Introduction

In recent years, the Turkish Citizenship by Investment Program through real estate has become one of the most attractive options for foreign investors. Thanks to streamlined procedures and a range of government-backed benefits, purchasing property in Turkey has emerged as an effective pathway to acquiring a powerful passport that unlocks access to residence, work, and education in one of the most stable and fast-developing countries.

What is the Turkish Citizenship by Real Estate Investment Program?

Turkey grants citizenship to foreign investors who purchase real estate worth at least $400,000, with the condition that the property is not sold for three years. Initially, the minimum investment requirement was $1 million, which was reduced to $250,000 in 2018 to attract more investors, then increased to $400,000 in 2022 due to high demand.

Requirements for Obtaining Turkish Citizenship through Real Estate Investment

• Purchase residential or commercial property worth no less than $400,000.
• Register the property under the investor’s name in the Land Registry (Tapu).
• Commit to not selling the property for at least three years (recorded as a legal annotation in the registry).
• Transfer the payment from the investor’s bank account in Turkey.
• Obtain a property valuation report from a government-approved appraisal firm.
• The investor must not have a criminal record internationally.
• The property’s valuation report must be recent, no older than 3 months.
• The property must not have been used previously for citizenship applications.

Benefits of Acquiring Turkish Citizenship via Real Estate Investment

• Citizenship for the entire family: Includes the spouse and children under 18.
• Strong Turkish passport: Allows visa-free or visa-on-arrival access to over 110 countries worldwide.
• No prior residence required: No obligation to live in Turkey before or after obtaining citizenship.
• Dual citizenship allowed: Turkey does not require renunciation of your original nationality.
• Profitable investment: Properties can be rented out during the 3-year hold period, offering attractive rental yields.
• Seamless integration: Enables you to open businesses, enroll in Turkish schools, and obtain health insurance.
• Access to a growing economy: Owning property gives you a foothold in a dynamic market supported by modern infrastructure.
• Flexible property use: You can live in the property, use it as an office, or develop it into a commercial space.

Application Steps for Turkish Citizenship through Real Estate

• Choose a qualifying property: Preferably a newly registered project with a certified appraisal equal to or above $400,000.
• Open a Turkish bank account and transfer funds: The investment must come directly from the investor’s personal account.
• Execute the sales contract and register the property: This must be notarized and officially recorded in the Land Registry.
• Apply for a Certificate of Conformity from the Ministry of Environment and Urban Planning.
• Obtain a short-term residence permit prior to applying for citizenship.
• Submit the citizenship application via the Directorate of Population and Citizenship Affairs, usually with legal support.
• Processing time: The application is typically processed within 3 to 6 months, assuming all documents are in order.

Who Benefits Most from This Program?

Investors from Middle Eastern countries—especially Iraq, Iran, Yemen, Syria, Palestine, and Egypt—make up a significant portion of applicants, drawn by the program's simplicity and the strength of the Turkish passport relative to their own. Moreover, there is growing interest from investors in Russia, China, Pakistan, and Afghanistan, driven by geopolitical and economic challenges at home.

Important Legal Notes

• Investors may appoint a legal representative through a power of attorney to handle all procedures on their behalf.
• It is highly recommended to work with an authorized lawyer specialized in citizenship matters to ensure a smooth process.
• All transactions must be conducted in Turkish Lira, in compliance with Central Bank regulations. Currency conversions must occur through licensed Turkish banks.

Frequently Asked Questions (FAQ)

Can I sell the property after receiving citizenship?

Yes, but only after three years from the date of official registration.

Can I purchase multiple properties to meet the $400,000 threshold?

Yes, multiple properties are allowed, provided they are all part of the same application and the total value meets the requirement.

Are installment-based properties accepted?

Only if the full payment is made and transferred from abroad before the citizenship application is submitted.

Are children over 18 included?

No, only children under 18 are eligible. Adult children must apply independently.

Can I apply for permanent residency later?

Yes, after obtaining Turkish citizenship, you are entitled to permanent residence without needing additional permits.

Can I apply for citizenship with an under-construction property?

Yes, provided the amount already paid meets or exceeds the minimum requirement, and all payments are properly documented.

Conclusion

The Turkish Citizenship by Real Estate Investment Program is one of the most cost-effective and efficient programs globally. With Turkey’s growing appeal to international investors, it presents a valuable opportunity for those seeking both a strong passport and a lucrative investment. Whether you aim to diversify your assets or secure a better future for your family, Turkey might just be your next smart move.