Turkey's citizenship by investment initiative offers an expedited pathway to obtaining European citizenship and an alternative legal identity in as little as 4 months. This program boasts a simple application process that utilizes widely recognized and favored investment channels, all without imposing any physical residency obligations.
Despite its recent launch in 2017, the Turkish CIP has garnered remarkable popularity among international entrepreneurs, investors, and families. Alongside its streamlined application process, successful investors can expect an exceptionally high standard of living. As experts in the global arena are aware, Turkish citizenship provides the opportunity for affluent living. Additionally, as a contingency plan, Turkish citizenship grants access to the US through enhanced eligibility for the EB-5 visa program.
The property can be let for rental income, or sold after 3 years
Investors are not limited to investing into only a single property and have the right to acquire several properties
Fixed-asset investment confirmed by the Ministry of Industry and Technology
$500,000 deposit in a Turkish bank for a minimum of 3 years
Option to set up a business and create jobs for at least 50 Turkish employees, confirmed by the Ministry of Labor and Social Security.
Due Diligence: The main applicant must provide official proof of a clean criminal record. All applicants are required to provided birth certificates, marriage certificates [if applicable], passport from their country of birth, Turkish tax number, and proof of the investment.
Source of Wealth: All investment funds must come from a legal source. Crypto-backed loans may be acceptable.
Investment Asset Class: Under Turkish law, all investments for the Turkish CIP must be made in Turkish currency – the Lira. The program’s demonstrated USD investment amounts represent the minimum amount that the converted Turkish Lira must equate when the actual investment is being made: i.e. when the real estate transaction is finalized.
