Introduction
Since 2017, Turkey has offered foreign nationals the opportunity to obtain citizenship through an economic contribution. With a significant reduction in prices in 2018, the Turkish Citizenship By Investment (CBI) program has gained popularity as one of the leading CBI programs globally. This overview provides key insights into the program's benefits, investment options, and why Turkey has become a preferred choice among investors.
Key Benefits of Turkish Citizenship
- Investment Options from $250,000 USD:
- Multiple investment pathways, providing flexibility for investors.
- Attractive Real Estate Market:
- Investment in Turkish real estate, one of the most popular and accessible routes.
- Strategic Location:
- Turkey's strategic geographic position with vital transport links to Europe, Africa, and Asia.
- G20 Member Country:
- Turkey's status as a G20 member, signifying geopolitical importance.
- Visa-Free Travel:
- Turkish passport allows visa-free travel to 95 countries.
- Residency Opportunities in the USA:
- E1 & E2 treaties with the US offer potential routes to residency.
Turkish Citizenship By Investment: Investment Options
The Turkish CBI program provides various investment options, offering investors the flexibility to choose based on their preferences and financial capacities.
1. Turkish Real Estate Investment
- Investment:
- $250,000 USD or equivalent in Turkish Lira.
- Requirement:
- Purchase real estate and maintain the investment for at least 3 years.
2. Deposit into a Turkish Bank
- Investment:
- $500,000 USD or equivalent in another currency.
- Requirement:
- Deposit the money into a Turkish bank account for a minimum of 3 years.
3. Investment in Turkish Government Bonds
- Investment:
- $500,000 USD.
- Requirement:
- Invest in Turkish Government Bonds, holding them for a minimum of 3 years.
4. Investment in Turkish Real Estate Investment Trust
- Investment:
- At least $500,000 USD.
- Requirement:
- Invest in a Turkish Real Estate Trust Fund.
5. Purchase of Shares in a Turkish Venture Capital Investment Fund
- Investment:
- $500,000 USD.
- Requirement:
- Purchase shares in a Turkish Venture Capital Investment Fund, holding the investment for at least 3 years.
6. Capital Investment in a Turkish Company
- Investment:
- Minimum of $500,000 USD.
- Requirement:
- Invest in a Turkish corporate entity to qualify for citizenship.
7. Job Creation for Turkish Nationals
- Requirement:
- Create a minimum of 50 jobs for Turkish nationals to be eligible for citizenship.
Why Turkey?
Turkey, positioned as the gateway between Asia and Europe, holds historical and cultural significance. With attractions like Istanbul and scenic southern coast resorts, it is a top tourist destination. The growing economy and strategic geopolitical importance make Turkey an appealing choice for investors. The Turkish passport, offering visa-free travel and potential routes to US residency, adds to its attractiveness.
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