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• Capital: Ankara
• Population: 85.8 million
• Area: 779,452 sq km (300,948 sq miles)
• Major language: Turkish (official), Kurdish
• Major religion: Islam
• Life expectancy: 72 years (men), 79 (women)
• Currency: Turkish Lira
• Exchange Rate (as of Nov 2023): US$ 1.00 = 28.33 TRL/TRY


Turkey’s citizenship by investment was announced in 2016to trigger foreign direct investment and improve its real estate sector. Under this program, the investors are free to decide on the various means they want to contribute to the Turkish economy. One of the most popular investment options in Turkey is real estate, which provides good returns on investment. The initial cost of the program was$1 million, which dropped to $250,000, and currently stands at $400,000.

Type of Program Citizenship by Investment
Type of Investment’s

1. Property Purchase:

2. Capital Investment

3. Funds Investment

4. Bank Deposit

5. Employment

Minimum Investment

Property Purchase:

Buy a property by investing USD 400,000 and hold the investment for 3 years.

Capital Investment

Invest $500,000 in Turkey and hold the investment for 3 years

Funds Investment

Invest $500,000 in Turkey funds or REITS and hold the investment for 3 years

Bank Deposit

Deposit $500,000 in a Turkish Bank and hold the investment for 3 years


Create jobs for at least 50 people and provide them with social security for a minimum of 3 years

Dual Nationality Permitted Yes
Minimum Stay No
Capital Gains Tax 15 – 35%
Personal Income Tax (Non-residents) 15-35%
Corporate Tax 20%
Property Tax One Time Stamp Duty @4.4%. Annual Property Tax @0.6 -1%p.a.
Processing Time 2-3 Months
Passport Validity The first passport issued has a 5 year validity to ensure the applicant meets the 5 day residency for renewal & oath-taking. Thereafter, a 10-year passport is issued.
Restricted Nationalities Syria
Visa Free Travel 116 Countries


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