Turkey Business Investment (Passport Program)

The Turkey Citizenship by Investment Program (CIP) requires an applicant to make a Signiant financial investment into the country in return for citizenship for the applicant and his/her family. There are no residency requirements and citizenship is for life.

Investment Option

  • Purchase of real estate with a minimum value of at least $250,000.

  • For all clients considering the real-estate option, it is recommended a country visit and our dedicated team in Turkey will provide tours. This will ensure clients gain a better appreciation and knowledge of the available options and overall real estate market.

Citizenship

Our team will also assist with the building of the citizenship application before submitting it to the government. The following documents are required:

  • Title deed of the property

  • Power of attorney

  • Certified copy of passport

  • Clean criminal record

  • Biometric pictures

Dual Citizenship

There are no restrictions on dual citizenship in Turkey.

Taxation

A Turkish citizen who is also a resident is taxed on both the income they produce in Turkey and on their worldwide income. A non-resident citizen is only taxed on income produced in Turkey.

Summary of Key Advantages

  • Qualify via property investment from as little as $250,000.

  • Children up to the age of 21 may be included in the application.

  • No minimum residence requirements.

  • Secular state with the vast majority of the population identifying as Muslim.

  • Familiar culture and customs with middle east clients.

Eligibility

  • The main applicant must be over 19 years of age

  • Meet the due diligence.

Process flow

 
Step 1:

Purchase of the property with minimum $250,000 value.

 
Step 2:

Real estate value assessment report obtained to show that the value <= $250,000.

 
Step 3:

Title deed restriction made (The property purchased for citizenship cannot be sold for 3 years)

 
Step 4:

Application made to the relevant ministry to get availability document.

 
Step 5:

Application made for temporary resident permit for investors (It is easy to get this residence permit and this will allow you to stay in Turkey legally until you get your citizenship).

 
Step 6:

Application made with the required documents to the citizenship office.

 
Step 7:

Final: After 3-4 months, your application is finalized and you receive your citizenship & passport.

Take the First Step Towards Your New Life

Book Your Personalized Immigration Consultation with CBC and let our experienced staff help you start your new journey!

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