Turkish Citizenship by Investment in 2025

Azpo Estate

April 16, 2025
8 min read

Merhaba! Are you thinking about getting Turkish citizenship through investment in 2025? Well, you’ve come to the right place. As AZPO Estate, we’re here to give you the lowdown on everything you need to know. Think of us as your knowledgeable consultant, guiding you through the ins and outs of the Turkish real estate market and how it can lead to Turkish citizenship. We aim to provide you with accurate and informative responses, so you can make informed decisions with clear, simple language. Let’s dive in!

What is Turkish Citizenship by Investment?

The Turkish Citizenship by Investment Program is a government initiative that encourages foreign investment in Turkey. By investing in the Turkish economy, you can become a Turkish citizen, gaining all the rights and privileges that come with it. One of the most popular ways to qualify is by investing in real estate.

Launched in 2017, the program aims to attract foreign direct investment and stimulate the real estate market. In exchange for a qualifying investment, applicants gain lifelong citizenship rights.

Benefits of Turkish Citizenship

Access to European and Asian Markets: Turkey’s unique geographical location provides access to both European and Asian markets, creating numerous business opportunities.
Visa-Free Travel: Enjoy visa-free or visa-on-arrival access to over 120 countries.
Low Cost of Living: Benefit from a relatively low cost of living compared to many Western nations.
High Quality of Life: Experience a rich cultural environment and quality healthcare services.
Family Inclusion: Include your spouse and children under 18 in your application.
No Residency Requirement: You are not required to live in Turkey to maintain your citizenship.

How to Get Turkish Citizenship

So, how do you actually get Turkish citizenship through investment? Here are the primary investment options available in 2025:

Real Estate: Invest a minimum of $400,000 in real estate.
Bank Deposit: Make a deposit of at least $500,000 in a Turkish bank account.
Government Bonds: Contribute at least $500,000 to Turkish government bonds.
Investment Fund Shares: Invest a minimum of $500,000 in a real estate investment fund or venture capital fund.
Capital Investment: Make a fixed capital investment of $500,000 into a Turkish business.
Job Creation: Create full-time employment for at least 50 individuals.

Step-by-Step Guide

Here’s a simplified step-by-step guide to becoming a Turkish citizen through investment:

Research and Planning: Begin by understanding the Turkish real estate market and the requirements for citizenship.
Find a Local Agent: You’ll want to find a broker or agent that you can rely on and trust.
Property Selection: Select a property or properties that meet the $400,000 threshold.
Purchase Agreement: Negotiate the purchase price and terms, then sign a purchase agreement and sales contract.
Legal Assistance: Appoint a solicitor to handle the legal aspects of the transaction.
Property Valuation: Obtain an independent appraisal to determine the property’s value.
Title Deed Transfer: Pay the required fees and obtain a Tapu (title deed).
Apply for Citizenship: Use the title deed and purchase agreement to apply for Turkish citizenship.
Document Preparation: Prepare all necessary documents, including passport copies, birth certificates, and marriage certificates.
Submit Application: Submit your application to the relevant Turkish authorities.
Residency Application: Apply for a residency permit as part of the citizenship process.
Citizenship Approval: Await the review and approval of your citizenship application.

Turkish Citizenship by Buying Property

Investing in real estate is a popular route to Turkish citizenship. With a minimum investment of $400,000, you can purchase residential, commercial, or land properties. Here’s what you need to keep in mind:

Property Type: You can invest in any type of real estate, including residential, commercial, and land.
Cadastral Value: The cadastral value (government assessed value) of the property must be at least $400,000.
Previous Ownership: The previous owner must be a Turkish individual or legal entity, and there shouldn’t have been any transfers of ownership from a foreign person in the last three years.
One Property Per Applicant: As of February 1, 2023, one property can only be used for one main applicant.

Cost of Houses in Turkey

One of the primary questions on everyone’s mind is, “How much will this cost me?” Here’s a breakdown of the costs associated with buying property in Turkey and applying for citizenship:

Property Purchase: A minimum of $400,000.
Title Deed Transfer Tax: 4% of the property value.
Value Added Tax (VAT): 1% to 18% (can sometimes be refunded after obtaining citizenship).
Real Estate Valuation: Approximately $110.
State Duty at Cadastral Office: $40 – $70.
Residence Permit Fee: $25 per year.
Citizenship Fee: $15.
Legal and Consultancy Fees: Varies depending on the lawyer and services required.
Translation and Insurance: Costs for translating documents and insuring the property.

