Turkish Citizenship
by real estate investment
Secure your future
Our approach to the Citizenship by Investment (CBI) program is rooted in meticulous preparation and expert guidance. The Pera Property team includes an experienced legal team and financial advisors who are well-versed in Turkish investment and immigration regulations.
From the outset, we offer clients comprehensive consultations that cover every detail, allowing us to tailor our services to each individual’s needs and goals. We ensure that all investments are compliant with the program’s requirements, which is made seamless through our pre-approval process that gives clients clarity and confidence before making their investments.
Conditions to be met
Value
The assets must exceed $400,000.
Title
The assets must have its individual legal title.
Multiple Property
The assets can be one or more property and need not be within the same complex.
Valuation
The assets value must be confirmed by a surveyor registered with the authorities (SPK). Property sold by GYOs are exempt.
Legal charge
The property (ies) cannot be sold for at least three years – a charge is applied to the title(s).
Citizenship Benefits
Fast-track citizenship
Passport granted in 2-3 months.
Affordable second passport
Your alternative citizenship from just $400,000.
Visa-free travel worldwide
Access to 113 countries, including EU & UK
No residence requirements
No physical residency required with an option to obtain Turkish citizenship remotely.
Entire family are eligible
Including spouse and children up to 18 years of age.
Investment required only after approval
Complete investments after completing due diligence.
Short investment period
3 years if you invest in property.
Attractive tax regime
No tax on capital gain after five years.
Visa-free travel
Enjoy a hassle free process with Pera Property
Free consultation with our legal expert - pre approval
Our immigration lawyers will go through the process with you and advise you based on your circumstances.
Prepare your documents
We have a full list below, however our lawyer will give you a tailor made list. Some documents can take time to prepare for various reasons, so it is best to be prepared in advance.
Free consultation with our property expert
One of our directors will personally design a real estate investment package tailored to your specific needs.
Complete the investment
Our lawyers will ensure your three year “no sale” condition is applied legally, and your certificate of investment is prepared rapidly by the authorities.
Apply for your residence permit
Applicants must be present for the residence permit appointment and the biometrics.
Submit your citizenship application
Our lawyer will complete your citizenship application
- Identify and purchase the property;
- Pay for the property – the funds must be made available in Pounds Sterling, US Dollar, or Euros – and then exchanged via the Turkish central bank (DAB document);
- Notarise the contract if applicable – 3-4 days;
- Prepare and notarise PoA – one day;
- Expertise report – Can take up to three working days (or exempt if the property is sold by a GYO);
- Register the title – Can take up to 20 working days depending on the workload at the office. In most cases it is within one week;
- Register the charge. To prevent resale within 3 years. Can take up to 10 working days, but usually done within a week;
- Confirmation of the investment report. This is a report from the land registry to your solicitor to confirm your investment. Can take up to 20 working days in the extreme. Usually should take no more than one week.
- Application for residency. The investor and all applicants must apply, and it must be done in person with your solicitor.
- Application for citizenship. Once all the above is completed, the application is made.
Documents
A normal passport or a travel document.
If married. If divorced – divorce certificate. If never married, confirmation of single status.
If these are not available, an affidavit from the consulate confirming place and date of birth.
Passports and birth certicates
A temporary ID number issued by any Turkish tax office
Each asset must be independently valued by an SPK authorised surveyor
Along with a completed 3 year charge.
Once the assets have been purchased and legal charge applied, the registry office will write to your solicitor confirming the investment.
The following must be authenticated: Birth certificate, marriage certificate, divorce certificate, or certificate of single status. Contact us to find out how.
Benefits of Turkish citizenship
Turkish citizenship grants access to 113 countries.
New citizens are not required to live in the country.
New citizens are not required to take any language test.
The applicants partner is eligible and any children under the age of 18.
The Schengen visa is relatively easy to apply for with a Turkish passport.
UK access is available via the Ankara agreement which ends in 2021.
A full package
Frequently Asked Questions
The surveyor provides a report which must match or exceed the purchase price of the property. This is to ensure that the buyer and seller are carrying out a transaction in good faith. The ministry of urbanisation then verifies this report and confirms the value and purchase price. It must exceed $400,000.
The applicant and spouse (but not any children under 18) must visit Turkey to attend the residency application (where biometrics are taken), and then again on successful outcome of the application – in order to receive the Turkish ID and passport. Note the immigration office can only be attended by the applicant, or the applicant’s solicitor. The solicitor must be registered with the Turkish bar association.
Impossible. The purchase process usually takes 3-4 weeks in total. If a VAT exemption is involved, a further 2-3 weeks is need just for that process. Document preparation by the applicant usually takes 3-4 weeks. Even if documents are prepared well in advance, the application process itself can take 4 weeks approx. The assessment of the application takes a minimum of two months, and on average around 3 months. Expect to be granted citizenship after a minimum period of 3 months. In most cases, the citizenship is granted in around 6 months after the date of application.
This part of the process was introduced in February 2022. It requires international buyers to use Euros, Pounds Sterling, or US Dollars in transactions. The purchase price(s) must be exchanged to Turkish Lira via the central bank by the buyer or the seller. The Central bank then provides a purchase certificate, which must be presented to the land registry offices during the title (tapu) exchanges. This certificate is called the DAB.
Property transactions can now be backdated to 2017 provided all relevant payment receipts can be provided from the developer’s bank account.
Commercial property can be used as part of the application process.
The granting of the citizenship takes between four and six weeks once all documents have been submitted to the authorities.
Multiple properties can be purchased provided the total exceeds $250,000.
This rule changed in June 2021. The official exchange rate now used is the Turkish central bank rate (TCMB) published at 4pm one day before the funds are credited to the seller’s account. The date of the exchange of ownership (Tapu) is no longer used. The payment can only be made in USD, EUR, or GBP. This must then be exchanged for lira by the seller with the TCMB. The TCMB will then issue a currency certificate (the DAB). The amount exchanged must exceed $400,000.
Yes. As part of the application, you also are required to take a residence permit, which gives you the immediate right of employment in Turkey.
It can qualify subject to the ministry approval, and assuming you can provide all the backdated receipts for every single payment. The exchange rate used will be one day before the funds are credited to the seller’s account.
The ministry reserves the right to carry out a security check to ensure the applicant poses no threat to the Turkish public or national security.
Children under 18 will need to complete military service in Turkey as a Turkish national. However as a dual national, they qualify for exception, and can pay a fee instead of the military service.
No, they must make their own individual purchase.
No, they must make their own individual purchase.
Yes, new citizens do not need to give up their nationality, provided the original country also allows for dual nationality.
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