Turkish Citizenship by Fixed Capital Investment
Make a fixed capital investment of at least USD 500,000 in Turkey, certified by the Ministry of Industry and Technology, and apply for Turkish citizenship for you and your family.
In short
Foreign investors can acquire Turkish citizenship by making a fixed capital investment of at least USD 500,000, or the equivalent in foreign currency, in Turkey. The Ministry of Industry and Technology assesses and certifies the investment. The route suits investors who are building or expanding a business in Turkey; we advise and coordinate, and the company formation and accounting work is done by licensed professionals.
By Burak Ünal, licensed real estate broker · Updated
Key facts (as of October 2026)
- Minimum amount
- A fixed capital investment of at least USD 500,000, or the equivalent in foreign currencySource: NVİ, nvi.gov.tr (opens in a new tab)
- Certifying authority
- Ministry of Industry and TechnologySource: NVİ, nvi.gov.tr (opens in a new tab)
- Holding period
- The 3-year holding rule of the real estate and financial routes is not listed for this routeSource: NVİ, nvi.gov.tr (opens in a new tab)
- Currency
- Foreign currency sold to a bank in Turkey and on to the Central Bank (TCMB), with a Foreign Exchange Purchase Certificate (DAB), before the investmentSource: NVİ, nvi.gov.tr (opens in a new tab)
- Company capital
- If you set up a company: minimum share capital TRY 50,000 (Ltd. Şti.) or TRY 250,000 (A.Ş.)Source: Resmî Gazete, resmigazete.gov.tr (opens in a new tab)
Each figure links to its official source. Rules change, so we confirm the current position before you act.
Who it is for
- Business owners building or expanding an operation in Turkey
- Companies investing at least USD 500,000 in productive assets in Turkey
- Investors who want their investment to work in a business rather than sit in a deposit
- Families who want one investment to cover the investor's spouse and children
How the fixed capital route works
The fixed capital investment route is one of the seven investment routes to Turkish citizenship under Article 12/1-b of Turkish Citizenship Law No. 5901 and Article 20 of its implementing regulation. It is the route for investors who put money into productive assets in Turkey, such as a facility, machinery or equipment for a business, rather than into a deposit, a fund or a home. The investment must reach at least USD 500,000, or the equivalent in foreign currency, and the Ministry of Industry and Technology assesses and certifies it.
As on every route, the foreign currency is first sold to a bank in Turkey and on to the Central Bank (TCMB), and a Foreign Exchange Purchase Certificate (DAB) is issued before the investment. The conditions of this route are set out in the regulation as reported by law firms and the press; we did not find them on an official web page in October 2026, so we confirm them with the Ministry for your project before any money moves.
Who it suits
The route fits business owners and companies that are building or expanding an operation in Turkey and would make the investment anyway. It is not a passive investment: the money goes into a business, and the Ministry looks at the investment itself, not only at a bank balance. For investors who mainly want citizenship with a passive asset, the real estate route or one of the financial routes may be simpler.
Conditions
- Amount: a fixed capital investment of at least USD 500,000, or the equivalent in foreign currency.
- Currency: foreign currency sold to a bank in Turkey with a DAB before the investment.
- Certification: the Ministry of Industry and Technology.
- Holding period: the 3-year holding rule of the real estate and financial routes is not listed for this route; the Ministry's assessment of the investment is decisive.
Setting up the company
If you make the investment through a company in Turkey, foreigners can set up a limited company (Ltd. Şti.), with 1 to 50 partners and a minimum share capital of TRY 50,000, or a joint-stock company (A.Ş.), which can have a single shareholder and needs a minimum share capital of TRY 250,000. Existing companies below these amounts must raise their capital by 31 December 2026.
We provide management consulting, advisory and coordination for foreigners setting up a company in Turkey: the choice of company form, the investment plan and the order of the steps. We do not set up companies ourselves and we do not provide accounting services; the company formation filings and the bookkeeping are done by licensed professionals, whom we coordinate with you. See our business consulting for foreign companies.
Timeline
No official processing time is published, and no timeframe can be guaranteed. The investment itself takes as long as the project: buying or building the assets, and documenting them for the Ministry. After the Ministry's certificate, the stages are the same as on every route: a residence permit in a few weeks, then the citizenship application, for which advisers commonly report about 3 to 6 months to the decision for a complete file. See the process, documents and timeline.
