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06.06.2023

Overview of Turkey's Citizenship by Investment Programme

Turkey introduced its citizenship by investment programme in 2016, inspired by the success of similar programmes in Europe. The Turkish Golden Visa programme offers residency, citizenship, and a Turkish passport to investors in real estate. Strategically located between Europe, Asia, and Africa, Turkey provides excellent market links and travel connections, making it an ideal choice for families seeking residency and business opportunities.

Obtaining Citizenship in Turkey through Investment

The real estate route is highly appealing to investors in Turkey, with a minimum property purchase requirement of $400,000 plus fees. This makes Turkey one of the most cost-effective citizenship by investment programmes available.

Benefits of Turkish Citizenship by Investment

Turkish citizenship comes with numerous advantages for investment applicants. It allows for living, working, and studying within Turkey. The Turkish passport grants visa-free travel to 125 countries and territories, covering over 24% of the world's GDP and 37% of popular travel destinations. Turkish citizens also enjoy a streamlined process for obtaining a Schengen visa for European travel. Moreover, Turkey has an E2 Visa Treaty Agreement with the US, enabling Turkish citizens who have resided in Turkey for at least three years to apply for a non-immigrant visa by establishing or investing in a business in the US.

Requirements for Turkey's Citizenship by Investment

  • Investment Amount: Minimum investment of $400,000 in Turkish real estate.
  • Family and Applicant: The programme allows the inclusion of the main applicant's spouse and dependent children.
  • Due Diligence: Applicants must undergo Turkish government's due diligence procedures, providing clean criminal records, no outstanding visa refusals, and various documentation such as financial and employment/business documents.
  • Minimum Stay: No minimum stay requirement is necessary for renewing and retaining Turkish citizenship.

 

Turkish Passport and Visa-Free Travel

Holding a Turkish passport enables visa-free travel (or visa on arrival) to 125 countries worldwide. Turkey is also working towards achieving visa-free access to the EU. Additionally, Turkey has an E-2 Visa treaty with the USA, allowing Turkish citizens to apply for US residency through the E-2 Visa programme after a minimum of three years of residency in Turkey.

 

If you are looking for a safe and profitable investment in Turkish real estate, VELES CLUB is a great option. VELES CLUB is a reputable real estate agency that has been helping investors buy and sell property in Turkey for over 7 years. Veles Club has a team of experienced agents who can help you find the right property for your needs and who can provide you with the support you need to make a successful investment.

 

To learn more about VELES CLUB and how we can help you invest in Turkish real estate, you can contact us any way you want.

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