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Turkey
Citizenship By Investment
(House Purchase Mode)
Turkey Citizenship By Investment
(House Purchase Mode)
Turkey’s Citizenship by Investment Program, established in 2017, stimulates foreign investment and real estate growth by providing a simple pathway for eligible investors and their families to obtain Turkish citizenship. Turkey with it’s excellent location which bridging Europe and Asia has positioned itself as a competitive player in the global citizenship by offering investors opportunities for business, travel, and access to an emerging market economy through various investment routes such as real estate, capital investments, and government bonds. An investment in a residential property valued at a minimum of $400,000 USD and must be held for 3 years are required for the right to a Turkish citizenship and passport. If you prefer not to get tied up in real estate, you can make a capital investment of $500,000 as a deposit in a Turkish bank and held for 3 years to obtain citizenship in Turkey. By holding a Turkish passport, you can visit over 125 countries without a visa, including China, Singapore, Japan, South Korea, and Hong Kong.
Time to residency
6-8 months
Visa-free travel
125 countries and regions
Passport rank
52nd in the world
Residency requirement
No requirement
Taxation
When buying the house: 1% VAT and 2-4% transfer fee.
House holding tax: 0.2‰
Sold after 5 years: 4% transfer fee.
Sold within 3-5 years: personal income tax and 4% transfer fee.
Established time
Program launched in 2017
Application Requirements
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Over 18 years old
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Invest a real estate worth more than US$400,000 and hold it for 3 years.
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For dependents , the main applicant can bring along spouse and children who under 18 years old.
Program Benefits
Applicants can generate income from your real estate investment. Rent your property once you buy it and turn a profit while you’re at it. You may sell your property after holding it for 3 years and there are no limitations while maintaining the Turkish citizenship of the investor.
