Obtaining Turkish residency and citizenship

Ways to obtain Turkish citizenship

Obtaining Turkish citizenship through investment

If you are looking to obtain Turkish citizenship based on investment, you should do the following in order: In the first step, you need to open a bank account in the name of the property buyer or investor in one of the reputable banks in Turkey. In making an investment, you can use one of the following methods: investing through the purchase of property; cash deposit; purchasing government bonds; establishing a company, etc.

The fixed capital amount for investment or deposit for foreigners to obtain Turkish citizenship is $500,000, while previously this amount was $200,000. If you want to obtain citizenship through the purchase of property, the amount announced by the Turkish government is $400,000, which in previous years was $250,000.
The employment limit for Turkish citizens has also been reduced from 100 to 50, which must be approved by the Turkish Ministry of Labor and Social Security.

Also note that your deposit must be made in a bank located in Turkey that is approved by the Banking Supervision and Regulation Authority. And you as an investor cannot withdraw your deposit from the bank for at least three years. Also, according to the new laws adopted in 2022, investment in the bank must be made in lira, meaning the equivalent of $500,000 must be converted into lira with the Central Bank of Turkey and then placed in the account.

If you purchase government bonds worth $500,000, these bonds must be approved by the Turkish Treasury Department and you are not allowed to transfer or sell the bonds to anyone else for 3 years.
When you purchase property to obtain Turkish citizenship, you should keep in mind that you are not allowed to sell the property for 3 years, and this point is also mentioned in the property deed.
Medica Global, relying on its team of professional lawyers, has completed many successful cases in obtaining Turkish citizenship.

Obtaining annual residence in Türkiye

Annual residency in Türkiye can be done in three ways:
1- Obtaining residency through student status and registering at the university
2- Purchase of property worth $75,000 in big cities and $50,000 in small cities
3- Registering a company and starting a personal business by hiring at least 5 Turkish workers and obtaining a work permit or Chalishma Isni.

Contact us for more information.