Turkey Citizenship by Investment

Real estate worth at least $400,000 USD must be purchased. It does not have to be a single property — multiple properties totaling this amount are also accepted. The value must be approved by a CMB-licensed valuation institution, payments must be made via bank transfer, and a Foreign Exchange Purchase Certificate (DAB) must be obtained.

Yes — after three years. A “not to be sold for 3 years” annotation is placed on the title deed records of the purchased property. Once that period ends, you can sell the property and keep your citizenship for life.

Once the qualifying investment is completed and documented (CMB-licensed valuation, bank transfer, DAB certificate), the process from application to passport delivery usually concludes between 3 and 6 months.

Yes. The program's other investment alternatives are: opening a deposit account in Turkish banks with a commitment to hold it for 3 years; purchasing government bonds or investment funds (also with a 3-year holding condition); or employing at least 50 Turkish citizens on a full-time basis.

The Turkish passport provides access to between 110 and 126 countries in total, visa-free or with visa on arrival. This includes visa-free or simplified entry to Asian financial hubs such as Japan, South Korea, Singapore, Malaysia, Indonesia and Hong Kong; almost the entire South American continent (Brazil, Argentina, Chile, Colombia, Peru and others) is visa-free for Turkish citizens for up to 90 days.

Yes, but a critical rule applies. The trade agreement between Turkey and the USA gives Turkish citizens access to the E-2 investor visa, which grants the right to establish a business and live in the USA, with a work permit for the spouse and education rights for the children; it is renewable and usually issued for 5 years. However, as of 2026, investors who obtained Turkish citizenship through investment (CBI) must prove they have physically resided in Turkey for at least 3 years before applying for the E-2 visa.

No. Since the amendment of 12 December 2023 (Presidential Decision No. 7938, OG 12.12.2023-32397), the property must hold a condominium title (kat mülkiyeti) or construction servitude (kat irtifakı), or be land with a building on it. Vacant land and farmland do not qualify even if they meet the USD 400,000 threshold.

Yes. A notarised preliminary sale contract (satış vaadi) for a property with condominium title or construction servitude also qualifies, provided at least USD 400,000 is paid in advance. The contract must be annotated in the land registry with an undertaking not to transfer or cancel it for three years (Regulation art. 20/2-b).

No. Under art. 20/10 of the Regulation, the foreign currency is sold to a bank operating in Türkiye and by that bank to the Central Bank before the transaction; in the deposit, government debt instrument and private pension routes the amount is then held in Turkish lira for three years. The three-year currency risk is the most commonly overlooked cost of these routes.