Program Overview: Turkey Citizenship by Investment (CBI)
The transcontinental country between Europe and Asia, Turkey, is offering its Citizenship by Investment program for interested investors who want to explore investment options in Turkey. This program was introduced in 2016. Investments can be made either in real estate or as a bank deposit.
About Turkey: Strategic Location & Economic Profile
Turkey is a transcontinental hub bridging Europe and Asia, and a key financial center. The country’s culture reflects influences of Greece, Persia, Rome, Byzantine, and Ottoman empires. Ankara is the capital and Istanbul is renowned for its architecture. Considered one of the world’s large economies, Turkey is driven by shipping and automobile industries. To encourage foreign direct investment (FDI), Turkey launched the Turkey Citizenship by Investment program.
With a Turkey passport, one can travel to 114+ countries visa-free (including Singapore, China, Japan, and parts of Europe). The whole family can obtain Turkey citizenship. Turkey is a member of the United Nations, NATO, IMF, World Bank, and G-20.
Investment Routes & Requirements
Real Estate Investment Route (Minimum USD $250,000; Hold 3 Years)
An investor purchasing authorized real estate in Turkey must invest a minimum of USD $250,000, and hold the property for at least 3 years. After that period, the property can be sold or retained.
Bank Deposit Route (USD $500,000; Hold 3 Years)
Alternatively, an investor can place a bank deposit of USD $500,000 in a Turkish bank for a minimum of 3 years. The investor may withdraw or use the amount in Turkey after this period. Annual interest is typically added by the bank.
Fixed Capital Investment & Job Creation (USD $500,000+; 50 Jobs)
Investors may choose a Fixed Capital Investment in a running business in Turkey with USD $500,000+, subject to a permission letter from the Ministry of Industry and Technology. Such investments must generate a minimum of 50 jobs. Investors may also participate as venture capitalists, maintaining the investment for at least 3 years.
Processing Time & Presence Requirements
An investor and family can receive Turkey passports in approximately 6 months. The program does not require the investor to be physically present in Turkey at any time. As a developed country, Turkey offers strong living amenities and stable economic growth.
US E-2 Visa Advantage via Turkey Citizenship
A significant advantage of holding Turkey citizenship is potential eligibility for the US E-2 Visa (a treaty investor visa). With Turkey citizenship, an investor may access the United States through the E-2 program, enabling them to open a branch, office, or company in the USA that creates jobs (e.g., 2 jobs). The E-2 visa is typically valid for 2 years and can be renewed as long as the business operates. Another program offering similar benefits is the Grenada Citizenship by Investment Program. This is advantageous since large countries like India or China are not part of the US E-2 Treaty.
Learn more: Citizenship by Investment, Residency by Investment, US E-2 Visa pathway
Eligibility & Basic Conditions
Anyone 18+ years of age can apply for Turkey’s Citizenship by Investment program. Applicants must have no criminal record and be in sound health.
Why Choose XIPHIAS Immigration
To relocate to Turkey successfully, it’s important to partner with an experienced immigration firm with expertise in cross-border investments and their benefits. Your immigration agent should include certified international cross-border professionals and maintain strong ties with law firms, real-estate houses, and business groups globally.
XIPHIAS Immigration stands at the pinnacle of the immigration field with all the right capabilities. They have operated for more than a decade, maintaining strong, workable relationships with clients and partners, and assisting hundreds of HNIs with cross-border investments. Through genuine and transparent transactions, XIPHIAS has built robust partnerships and delivers investment immigration services to Europe, Canada, Australia, the Caribbean, the USA, and more.
XIPHIAS is equipped with the team to support corporates, skilled immigrants, and international immigration programs, and is a registered agent for many countries worldwide.
Explore: Why XIPHIAS and Contact our experts
To Know More About the Application Process and Your Eligibility
Please get in touch with our expert consultants at +91-9019-400-500 or email us at [email protected]
FAQs
Q1. What are the main investment options under the Turkey Citizenship by Investment (CBI) program? A. Options include real estate (from USD $250,000, 3-year hold), bank deposit (USD $500,000, 3-year hold), and fixed capital investment (USD $500,000+ with potential job creation).
Q2. Is there a physical residency requirement to obtain Turkey citizenship via investment? A. No. The program does not require physical presence in Turkey during or after the application.
Q3. How long does it take to receive Turkey passports through CBI? A. Processing is stated as roughly 6 months for the investor and eligible family members.
Q4. Can Turkey citizenship help with access to the US market? A. Yes. Turkey citizenship may enable eligibility for the US E-2 Visa, allowing investors to start or acquire a US business, generally renewable while the business remains operational.
