• Potential fluctuations in the value of the Turkish currency 

Despite these limitations, the citizenship by investment program in Turkey remains an attractive option for many, offering a range of benefits that outweigh the drawbacks for eligible investors.

Which Investment Options Qualify for Turkey Citizenship by Investment?

Turkey's citizenship by investment program offers a variety of investment routes, catering to different financial goals and risk tolerances. 

To qualify for citizenship, the main applicant must fulfill at least one of the following investment requirements.

Take a look at the full list. 

What Are the Real Estate Investment Requirements for Turkey Citizenship?

Citizenship through real estate investment in Turkey requires a minimum investment of US$400,000 in real estate or property.³

This popular option appeals to investors interested in long-term capital appreciation and potential rental income. 

An additional requirement of this route is that the property must be held for at least 3 years.

How Do Government Bonds Qualify for Turkey Citizenship by Investment?

This investment route requires a minimum of US$500,000 to be invested in government-approved bonds. 

Your fixed capital investment must be attested by the Turkish Ministry of Treasury and Finance. 

Moreover, this investment must be maintained for a minimum of 3 years. 

How Does Business and Job Creation Facilitate Turkey Citizenship by Investment?

This investment route requires investors to invest in an employment vehicle or company. 

No minimum investment amount is stipulated for this investment route. 

Instead, the company must employ a minimum of 50 employees and be attested by the Turkish ministry of family, labor, and social services.

Does a Fixed-Term Bank Deposit Qualify for Turkey Citizenship by Investment?

Another route is to deposit a minimum of US$500,000 into a Turkish bank account.⁴ 

This low-risk option provides a stable return on investment through interest and is attractive for conservative investors.

What Capital Investments Qualify for Turkey Citizenship by Investment?

An alternative route is to commit at least US$500,000 to Turkish government bonds.

This investment must be maintained for a minimum of 3 years, offering a secure and stable investment route for citizenship.

Moreover, this investment route must be attested by the Turkish Ministry of Industry and Technology. 

How Do Real Estate and Venture Capital Fund Shares Qualify for Turkey Citizenship?

You can also meet Turkey’s investment requirements by investing in shares. 

In specific, you’ll need to invest a minimum of US$500,000 in real estate investment fund shares.

Alternatively, you can invest a minimum of US$500,000 in venture capital investment fund shares. 

These options appeal to investors interested in diversifying their portfolio and supporting various sectors of Turkey's economy in return for citizenship. 

What Are the Eligibility Requirements for Turkey Citizenship by Investment?

As a prospective investor in Turkey's citizenship by investment program, it's crucial for you to understand the eligibility requirements to find out if you qualify. 

In this section, our team of experts outlines the major eligibility criteria you’ll need to meet in order to qualify for Turkey’s CBI program.

Here’s what you should know:

What Is the Minimum Investment Amount for Turkey Citizenship by Investment?

To be eligible for Turkey's CBI program, there’s a minimum investment requirement you’ll be required to meet in order to qualify. 

The minimum investment amount you must contribute to qualify is US$400,000.⁵

However, there are numerous investment routes you may choose from, with varying investment requirements, as we’ve explained in the section above.  

Is a Clean Criminal Record Necessary for Turkey Citizenship by Investment?

Applicants for Turkey's CBI program must also have a clean criminal record in their home country and any other countries they have lived in for an extended period. 

This requirement ensures that only individuals with a history of law-abiding behavior are granted Turkish citizenship.

Why Is Proof of Source of Funds Required for Turkey Citizenship by Investment?

Another eligibility requirement for Turkey’s CBI program is to prove the source of funds you’ll be using to make your investment. 

To prove the source, you may provide bank statements, tax returns, or documentation of business income. 

Demonstrating a legitimate source of funds is crucial to preventing money laundering and ensuring the integrity of Turkey's CBI program.

What Does the Due Diligence Process Involve for Turkey Citizenship by Investment?

A thorough due diligence process is conducted on all applicants to verify their background, financial standing, and the legitimacy of their investment. 

This process helps maintain the credibility of Turkey's CBI program and protects the interests of both the country and its citizens.

Is a Residence Permit Required for Turkey Citizenship by Investment?

