To qualify for acquiring Türkiye citizenship by investment through the real estate options, a real estate investment of USD 400,000 is required – to be held for 3 years
Investment Amount
Investment Amount | $400,000 |
Land Registry Fee | 2% of the purchase price |
Property Value Report | $500 Approx |
Official Transfer fee | $200 |
Visa Fee Per Person | $100 Approx |
Residence Permit Fee/ Person | $20 Approx |
Insurance Per Person “Adults Only” | $100 Approx |
Application Fee | $100 |
Applicants can acquire Türkiye citizenship by investment by depositing USD 500,000 in cash (or the equal value in Turkish Lira) for at least 3 years in one of the Turkish Banks.
Investment Amount
Deposit Amount | $500,000 |
The government authority is responsible for administering the program and processing all applications. The application will be examined thoroughly and, if deemed necessary, may request the applicant to attend an interview.
A due diligence check will be done and will decline an application if the applicant makes a false statement or omits any relevant information in the application. The documentary requirements of the Türkiye Citizenship by Investment Program are reasonable, and the procedures are straightforward. Once the application is approved, passports can be collected in Türkiye. It is estimated that the process will take 6 months from the submission of the application to the issuance of the passport, assuming there are no areas of concern with the application.
Under the real estate option, the time frame may vary depending on the project. Therefore, it is important to select a real estate project that can provide the necessary paperwork required from the developer for the citizenship application.