Holding period and exit
No 3-year holding rule is listed for this route in the regulation as reported. The investment is in a business, so the exit is a business decision: selling the assets or the company is governed by the company's own situation and by Turkish company and tax law. We plan it with you and your accountant at the start.
Family members
The investor's spouse and children can apply on the same investment. We confirm which children can be included for your case before the file is prepared. See family members.
Costs
The costs depend on the project: company formation, notary and registry costs, the assets themselves, and the taxes that apply to them. The general corporate tax rate is 25% for 2025 and 2026 (30% for financial-sector companies); from the 2027 tax period, earnings exclusively from qualifying manufacturing are taxed at 12.5%. Check your project with a licensed accountant or tax adviser. Our fees are not published: contact us for fees, questions and service scope.
Risks and common mistakes
- Investing before confirming with the Ministry that the type of investment qualifies.
- Spending part of the amount in a way that cannot be documented as fixed capital.
- Choosing a company form without a plan for partners, capital and future financing.
- Bringing money in without the currency sale and the DAB as the rules require.
- Treating the route as passive: it needs a real business plan and the people to run it.
Related routes and services
- Employment (50 jobs): the other business route, measured in jobs.
- Work permits for the foreign staff of your company in Turkey.
- Business consulting for foreign companies
- Our guide to Turkish citizenship through a company.
Book a consultation or message us on WhatsApp: tell us about your project and we will tell you how the fixed capital route would apply to it.
How the process works
Route and project check
We look at your project and confirm with the Ministry how the fixed capital route would apply to it before any money moves.
Company and structure
We advise on the company form and the investment plan, and coordinate with licensed professionals who set up the company and keep the accounts.
Currency sale and investment
Your foreign currency is sold to a bank in Turkey with a DAB, and the investment is made and documented.
Ministry certificate and residence permit
The Ministry of Industry and Technology assesses and certifies the investment, and a residence permit is obtained.
Citizenship application
The application is filed for you and the family members included; security checks run and a Presidential decision follows. No timeframe can be guaranteed.
Documents checklist
- Foreign Exchange Purchase Certificate (DAB) for the converted amount
- Records of the investment requested by the Ministry of Industry and Technology: we confirm the current list for your project
- Company documents, if the investment is made through a company in Turkey
- Personal and family documents (identity, civil status, family relationship): we confirm the current list for your case
Your full list depends on your situation; we prepare it with you.
Updated
The information on this page is general and is not legal, tax or investment advice. Rules, amounts and procedures change; contact us to confirm the current requirements before you act.
Frequently asked questions
What is the minimum fixed capital investment?
At least USD 500,000, or the equivalent in foreign currency, assessed and certified by the Ministry of Industry and Technology.
Is there a 3-year holding period?
The 3-year holding rule of the real estate and financial routes is not listed for this route. The Ministry's assessment of the investment is decisive, and we confirm the current conditions for your project.
Do you set up the company?
We provide management consulting, advisory and coordination. The company formation filings and the accounting are done by licensed professionals, whom we coordinate with you.
What is the difference from the employment route?
The fixed capital route is measured in money (at least USD 500,000 of fixed capital); the employment route is measured in jobs (at least 50 people).
Which company form should I choose?
A limited company (Ltd. Şti.) has 1 to 50 partners and a minimum capital of TRY 50,000; a joint-stock company (A.Ş.) can have a single shareholder and needs TRY 250,000. The right form depends on your partners and plans.
Can my spouse and children be included?
Yes. The investor's spouse and children can apply on the same investment, so the amount does not change with the size of the family. We confirm which children can be included for your case before the file is prepared.
Related services
- Employment (50 Jobs)Employment for at least 50 people in Turkey, evaluated by the Ministry of Labour and Social Security (ÇSGB).
- Management Consulting in TurkeyAdvisory, management consulting and coordination for foreigners setting up a company in Turkey.
- Turkish Work PermitWork permits for foreigners employed by a company in Turkey.
- Process, Documents and TimelineThe stages from the first check to the passport, the documents and the indicative timeline for every route.
Other citizenship routes
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