Turkey’s Citizenship by Investment Program, launched in January 2017, offers a simple way for foreign investors to gain Turkish citizenship and a Turkish passport without having to live in the country or give up their current nationality.
Istanbul is a global hotspot for real estate investment, offering a unique blend of culture and economic opportunity as it connects East and West. Investing in property in this vibrant city in 2024 could bring great returns, as the market continues to grow. Istanbul isn’t just a place to live; it’s a gateway to exciting opportunities in one of the world's most dynamic regions.
With the Turkish real estate market booming, now is an ideal time to invest. As Statista reports, the industry is projected to be worth USD $7.81 trillion in 2024, with further growth expected to hit USD $10.29 trillion by 2028.
The Türkiye Citizenship by Investment Program, formerly known as the Turkey Citizenship by Investment Program, was introduced in January 2017 to attract foreign direct investment and promote growth in the real estate sector. It offers applicants various options for making economic contributions to Turkish society, thereby enhancing the country's economy.
Investment
Minimum contribution of USD 400,000
Processing Time
Three to Five months from the date the application is submitted.
Key Benefit
Freedom to travel to 125+ countries including China, Russia, Singapore, Japan and more with visa-free access.
Capital:
Ankara
Languages:
Turkish | Arabic | Kurmanji | Others
Currency:
Turkish Lira
Population:
85,816,199 (2024)
In recent years, Istanbul's growing population—now around 16 million—has boosted demand for housing, making it a hotspot for foreign real estate investors. In fact, applications for apartments surged by 25% in early 2024, showing strong confidence in the market.
Istanbul’s unique location, bridging East and West, makes it a prime spot for trade and investment. With easy access to European and Asian markets, advanced infrastructure, and major projects like the new airport, it's an attractive choice for real estate investors. The Turkish government's $20 billion investment in infrastructure further boosts its appeal.
Real estate prices in Istanbul have surged by 20% in 2024, and with demand from both locals and foreign investors rising, this trend is set to continue into 2025. Investing in property worth $400,000 or more also offers a path to Turkish citizenship, with a 30% increase in foreign buyers highlighting Istanbul’s appeal.
With a bright outlook for 2024 and beyond, the real estate market in Türkiye is primed for investment! As more properties qualify for the Citizenship by Investment program, we anticipate a surge of interest, which could lead to rising prices for obtaining a Turkish passport. Now is truly the best time to invest in Türkiye!
At Investment Visa, we offer a fantastic range of modern properties across Istanbul, Antalya, Ankara, and Izmir, all equipped with the latest amenities. But we don’t stop at real estate services; our experienced team also provides investment advisory to guide you through the application process until your Turkish passport is in hand.
Enjoy visa-free or visa-on-arrival access to more than 110 destinations, including Hong Kong, Japan, and Singapore.
Obtain citizenship in a country known for its pleasant Mediterranean climate, stunning landscapes, and high quality of life.
Gain full citizenship for yourself and your family members included in the application.
Become eligible for an E-2 Investor Visa in the USA after residing in Turkey for three years, with the visa valid for five years and renewable.
Access a transcontinental Eurasian nation that serves as a stable economic, financial, and political center between Europe, Western Asia, and the Middle East.
To be eligible for citizenship, the primary applicant must meet one of the following investment criteria:
Purchase real estate worth at least USD 400,000.
Invest a minimum of USD 500,000 in fixed capital contributions
Deposit at least USD 500,000 into a Turkish bank account.
Invest at least USD 500,000 in government bonds.
Contribute at least USD 500,000 to a private pension system, with a minimum holding period of three years.
Create employment for at least 50 people, verified by the Ministry of Family, Labour, and Social Services.
The main applicant can include their spouse, dependent children under 18, and any children with disabilities, regardless of age, in their application.
Affordable Living Costs in Turkey: Turkey offers an affordable cost of living compared to many European nations, particularly when considering housing, food, transport, and other expenses. Housing costs in Turkey tend to besignificantly lowers than in many other nations.
Accessible Healthcare Excellence: Turkey boasts an excellent universal healthcare system that offers affordable and accessible care to its population, making this country an attractive option for anyone searching for quality health services at a reasonable cost.
Natural Wonders of Turkey: Turkey boasts some of the world’s most stunning natural landscapes, from snow-capped mountains near the Black Sea region to Mediterranean beaches along its Aegean coast. If you are seeking stunning natural beauty as your travel destination, Turkey makes an excellent choice.
Timeless Cultural Treasures: Turkey boasts an intriguing culture and history dating back millennia. There are countless historical sites and museums to discover, as well as numerous opportunities to experience its vibrant culture through food, music, art, and other mediums.
Affordable Living Costs in Turkey: Turkey offers an affordable cost of living compared to many European nations, particularly when considering housing, food, transport, and other expenses. Housing costs in Turkey tend to besignificantly lowers than in many other nations.
Turkey’s Citizenship by Investment program is more than just a path to citizenship; it’s a solid investment in real estate and a better future for your family. With guaranteed rental income, visa-free travel, free education, and healthcare, this opportunity provides unmatched value. Additionally, Turkey’s real estate market is continually growing, ensuring that your property will likely appreciate in value over time.
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