Turkey, with its robust economy, strategic location bridging Asia and Europe, and stunning landscapes, is an attractive destination for those looking to relocate. One of the most compelling ways to make Turkey your permanent home is by acquiring Turkish citizenship. In this guide, we will explore the various ways to obtain Turkish citizenship and the benefits it offers.
6 Ways to Become a Citizen in Turkey Via Investment
Between 2018 and 2021, over 19,630 foreigners successfully acquired Turkish citizenship through real estate investment. There are several pathways to obtain citizenship in Turkey, and one of the most popular is through investment. Here’s how you can do it:
1. Acquire Real Estate Worth At Least 400,000 USD
One of the easiest and most straightforward methods to obtain Turkish citizenship is by purchasing real estate valued at a minimum of 400,000 USD. This could be a single property or a combination of properties that total this amount. The real estate can include land, apartments, villas, commercial buildings, or holiday homes.
2. Deposit 500,000 USD or More in a Turkish Bank
Another option is to deposit at least 500,000 USD in a Turkish bank, with the condition that the money remains in the account for at least three years.
3. Fixed Capital Contribution
Investors can contribute a fixed capital of at least 500,000 USD to a Turkish business, qualifying them for citizenship.
4. Invest in Government Bonds
Investing a minimum of 500,000 USD in Turkish government bonds is another viable route to citizenship, with the stipulation that the bonds be held for at least three years.
5. Buy Shares of Investment Funds
Purchasing shares in Turkish investment funds worth at least 500,000 USD, particularly in real estate or venture capital, and holding them for three years can also lead to citizenship.
6. Start a Business With 500,000 USD or Create Jobs
Starting a business worth 500,000 USD or creating at least 50 jobs for Turkish citizens is a way to obtain citizenship while contributing to the local economy.
Other Ways to Acquire Turkish Citizenship
In addition to investment, there are other methods for foreigners to obtain Turkish citizenship:
- Marriage: Foreigners can apply for citizenship after being married to a Turkish citizen for at least three years.
- Birth: Individuals born to at least one Turkish parent are eligible for Turkish citizenship by birth.
- Employment: Foreigners who have been employed under a contract in Turkey for five years can apply for citizenship.
- Naturalization: A foreigner who has lived in Turkey for five years, has a good command of the Turkish language, and meets other criteria can apply for naturalization.
Steps to Apply for Turkish Citizenship
Here is a step-by-step guide to applying for Turkish citizenship through the Citizenship by Investment Program:
- Select the Right Property: Choose the property or investment that best suits your needs.
- Grant Power of Attorney: You can authorize a lawyer to handle the legal procedures on your behalf.
- Complete the Investment: Finalize your investment by signing the purchase agreement and completing the necessary transactions.
- Prepare Documents for Residency Permit: Gather documents such as the Certificate of Conformity and the Real Estate Valuation Report to apply for a residency permit.
- Receive Citizenship: After meeting the criteria, you will receive your Turkish citizenship and can proceed to apply for a Turkish passport.
Are you ready to make Turkey your new home? At Aegean Locations, we specialize in guiding you through the process of acquiring Turkish citizenship. Our team of experts will assist you every step of the way, ensuring a smooth and successful transition. Contact us today to start your journey towards becoming a Turkish citizen!