At the end of October 2023, it became known that the authorities increased the minimum investment in real estate to obtain a residence permit in Turkey by 2.5 times to $200,000. But not so long ago, an investor could obtain Turkish citizenship for such an investment. Now you can take part in the passport program by purchasing real estate for an amount of $400,000 or more.
Turkey’s passport program is one of the most sought after in the market in 2023. Several factors contribute to this success. Firstly, many investors are ready to connect their lives and business with this country, from where there are many flights to all points of the world. Secondly, the option of purchasing real estate is very attractive. This is a return investment, and the choice of local premium real estate is very wide.
So, to apply for the Turkish Citizenship by Investment program, you need to purchase real estate in the amount of $400,000 or more. Together with the main applicant, a spouse and children under 18 years of age can receive citizenship.
What kind of real estate can be bought for obtaining Turkish citizenship:
- either the cost of one object should not be less than $400,000;
- or several objects (for example, two apartments for $200,000) must be within the same complex;
- or real estate within two different complexes, but then they must have a TAPU (certificate of ownership).
Apex Capital Partners will help you select real estate under the Turkish Citizenship by Investment program, taking into account all the requirements. The property can be sold after 3 years, and before that it can be rented out or used for living. Citizenship is obtained completely remotely – biometrics can be submitted to the Turkish Consultation Office when residing in the country. But you will need to pay a visit to Turkey to get a passport. APEX provides full support with visits to the necessary authorities.
A Turkish citizen's passport gives the right to visa-free entry into 110 countries. Including Singapore, Japan, South Korea, Iran, Lebanon, Brazil, Georgia, Qatar.
Turkish citizens can apply for a US E-2 investor visa (non-immigrant visa type) for a period of 5 years and renewable thereafter
The E-2 visa will require a significant investment in a local US company (new or existing). In order to start the procedure for obtaining a visa, you must live in Turkey for at least 3 years after receiving a Turkish passport. This requirement was introduced in 2023 by Joe Biden, the current US President.
A complex of apartments and villas under construction with sea views in Yalikavak, Bodrum
The location is an elite area with breathtaking views of the Aegean Sea, the best beaches and marinas, restaurants and shops of world brands. The complex is managed by the hotel, which provides residents with all hotel services. The project consists of apartments, villas, townhouses, office and retail space. On the territory: private beach, infinity pool, sports center, spa center, indoor and outdoor swimming pools, parking, video intercom, children’s playground, restaurant, cafe, terraces, central heating system, 24-hour security, video surveillance. There is its own kindergarten, Le Petit.
Starting price – €753,000. Apartments from 96 m2.
When buying property in Turkey, you can participate in the Turkish Citizenship by Investment program.
Villas and apartments managed by Marriott International along the Aegean coast
New project in Bodrum (Adabuku district), in an isolated private picturesque bay surrounded by a pine forest. Just 650 meters from the coastline, 5 minutes’ drive to Bodrum Milas Airport. As well as a golf club, cafes and restaurants, and a nature reserve. The architectural solutions of the project have been recognized with prestigious awards – this is a landmark property. On the territory there is Vitalica Wellness (a leading global and Turkish brand), a fitness center, an outdoor cinema, a children’s club Le Meridien, an indoor heated pool, an outdoor seawater pool, and gardens. Concierge service, 24-hour security, housekeeping, room service.
Apartments for 3-4 bedrooms with panoramic terraces, as well as two-story villas with a jacuzzi and an outdoor pool. The area of the objects is 175 – 255 m².
Available are 3+1 apartments for €1,200,000 and 4+1 villas with private pool for €1,950,000.
When buying property in Turkey, you can participate in the Turkish Citizenship by Investment program.
Prestigious residential complex in the center of Izmir, Konak
A non-standard option is real estate on the eastern coast of the Aegean Sea, in the city of Izmir. A new multi-storey residential complex of 4 buildings in the Konak area, this is the business and cultural center of Izmir, with excellent transport accessibility and social infrastructure. Here you can choose apartments with 1, 2, 3, 4 bedrooms, ranging from 67 to 235 m2.
Apartments on the upper floors offer views of Izmir Bay. The project area will have its own infrastructure, including outdoor and indoor children’s pools, sports grounds, a tennis court, shops, cafes and more. The facility will be built until the end of 2023.
Apartments cost from $231,000.
When buying property in Turkey, you can participate in the Turkish Citizenship by Investment program.
New business class residential complex in the center of Izmir, Bayrakli
Location in Bayrakli, a modern, fast-growing area of the city of Izmir. Not far from the object there is a metro station, a port, and hysterical attractions. The project includes an office tower, residential apartments, a 5-star hotel, a sports center, and retail space. The apartments of the complex are partially furnished and also have panoramic views of the Izmir Bay – view terraces. The infrastructure of the complex includes a swimming pool, spa area, hammam, fitness center, cafes and restaurants, indoor parking, 24-hour security, and a smart home system.
The rental yield according to the developer’s forecast is 5% per annum.
The area of the apartments starts from 96 m2, starting price is $506,000.
An alternative passport program is “Egyptian Citizenship by Investment”. You can take part in it by purchasing real estate from $300,000. Moreover, you can be either a full or a partial owner. Thus, you can, together with friends or relatives, buy an object worth $600,000 or more and submit two applications for citizenship on this basis. Read more >>
