The requirements for obtaining Turkish citizenship through investment are outlined in Article 20 of the Regulation on the Implementation of the Turkish Citizenship Law. According to this regulation, foreigners who make investments as specified and their spouses, minor children, or dependent children are eligible for Turkish citizenship.

To acquire Turkish citizenship through investment, three main conditions must be fulfilled:

  • Obtaining a Investment Eligibility Certificate by making investments as specified in the regulation.
  • Obtaining a short-term residence permit.
  • Applying to the relevant institution for citizenship.

Individuals who meet all three conditions can become Turkish citizens by the decision of the President.

1. Obtaining a Investment Eligibility Certificate

The first condition involves obtaining an Investment Eligibility Certificate by investing in amounts specified in the regulation. The regulation outlines seven different types of investments, with the scope and amounts determined by the President. The current investment amounts are as follows:

  • Deposit at least USD 500,000 into a Turkish bank account
  • Acquire at least USD 400,000 worth of real estate
  • Invest a minimum of USD 500,000 in fixed capital contributions
  • Commit at least USD 500,000 into government bonds
  • Commit at least USD 500,000 into real estate investment fund share or venture capital investment fund share
  • Commit at least USD 500,000 into a private pension system for a minimum holding period of three years
  • Create jobs for at least 50 people, as attested by the Ministry of Family, Labour and Social Services

2. Obtaining a Short-Term Residence Permit

To become a Turkish citizen through investment, the second step is to obtain a short-term residence permit under Article 31/1(j) of Law No. 6458 on Foreigners and International Protection. The conditions for obtaining this permit are detailed in Article 32 of the same law.

According to this;

  • Make a request citing one or more reasons for short-term residence permit and submit relevant information and documents. (These reasons include those who will invest, own real estate in Turkey, stay for tourism purposes, receive treatment etc.)
  • Have housing conditions that comply with general health and safety standards.
  • If requested, submit a document showing the criminal record issued by the competent authorities of the country of which the person is a citizen or legally resides.
  • Not be among the foreigners who are not allowed to enter Turkey. (This includes those without a passport or visa, those unable to justify their purpose of entering Turkey, and those who do not accept payment of receivables arising from previous visa or residence permit violations etc.)
  • Provide address information where he/she will stay in Turkey.

3. Applying for Citizenship

Investors who obtain the investment eligibility certificate and a short-term residence permit can apply to the Immigration Administration with the necessary documents. Individuals who are found to have no impediments in terms of national security and public order can acquire citizenship through a decision made by the President. The documents required for the citizenship application are listed below.

  • Citizenship application petition,
  • The applicant's passport or passport substitute document,
  • 2 biometric photographs of the applicant,
  • Marital status certificate of the applicant: Marriage certificate if married, divorce certificate if divorced, spouse's death certificate if widowed,
  • A real estate valuation report showing the value of the real estate,
  • The applicant's birth certificate,
  • A copy of the birth certificate of the applicant and his family (document showing birth, death, marriage, divorce, address information and similar events)
  • Receipt showing that the service fee has been deposited to the Ministry of Finance,
  • Document showing the investment made by the applicant (for example, land registry record if real estate was purchased, documents obtained from the bank if money was deposited into the deposit account, etc.).

Application for Turkish citizenship by investment is completed in approximately 3 to 6 months. If there are any missing documents, the citizenship application will be rejected or the applicant will be given time to complete the missing document.

The spouse of the investor who acquired citizenship through investment and their minor or dependent children can also acquire Turkish citizenship. In order for family members to become citizens, an application must be made on behalf of family members. In order for the family to obtain citizenship, it is sufficient for one person to invest under suitable conditions.

- What happens if my citizenship application is rejected?

The application for Turkish citizenship through investment may be rejected for several reasons, such as non-compliance with the criteria outlined in the Regulation, missing required documents, or if the application is deemed inappropriate in terms of national security or public order. If individuals whose citizenship applications are rejected believe the decision is unfair, they have two options: they can either appeal to a higher authority or file a lawsuit in administrative courts to challenge the rejection decision.

Individuals whose citizenship applications are rejected have the right to object to the decision or directly file a lawsuit for annulment within 60 days from the notification of the rejection decision. If the objection is not responded to within 30 days, it is considered rejected. Even if the objection to the decision is rejected, a lawsuit for annulment can still be filed.

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