Summary
Türkiye offers investors a fast-track VIP procedure under the citizenship by investment programme.
Vladlena Baranova, head of Legal & AML Compliance Department, CAMS, IMCM, explains how much the new service costs for investors.
Standard procedure for obtaining Turkish citizenship
To obtain Turkish citizenship, investors undergo Due Diligence, collect documents, and fulfil the investment requirement, for example, purchasing real estate worth at least $400,000.
Submitting documents for a residence permit and providing biometrics
After making the investment, investors need to complete the stage of obtaining a residence permit. For this, investors travel to Türkiye in person, submit documents for a residence permit, and provide biometrics.
Waiting for the residence permit
The waiting time for a residence permit card is about 10 days. During this period, applicants can stay in Türkiye and wait for the card or leave the country and return on the day it is issued.
Submitting documents for citizenship
Only after obtaining a residence permit can an investor proceed to the next stage — submitting documents for citizenship.
Fast-track VIP process
From February 2026, investors can save time and not wait 10 days. Under the accelerated procedure, documents for citizenship are submitted on the same day as providing biometrics for the residence permit. Cost of the VIP service:
- $1,000 for the investor;
- $500 for each applicant.
Investors only need to come to Türkiye once for one day to complete all formalities. The passport can be collected at the consulate in the country of residence.
Vladlena Baranova,
Head of Legal & AML Compliance Department, CAMS, IMCM
The new procedure reduces applicants’ organisational costs. This is especially important for investors who are not ready to spend several days in Türkiye or travel again to complete the process.
How to obtain Turkish citizenship by investment
Investors can choose one of five investment options. The processing time for a passport is 8 months.
Purchase real estate
More than 90% of applicants choose to purchase real estate, as property prices in Türkiye grow by 15—25% per year. An apartment or a house can be used as a holiday home or rented out.
Turkish citizenship by real estate purchase is granted for an investment starting at $400,000. Commercial properties, and in some cases land plots, are also available for purchase.
Vladlena Baranova,
Head of Legal & AML Compliance Department, CAMS, IMCM
Real estate transactions in Türkiye are becoming more secure. From May 1st, 2026, a new payment system will come into force: the buyer will transfer funds not directly to the seller, but through the Land Registry system. The seller will receive the payment only after the transfer of ownership to the buyer.
Invest in business
In addition to purchasing real estate, foreigners can invest at least $500,000 in a bank deposit, government bonds, local companies, or investment fund units.
The investment under all options must be maintained for at least three years. After this period, investors can exit the investment, for example, sell the property and make a profit.
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