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Citizenship

Turkey Citizenship by Investment

Citizenship for the whole immediate family through a property you keep, with no residence requirement. A real asset in one of the largest economies in the region.

Minimum
US$400,000
Timeline
Approx. 6 to 12 months
Outcome
Direct citizenship
Presence
None; usually one short visit
Family
Spouse and children under 18
The highlights

Why Turkey

Tax

A 20 year exemption on foreign income

Turkey normally taxes residents on worldwide income, but since Law 7582 of 2026, people who become Turkish tax residents after three calendar years without Turkish domicile or tax liability can keep foreign income and gains outside Turkish tax for 20 years. Holding Turkish citizenship alone does not make you a tax resident; residency is based on living there, usually more than 183 days in a calendar year.

Income earned in Turkey is taxed at progressive rates from 15% to 40%.

Full tax breakdown
TaxedTax on income from abroad
15% to 40%Personal income tax
25%Company tax
20%VAT

Your money stays in an asset

On the property route you buy real estate worth at least US$400,000 and keep it for three years. After that you can sell it and keep your citizenship.

The whole family at once

Your spouse and children under 18 receive citizenship at the same time as you, with no extra investment for each family member.

No residence requirement

You do not have to live in Turkey before or after citizenship. Most of the process can run through a power of attorney, with usually one short visit.

Dual citizenship allowed

Turkey does not ask you to give up your current citizenship. The passport gives visa free or visa on arrival access to approx. 113 destinations, including Japan, Singapore and South Korea.

A hub between continents

Istanbul sits between Europe, Asia and the Middle East, and its airport connects to more countries than almost any other.

A large, diverse economy

A G20 economy of more than 85 million people, with a deep property market and a modern banking system, and new 2026 tax incentives aimed at people who relocate.

Who does this program suit?

Suits you if

  • You want a second citizenship backed by a real asset you can sell after three years, rather than a contribution you never see again.
  • You want your spouse and children under 18 included from the start at no extra investment.
  • You want citizenship without having to live in the country.
  • You might relocate one day and want access to the 20 year exemption on foreign income for new tax residents.
  • You are comfortable holding Turkish property, a deposit or securities for three years.
  • You value a large country with a major international airport and a lifestyle that spans Europe and Asia.

Less suited if

  • You need visa free travel to the Schengen Area, the UK or the United States. Turkish citizens need visas for all three.
  • You want to include parents or adult children who are not dependent on you. They cannot join the application.
  • You cannot accept currency and property market risk for at least three years.
  • You need a passport in a few months. In 2026 many files have taken longer than four months, and some more than a year.
  • You are hoping to use it for a US E2 treaty investor visa straight away. The US requires three years of living in Turkey first when citizenship came through investment.
At a glance

Routes to the passport

Property route

The most common route. You buy property officially valued at US$400,000 or more and keep it for three years. You can live in it or rent it out, and once the three years end you can sell it and keep your citizenship.

Deposit and securities routes

US$500,000 held for three years in a Turkish bank deposit, government bonds, fund units or a private pension. These suit people who want no property risk, at the cost of a higher amount and currency exposure.

What you get

Every route leads to full Turkish citizenship for you, your spouse and children under 18 at the same time. There is no temporary stage and no requirement to live in Turkey before or after.

FilingMonth 3Month 6Month 9
Property purchaseUS$400,000
Purchase and valuation1 to 2 months
Conformity and residence permit2 to 6 weeks
Citizenship decision4 to 8 months
Citizenship and passport
No visit needed with a power of attorney
Usually one short visit
None
Time to passport: Approx. 6 to 12 months in total
  1. Purchase and valuation1 to 2 monthsNo visit needed with a power of attorney
  2. Conformity and residence permit2 to 6 weeksUsually one short visit
  3. Citizenship decision4 to 8 monthsNone
  4. Citizenship and passport

Time to passport: Approx. 6 to 12 months in total

Bank depositUS$500,000
Conformity and residence permit2 to 6 weeks
Citizenship decision4 to 8 months
Citizenship and passport
No visit needed with a power of attorney, then usually one short visit
None
Time to passport: Approx. 6 to 12 months in total
  1. Deposit and bank letter2 to 4 weeksNo visit needed with a power of attorney
  2. Conformity and residence permit2 to 6 weeksUsually one short visit
  3. Citizenship decision4 to 8 monthsNone
  4. Citizenship and passport

Time to passport: Approx. 6 to 12 months in total

Bonds, funds or pensionUS$500,000
Investment and certificate2 to 6 weeks
Residence permit2 to 6 weeks
Citizenship decision4 to 8 months
Citizenship and passport
No visit needed with a power of attorney
Usually one short visit
None
Time to passport: Approx. 6 to 12 months in total
  1. Investment and certificate2 to 6 weeksNo visit needed with a power of attorney
  2. Residence permit2 to 6 weeksUsually one short visit
  3. Citizenship decision4 to 8 monthsNone
  4. Citizenship and passport

