Turkish Citizenship by Investment Program Rules

The Regulation Regarding Application of Turkish Citizenship Code was recently amended on 18th September 2018. In line with the new regulations in Turkish immigration law, foreign persons who would satisfy one of the below mentioned investment requirements are able to obtain Turkish Citizenships together with their family members:

1-Option (A) stipulates that a minimum amount of property investment shall be made for $250.000 USD (or the equal value in Turkish Lira), on the condition to not sell the property within the next 3 years. The minimum investment amount was reduced from $1m USD to $250k USD.

2-Option (B) foresees to Deposit $500.000 USD in cash (or the equal value in Turkish Lira, Euros or other currency) with a condition to keep the monies at least for 3 years in one of the Turkish Banks.

3-Option (C) requires that a fixed capital investment shall be made minimum of $500.000 USD (or the equal value in Turkish Liras). This investment shall be confirmed by the Turkish Ministry of Industry and Technology.

4-Option (D) indicates that Turkish Citizenship could be obtained with the purchase of Turkish Government Bonds and Bills of $500.000 USD on the condition to hold them for at least 3 years. This investment shall be confirmed by the Ministry of Treasury and Finance of Turkey.

5-Option (E), foresees that it is also possible to acquire Turkish Citizenship by making an investment into a Turkish real estate investment trust, or alternatively with purchasing the shares of a Turkish Venture Capital Investment Fund with a minimum amount of $500.000 USD.

This means it is possible to obtain Turkish Citizenship by Investment for the Investor (Main Applicant) as well as for family members: spouse (wife/husband) and children below 18 years old with proceeding with one of the abovementioned investment options.