Obtaining Turkish Citizenship by Investment (TCBI)

Legislation for Obtaining the Turkish Citizenship

The regulation regarding the application of Turkish Citizenship Code was recently amended. In line with the new regulations, foreigners who satisfy at least one of the below-mentioned investment options will be able to obtain Turkish Citizenship (TC) in for themselves as well as their families.

• Option (A) stipulates that a minimum amount of property (real estate) investment shall be made for $250k USD on the condition to not sell the property subject of investment within the next 3 years. This amount has been reduced from $1m USD to $250k USD recently (or the equal value in Turkish Lira).
• Option (B) requires to deposit $500k USD in cash (or the equal value in Turkish Lira) for at least 3 years in one of the Turkish Banks. This means, it is possible to obtain TC for the Investor (Principal Applicant) as well as for the family members: spouse (wife or husband) and children below 18 years old (18 years old included) with proceeding one of the abovementioned investment options according to your choice, and once the required conditions are duly met.

How long does it take to obtain Turkish Citizenship (TC) for all family members?

It usually takes around 3-6 months to obtain Turkish Citizenships and Turkish Passports for the Principal Applicant (Investor) and other family members provided that all the documentation is ready, duly compiled and pre and post-investment works are properly done and these would be diligently followed up.

With the recent additional relaxation in law, the total period to obtain full Turkish Citizenships for all family members have been reduced to as low as 60 days only in 2019.

Benefits of Turkey Second Citizenship Program & Turkish Passport at a glance

• Full citizenship is granted following background check plus Turkish Citizenship and Passport delivered quickly within 3-6 months only.
• You can both have a solid investment with regular income and at the same time, you can obtain one of the most sought citizenships in the World.
• Visa-Free Travel for 148 countries
• No Minimum Residency Required
• Ownership of one of the Top 30 Passports in the World
• Turkish passport has 10-year validity and is renewable for life
• Turkey Identity Card Included
• Full free medical assistance for life, for all family members, included
• No need to declare your wealth
• Turkey allows Dual Citizenships
• No Military Service required for TCBI Applicants
• Pension Programs Included
• Free Education and University Reimbursement Plans are provided
• Future Access without a visa to EU, 26 Schengen Zone Countries
• One of the best climates in the World throughout the year
• Muslim country offering a democratic and safe environment for family
• A Eurasian country with a hospitable and welcoming manner to foreigners
• Fantastic natural environment Excellent food and rich cuisine
• Superb Health Facilities (better health services than US and EU)
• Superb Educational Facilities
• High Quality of Life Full
• Prospective Visa-free travel to EU

Why Turkey?

• A wonderful climate throughout the year
• Muslim country offering democratic and westernised lifestyle
• A safe and happy environment for the family
• A very hospitable and welcoming manner to foreigners
• Easy to do Business
• High GDP per capita
• Strong, Independent Legal System and Courts
• Fair Tax System
• Perfect location nestled between Europe, Asia and the Middle East and Africa
• Excellent food and rich Turkish cuisine
• Superb Health Facilities
• High Quality of Life
• Opportunity to relocate and live in Istanbul, one of the most beautiful and developed cities in the world or any other part of Turkey
• Due to recent depreciation in Turkish Lira, it is the perfect time to invest in the Turkish real estate market, and at the same time, obtain the citizenship for all family.
• Superb Educational Facilities
• Fantastic natural environment
• Regional Powerhouse
• One of the largest and strongest economies in the World
• G20, NATO Member
• EU Candidate Country
• Prospective Visa-free travel for Turkish Citizens to EU (Schengen zone) soon
• Easy to obtain long-term, multiple entry visa to EU, US, Canada, UK and Australia for Turkish citizens

Written by:

Güvenç Ketenci  | Ketenci & Ketenci