Can you imagine having a passport that gives you access to 114 countries in the world from the thirteenth largest economy in the world, free entry to the states of the European Union, and the possibility to apply for the American E-2 visa? What if we told you could have all that for a $250,000 investment?

Turkey's Citizenship by Investment program, announced in 2016, has become one of the most popular programs in the world. What makes it so attractive? That for just a $250,000 investment, you can apply to become a Turkish citizen.

Yes, as you read it. By investing US$ 250,000 in a real estate property, you can enjoy all the legal benefits of Turkish citizenship, plus having a profitable, robust investment.

Among the benefits, you’ll access the world and the possibilities of doing good business in the Turkish market, with the possibility of exporting products to Europe and applying for an American investment visa.

And the real estate market in Turkey is booming, so the $250,000 investment won’t be burnt money, but a secure investment with stable returns for you.

Moreover, it has something many Caribbean CBIs cannot rival: access to the American E-2 Visa. Further, it comes in the same price range as these programs, but real estate investments in Turkey are generally safer than in the Caribbean.

Finding a thriving market to move your company, a safe place for your family with good schools for your children, and a passport that protects you in the rest of the world is a decision that can change your life.

And because we know the enormous implications this decision can have for your quality of life, your family's peace of mind, and the well-being of your business, we want to guide you through the process.

If that wasn’t enough, Mundo has partnered with one of the top real estate developers in Turkey to offer you the possibility to gain access to some of the best projects that will bring high returns for you. This will simplify your application process as we will handle both parts: the investment and the application.

Read and learn the details about how to apply for the programs to become a Turkish citizen that this beautiful country has to offer.

See our brochure.

Citizenship by Investment in Turkey

Turkey announced its citizenship by investment program in 2016. It grants residency, citizenship and a second passport to applicants investing either in real estate or a bank deposit.

Foreigners and their dependents (spouse and minor children), who contribute economically to the country, can become Turkish citizens. The economic contributions should be aimed at stimulating the property market, bringing in foreign exchange, or creating jobs.

For instance, there are five investment options available to you with the Turkish Citizenship by investment program:

Real Estate Investment

You can purchase any property approved in Turkey with a minimum value of US$ 250,000. Nowadays, the property market in Turkey is desirable to foreign investors. You can buy a lovely property in a good location for US$ 250,000. In particular, the process for citizenship by real estate investment in Turkey is pretty quick compared to other countries with similar programs. Usually, it takes around 3 to 6 months to obtain citizenship and your Turkish passport.

We have been working for several years with our partners, one of the most consolidated corporate groups in the financial services market. They have been assisting high-net-worth individuals to obtain second citizenship for decades, and they can help you with the complicated application process.

A great advantage is that instead of a single property costing 250,000, multiple properties of your own choice can be purchased as long as they add up to $250,000. However, you must keep them for at least three years. Otherwise, your citizenship can be revoked. The following requirements are necessary to become a Turkish citizen:

• A valuation report must be prepared and accepted by the Capital Market Board, under the valuation rules, by an expert who must have a valid license.
• Based on the value in the property valuation report showing the market value, the value of the real estate in US dollars is calculated on the effective exchange rate of the Turkish Central Bank at the date of the transaction.
• The funds used for the investment must be legitimate.

Fixed Capital Investment

You can make a minimum fixed capital investment of US$ 500,000. This investment must be verified by the Ministry of Industry and Technology. You can deposit a minimum of US$ 500,000 into a Turkish bank and keep it there for a minimum of three years.

Turkish Government Bonds

You can invest a minimum of US$ 500,000 in Turkish government-issued bonds that you will need to hold for a minimum of three years. The Turkish Ministry of Finance and Treasury must approve this investment.

Real Estate Trust

You can invest a minimum of US$ 500,000 into a government-approved real estate investment trust. As an alternative, you can spend the same minimum amount into a venture capital investment fund.

How to apply?

Step 1 – Make your Investment in Real Estate

The first step is to make your investment. Unlike other second citizenship programs, you need to make your investment first. Find a property or properties that you want to purchase!

You will require a property valuation that varies a lot, and the property or properties must have a value of US$ 250,000 or higher to qualify you for second citizenship. It is mandatory the valuation report from a licensed valuation expert that verifies the value of the property.

This needs to show that the property is valued at US$ 250,000 or more based on the effective selling rate when the transaction occurred.

Moreover, you will need to make an application to the Ministry of Environment and Urbanization to obtain a certificate of suitability to become an investor in real estate for second citizenship.

All relevant documentation must be supplied here. These documents are:

• A filled and signed application.

• ID.

• One of the parents must give his/her consent to the other to grant Turkish citizenship for the children.

• Marriage certificate (if applicable).

• Birth certificate.

• Health certificate.

• Police clearance.

• Two personal photos (Biometric).

• Residence permit (maybe Temporary or Tourist visa is also accepted).

• Tax payment receipt.

• Title deed or property purchase commitment (notarized).

• Appraisal report.

• Bank transactions as proof of investment (the amount of US$ 250,000 or US$ 500,000 depending on investment type).

It is the responsibility of the Ministry of Environment and Urbanization to verify the value on the property title deed. After verification, you will need to transfer the required funds for the real estate purchase to the sellers of the property via bank transfer.

The title deed of the property is amended by the government to show that it cannot be sold for a minimum period of three years after the purchase date. After all this, you will receive the title deed for the property.

Step 2 – Obtain a Residency Permit

You will need to hold a valid residence permit at the time you make your application for citizenship by real estate investment in Turkey. You do not have to be residing in Turkey at the time of your application, but you will need a residence permit.

Usually, you will need to visit Turkey using a valid visa or through visa exemptions to make an application for a residency permit. You will also need health insurance; a tax ID and you will have to pay a small fee.

Besides, you can make your residence permit application online and provide the required documentation. You will probably have to make an appointment with the special residency application office for investment so that you can submit your residency application.

However, it takes just around 4-5 days to receive your residency permit document!

Step 3 – Apply for Citizenship

Finally, you will need to complete a citizenship pre-application form and supply the relevant documents required by the Turkish government.

The documents that you will need to supply include:

• Your passport and the passports of family members included in the application.

• Your birth certificate and that of your spouse.

• A health report and medical certificate.

• If it is a family application, then you must supply your marriage certificate and the birth certificates of your children.

• Proof of income and bank statements.

• The original statement from the police that you have a clean record.

• You will have to pay for the pre-application service charge.

The Turkish government is then going to conduct background checks to prove that you are who you claim to be and that you are of good character. All countries that offer CBI programs will do this, and this will protect you as much as it does them. You will need to pay all the citizenship by investment application fees. Your passport will be issued within 3-6 months of your initial application.

After the acquisition of Turkish citizenship, you will be entitled to benefit from all the advantages offered by the Republic of Turkey. You would have no problems with the residence permit since after the application you have made with a short-term residence permit is concluded, it is now your right to live in Turkey. You would have the same rights as any Turkish citizen in Turkey. On top of that, by having a privileged Turkish passport, you can spend your time at ease in many countries.

What can we do for you?

The diversity of ways in which you can become a Turkish citizen is one of the main advantages of obtaining this citizenship. Many countries in the world limit their forms and require you to go through a lot of procedures to apply for it. Unlike these, Turkey offers the possibility of obtaining a Turkish passport through various channels.

Do you feel that the process can be confusing and complicated? Well, don't worry about it. At Mundo, we are here to help you through the entire process. From choosing the right investment to processing the application. You just focus on the great business to be done and leave the details in our hands. We will help you in each part of the process, starting with choosing the right investment for you to supporting your application process.