What investment option or options qualify?
This is the exceptional acquisition of Turkish citizenship by investment under Article 12 of Law No. 5901, as amended on 28 July 2016. The Investment Office lists seven qualifying options: a minimum fixed capital investment of USD 500,000; acquiring a property worth a minimum of USD 400,000 with a title deed restriction on resale for at least three years; creating jobs for at least 50 people; depositing a minimum of USD 500,000 in banks operating in Türkiye; buying government bonds worth a minimum of USD 500,000; buying real estate investment fund or venture capital investment fund shares worth a minimum of USD 500,000; and depositing a minimum contribution of USD 500,000 in private pension funds. Foreigners holding the Turquoise Card may also acquire citizenship on the same legal basis.
See recorded sources
- Acquiring Property and Citizenship, Invest in Türkiye (Presidency Investment Office)
Exceptional Acquisition of Citizenship
- Acquiring Property and Citizenship, Invest in Türkiye (Presidency Investment Office)
With (b) prepended to the first paragraph of Article 12 of the Law No. 5901 promulgated on July 28, 2016;
- Acquiring Property and Citizenship, Invest in Türkiye (Presidency Investment Office)
Scope and amounts determined as per the new regulations published in the Official Gazette on September 18, 2018 are defined below. Foreigners who meet any of the following criteria may be eligible for Turkish citizenship, subject to the decision of the President of the Republic of Türkiye:
- Acquiring Property and Citizenship, Invest in Türkiye (Presidency Investment Office)
Making a minimum fixed capital investment of USD 500,000 or equivalent foreign currency, as attested by the Ministry of Industry and Technology
- Acquiring Property and Citizenship, Invest in Türkiye (Presidency Investment Office)
Acquiring a property worth a minimum of USD 400,000 or equivalent foreign currency with a title deed restriction on its resale for at least three years, as attested by the Ministry of Environment, Urbanization and Climate Change
- Acquiring Property and Citizenship, Invest in Türkiye (Presidency Investment Office)
Creating jobs for at least 50 people, as attested by the Ministry of Labor and Social Security
- Acquiring Property and Citizenship, Invest in Türkiye (Presidency Investment Office)
Depositing a minimum of USD 500,000 or equivalent foreign currency in banks operating in Türkiye with the condition that it is not withdrawn for at least three years, as attested by the Banking Regulation and Supervision Agency
- Acquiring Property and Citizenship, Invest in Türkiye (Presidency Investment Office)
Buying government bonds worth a minimum of USD 500,000 or equivalent foreign currency with the condition that they are not sold for at least three years, as attested by the Ministry of Treasury and Finance
- Acquiring Property and Citizenship, Invest in Türkiye (Presidency Investment Office)
Buying real estate investment fund shares or venture capital investment fund shares worth a minimum of USD 500,000 or equivalent foreign currency with the condition that they are not sold for at least three years, as attested by the Capital Markets Board of Türkiye
- Acquiring Property and Citizenship, Invest in Türkiye (Presidency Investment Office)
Depositing a minimum contribution of USD 500,000 or equivalent foreign currency in funds determined by the Insurance and Private Pension Regulation and Supervision Agency with the condition that it remains in the private pension system for at least three years
- Acquiring Property and Citizenship, Invest in Türkiye (Presidency Investment Office)
Foreigners holding the Turquoise Card
