Questions & Answers
Investment in a property or company to obtain Turkish citizenship
Hello,
I am an American citizen looking to invest in commercial real estate in Istanbul. I was curious about how the citizenship by investment process works.
Do I need to speak to anyone before buying the property? Or should I buy the property and begin the process of getting my citizenship afterwards?
In addition, if I were to choose to establish a company in Turkey and employ 50 or more people, how long would I have to maintain that company in order to get my citizenship?
Hi,
Thank you for your question.
There are several requirements that have to be fulfilled prior to finalising property investment. This means you are advised to seek legal advice before you invest in a property if you intend to apply for citizenship after.
As to the company option, though there is no definitive time limit foreseen in law, you shall ideally maintain the company for 1 or 2 fiscal years to apply for Turkish citizenship further.
