According to Property Turkey, it normally takes 2-4 months for our clients to complete the process of obtaining Turkish citizenship through investment. This process is much faster than in other countries around the world, which can take years.
Yes. If you purchase a property worth 400.000 USD, you can obtain citizenship and a Turkish passport four yourself, your spouse and children under 18 years of age. Any kids that are over 18 will need to purchase real estate in their own name worth 400.000 USD.
No. You do not need to live in Turkey to protect your citizenship and passport. There is no minimum number of days you need to stay in Turkey in a year. Your citizenship is yours forever.
No, you don’t need. You do not have to give up the citizenship you were born with to become a Turkish citizen. Because Turkey allows its citizens to have dual citizenship and passports.
Your citizenship will never expire. When the process is completed and you have held your property for at least three years, your citizenship is guaranteed forever. This is the same for your spouse and all the children in your application.
While other citizenship programs and countries require you to pass a language test in order to obtain a passport, Turkey doesn’t. Yo don’t need to learn Turkish in order to apply for a passport. However, if you choose to live in Turkey permanently, it is highly recommended to learn the basics of the language in order to easily integrate into life within the country.
Having a Turkish passport allows visa-free entry to more than 100 countries around the world. As an example of these countries, we can cite Japan, South Korea, South America and many more. Someone with a Turkish passport can also travel to the USA, Great Britain, Canada, Australia and European Union countries relatively comfortably.
Note: The Turkish passport can be renewed every ten years.
As a Turkish citizen, you can also apply for a ‘businessman’ visa to live and eventually obtain British citizenship, or an E-2 investor visa to help you move to the United States. If you dream of living in the UK or USA, Turkish citizenship may be a gateway for you.
No. Turkish tax authorities will not ask you questions regarding your current financial status or existing assets.
As of 2022, Turkey has double taxation agreements with most countries throughout the developed world. Therefore, if you have paid taxes on your income earned from outside of Turkey, it’s unlikely that you will be taxed again by the Turkish government. For more information, contact us to speak with a Turkish tax expert.
According to the current Turkish law, citizens of some countries are prohibited from applying for Turkish citizenship by investment. Currently, these are citizens of the following countries; Armenia, Cuba, North Korea and Syria.
Yes. Those who apply for citizenship and obtain it, are then free to work in Turkey without the need of a work permit. Citizenship makes it easier to work in Turkey.
No. Candidates who acquire citizenship by investing in Turkey are exempt from compulsory military service. This includes those who applied with you, your dependents.
Turkish law fully protects its citizens and legal heirs in the unfortunate event of a death. Under Turkish law, your property and investment will smoothly pass down to your loved ones without much red tape.
Update: From January 2022, buyers can no longer deposit money directly to the seller’s account. Instead, foreign buyers are now required to send their funds to a Turkish bank before purchasing a property. The bank will then convert the currency to Turkish Lira at the exchange rate of the Central Bank of Turkey for purchase.