TURKEY
Why Turkey?
Powerful Economy
Turkey’s economy exceeded all expectations and proven resilient once again in the face of the global recession. According to the World Bank GDP (PPP) Ranking, Turkey is the largest economy of Central and Eastern Europe (CEE) and the 11th largest economy in the World. Strong growth potential due to rapidly evolving post-covid value chains and competitively priced skilled and unskilled labor.
Regional Powerhouse
The geographical position of Turkey as a bridge between Asia and Europe and the growing influence in many neighbouring countries. Turkey’s strategic location enables easy reach to markets across 16 different time zones, from Tokyo to New York. The Istanbul Grand Airport goes a long way to making Turkey, and specifically Istanbul, Eurasia’s main hub and financial centre.
Exceptional Healthcare
Medical care is exceptionally good in Turkey. Both state and private healthcare is highly accessible and affordable for all citizens. State insurance is extremely affordable covering all expenses. With its multiple world-class hospitals (61 of which are JCI-accredited, the gold standard in global health care), highly skilled medical staff and affordable prices, Turkey’s medical care is undoubtedly one of its top attractions.
High Quality Education
Turkey provides free high-quality education from primary school to University. There are 10 Turkish universities featured in the QS World University Rankings 2019, and 45 Turkish universities in the 2019 edition of the QS University Ranking.
ABOUT TURKEY
With a population of 80 million people, Turkey is a popular destination for leisure and business. The country’s performance over the decades has brought macroeconomic stability and increased employment and income.
Process
- Signing of service agreement contract.
- Submission of property preference and legal agent questionnaire. Provision of main required documents (passport copies, birth certificates, current address, documents proving relation to dependents, personal photos) other documents may be required upon notification.
- Opening of bank account when applicable.
- Signing of POAs.
- Selection and payment for property and related expenses.
- Exercising the investment and applying for title deed or equivalent.
- Obtaining Ministry of Environment’s verification of the value declared on title deed.
- Applying for Tapu office (General Directorate of Land Registry and Cadastre) and demanding citizenship with title deed issuance-restriction is applied to hold properties for 3 years.
- Obtaining certificate of title deed compliance.
- Filing at General Directorate of Population and Citizenship Affairs.
- Invitation of main applicant and dependents to receive ID cards followed by Turkish passport.
Waiting range is officially between 6 and 24 months. We aim to secure citizenship within 7 months after title deed issuance or earlier. Other administrative steps and procedures and related costs may change. Clients will be notified of government changes.
Estimated timelines may vary on a case-by-case basis.
VISA-FREE TRAVEL TO 114 COUNTRIES
Americas
Antigua and Barbuda
Argentina
Bahama
Barbados
Belize
Brazil
Bolivia
Chile
Colombia*
Costa
Rica
Dominica
Dominican
Republic
Ecuador
El
Salvador
Guatemala
Haiti
Honduras
Jamaica
Panama
Paraguay
Peru
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and
Grenadines
Suriname*
Trinidad
and Tobago
Uruguay
Venezuela
Africa
Benin*
Botswana
Cape
Verde*
Côte
d’Ivoire*
Comoros*
Gabon*
Gambia
Guinea-Bissau
Kenya*
Madagascar*
Mauritania*
Mauritius
Morocco
Mozambique*
Rwanda*
São Tomé and Príncipe
Senegal
Seychelles*
Somalia*
South Africa
Sudan*
Swaziland
Tanzania*
Togo*
Tunisia
Uganda*
Zambia*
Zimbabwe*
EUROPE
Albania
Armenia
Azerbaijan
Belarus
Bosnia
& Herzegovina
Georgia
Kazakhstan
Macedonia
Moldova
Montenegro
Serbia
Ukraine
ASIA
Bahrain
Bangladesh
Brunei
Cambodia
Hong Kong
Indonesia
Iran
Iraq*
Jordan
Japan
South
Korea
Kuwait*
Kyrgyzstan
Lebanon*
Macao
Malaysia
Maldives*
Mongolia
Nepal*
Palestine
Territories
Philippines
Qatar
Singapore
Tajikistan*
Thailand
Uzbekistan
Oceania
Fiji
Marshal
Islands*
Micronesia
Palau*
Samoa*
Timor-Leste*
Tonga*
Tuvalu*
Vanuatu
E-Visa
Djibouti
Ethiopia
Lesotho
Mexico
Myanmar
Oman
Sri Lanka
* Visa on arrival
The list of countries is subject to variations depending on each government’s policy and so is access to these countries.
Investment Options and Conditions
Fixed Capital Investment
a minimum of
- Governing Body: Ministry of Industry and Technology
- Requirement: To establish a company or celebrate a partnership
Purchase of Real Estate
a minimum of
- Governing Body: Ministry of Environment and Urbanization
- Requirement: Title deeds must have horizontal property or flat ownership status
Job Creation
by employment
- Governing Body: Ministry or Family, Labor and Social Services
- Requirement: at least 50 people should be employed
Real Estate Funds or Venture Capital Funds
a minimum of
- Governing Body: Capital Markets Board
- Requirement: Through independent bodies or Turkish Banks
Depositing Money in a Bank
a minimum of
- Governing Body: Banking Regulatory and Supervisory Institution
- Requirement: To a Turkish Bank
Investing in a State Debt Instrument
a minimum of
- Governing Body: Ministry of Treasury and Finance
- Requirement: Through independent bodies or Turkish Banks
Application Form (VAT-4 form)
Notorized turkish translation of the passport
Four (x4) portrait photos for each family member
Birth Certificate
Residence permit
Residence permit registered on applicant’s passport
ID of applicants
IDs of the people who will benefit from the citizenship program, such as wife/husband or his/her child or children that are younger than 18 years old
Authenticated Documents
Authenticated official documents proving family ties (e.g – marriage certificate, birth certificates of child/children, etc…)
Payment receipt of application
Appraisal Report
Receipt of Payment
Receipt showing the payment of $400,000
Want to get a tailored solution
for you or your family?
We are problem solvers and we will design a strategic proposal according to your individual situation,
accompanying you through the entire journey to your residency or citizenship.