Turkey has a citizenship by investment program. One of the options is purchasing real estate for at least $400,000. This investment option is chosen by approximately 95% of program participants.
Turkey allows foreigners to buy any type of real estate: resale or new objects, residential or commercial properties, or land plots. However, citizenship applicants can’t buy properties that have already been used for participation in the program.
Turkey also has restrictions on real estate purchases for citizens of particular countries. For example, foreigners are prohibited from buying land plots with an area exceeding 30 hectares, or 300,000 m².
Examples of properties in Turkey
Investors can also choose other investment options under the Turkish citizenship program. The minimum investment amount for them is $500,000. To obtain a Turkish passport, an investor can:
open a deposit at a local bank;
buy government bonds;
buy investment fund shares;
start a business with a capital of at least $ 500,000 or create 50 jobs.
A Turkish passport gives investors the right to come to the country at any time, travel without a visa to 111 countries worldwide, and apply for an E‑2 business visa to the US.
Along with the second citizenship, investors get access to free medical care in public hospitals in Turkey and can send their children to public kindergartens and schools for free.
Immigrant Invest is a licensed agent of government programs in the European Union and the Caribbean. If you want to get Turkey citizenship, please consult the investment program experts.