How much is Turkish citizenship by investment?

USD 400,000 in real estate held for three years is the most common route. Alternatives include a USD 500,000 fixed capital investment or bank deposit, or employing 50 people.

How long does Turkish citizenship take?

Typically four to eight months from a completed property purchase and application, including family members.

Does Turkish citizenship give EU access?

No. Turkey is not an EU member. It does give visa-free or visa-on-arrival access to around 110 countries and eligibility for the US E-2 investor visa.

Jurisdiction · Europe

Turkey

Manufacturing and trade gateway with a fast citizenship-by-investment route.

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Overview

Turkey bridges Europe, the Middle East and Central Asia, with a large domestic market, a customs union with the EU and a manufacturing base that has absorbed significant nearshoring. Company formation is quick and foreign ownership is unrestricted.

Its most-used feature internationally is citizenship by investment: a USD 400,000 property purchase held for three years leads to a Turkish passport for the whole family, typically within four to eight months. That passport is also the gateway to the US E-2 investor visa.

Typical use-cases

Where Turkey fits

Manufacturing and trade
Citizenship by investment
Regional headquarters

Banking

Banking landscape

Garanti BBVA, İş Bankası, Akbank and Yapı Kredi serve corporate and personal clients, with dedicated foreign-investor desks. Account opening requires a tax number and, for companies, notarised and apostilled corporate documents. Currency volatility makes multi-currency accounts essential.

Tax

Tax & reporting

25% corporate income tax, higher for financial institutions. 10% withholding on dividends. Personal income tax is progressive to 40%. Free zones offer corporate tax exemptions on export income. VAT is 20% standard. Inflation accounting rules apply and require competent local advisers.

Substance

Substance & register visibility

Company data is publicly filed through the Trade Registry Gazette. Citizenship by investment requires the qualifying investment to be maintained for three years, verified by the relevant ministry. Turkey participates in CRS. Real substance is straightforward to establish given the availability of local staff and premises.

Decision

When to pick this jurisdiction

Pick Turkey for manufacturing, sourcing and regional trade, for a family seeking a fast second citizenship at a moderate investment level, or as a stepping stone to the US E-2 visa.

The director's view

Written up as a comparative shortlist.

Every Turkey recommendation is delivered as a comparative memorandum — substance defensibility, banking access, treaty coverage, register visibility, cost to maintain and reputational risk — so the client can see the trade-offs before committing.

Next step

Considering Turkey? Get a written comparison first.

Answer six questions and a director will come back with a shortlist, indicative costs and banking route.

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Frequently asked

Questions we hear on every Turkey intake.

How much is Turkish citizenship by investment?: USD 400,000 in real estate held for three years is the most common route. Alternatives include a USD 500,000 fixed capital investment or bank deposit, or employing 50 people.
How long does Turkish citizenship take?: Typically four to eight months from a completed property purchase and application, including family members.
Does Turkish citizenship give EU access?: No. Turkey is not an EU member. It does give visa-free or visa-on-arrival access to around 110 countries and eligibility for the US E-2 investor visa.

Relevant services