- Seek guidance from The Elite Passport’s client advisors.
- Undertake The Elite Passport’s due diligence verification.
- Enroll the client and complete the payment of retainer fees.
About Türkiye
Turkey is a captivating nation straddling two continents, Europe and Asia, boasting a rich tapestry of cultures, histories, and natural wonders. Its cultural mosaic reflects a legacy shaped by the Greek, Roman, Byzantine, and Ottoman empires, alongside a vibrant contemporary scene encompassing art, cuisine, and nightlife.
The Turkish economy ranks as the 19th largest globally, supported by a diverse array of industries spanning textiles, automotive manufacturing, electronics, and agriculture. Turkey's membership in prestigious international organizations like the United Nations, NATO, and the OECD bestows upon its passport holders significant advantages, including visa-free access to over 100 countries, facilitating seamless global travel and the potential for residency in a stable and prosperous nation.
- Capital: Ankara
- Currency: Turkish Lira (TL)
- Current Population (2020): 84.34 million
Türkiye Citizenship By Investment
To acquire Turkish citizenship, individuals must opt for one of the following program pathways:
- Real Estate Development Program: This route necessitates a minimum investment of USD 400,000 in real estate, which can be either commercial or residential.
- Cash Investment Program: Applicants can choose this option by making a minimum fixed capital investment of USD 500,000 or its equivalent in foreign currency or Turkish lira, validated by the Ministry of Industry and Technology. Alternatively, they can deposit at least USD 500,000 or its equivalent in foreign currency or Turkish lira into banks operating within Turkey, with the condition of not withdrawing the deposited amount for a minimum of three years.
- Company Set-Up Program: This program mandates the creation of a minimum of 50 jobs, validated by the Ministry of Family, Labor, and Social Services.
Benefits of Türkiye Citizenship By Investment
Turkish citizens enjoy visa-free or visa-on-arrival access to 111 countries and territories globally, which includes destinations like Brazil, Singapore, and Hong Kong.
Turkish passport holders are eligible to apply for an E-2 Investor Visa in the United States of America.
The applicant's family members, including their spouse, parents, and children up to 18 years old, can qualify as dependents for the residence card.
Visa-Free Countries
A Turkish passport allows its citizens to travel visa-free or with a visa-on-arrival to over 111 countries and territories in the world. This includes Brazil, Hong Kong and Singapore.
As per the Global Passport Index ranking, the Turkish passport is the 20th strongest passport in the world. Once the applicants receive their Turkish citizenship, it will be possible for them to apply for a United States E-2 investor visa.
Programme Requirements
Applicant must be at least 18 years of age.
Applicant must have no criminal record.
Applicant must successfully pass due diligence checks.
Good health record: Applicant must be in good health.
Application Process
The application process is simple and typically spans a period of up to 6 months from commencement to the acquisition of citizenship documents. This process can be broken down into several key stages:
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1 - Assessment & Onboarding
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2 - Application Submission
- The client travels to Turkey.
- Fulfillment of real estate acquisition requirements initiates the legal process, and a bank account is established.
- Obtain a Türkiye residence permit.
- Prepare necessary documents and submit the application for Turkish citizenship.
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3 - Document & Application Processing
- The application undergoes processing and is subsequently approved.
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4 - Approval & Passport Handover
- Citizenship documents for Turkey are issued.
- An application for a Turkish passport is submitted.
- The passport is handed over to the client by advisors from The Elite Passport.
Costs of Türkiye Citizenship
Applicants need to invest in one or more properties in Turkey in order to qualify for Turkish Citizenship by Investment Program.
There are three stages of the Citizenship by Investment Program, which are:
- Purchase of real estate
- Acquiring a residence permit
- Receiving the passport
Stage 1: – Purchase of Real Estate
Foreign individuals who fulfil the conditions set forth by the government need to invest a minimum amount in one or more properties in Turkey in order to apply for Turkish citizenship. However, there are other costs involved in the process as well.
- Minimum required investment: USD 400,000
- Official Transfer, Utility connection and Stamp fee: USD 800
- Land Registry fee:2 % of the purchase price
- Property Valuation Report: USD 350
Stage 2: Acquiring a residence permit
The investor will receive the title deed upon the completion of the real estate transaction. A ‘Certificate of Conformity’ will be prepared by the Land Registry Office. This certifies that the investment complies with the law and fulfils all the necessary requirements. Once done, the investor can apply for a residence permit. The investor can renew the permit until the completion of the citizenship process.
- Visa fee per person: USD 100 (approx.)
- Residence Permit Fee per person: USD 20 (approx.)
- Minimum Investment: Minimum Investment:USD 175,000
Stage 3: Receiving passports
Once the residence permit is received, the investor and his family can apply for citizenship. This must be done at the Civil Registration and Nationality office.
- Application fee: USD 276
The only other costs you will incur are our professional fees, official application forms, certification of citizenship and passport, courier & other disbursements. Please enquire for a full itemized quotation, including all expenses.