Turkey Citizenship by Investment Program
Turkey spans across Europe and Asia, attracting many people for investment and tourism due to its unique geographical location. Although it is an Asian country, its politics, economy, and culture follow the European model. It is one of the candidate countries for the EU, so the Turkey Citizenship by Investment Program is highly favored. This program allows you to obtain a passport in one step, with a total net cost of around 430,000 for a single applicant. The application threshold is low: no donation required, no language/education/business background requirements, no residency requirement. You only need to deposit $500,000 in a local bank for 3 years or purchase property worth over $400,000 and hold it for 3 years. You can get a passport in about 8 months. With a Turkish passport, you can travel visa-free to many countries and regions, such as Japan, Thailand, Singapore, Hong Kong, Macau, etc.
Program Highlights
Purchase property worth over $400,000
No language, education, or business background requirements
No residency requirement
Obtain passport in one step in 8 months
Passport visa-free to Japan, Singapore, Hong Kong, Macau
Application Process
Sign Contract
Sign agency agreement
Select Property/Confirm Bank
Select property/confirm bank
Sign Power of Attorney
Sign power of attorney with lawyer
Pay Property Purchase Price/$500,000 Deposit
For property purchase: pay the purchase price and complete transfer; for deposit: open an account and deposit $500,000
Apply for Investment Certificate or Deposit Certificate
After payment, the lawyer applies for an investment certificate or deposit certificate
Apply for Residence Permit
Prepare all documents and apply for residence permit
Obtain Residence Permit, Apply for Citizenship
After obtaining the residence permit, apply for citizenship
Obtain Passport
After approval, all applicants provide fingerprints and receive passports
Application Requirements
- Investment Method
- Purchase property of $400,000 or deposit $500,000
- Age Requirement
- Main applicant must be at least 18 years old
Fee Details
| Fee Item | Receiving Agency | Amount | Payment Timeline | Refund Policy |
|---|---|---|---|---|
| Consulting Service Fee | Signing Company | 50,000 RMB | At signing | Fully refundable, see contract for details |
| Domestic Notarization and Authentication | Third-party Agency | 2,000 RMB/person | Before submission | Non-refundable |
| Turkish Translation and Notarization Fee | Foreign Lawyer | 1,500 USD/household | Before submission | Non-refundable |
| Legal Fee | Immigration Lawyer | Property purchase mode: single applicant 20,000 USD, family 25,000 USD; deposit mode: 30,000 USD/household | Before submission | Fully refundable, see contract for details |
| Government Application Fee | Local Immigration Office | 100 USD/household | Before submission | Non-refundable |
| Insurance Fee | Insurance Company | 100 USD/household | Before submission | Non-refundable |
| Fixed Deposit | Bank | 500,000 USD | Before submission | Non-refundable |
| Property Purchase Price | Developer | 400,000 USD | At property purchase | Non-refundable |
| Property Appraisal Fee | Property Appraisal Office | 500 USD (300-500 USD, depending on the property) | At property purchase | Non-refundable |
| Transfer Fee | Land Registry | 4% of property price (e.g., 10,000 USD) | Before property delivery | Non-refundable |
| Property Insurance Fee | Insurance Company | 200 USD (100-200 USD, depending on the property) | At property purchase | Non-refundable |
| Property Holding Tax | Turkish Registry Office | 0.2% of property price per year | After property purchase | Non-refundable |
| Property Management Fee | Property Management Company | 100-200 USD/month | After property purchase | Non-refundable |
Frequently Asked Questions
References & Sources
- 1.Turkish Immigration Authority Official Website
- 2.Turkish Ministry of Economic Development
- 3.Turkish Ministry of Foreign Affairs
Author
AiEAC Immigration Consultant
Immigration Consultant