Country Profile
Bridging Europe and Asia, Türkiye is celebrated as the seat of the Byzantine and Ottoman Empires. Türkiye became a republic in the aftermath of World War I, under the leadership of Mustafa Kemal Atatürk, who espoused the principles of secularism and nationalism. Significant changes to Türkiye’s Government came into effect in 2018, when the nation adopted a presidential system separating the executive from the legislature. This followed an attempted coup in July 2016, and growing tensions with both the European Union and the United States. Türkiye has a diversified economy spanning manufacturing, services, trade and tourism.
- Official name: Republic of Türkiye
- National anthem: The Independence March
- Location: Southeast Europe and West Asia
- Capital city: Ankara
- Official language: Turkish
- Sovereignty: 29 October 1923, the date on which Türkiye was proclaimed a republic
- Government type: Presidential republic
- Head of State: President
- Head of Government: President
- Basis of legal system: Swiss civil law; Italian civil law; German civil law
- Currency: Turkish Lira
- Climate: Hot-summer Mediterranean climate
Programme Profile
Investment Options for a single applicant
- Investment in property, recognised by the Ministry of Environment and Urbanisation, to be held for 3 years.
- US$400,000
- Deposit in a Turkish bank, certified by the Banking Regulation and Supervision Agency, to be held for three years.
- US$500,000
- Investment in Government bonds, recognised by the Ministry of Treasury and Finance, to be held for 3 years.
- US$500,000
- Fund share in real estate investment or venture capital investment, to be held for 3 years.
- US$500,000
- Investment in fixed capital, certified by the Ministry of Industry and Technology, to be held for three years.
- US$500,000
- Investment in private pension system, to be held for 3 years.
- US$500,000
- Creation of at least 50 jobs in Türkiye, certified by the Ministry of Labour and Social Security.
Citizenship by Investment in Türkiye
Launched in 2017, Türkiye allows qualifying foreign investors to apply for exceptional acquisition of citizenship through prescribed investment, deposit, fund or employment routes.
- Considered one of the most lenient Citizenship by Investment programmes, Türkiye’s CBI Programme does not require applicants to learn Turkish or to attend a mandatory interview.
- There is also no requirement to take up physical residence in Türkiye, however the applicant will need to obtain an investor residence card and provide biometrics.
- While the decision to grant citizenship originally was up to Türkiye’s Council of Ministers, following the 2018 amendments, it is now at the discretion of Türkiye’s president.