Time to passport: Approx. 6 to 12 months in total

Business investment or 50 jobsUS$500,000 or 50 jobs
Ministry certificateSeveral months
Residence permit2 to 6 weeks
Citizenship decision4 to 8 months
Citizenship and passport
Active involvement in the business
Usually one short visit
None
Time to passport: Approx. 6 to 12 months in total
  1. Ministry certificateSeveral monthsActive involvement in the business
  2. Residence permit2 to 6 weeksUsually one short visit
  3. Citizenship decision4 to 8 monthsNone
  4. Citizenship and passport

Time to passport: Approx. 6 to 12 months in total

PathwayMinimum investmentApprovalWhat you getTime to passportPresence
Property purchaseUS$400,0004 to 8 months after filingCitizenship for the familyApprox. 6 to 12 months in totalNone; hold the property 3 years
Bank depositUS$500,0004 to 8 months after filingCitizenship for the familyApprox. 6 to 12 months in totalNone; keep the deposit 3 years
Bonds, funds or pensionUS$500,0004 to 8 months after filingCitizenship for the familyApprox. 6 to 12 months in totalNone; hold the investment 3 years
Business investment or 50 jobsUS$500,000 or 50 jobsMinistry review, then 4 to 8 monthsCitizenship for the familyApprox. 6 to 12 months in totalNone; usually one short visit for the permit

Times run from the investment to the passport. Since July 2026 property payments go through the state secure payment system, and valuations and payments are checked more closely.

Ways to qualify

Investment options

Each option below qualifies on its own. We help you pick the one that suits your money and your plans.

Real estateUS$400,000

Property purchase

One or more properties with an official valuation of at least US$400,000, held for three years. The sale price, the valuation and each payment must all meet that threshold.

DepositUS$500,000

Bank deposit

Held in a Turkish bank for three years.

SecuritiesUS$500,000

Bonds or investment funds

Government bonds, or real estate and venture capital fund shares, held for three years.

BusinessUS$500,000

Business investment or 50 jobs

A fixed capital investment confirmed by the ministry, or employment for at least 50 people.

Buying property to qualify? We check the title, debts, permits and valuation before you sign, so the property is clean and actually counts for the program.
Real estate due diligence
What it costs

Costs beyond the minimum

Beyond the investment, there is the title deed fee, the official valuation, translations, notary and residence permit fees, and a small fee on each payment through the secure payment system. Every situation is different, so we quote everything as one custom fixed fee in writing after a free call.

Before you apply

Requirements

Who can apply

  • Main applicant aged 18 or over. Your spouse and children under 18 are included in the same application.
  • Property route: one or more properties with an official valuation of at least US$400,000, with the sale price, the valuation and each payment all meeting that threshold, held for three years.
  • Other routes: US$500,000 in a Turkish bank deposit, government bonds, real estate or venture capital fund units, or a private pension, each held for three years; or a US$500,000 fixed capital investment or 50 jobs confirmed by the relevant ministry.
  • Foreign currency must be converted through a Turkish bank, which issues a currency conversion certificate. Transfers already in Turkish lira do not qualify.
  • No nationality is excluded from the program, but citizens of a few countries cannot buy property in Turkey and use the deposit or securities routes instead.
  • A security check by Turkish authorities on every applicant.

Documents checklist

  1. Valid passport
  2. Birth certificate, apostilled and translated into Turkish
  3. Marriage certificate, if your spouse is applying
  4. Turkish tax number
  5. Currency conversion certificate from a Turkish bank
  6. Valuation report and title deed, on the property route
  7. Certificate of conformity from the relevant ministry
  8. Biometric photos

We assist you in obtaining each document, then have it apostilled (certified with an international stamp so it is valid abroad), translated and filed for you.

Family inclusion

Your spouse and children under 18 receive citizenship alongside you. Children aged 18 or over can be included only if you can document that they depend on you; parents and siblings cannot be included.

SpouseChildren under 18
Tax at a glance

Taxes in Turkey

The headline rates for people who are tax residents there. Holding a residency or passport does not by itself make you a tax resident, and your current country may still tax you, so the licensed tax advisers in our local team confirm your position.

How residents are taxedWorldwideResidents are taxed on income from everywhere.
Personal income tax15% to 40%Progressive rates.
Income from abroadTaxedNew residents from 2026 with no Turkish tax liability in the previous three years can get a 20 year exemption on foreign income and gains; an exemption certificate is required.
Company tax25%30% for banks and financial firms.
VAT (sales tax)20%1% and 10% on some goods.
Capital gains15% to 40%Property is exempt after 5 years; most listed Turkish shares 0%.
Dividends15%Withheld at source.
Inheritance and gifts1% to 30%Inheritance 1% to 10%, gifts 10% to 30%.
Wealth taxNone
Property tax (yearly)0.1% to 0.2%Extra tax on very high value homes.

Turkish citizenship alone does not make you tax resident; living there does.

