Turkish Citizenship by Investment

Turkish Citizenship by Investment has been a matter of discussion for particularly every single Turkish immigration lawyer and Turkish business lawyer. There are several discussions and arguments over the years. Therefore, we will analyze that matter here.

What is Turkish Citizenship by Investment?

Fundamental feature of Turkish Citizenship by Investment is that it is seen the fastest and safest route for gaining citizenship. Turkish Immigration lawyers or Turkish citizenship lawyers are very good at evaluating legitimate reasons for each program.  There is a clear procedure that should be carried out carefully. Therefore, a professional help by Turkish citizenship lawyer may be very helpful for each state.

Is Turkish Citizenship by Investment worth it?

Turkish Citizenship by Investment is designed for granting individuals citizenship by means of local investment in a relevant country or region. Citizenship by investment programs (CIPs) currently offered by most jurisdictions across the world. Individuals apply to CIPs with a view to traveling freely, starting up a new business and or benefiting from educational or occasional opportunities in a different part of the world. Turkish Citizenship by Investment has been a matter of discussion in Turkey over the years.

What are the rules for Turkish Citizenship by Investment?

In the case of Article 20 of the Regulation on the Implementation of the Law on Turkish Citizenship (No:5901), there are limited ways of obtaining Turkish citizenship through investment. In summary, Turkey citizenship by investment is possible through investment in Turkey for citizenship:

Is it hard to get Turkish Citizenship by Investment?

According to some reports, more than 7.000 foreigners obtained Turkish Citizenship by Investment thanks to home purchase only between 2014-2017. Citizenship by investment in Turkey is seen very attractive by foreign nationals as a way of foreign direct investment. Because of challenging aspects of each programme, an embracing legal guidance by Turkish citizenship lawyer may be very useful for a right conclusion.

Can you get Turkish Citizenship by Investment based on a capital transfer?

Under the Turkish citizenship by investment rules, foreign capital investors may be eligible for citizenship by investment in Turkey. In this context, making a minimum of fixed capital investment of USD 500.000 or equivalent foreign currency or Turkish lira, as attested by the Ministry of Industry and Technology may provide alien investors with citizenship in Turkey. Once needs to bear in mind that Turkey venture capital lawyers are very skillful to manage the process. Minimum level of venture capital in Turkish law is 500.000 USD. Can I buy property in Turkey and get Turkish citizenship by investment? 

In the recent decade, the economic downturn has been a matter of concern facing the international community all over the world. As a response to economic hardships, new amendments are designed for attracting direct foreign investments. Granting citizenship owing to any kind of property purchase is a leading method. How much does it cost to invest in turkey to get Turkish Citizenship by Investment? 

Turkish government took a new decision increasing the minimum real estate investment to qualify for citizenship, from the previous USD 250.000 to USD 400.000. The said decision enters into force following the Official Gazette publication in May 2022.

You can find more information about Turkish citizenship by investment for 2024 at https://www.pilc.law/turkish-citizenship-by-investment/