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Turkey

Turkey offers a Citizenship by Investment Programme that allows investors and their families to obtain Turkish citizenship through a qualifying investment. This programme provides an attractive route to citizenship with a relatively low investment threshold compared to other citizenship by investment programmes.

Investment Options

To qualify for Turkish citizenship, applicants must meet one of the following investment criteria:

  1. Real Estate Investment:

    • Minimum Investment: $400,000 in real estate.
    • The property must be held for at least 3 years.
    • The property can be residential, commercial, or land.

  2. Capital Investment:

    • Minimum Investment: $500,000 in Turkish government bonds, shares, or investment funds.
    • The investment must be held for a minimum of 3 years.

  3. Job Creation:

    • Minimum Requirement: Create 50 jobs for Turkish citizens by investing in a business.

  4. Bank Deposit:

    • Minimum Investment: $500,000 in a Turkish bank account.
    • The deposit must be held for a minimum of 3 years.

Additional Requirements

  • Application Process: Applicants must go through a due diligence process. Background checks, including criminal record verification, will be conducted to ensure the source of funds is legal.
  • Age: Applicants must be at least 18 years old.
  • Dependents: The applicant can include their spouse, children under the age of 18, and unmarried children up to the age of 21 who are financially dependent on the applicant.
  • Health: Applicants must be in good health and free from any contagious diseases.
  • Residency: There is no minimum stay requirement in Turkey to maintain citizenship once granted. However, applicants may need to visit Turkey at least once during the application process.

Key Benefits of Turkish Citizenship by Investment:

  • EU Access: Turkish citizens can travel visa-free to many countries in Europe, Asia, and Africa.
  • Dual Citizenship: Turkey allows dual citizenship, meaning applicants can maintain their original citizenship.
  • Quick Process: The application process for Turkish citizenship typically takes around 3-6 months.
  • Family Inclusion: Citizenship can be extended to the applicant’s spouse and dependent children.
  • Access to Business Opportunities: Turkey’s strategic location between Europe, Asia, and the Middle East makes it a key hub for business and investment.
  • Tax Advantages: Turkey offers relatively low taxes and tax benefits for foreign investors.

How Oxbridge Can Assist:

  1. Investment Guidance: Oxbridge helps you select the most suitable investment option based on your preferences and goals, whether it’s real estate, capital, or business investment.
  2. Application Process: We provide end-to-end support, from document preparation to submission, ensuring all requirements are met in a timely manner.
  3. Due Diligence and Compliance: Our team assists with due diligence checks, ensuring that your investment funds are legally sourced and that all background checks are completed smoothly.
  4. Family Inclusion: Oxbridge ensures that your family members, including spouse and children, are included in the citizenship application.
  5. Expert Legal Advice: Our legal experts guide you through Turkey’s citizenship process, ensuring compliance with all regulations and helping to avoid any delays.
  6. Property Investment: If opting for real estate investment, Oxbridge assists with identifying suitable properties and facilitates the purchase process.

With Oxbridge’s expertise, you can navigate the Turkish Citizenship by Investment Programme confidently and achieve a smooth and successful application.

Requirements for the Golden Visa
Fund Investment

Applicants for Turkey’s Citizenship by Investment Programme must meet one of the following minimum investment thresholds:

  1. Real Estate Investment:

    • Minimum Investment: $400,000
    • The property can be residential, commercial, or land and must be retained for at least 3 years.

  2. Bank Deposit:

    • Minimum Investment: $500,000
    • Deposit the amount into a Turkish bank and hold it for a minimum of 3 years.

  3. Capital Investment:

    • Minimum Investment: $500,000
    • Invest in Turkish government bonds, shares, or funds, with a commitment to retain the investment for 3 years.

  4. Business Investment (Job Creation):

    • Requirement: Create 50 jobs for Turkish citizens by investing in a business.

These investments make Turkey’s programme one of the most accessible and versatile citizenship by investment options available, with flexibility to choose from real estate, financial assets, or entrepreneurial contributions.

Associated Costs

In addition to the minimum investment requirements, there are several associated costs that applicants should account for when applying for Turkey's Citizenship by Investment Programme:

1. Government Fees

  • Main Applicant: Approximately $1,500–$2,000
  • Each Dependent: Approximately $500–$1,000

2. Legal Fees

  • Fees vary depending on the complexity of the application and legal representation, ranging from $10,000–$15,000 for a family application.

3. Property Transaction Costs (Real Estate Option)

  • Property Appraisal Fee: $300–$500
  • Title Deed Transfer Fee: Approximately 4% of the property value
  • Stamp Duty: 0.2–0.6% of the property value

4. Bank Charges (Bank Deposit Option)

  • Minimal fees for opening and managing the required bank account, typically ranging from $200–$500.

5. Notary and Translation Fees

  • Estimated Costs: $500–$1,000
  • Covers notarizing documents and translations into Turkish.

6. Application Submission and Processing Fees

  • Approximate Range: $1,000–$2,000
  • Covers biometric registration, residency permits, and citizenship processing.

7. Real Estate Management (Optional)

  • For investors opting for property rental or management, fees can range from 10–20% of rental income annually.

8. Additional Costs for Dependents

  • For large families, extra dependents (spouse, children under 18) will incur additional government and processing fees.

Note: Fees are subject to change and can vary based on specific circumstances. Oxbridge can provide detailed cost breakdowns tailored to your family’s application and help streamline the financial planning for your citizenship journey.

Eligibility and Requirements

1. Investment Criteria

Applicants must satisfy one of the following investment options:

  • Real Estate Investment: Purchase real estate valued at a minimum of $400,000 and retain ownership for at least three years.
  • Capital Investment: Deposit $500,000 in a Turkish bank, government bonds, or approved funds for a minimum of three years.
  • Job Creation: Create employment for at least 50 Turkish citizens through a business venture.

2. Clean Criminal Record

Applicants must submit a certificate of good conduct from their country of residence, proving they have no criminal history.

3. Proof of Legal Fund Source

Applicants must provide evidence that the investment funds were obtained legally, such as financial statements, tax documents, or notarized declarations.

4. Age Requirement

The principal applicant must be at least 18 years old at the time of application.

5. Health Insurance

Applicants and dependents must obtain health insurance valid in Turkey during the citizenship application process.

6. Dependents

Applicants may include family members, such as:

  • Spouse.
  • Children under 18 years old.
  • Children over 18 years old may qualify if they are financially dependent and unmarried.

7. No Visa Violations

Applicants should have no history of overstaying or violating Turkish visa regulations.

8. Residency Requirement

Turkey’s Citizenship by Investment Programme does not require prior or post-investment residency, making it accessible to those who don’t plan to relocate immediately.

9. Compliance with Application Process

Applicants must:

  • Complete biometric registration.
  • Submit all required documentation, including proof of investment and clean criminal record.
  • Follow Turkey's legal framework for citizenship.

How Oxbridge Can Assist

  • Pre-Eligibility Assessment: We help determine your suitability for the programme.
  • Investment Guidance: Assistance in choosing the right investment type for your goals.
  • Document Preparation: Support with compiling and submitting all required documentation.
  • End-to-End Management: Expert handling of the application process to ensure compliance and a smooth experience.