Turkey Citizenship By Investment Program 2021

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Looking to obtain a Turkish passport by investment from Nigeria? With property investments priced from only $250,000, the Turkey Citizenship By Investment Program offers excellent value for money, a simple application process, and a powerful passport. Find out more about the benefits of acquiring a Turkey passport, or contact us now for a free consultation.

NB: Public pressure in Turkey is likely going to result in an imminent increase for the investment requirement to obtain a Turkish passport. Investors are encouraged to act now in order to avoid the price increase later in 2020.

The Turkey CIP at a glance…

  • The Ultimate, Affordable Second Citizenship Program For Nigerians:

  • Ultimate affordability: Property priced from only $250,000

  • Global mobility: 110+ Visa free countries, including Hong Kong, Bahrain, Taiwan, Malaysia and South Africa

  • Fast process: Approximately 5 to 6 months to receive your passport

  • Dual citizenship recognised.

  • Affordable path to either UK residency (Turkish Businessperson Visa) or USA residency (E-2 Visa).

About the Turkey Economic Citizenship Program

Originally launched in 2017, the Turkish Passport By Investment Program’s investment requirement was reduced to only $250,000 in 2018, leading to a surge in demand for Turkish property among foreign investors.

As per presidential decree 418, “Regulation Amending the Regulation on Implementation of Turkish Citizenship Law”, dated 7 December 2018, foreign investors now have a number of more affordable options to invest for citizenship in Turkey.

Investment options to gain Turkish citizenship 2020

As of May 2020, investors have a number of investment options to qualify for the Turkish CIP:

  1. A $250,000 investment in property, with the value appraised and confirmed by a licensed professional, and recognised by the Turkish Government. The investment is to be held for a minimum period of 3 years. This investment option is by far the most popular, and has made the Turkey CIP one of the top citizenship programs in the world.

  2. The creation of at least 50 full time jobs for 50 employees.

  3. A deposit of at least $500,000 with a Turkish national bank, or a $500,000 investment in Turkish government bonds, to be held for a period of 3 years.

  4. A capital investment of $500,000 in real estate participation fund shares, or capital investment trust fund shares, to be help for a minimum period of 3 years.

Why choose Turkey for second citizenship

 

  • THE ULTIMATE PLAN B: Gain an affordable, luxury second home and a lavish Mediterranean lifestyle a stone’s throw from Europe and Asia.

  • UNRIVALLED AFFORDABILITY: With CIP approved properties priced from only $250,000, the Turkish citizenship program is one of the most affordable property based options in the world.

  • HIGH POTENTIAL GROWTH: Given Lira devaluation combined with escalating construction costs and a booming tourism sector, an investment in Turkish property holds significant capital growth potential.

  • GREATER GLOBAL MOBILITY: The Turkish passport offers the bearer visa-free access, or a visa upon arrival, for over 110 countries around the world, including South Africa, Morocco, Andorra, Montenegro, Bosnia and Herzegovina, Ukraine, Serbia, Bahrain, Hong Kong, the Philippines, Iraq, Iran, Japan, Qatar, Cambodia, Lebanon, South Korea, Malaysia, Oman, Thailand, Taiwan, Jordan, Indonesia, South Africa, and Argentina. Additional destinations include Panama, Peru, St Lucia, Uruguay as well as Antigua and Barbuda.

    The country is also expected to sign a visa waiver treaty with the EU in the near future, which would catapult the power of the Turkish Passport as a travel document significantly – and at an exceptionally affordable price.

  • Path to US and UK residency: Turkish citizens are eligible to apply for the UK Turkish Businessperson Visa and the USA E-2 Visa, making an investment in Turkish citizenship a very cost effective method to obtain residency in either of these countries.