faqs
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Got further questions? We're here to help! We've gathered the top 100 most Googled Citizenship by Investment questions & answered them.
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Country: Turkey
Capital: Ankara
Population: 85M
Language: Turkish
Timezone: GMT+3
Currency: Turkish Lira (TRY)
Program Started: 2017
Turkey, a pivotal bridge between Europe and Asia, launched its Citizenship by Investment Programme in 2017 to attract foreign capital and boost the real-estate and financial sectors. The country combines a Mediterranean lifestyle with a robust, well-connected transport network linking global markets.
Investors who contribute from USD 400,000 gain a swift route to second citizenship, backed by a transparent legal framework and minimal bureaucracy. Ankara is the political centre, yet Istanbul remains Turkey’s commercial heartbeat—an international hub renowned for culture, healthcare, and world-class infrastructure.
Successful applicants enjoy visa-free or visa-on-arrival access to 110+ destinations, no physical residency requirement, and favourable taxation that exempts worldwide income.
Turkey offers a direct, streamlined route to citizenship with approvals issued in roughly 6–8 months. Once the qualifying investment is completed and due-diligence cleared, applicants and included family members receive full Turkish citizenship and passports—no interim residency stage required.
There are zero physical-stay obligations before, during, or after the process, and Turkey recognises dual citizenship, so investors retain existing nationalities. After citizenship is granted, holders may apply for a U.S. E-2 Investor Visa once domiciled in Turkey for three years, opening access to a five-year, renewable residency in the United States.
Turkey provides 7 government-approved investment routes:
Real Estate — Purchase property worth at least USD 400,000 held three years.
Investment Fund — Commit USD 500,000 into a real-estate or venture-capital fund.
Bank Deposit — Place USD 500,000 in a Turkish bank for three years.
Fixed Capital — Invest USD 500,000 in tangible assets approved by the Ministry of Industry and Technology.
Government Bonds — Acquire USD 500,000 in Turkish government bonds for three years.
Private Pension System — Contribute USD 500,000 into a pension fund, held at least three years.
Job Creation — Create employment for 50+ people, certified by the Ministry of Labour.
All investments must be executed in Turkish Lira (USD equivalent). Free From Borders vets each option, coordinates bank setup, and oversees property or fund transfers, ensuring regulatory compliance and timely filing.
The Turkish CBI programme imposes no annual physical-stay requirement—ideal for globally mobile investors.
Eligibility criteria are straightforward: applicants must be 18 years or older, hold a clean criminal record, pass enhanced due-diligence checks, and demonstrate legal source of funds.
The application can include a spouse, dependent children, and parents. There is no education, language, or management-experience requirement. Investments must remain in place for at least three years; otherwise, citizenship may be revoked.
Gift and inheritance taxes apply to worldwide assets held by Turkish citizens, so professional estate planning is advised. Free From Borders handles onboarding, document translation, notarisation, and government liaison, ensuring every compliance box is ticked.
Turkey follows the 183-day rule for personal tax residency. Citizens who spend fewer than 183 days per calendar year in Turkey are classified as non-resident and are not taxed on foreign-source income, capital gains, or inheritances.
Local income—such as Turkish rental returns or interest—remains taxable under progressive rates. Corporate income tax is 20 %; VAT ranges from 1 % to 20 %. Property owners pay modest annual municipal taxes. Note that Turkish inheritance and gift taxes apply globally once tax-resident, so high-net-worth families should structure assets accordingly.
Double-tax treaties with 80+ countries help avoid double taxation. Free From Borders partners with Turkish tax advisors to craft efficient holding structures, ensuring compliance while preserving global wealth.
Got further questions? We're here to help! We've gathered the top 100 most Googled Citizenship by Investment questions & answered them.
Click below to access our full FAQ page and get the answers you need.
Onboarding → due diligence → bank account setup → qualifying investment → residence permit filing → biometrics trip → citizenship approval in 8–12 months → passport issuance.
Yes. Turkey permits dual citizenship; you keep your original passport with no need to renounce, and there is no residency requirement to maintain Turkish citizenship.
However, keep in mind that not all countries permit dual citizenship, and your country of current citizenship may not allow you to acquire citizenship elsewhere. If your country does not allow it, the only way to hold multiple passports would be to renounce your existing citizenship.
The programme is governed by Article 20 of the Turkish Citizenship Law No. 5901 and the Regulation on the Implementation of Turkish Citizenship Law (amended January 2017).
At present, the Turkish passport offers visa-free, visa-on-arrival, or ETA access to the countries listed below. Please note that these are subject to frequent changes and may be updated periodically.
Albania, Angola, Antigua and Barbuda, Argentina, Azerbaijan, Bahamas, Bangladesh, Barbados, Belarus, Belize, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Chile, Colombia, Comoros, Costa Rica, Dominica, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eswatini, Fiji, Gambia, Georgia, Guatemala, Haiti, Honduras, Hong Kong, Iran, Jamaica, Japan, Jordan, Kazakhstan, Kosovo, Kyrgyzstan, Lebanon, Macao, Malaysia, Maldives, Marshall Islands, Mauritius, Micronesia, Moldova, Mongolia, Montenegro, Morocco, Nicaragua, North Macedonia, Palau, Panama, Paraguay, Peru, Philippines, Qatar, Saint Lucia, Samoa, Sao Tome and Principe, Senegal, Serbia, Singapore, Somalia, South Africa, St. Vincent and the Grenadines, Sudan, Syria, Thailand, Timor-Leste, Tonga, Trinidad and Tobago, Tunisia, Tuvalu, Ukraine, Uruguay, Uzbekistan, Vanuatu, Venezuela, Zambia.
We advise consulting with your Free From Borders advisor for the most up-to-date information at the time of your application. We are not responsible for any changes to the above that occur during or after your application is completed, as these changes are beyond our control and at the discretion of foreign governments' border policies.
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