In recent years, there has been significant buzz around Turkey’s Citizenship by Investment program, particularly the pathway through property ownership. Foreign buyers who purchase property in Turkey worth at least $400,000 USD can find themselves on the path to obtaining Turkish citizenship. Not only does this investment provide you with a Turkish passport, but it also extends to your spouse and children under the age of 18, offering them the same benefits.
The Advantages of a Turkish Passport
According to the Henley Passport Index, Turkish citizens enjoy visa-free or visa-on-arrival access to 110 countries and territories, ranking 57th worldwide in terms of travel freedom. With a Turkish passport, you have access to 72 countries visa-free, enhancing your global mobility. Turkey is also among the candidate countries for accession to the European Union, which could further improve the ranking and travel privileges of Turkish passport holders in the future.
Passports are issued by the General Directorate of Population and Citizenship Affairs and are valid for ten years. The current cost of the passport, including the compulsory booklet fee, is 1265.40 TL. Beyond travel benefits, holding a Turkish passport grants you full access to government programs, permission to work, retirement programs, and the ability to buy property without the need for a military check.
Understanding the Turkey Citizenship by Investment Program
The Turkey Citizenship by Investment program offers a straightforward path to citizenship without requiring you to reside in Turkey. However, with its welcoming culture, beautiful landscapes, and first-rate lifestyle, many find it easy to call Turkey home.
To qualify for citizenship:
- Invest at least $400,000 USD in Turkish real estate.
- Hold the property for a minimum of three years.
- Your spouse and children under 18 years of age also qualify for citizenship.
This investment opens up a world of opportunities, from living in a dynamic and culturally rich country to enjoying the freedom of global travel.
Aegean Locations specializes in helping clients navigate the process of property investment in Turkey. Whether you’re looking to invest in a luxurious villa on the coast or a modern apartment in the city, we are here to guide you through every step of acquiring Turkish citizenship. Contact us today to explore the best properties that meet your needs and take the first step towards obtaining your Turkish passport.