Although there’s no residency requirement for Turkey's CBI program, obtaining a residence permit is a prerequisite to the application process.⁶ 

You’ll need to apply for a short-term residence permit, which costs around US$802 and can be conducted online or at your local Turkish immigration office.

What Are the Family Member Eligibility Requirements for Turkey Citizenship by Investment?

Your spouse and dependent children under the age of 18 can also be included in your application for Turkish citizenship.  

This allows your entire family to benefit from the advantages of the CBI program and enjoy a better quality of life in Turkey or abroad.

What’s the Application Process for Citizenship by Investment in Turkey?

Embarking on the journey to obtain Turkish citizenship through the citizenship by investment program can be an exciting but daunting prospect. 

To help you navigate the process, the WorldPassports team has outlined the essential steps and required documentation you’ll need to ensure a smooth application experience.

Here’s our detailed guide to help you prepare for each stage:

Step 1: How to Choose an Investment Route for Turkey Citizenship?

Begin by selecting from one of Turkey’s many available investment options.

As stated, the authorized investment routes include:

• Real estate investment
• Investing in government bonds
• Business and job creation
• Capital investment
• Bank term deposit
• Real estate fund investment

The decision you make will depend on your financial goals, risk tolerance, and personal preferences. 

We highly recommend researching each option thoroughly to make an informed decision that aligns with your personal and professional objectives.

Step 2: How to Make a Qualifying Investment for Turkey Citizenship?

The next step is to complete your chosen investment, ensuring it meets the minimum threshold for eligibility. 

Ensure that all transactions are properly documented to provide evidence of your investment. 

We also recommend working with reputable professionals, such as real estate agents, financial advisors, or lawyers, to navigate the investment process and comply with local regulations.

Step 3: How to Obtain a Residence Permit for Turkey Citizenship?

Once you’ve made your investment, the next step will entail applying for a short-term residence permit. 

This is an essential step of your application process, even though there's no residency requirement in Turkey’s CBI program. 

However

This permit demonstrates your commitment to maintaining legal status in Turkey and will permit you to reside in the country throughout your citizenship application process.

Step 4: What Documents Are Necessary for Turkey Citizenship by Investment?

Compile all necessary documentation, such as identity documents, proof of the source of funds, and investment confirmation. 

Ensure that all documents are translated into Turkish and notarized if required. 

Engage the services of a certified translator and notary public to ensure accuracy and compliance with Turkish regulations.

Step 5: How to Submit Your Application for Turkey Citizenship by Investment?

Once you’ve gathered your documents, you can proceed with submitting your application.

Your application should be accompanied by the required documents and submitted via authorized Turkish channels. 

Additionally

The application process may vary depending on your country of residence, so consult with local consulates or immigration offices for guidance. 

To ensure a smooth application process, we suggest keeping track of your application status and responding promptly to any requests for additional information or documentation.

Step 6: What Does the Due Diligence and Background Check Process Involve for Turkey Citizenship?

The Turkish authorities will then conduct a thorough due diligence process to verify your background, financial standing, and investment legitimacy. 

This process helps maintain the credibility of Turkey's CBI program and protects the interests of both the country and its citizens. 

Be prepared to provide additional information if requested and cooperate fully with the authorities during this stage.

Step 7: How to Receive Approval and Obtain Your Turkey Citizenship?

Upon successful completion of the due diligence process and approval of your application, you’ll be granted Turkish citizenship. 

You’ll also receive a citizenship certificate and be permitted to apply for a Turkish passport. 

What Documentation Is Required for Turkey Citizenship by Investment?

To ensure a successful application for Turkey's CBI program, you’ll also be required to prepare and submit numerous documents. 

For your convenience, we’ll walk you through the required documents.  

Read on. 

What Details Are Needed in the Application Form for Turkey Citizenship?

First and foremost, you’ll need to complete the official application form.

This will entail providing accurate and up-to-date information about yourself, your family members (if applicable), and your investment.

It’s important to double-check that all information is accurately completed to avoid delays or rejections.

What Identity Documents Are Needed for Turkey Citizenship by Investment?

You’ll also be required to prepare and submit identity documents. 

These may include your passport, ID card, birth certificate, or driver's license.

