Options for Citizenship
Real Estate Investment
The most preferred method of investment to obtain Turkish citizenship by Investment is owning real estate. The reason makes this choice as the most preferred one is the high profit margin and lesser investment amount. When you rent your property, you can make up to %10 of the purchasing price as yearly rental return and when you decide to sell your property, you can make up to %40 profit yearly.
If you want to apply citizenship by your real estate investment, you need to own a property in Turkey worth minimum $250.000 and you need to keep your property for the first 3 years. Also, if you do not sell your property for minimum 5 years, you will not pay any income tax which is around %20 of the profit. For this reason, we suggest you consider keeping your investment for minimum 5 years.
Bank Deposit Investment
The second investment option for applying Turkish citizenship is depositing money in a Turkish bank. The profit will be lesser comparing to owning real estate option but if you want to go minimal to feel safer, you may choose this option, too.
If you want to apply citizenship by your bank deposit investment, you need to deposit minimum $500.000 in a Turkish bank, and you need to keep this money in your account for the first 3 years.
Funds & Bonds Investment
Another investment option to apply Turkish citizenship is investing $500.000 in investment funds such as venture capital investment trusts and real estate investment trusts which needs to be approved by Turkish Capital Markets Board or in treasury bonds issued by the Central Bank of Turkey from any bank.
If you want to apply citizenship by your funds & bonds investment, you need to invest $500.000 and keep your investment for the first 3 years.
Business Investment with Employment
The last investment option to apply Turkish citizenship is the business investment with 50 employees. It is the last preferred method of investment for citizenship because starting your business in Turkey with 50 people can be hard for you especially if you need less workers for your business. Rather than choosing this option, you may own a property and after you get your Turkish citizenship, you can start your business with the number of workers you need for your business.
If you want to apply citizenship by your business investment with employment, you need to start your business in Turkey with minimum 50 workers with the minimum wage and legal standards and you need to provide the necessary documentation to the Ministry of Labor for the first 3 years.