CITIZENSHIP OF TURKISH REPUBLIK
In the previous article you have already become familiar with the advantages of obtaining Turkish Citizenship, now let's look at what ways there are to obtain Turkish Citizenship.
The principles for obtaining Turkish citizenship are regulated by the Turkish Citizenship Law No. 5901 (TVK). Turkish Citizenship Law provides for six ways to obtain a passport: by investment, by naturalization, through marriage, employment, birth and special merit.
Let's consider the method of obtaining Turkish Citizenship by Investment in more detail. Turkish citizenship by investment is a reliable and universal way to obtain Turkish citizenship. Investors are exempt from the Turkish language test and receive a passport almost 10 times faster.
The state investment program provides five options:

• Buying a property.
• Purchasing shares in an investment fund.
• Purchase of government bonds.
• Investments in business.
• Deposit in a Turkish bank.

Participation in Turkey's investment program is the fastest path to citizenship. Investors receive a passport within 6 to 8 months, while applying for citizenship by naturalization is possible only after 5 years of residence in the country. All investments under the program are repayable, money can be returned after 3 years. The minimum investment amount is $400,000. Foreigners over 18 years of age can apply for participation in the investment program and do not violate Turkey’s visa regime. Applicants must also provide a certificate of no criminal record or serious illness.
Turkey recognizes dual citizenship - investors do not need to give up their other passports to participate in the program.
Applicants from countries that do not recognize dual citizenship may receive a “bronze card” (Turquoise Card) if investment conditions are met. The Turquoise Card is a special residence permit in Turkey, which is issued to highly qualified workers: investors, businessmen, scientists, athletes and artists. With a turquoise card, investors have the right to live, work and do business in Turkey, without having to renounce their first citizenship. The card will first be issued for three years, after which it can be replaced with an indefinite one. The investor can add a spouse and minor children to the citizenship application.
Buying real estate is the most popular investment option in the Turkish citizenship program. Until April 2022, investors bought real estate for an amount of $250,000 or more and received a passport, but the Turkish Cabinet of Ministers revised the terms of the program. Now the minimum transaction amount is $400,000.
An investor can buy residential or commercial real estate: apartments, villas, premises for a restaurant or a store. The terms of the program allow you to purchase several objects, their total cost must exceed $400,000.
The investor's main expense is the cost of the property. As additional expenses, the investor pays a tax on registration of property rights in the amount of 4% of the value of the property and an assessment of the property - about $150.
Investments in business. To fulfill the terms of the program, the investor can:
buy a share of a Turkish company; open your own business in the country, which will provide jobs for at least 50 Turkish citizens. The minimum investment amount is $500,000. You can sell a stake in a company or business after three years.
Purchase of shares in an investment fund in the amount of $500,000 or more. Some investors prefer to buy shares in an investment fund instead of real estate. Units generate passive income, are easier to sell and, unlike real estate, require additional annual maintenance or management costs.
Purchase of government bonds in the amount of $500,000 or more. After three years, the investor can sell or redeem the securities.
Deposit in a Turkish bank. The investor places a deposit of $500,000 or the equivalent of this amount in any currency. An account can be opened in one or more banks in Turkey. Money cannot be withdrawn for three years.
If you are looking for an apartment suitable for obtaining Citizenship, then contact our office or first look at the Offers for Apartments for Citizenship on our website, just follow the link below