You may also be required to translate these documents into Turkish and notarize them for authenticity purposes.  

Why’s this important?

These documents help establish your identity, nationality, and personal details for the Turkish authorities.

Are Marriage or Divorce Certificates Required for Turkey Citizenship by Investment?

Submit marriage or divorce certificates, as applicable, to confirm your family status. 

These documents may also be required to include family members in your application. 

Make sure they’re translated into Turkish and notarized, if requested. 

Why Are Police Clearance Certificates Necessary for Turkey Citizenship?

Obtaining police clearance certificates from your home country and any other countries where you’ve lived is another prerequisite for Tukey’s CBI application. 

This should demonstrate your clean criminal record and law-abiding behavior, which will be essential to ensure you’re eligible for Turkey's CBI program. 

Remember to have these documents translated into Turkish and notarized if stipulated. 

How to Provide Proof of Source of Funds for Turkey Citizenship by Investment?

You’ll also be required to provide evidence of the source of funds used for your investment.

This may include submitting documents such as bank statements, tax returns, or documentation of business income. 

These documents are crucial to preventing money laundering and ensuring the integrity of Turkey's CBI program. 

Take note

The authorities will scrutinize these documents to confirm that your investment comes from legitimate sources.

Why Is a Comprehensive CV Required for Turkey Citizenship by Investment?

A detailed CV will also need to be submitted, outlining your education, employment history, and professional achievements.

This will help the authorities assess your background and suitability for the program. 

Be thorough and include any relevant skills or experience that may contribute to Turkey's economy or society to improve your chances of a successful outcome. 

What Employment or Business Documents Are Required for Turkey Citizenship by Investment?

Documents related to your employment or business activities, such as contracts, company registration certificates, or proof of business ownership, may also be required. 

These documents help demonstrate your financial stability and ability to support yourself and your family while living in Turkey. 

How to Provide Investment Confirmation for Turkey Citizenship?

Once your investment has been made, you’ll also be required to submit proof of it. 

You can do this by submitting property deeds, government bond certificates, or bank deposit receipts. 

In doing so, you can confirm to officials that you’ve met the minimum investment threshold and are eligible for Turkey’s CBI program. 

Why Is a Notarized Power of Attorney Document Required for Turkey Citizenship?

If using a legal representative to handle your application, provide a notarized power of attorney document authorizing them to act on your behalf. 

This ensures that the Turkish authorities recognize your representative's authority to manage your application and will be communicating with them on your behalf.

How to Apply for a Residence Permit for Turkey Citizenship by Investment?

As part of your CBI application process, you’ll also be required to submit a residence permit application.

This will entail including your completed residence permit application to demonstrate that you've applied for a short-term residence permit as part of the CBI program requirements.  

This requirement shows your commitment to maintaining legal status in Turkey and allows you to reside in the country during the application process.

What Costs Are Involved in Citizenship by Investment in Turkey?

It's crucial for investors to be aware of the costs associated with Turkey's CBI program in order to budget effectively. 

Understanding each cost component will help you make informed decisions and ensure that you're well-prepared for the financial commitment required for a successful application. 

Let’s take a closer look at the major costs you’ll encounter. 

What Is the Investment Amount Required for Turkey Citizenship by Investment?

The primary cost is the investment amount, which depends on the investment route (such as real estate, bank deposits, or job creation). 

The minimum thresholds range from US$400,000 to US$500,000 or more, depending on the investment type you select. 

This amount is the foundation of your application and a critical eligibility requirement for Turkey's CBI program.

What Are the Due Diligence Fees for Turkey Citizenship by Investment?

Due diligence fees cover the background checks and verification processes conducted by Turkish authorities. 

These fees vary depending on the complexity of your application and typically range between US$5,000 and US$10,000. 

What Are the Application Fees for Turkey Citizenship by Investment?

Application fees are charged by the Turkish government to process your citizenship application. 

These fees typically range from US$100 to US$300. 

They cover the administrative costs associated with reviewing and processing your application.

What Legal Fees Are Involved in Turkey Citizenship by Investment?

Legal fees cover the cost of hiring an attorney or legal representative to assist with your application. 

