Turkey Citizenship by Investment Programme Overview
Turkey launched its citizenship by investment programme in 2016 following the success of golden visa programmes in Europe. The Turkish Golden Visa programme grants residency, citizenship and a Turkish passport to applicants investing in real estate. Turkey is strategically located as a hub between Europe, Asia and Africa offering strong market links and connections for travel and trade. It is ideally placed for families looking to establish both residency and business.
How to Obtain Citizenship in Turkey through Investment
The real estate route is particularly attractive for investors in Turkey. This requires a property purchase of a minimum of $400,000 + fees, making Turkey one of the lowest cost citizenship by investment programmes on the market.
Benefits of Turkish Citizenship by Investment
Turkey offers considerable benefits for applicants looking to invest for Turkish citizenship and residency. Turkish citizenship enables you to live, work or study within Turkey. The Turkish passport allows travel to 125 countries and territories worldwide. Those countries represent more than 24% of the world’s GDP and 37% of destinations by travel popularity. As a Turkish citizen, obtaining a Schengen visa for travel in Europe is straightforward. With Turkish citizenship through investment there is also no minimum stay requirement.
Turkey also holds an E2 Visa Treaty Agreement with the US. This allows citizens of Turkey, who have resided in Turkey for a minimum of three years, to apply for a non-immigrant visa by establishing or investing in an existing business in the US.
- Full family qualification including dependent children and spouse
- Live, Work and study within Turkey
- Passport offering visa-free travel to 125 destinations
- Ease of obtaining Schengen visa for European travel
- Potential to apply for USA E2 Visa (3 years residency required.)
- No minimum stay requirement
Turkey Citizenship by Investment Requirements
Applicants will need to invest a minimum $400,000 into Turkish Real Estate.
Family and Applicant
The Turkish citizenship investment programme allows the main applicant to include their family, both spouse and dependent children.
- Dependent Children
All applicants will need to be of good character and undergo the Turkish government’s due diligence formalities: Investors must provide:
- Police Reports – evidence of a clean criminal record
- Have no outstanding visa refusals
- Various documentation, including financial documents, employment/ business documents, ID, proof of address
There is no minimum stay requirement to renew and retain citizenship in Turkey.
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Turkish Passport and Visa Free Travel
A Turkish passport allows visa free travel (or visa on arrival) to 125 countries worldwide. Turkey also holds out the possibility of eventual visa free access to the EU. Currently, talks are ongoing, although Turkey has some way to go to meet EU conditions. Turkey holds some good global connections. They have a E-2 Visa treaty with the USA, which means Turkish citizens are eligible to apply for US residency, through the E-2 Visa programme, providing they have resided in Turkey for a minimum of three years.
How Can La Vida Help You?
La Vida has extensive experience of all the Golden Visa programmes in Europe. In addition to Turkey we can advise on Portugal, Malta, Spain and Greece. We also offer citizenship by investment options in the Caribbean. La Vida has extensive global reach with our expert team having helped clients in over 150 countries worldwide.
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