Average Property Prices in Key Cities (2025)

To give you a clearer picture, here are some average property prices in popular Turkish cities:

Istanbul:
1. Price Per M2 in City Center: $2,845
2. Price Per M2 Outside City Center: $1,730
3. Average Price for a 100 M2 Property: $230,000
Antalya:
1. Price Per M2 in City Center: $2,230
2. Price Per M2 Outside City Center: $1,295
3. Average Price for a 100 M2 Property: $175,000
Ankara:
1. Price Per M2 in City Center: $1,715
2. Price Per M2 Outside City Center: $1,250
3. Average Price for a 100 M2 Property: $150,000

Factors Affecting Property Prices

Several factors influence property prices in Turkey:

Location: Properties in prime locations, such as city centers and coastal areas, tend to be more expensive.
Property Type: Apartments, villas, and commercial properties have different price ranges.
Economic Conditions: The overall economic climate, including inflation and currency exchange rates, can impact property values.
Demand and Supply: Increased demand and limited supply can drive prices up, while a surplus of available properties may lead to lower prices.
Government Incentives: Government policies and incentives, such as the Citizenship by Investment program, can stimulate demand and affect prices.

Turkish Citizenship by Investment Bank Deposit

Another route to Turkish citizenship is through a bank deposit. By depositing $500,000 in a Turkish bank account and maintaining it for three years, you can qualify for citizenship. Here’s what you need to know:

Power of Attorney (POA): You can authorize a lawyer to open a bank account and manage the process on your behalf.
Tax ID Number: A tax ID number is required to open a bank account, and this can be obtained online.
Bank Selection: Choose a reputable bank in Turkey. Some banks may require additional documents, such as proof of address.
Currency Conversion: The deposit must be converted to Turkish Lira at the ruling rate by the Turkish Central Bank.
Blocking the Funds: You must sign a document promising to block the funds for three years.
Eligibility Report: The bank will file documents with the Turkish Bank Association to confirm your eligibility for citizenship.

Benefits of the Bank Deposit Option

Interest Earnings: You can earn interest on your deposit while it is held in the bank.
Currency Flexibility: You can open the bank account in various currencies, such as Euro, USD, or GBP.
Eurobonds: Some government banks offer Eurobonds, which can provide higher yield rates.

How to Get Turkish Citizenship by Investment

To recap, here are the general steps to get Turkish citizenship by investment:

Choose Your Investment Option: Decide whether you want to invest in real estate, make a bank deposit, or pursue another qualifying investment.
Engage a Lawyer: Work with a qualified lawyer to guide you through the process and ensure compliance with all legal requirements.
Gather Required Documents: Collect all necessary documents, including passport copies, birth certificates, and marriage certificates.
Make the Investment: Complete the chosen investment, whether it’s purchasing property or depositing funds into a bank account.
Apply for Residency: Apply for a residence permit as part of the citizenship application process.
Submit Citizenship Application: Submit your citizenship application to the Turkish authorities.
Follow Up: Monitor the progress of your application and respond to any requests from the authorities.
Receive Citizenship: Upon approval, receive your Turkish citizenship and passport.

AZPO Estate: Your Partner in Turkish Real Estate

At AZPO Estate, we understand that navigating the Turkish real estate market and the citizenship application process can be overwhelming. That’s why we’re here to help. With our extensive knowledge of the market and commitment to providing clear, simple guidance, we can assist you every step of the way.

Extensive Property Listings: AZPO Estate offers a wide range of properties that meet the criteria for Turkish citizenship.
Expert Guidance: Our experienced consultants provide personalized advice to help you make informed decisions.
Legal Support: We work with trusted solicitors to ensure a smooth and legally sound transaction.
Customer Satisfaction: Our priority is to help you achieve your goals and make your journey to Turkish citizenship as seamless as possible.

Conclusion

Obtaining Turkish Citizenship by Investment in 2025 is a viable path to securing a second citizenship with numerous benefits. By investing in real estate or making a bank deposit, you can gain access to European and Asian markets, enjoy visa-free travel, and experience a high quality of life.

How to get Turkish citizenship by investment? The answer lies in understanding the requirements, working with trusted professionals, and making informed decisions. Whether you choose to invest in property or opt for a bank deposit, the Turkish Citizenship by Investment Program offers a world of opportunity.

Now that you’re armed with all this knowledge, why not take the next step? Check out AZPO Estate’s exclusive listings to find the perfect property to kickstart your journey to Turkish citizenship.

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Turkish Citizenship by Investment in 2025