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Citizenship & Co.
Ortaköy Mosque and the Bosphorus Bridge, Istanbul

Citizenship by Investment

Turkey

Citizenship of a G20 economy through a retained investment in real estate or a bank deposit — not a donation.

Time to citizenship

4–8 months

Minimum investment

$400,000+

Visa-free access

110+ countries

Program Overview

About the Turkey program

In brief

The Turkey program is a citizenship-by-investment program that grants full legal citizenship. The minimum qualifying investment is $400,000+, and approvals typically take 4–8 months. It requires no residence or relocation, and the passport provides visa-free or visa-on-arrival access to 110+ destinations. Figures are indicative minimums for the main applicant.

Türkiye's citizenship by investment route is distinctive: the qualifying investment is retained rather than donated. Investors purchase real estate or place a bank deposit, hold it for three years, and may then realise the asset.

As a G20 economy at the crossroads of Europe and Asia, Türkiye offers commercial as well as mobility advantages, including eligibility to apply for the US E-2 Treaty Investor visa.

Presence requirement

No residence required; one visit for biometrics

Document validity

Passport valid for 10 years, renewable

Dual nationality

Dual citizenship permitted

How it compares

Turkey against other citizenship programs

Where Turkey sits among the 9 citizenship by investment programs we advise on. The gold marker is the peer average.

Minimum investment (lower is better)$400,000
Peer average $228kAbove the peer average
Time to approval (lower is better)4–8 months
Peer average ≈ 6 monthsAbove the peer average
Visa-free destinations (higher is better)110+
Peer average 117+Below the peer average

Investment is compared on a USD-normalized basis; the label shows this program's own currency. Time uses the upper end of the published range. Figures are indicative.

Key Benefits

  • Citizenship of a G20 economy bridging Europe and Asia
  • The investment is retained — real estate or deposit, not a donation
  • Eligibility to apply for the US E-2 Treaty Investor visa
  • No residence requirement

The Life It Unlocks

Citizenship of a G20 economy — with your capital intact.

The investment you keep

Your qualifying property is yours — hold it three years, then sell if you wish. Citizenship stays either way. Few programs let the capital come back.

Istanbul as your second address

A working base at the crossroads of Europe and Asia — real estate, real business, a real city your family can actually use.

The E-2 route, held in reserve

Turkey's US treaty means Turkish citizens can pursue the E-2 investor visa — an American option kept open for the day you want it.

Investment Pathways

Real Estate Purchase

From $400,000

Purchase of real estate in Türkiye with a commitment not to sell for three years.

Minimum 3-year holding period

Bank Deposit

From $500,000

A fixed deposit in a Turkish bank, maintained for at least three years.

Minimum 3-year holding period

Program terms move: Turkey's property threshold has risen before ($250,000 to $400,000 in 2022) and can rise again. Files lodged under current terms are processed under them.

Explore your route

From (indicative)

$400,000

Capital treatment

Minimum 3-year holding period

Purchase of real estate in Türkiye with a commitment not to sell for three years.

Who comes with you

  • Spouse of the main applicant
  • Dependent children under 18

Family additions are quoted individually — request your exact figure

Application Timeline

Your dates

Complete files are typically processed in 4–8 months.

Indicative — based on typical processing of 4–8 months for complete files. Government timelines are not guaranteed.

  1. 1

    Month 1

    Investment

    Completion of the qualifying real estate purchase or bank deposit, with valuation certification.

  2. 2

    Month 2

    Residence permit

    Issuance of the investor residence permit, a prerequisite for the citizenship application.

  3. 3

    Months 3–6

    Citizenship application

    Submission and processing of the citizenship application by the relevant ministries.

  4. 4

    Months 6–8

    Citizenship & passport

    Grant of citizenship and passport issuance.

Requirements

  • Qualifying investment held for the required period
  • Clean criminal record
  • Valid passport and standard civil documentation
  • No requirement to reside in Türkiye

Family Eligibility

  • Spouse of the main applicant
  • Dependent children under 18

What to Weigh

Honest advice includes the trade-offs. Before committing to the Turkey program, consider:

  • Your capital stays invested — but real estate carries market and currency risk, and the official valuation process must be navigated carefully.
  • Property must be independently appraised at $400,000+ at purchase; valuations are scrutinised by the government.
  • Turkish citizenship does not provide visa-free access to the EU Schengen area or the US.

Does Turkey fit you?

Three questions, scored by the same engine as our Program Finder — with an honest answer, even when it isn't this program.

What are you ultimately looking for?
What investment level are you comfortable with?
How soon do you want this in hand?

Frequently Asked Questions

Can I sell the property after three years?

Yes. After the three-year hold you may sell freely and keep your citizenship. Many clients treat the purchase as a medium-term investment in Istanbul's property market.

Does Turkey report my citizenship to my home country?

Turkey does not routinely notify other governments. Whether you must declare a second citizenship depends on your home country's laws — we advise on this during the engagement.

What does the E-2 eligibility mean?

Turkey holds an E-2 treaty with the US, so Turkish citizens can apply for an E-2 investor visa after establishing a qualifying US business — a common two-step strategy for US market access.

How long does Turkish citizenship by investment take?

Typically four to eight months end to end, including the property purchase, official valuation, residence permit, and citizenship decision. One visit for biometrics is required; residence in Turkey is not.

Alternatives

Related Programs

Families often weigh this program against these alternatives.

Panoramic view of Valletta harbour at dusk, MaltaResidency

Malta

Permanent residence in an EU member state through Malta's Permanent Residence Programme, with no physical stay requirement.

Min. investment
€375,000+
Time to approval
6–8 months
You receive
Residence permit
Street scene in central Lisbon, PortugalResidency

Portugal

Europe's best-known golden visa: EU residency with a minimal stay requirement and a potential path to citizenship after seven to ten years of legal residence.

Min. investment
€500,000+
Time to approval
10–14 months
You receive
Residence permit
Whitewashed architecture overlooking the Aegean SeaResidency

Greece

One of Europe's most affordable golden visas: Greek residency through real estate, with no stay requirement to renew.

Min. investment
€250,000+
Time to approval
3–6 months
You receive
Residence permit

Begin Your Journey

Request a private assessment to see whether the Turkey program is the right fit.

Turkey · 4–8 months