The minimum real estate investment requirement is $400,000 for the Turkish Citizenship by Investment. If you apply with bank deposit option, the minimum investment should be more than $500,000 in order to apply for citizenship in Turkey.
In real estate investment option, a foreigner can buy one or multiple properties and the combined value of all properties must pass 400,000 USD in order to be eligible for the Turkish citizenship. However, two foreigners can’t apply from the same property even if their individual shares are above $400,000. Below are some sample cases for the Turkish Citizenship by Investment options:
1. Buying one property at $400,000 makes you eligible for Turkish citizenship.
2. Buying one property at $250,000 and another property at $150,000 makes you eligible for citizenship.
3. Buying 50% share of a $800,000 worth property makes only one applicant eligible for the citizenship. The other shareholder can’t apply for citizenship if one shareholder already applied.
Bank deposit option for the acquisition of Turkish citizenship requires $500,000 investment. Foreigners open bank account in Turkey. Then, they transfer that money from abroad with SWIFT transfer to Turkey. This money is converted to Turkish Lira. Following that conversion, foreigner can earn Turkish Lira interest rate or they can use pension funds to invest their amount in Gold, Stock Exchange and other financial instruments.
Both investments have to be hold for 3 years. If you hold your investment less than 3 years, then your Turkish citizenship will be cancelled.
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