The Turkey Investor Visa is designed to attract foreign investors and entrepreneurs who wish to invest in the Turkish economy. This visa provides various pathways for individuals and their families to obtain residency, and potentially citizenship, in Turkey through significant financial investments. The investor visa types cater to different forms of investments, such as real estate, business establishment, and capital contributions.
Types of Turkey Investor Visas
- Real Estate Investment Visa
- Capital Investment Visa
- Business Investment Visa
- Bank Deposit Investment Visa
- Government Bonds Investment Visa
- Job Creation Investment Visa
Details Breakdown
Purpose
This visa is for investors who purchase real estate in Turkey. The investment must meet a minimum value threshold and is aimed at boosting the Turkish real estate market.
Eligibility
- Minimum Investment: Purchase real estate worth at least $400,000 USD.
- Property Type: The property must be residential or commercial and must be kept for at least three years.
- Title Deed: The property must be registered in the investor’s name, and the purchase must be completed with legal documentation.
Duration
- Initial Visa Duration: Usually granted for 1 year, renewable based on continued ownership of the property.
- Pathway to Citizenship: After holding the property for 3 years, the investor may apply for Turkish citizenship.
Others
- Family Inclusion: The investor’s spouse and dependent children can also apply for residence permits under this visa.
Purpose
This visa is for individuals who wish to make a substantial financial investment in Turkey, directly contributing to the Turkish economy.
Eligibility
- Minimum Investment: Make a capital investment of at least $500,000 USD into a Turkish company, financial institution, or a similar approved entity.
- Government Approval: The investment must be approved and certified by the Turkish Ministry of Industry and Technology.
Duration
- Initial Visa Duration: Typically granted for 1 year, renewable based on the continuation of the investment.
- Pathway to Citizenship: Citizenship can be applied for after 3 years if the investment is maintained.
Others
- Family Inclusion: Immediate family members (spouse and dependent children) are eligible for residence permits.
Purpose
This visa is aimed at entrepreneurs and investors who establish or acquire a business in Turkey. The goal is to promote business development and job creation.
Eligibility
- Minimum Investment: Invest a minimum of $500,000 USD in a new or existing Turkish business.
- Business Plan: Must submit a detailed business plan demonstrating the viability and contribution to the Turkish economy.
- Job Creation: The business must create employment for at least 50 Turkish citizens.
Duration
- Initial Visa Duration: Usually granted for 1 year, renewable based on the success and continuity of the business.
- Pathway to Citizenship: Citizenship can be sought after 3 years if the business remains operational.
Others
- Family Inclusion: The investor’s spouse and children can obtain residence permits.
Purpose
This visa is for individuals who place a significant deposit in a Turkish bank, promoting financial stability and investment in the country.
Eligibility
- Minimum Deposit: Deposit at least $500,000 USD in a Turkish bank.
- Deposit Term: The deposit must be held for a minimum of 3 years.
- Certification: The investment must be confirmed by the Banking Regulation and Supervision Agency (BRSA).
Duration
- Initial Visa Duration: Granted for 1 year, renewable based on the continuation of the deposit.
- Pathway to Citizenship: After 3 years, the investor can apply for Turkish citizenship.
Others
- Family Inclusion: Family members can apply for residence permits under this visa.
Purpose
This visa encourages investment in government bonds, contributing to national economic stability.
Eligibility
- Minimum Investment: Invest at least $500,000 USD in Turkish government bonds.
- Investment Term: The bonds must be held for at least 3 years.
- Government Approval: The investment must be approved by the Ministry of Treasury and Finance.
Duration
- Initial Visa Duration: Issued for 1 year, renewable based on holding the bonds.
- Pathway to Citizenship: Eligibility for citizenship after 3 years if the investment is maintained.
Others
- Family Inclusion: Immediate family members can apply for residence permits.
Purpose
This visa is intended for investors who significantly contribute to the Turkish job market by creating jobs for Turkish citizens.
Eligibility
- Minimum Job Creation: The investor must create at least 50 jobs for Turkish citizens.
- Business Viability: The business must be sustainable and provide proof of job creation.
Duration
- Initial Visa Duration: Typically granted for 1 year, renewable based on the continuation of job creation.
- Pathway to Citizenship: Citizenship can be applied for after maintaining the business and jobs for 3 years.
Others
- Family Inclusion: The investor’s spouse and dependent children can also obtain residence permits.
General Eligibility Requirements for All Types
- Clean Criminal Record: The investor must have no criminal record.
- Health Insurance: Valid health insurance covering the investor and family members.
- Proof of Funds: Documentation proving the source and legality of the investment funds.
- Application Form: Completed and signed application form.
Application Process
- Choose Investment Type: Determine the type of investment you wish to make in Turkey.
- Prepare Documents: Gather all required documents, including proof of funds, investment details, and identification.
- Submit Application: Apply for the investor visa at a Turkish consulate or embassy in your home country.
- Pay Fees: Pay the applicable visa and processing fees.
- Wait for Approval: Processing times may vary, so apply well in advance.
- Receive Visa: If approved, receive your investor visa and make the necessary travel arrangements.
- Complete Investment: Upon arrival in Turkey, finalize the investment (if not already done) and obtain the necessary certifications.
- Apply for Residence Permit: Apply for a residence permit to legally stay in Turkey and maintain your investment.
Cost
| Cost Component | Approximate Cost |
|---|---|
| Investor Visa Application Fee | $200 – $300 (varies by nationality) |
| Health Insurance | $50 – $100 per year |
| Legal and Administrative Fees | $500 – $1,000+ depending on complexity |
Note: Costs may vary depending on nationality and specific circumstances.
Visa Processing Time
| Visa Type | Processing Time |
|---|---|
| Investor Visa | 15 to 45 working days |
Note: Processing times are approximate and can vary based on application complexity and consulate workload.
Conclusion
The Turkey Investor Visa provides multiple pathways for foreign investors to contribute to the Turkish economy while obtaining residency and, potentially, citizenship. By meeting the investment thresholds and other eligibility requirements, investors can secure a legal stay in Turkey for themselves and their families. Understanding the specific requirements for each investment type, along with the application process and costs, will help investors make informed decisions and successfully transition to life in Turkey.
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