Turkish Citizenship by Investment Options: Real Estate vs Bank Deposit for Turkey Passport
By Burak Ünal, Founder & Managing Partner, Gordion Partners
· · 1 min read
There are two options for the Turksih Citizenship by Investment Program.
Foreigners can deposit 500,000 USD in Turkish bank and convert that amount to Turkish Lira.
Or, they can buy property worth 400,000 USD to get Turkish citizenship.
Investment has to be held in Turkey for 3 years. After that foreigners call sell their investments and they will still keep the Turkish Passport.
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The information on this page is general and is not legal, tax or investment advice. Rules, amounts and procedures change; contact us to confirm the current requirements before you act.
