Turkey Citizenship by Investment Programme

Turkey launches its Citizenship by Investment Programme

Dr. Antoine Saliba Haig | Published on 18 Jan 2017

Turkey

Turkey has just made amendments to its citizenship laws to encourage investment, as per new regulations which have been published in the official government gazzette. The main aim of these amendments is to offer Turkish citizenship to foreigners in exchange of direct investment in the Turkish economy. This announcement comes at a time where the country battles a serious slide in the lira. 

Investment Options

Applicants can choose from any of the main investment routes with different amounts of investment mentioned below:

  • Purchase Real estate in Turkey worth a minimum $1 million with the special condition of not selling it for at least three years; or
  • Invest at least US $ 2 million in fixed capital; or
  • Deposit a minimum of $3 million in Turkish banks on condition of not withdrawing it for three years; or
  • Create at least 100 jobs in Turkey.

Turkey Passport Ranking

Turkish citizens enjoy visa-free or visa on arrival access to more than 104 countries and territories, ranking the Turkish passport 42nd in the world.

Contact us for more details

We will able to advise you and assist you in submitting an application under this programme once all details are agreed to and implemented in Turkish Law. Being the leading experts in Residency & Citizenship law, we at Chetcuti Cauchi will be able to assist investors once all details are finalised.



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Key Contacts

Dr Jean-Philippe Chetcuti

Senior Partner, Tax & Immigration

+356 22056411

Dr Priscilla Mifsud Parker

Senior Partner - Corporate, Tax & Immigration

+356 22056422

Dr Antoine Saliba Haig

Legal Associate

+356 22056446

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