Costs can vary widely based on the complexity of your case and the attorney's experience, but generally range between US$5,000 and US$15,000. 

Engaging a legal professional ensures that your application complies with all relevant regulations and increases the likelihood of a successful outcome.

What Translation Fees Are Necessary for Turkey Citizenship Applications?

Translation fees will be incurred when translating your documents into Turkish. 

The cost depends on the number of documents and their length, but has been known to range from US$25 to US$50 per document. 

Accurate translations are essential for the Turkish authorities to understand and evaluate your supporting documentation.

What Are the Notarization Fees for Turkey Citizenship by Investment?

Notarization fees are an additional cost that will cover having your documents notarized by a public notary. 

These fees vary based on the number of documents and the notary's rates, but generally range from US$20 to US$50 per document. 

Notarization will be required to ensure the authenticity and validity of your documents for the Turkish authorities.

Is Health Insurance Required for Turkey Citizenship by Investment?

Health insurance is typically required for all of Turkey’s CBI applicants as well as their dependents. 

Costs vary depending on the coverage level, age, and health status of each applicant, but typically range from US$500 to US$2,000 per person per year. 

Health insurance demonstrates your ability to cover healthcare expenses while residing in Turkey to the authorities. 

What Taxes Are Applicable for Turkey Citizenship by Investment?

Various taxes may apply to your chosen investment route for Turkish citizenship.

Some may include property taxes for real estate investments or capital gains taxes for financial investments. 

The amount will depend on the type and value of your investment, as well as any applicable tax treaties between Turkey and your home country.

What Are the Travel and Accommodation Costs for Turkey Citizenship by Investment?

Travel and accommodation costs may be incurred if you’re required to visit Turkey for property viewings, meetings with professionals, or appointments related to your CBI application. 

These costs will vary significantly from person to person and will depend on your travel preferences and your duration of stay.

Is Renunciation of Current Citizenship Required for Turkey Citizenship by Investment?

If you're required to renounce your current citizenship before obtaining Turkish citizenship, there may be associated costs, such as processing fees or legal fees. 

This requirement will depend on the policies of your home country and therefore may not apply to all applicants.

What’s the Processing Time for Citizenship by Investment Applications in Turkey?

We understand you may be eager to find out about the program's application processing times, as this will have a ripple effect on the entire process. 

Let our team of experts walk you through what you can expect. 

What Is the Average Processing Time for Turkey Citizenship by Investment?

The typical processing time for Turkey's CBI applications is 3 to 4 months from the date of submission. 

However, this doesn’t take into account document preparation, submission, due diligence checks, and delays.  

Additionally, factors such as the complexity of your case, the chosen investment route, and the responsiveness of the Turkish authorities may influence the actual processing time.

What Are the Expedited Processing Options for Turkey Citizenship by Investment?

As of 2025, there are no official expedited processing options available within Turkey's CBI program. 

However, working with experienced professionals can help ensure your application is complete and accurate, potentially reducing delays and streamlining the process.

Does Turkey Allow Dual Citizenship?

Yes, Turkey does allow dual citizenship for individuals who obtain Turkish citizenship through its citizenship by investment program or other means.  

This means you can maintain your original citizenship while also enjoying the benefits of being a Turkish citizen.

However, it’s essential to verify whether your home country permits dual citizenship, as some countries may require you to renounce your existing citizenship upon obtaining a new one. 

Common Questions

In Conclusion

The WorldPassports team trusts that our in-depth guide has provided you with the necessary insights to make informed decisions about Turkey's citizenship by investment program. 

With a better understanding of the various investment routes, associated costs, and application process, you should now feel more confident in pursuing Turkish citizenship. 

We wish you success on your journey toward becoming a global citizen with the benefits and opportunities that Turkish citizenship has to offer.

If you’re interested in finding out more about other possible CBI programs, then see our selection of other country-specific articles.

These articles provide detailed insights into various opportunities available around the globe, helping you make informed decisions.

For those seeking options within the continent, we highlight some of the top European citizenship by investment programs, which offer a perfect blend of financial benefits and lifestyle advantages.

Whether it's access to world-class healthcare, business opportunities, or visa-free travel, these programs cater to a range of preferences and priorities.