See how this compares to other countries
How it works

From first call to approval

  1. 01

    Route and plan

    We confirm the right route for your family and budget, and explain the 2026 rules on valuation and payment. We then assist you in obtaining the relevant documents and having them apostilled and translated.

  2. 02

    Property or investment

    Our local team shortlists property with clean title and a realistic valuation, or arranges the deposit or securities. Funds are converted through a Turkish bank and paid through the secure payment system.

  3. 03

    Valuation and conformity

    An official valuation, the title deed transfer with a three year no sale annotation, and the certificate of conformity that confirms the investment qualifies.

  4. 04

    Residence permit and application

    A short residence permit is issued, usually after one brief visit, and the citizenship file for the whole family is submitted.

  5. 05

    Approval and passports

    Once citizenship is approved, Turkish identity cards and passports are issued for the family, either in Turkey or through a consulate.

After approval

Settling in, handled by the same team

Our local team stays with you once you are approved and takes care of the practical steps, then keeps everything current and compliant.

Turkish ID cardTax numberDriver’s licence conversionProperty title and registrationsYearly tax filingsCompany filings
Settling in
FAQ

Questions about Turkey

Is Turkey a good Plan B?

For many families, yes. The money sits in property or a deposit you own rather than a contribution, the whole immediate family is included, there is no residence requirement, and Turkey is a large country you could genuinely move to. The limits are the passport itself, which needs visas for the Schengen Area, the UK and the United States, and the three years of currency and property risk. If travel freedom to Europe is the main goal, other programs do that better.

Is Turkey good from a tax residency perspective?

It has become much better. Under Law 7582 of 2026, people who become Turkish tax residents after three calendar years without Turkish domicile or tax liability can keep foreign income and gains outside Turkish tax for 20 years, and they pay 1% on inheritances during that period. Income earned in Turkey is still taxed at 15% to 40%. You need an exemption certificate, and you become tax resident by actually living there, usually more than 183 days a year. Citizenship alone does not make you a tax resident. Book a free call and we can look at your situation.

Is Turkey a good place for company structuring and banking?

It works well for a business that genuinely operates in Turkey. Banking is modern, foreign currency accounts are common, and 2026 brought generous incentives for service centres and the Istanbul Finance Center. For a global holding company, though, corporate tax of 25%, a 15% withholding tax on dividends and the volatility of the lira mean we usually place the structure elsewhere and keep Turkey for the citizenship and, if you move, the personal tax exemption.

Is Turkey good for entrepreneurs who are just starting out?

Not through this program. The minimum is US$400,000 in property, or US$500,000 on the other routes, held for three years. Entrepreneurs at an early stage usually get more from a low cost residency, such as Paraguay, and revisit Turkey once the capital is there.

Can I rent out the property?

Yes. You must keep ownership for three years, recorded as an annotation on the title deed, but you can live in it or let it during that time.

Do I need to live in Turkey?

No. There is no residence requirement before or after citizenship. Most steps can be handled through a power of attorney, and usually one short visit is needed for the residence permit.

What changed in 2026?

The US$400,000 threshold and three year holding period did not change. Three practical things did. Since 1 July 2026, property payments must go through a state secure payment system that holds the money until the title is registered. From late September 2026, any licensed valuation firm can value the property through the land registry portal, and the valuation report is valid for 12 months instead of six. And the sale price, the valuation and each individual payment must each meet the US$400,000 threshold. Reports of an automatic 25% markup on valuations are not accurate.

Will my sons have to do military service?

It depends on their age. A son who becomes a citizen is liable according to his age that year; military age starts in the year he turns 20, and anyone who is 22 or older in the year of naturalisation is treated as having served. Dual citizens living abroad can defer until the end of the year they turn 35, and after three years abroad they can discharge the obligation by paying a fee in foreign currency. We go through this with you before you apply.

Can I keep my current citizenship?

Turkey allows dual citizenship and does not ask you to renounce your current one. Some countries, such as China and India, end their citizens' nationality when they acquire another, so we check your own country's rules first.

Where can I travel with a Turkish passport?

Approx. 113 destinations without a visa or with a visa on arrival, including Japan, Singapore, South Korea, Hong Kong and much of Latin America. The Schengen Area, the UK, Canada and the United States require visas. Turkey is on the US E2 treaty list, but someone who gained citizenship through investment must live in Turkey for three years before applying for an E2 visa.

How long does it take?

Buying, valuing and registering the investment usually takes one to three months. The citizenship decision has slowed in 2026: many files take more than four months, some longer than a year, and approvals tend to come in batches. We plan around six to twelve months in total.

Can I sell after three years?

Yes. Once the three years have passed you can sell the property or release the deposit and keep your citizenship. A gain on property sold within five years of purchase is taxable in Turkey, so selling in year four or five has a cost. Property marketed for citizenship is often priced above the local market, which is why an independent valuation before you buy matters.

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Next step

Find out if you qualify

Tell us a little about yourself and we will review whether Turkey Citizenship by Investment suits you, what it would cost in total and how long it would take. No cost and no obligation.

Prefer to talk? Book a free 15 minute call.

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