How Much Does It Cost to Get Turkish Citizenship?

1 day ago3 min read

Discover how much it costs to get Turkish citizenship, including investment options, fees, and benefits. Explore the best route for your second passport

Turkey has become an attractive destination for investors and expatriates seeking second citizenship. With its dynamic economy, rich culture, and strategic location, Turkey offers various pathways to citizenship. If you're wondering, "How much does it cost to get Turkish Citizenship? this guide will break down the investment options and other costs involved.

Investment Options: How Much Does It Cost to Get Turkish Citizenship?

To obtain Turkish citizenship by investment, applicants must choose one of the following investment routes to ascertain the Cost to Get Turkish Citizenship:

1. Purchase of Real Estate – $400,000+

Buying property in Turkey is the most popular route to citizenship. Investors must purchase real estate worth at least $400,000 and retain ownership for at least three years.

Benefits of the Real Estate Investment Route

You can rent out the property for additional income.
The real estate market in Turkey is growing, providing potential for appreciation.
No requirement to reside in Turkey.

2. Business Investment – $500,000+

Entrepreneurs can qualify for Turkish citizenship by investing at least $500,000 in a Turkish business or setting up a company that generates at least 50 jobs for Turkish citizens.

Why Choose the Business Investment Route?

A great option for business owners looking to expand in Turkey.
Potential for significant returns on investment.
Contributes to the Turkish economy and labor market.

3. Bank Deposit – $500,000+

Investors can deposit a minimum of $500,000 in a Turkish bank. The deposit must be maintained for at least three years.

Advantages of the Bank Deposit Option

Safe and stable investment.
No need to manage a business or real estate.
Interest earnings may provide additional benefits.

4. Purchase of Government Bonds – $500,000+

Applicants can invest $500,000 in Turkish government bonds and hold them for three years.

Why Invest in Government Bonds?

Low-risk investment backed by the government.
No requirement for active business involvement.
Potential for returns through bond interest.

5. Investment Fund Participation – $500,000+

Another route to citizenship is investing $500,000 in Turkish investment funds, particularly those focused on real estate or venture capital.

Key Benefits of Investment Funds

Access to diverse investment portfolios.
No need for direct management.
Potential for high returns depending on market performance.

Additional Costs Involved in Getting Turkish Citizenship

Legal and Processing Fees

In addition to the investment amount, applicants should budget for legal and administrative costs, including:

Lawyer fees – Typically range from $3,000 to $10,000.
Government application fees – Around $1,500 per applicant.
Translation and notarization fees – Approximately $500–$1,000.

Family Application Costs

If applying with family members, additional costs may include:

Spouse and children application fees.
Health insurance costs.
Residence permit fees before obtaining citizenship.

How Long Does It Take to Get Turkish Citizenship?

The Turkish Citizenship by Investment program is one of the fastest in the world. The process generally takes between 3 to 6 months, depending on the efficiency of documentation and background checks.