Turkish Citizenship by Investment Calculator

How much does Turkish citizenship by investment really cost?

Most articles quote the headline number — USD 400,000 for the property route — and stop there. The actual all-in cost is materially higher once you add the title-deed transfer tax (4% on property), legal and notary fees, government processing, translations, apostilles and the per-applicant document costs for spouse and children.

The split that matters: most of what you pay is recoverable after the 3-year hold — the property itself, the bank deposit or the bonds. Only the fees are sunk. For a single applicant on the property route, plan for roughly USD 15,000–35,000 in sunk fees on top of the USD 400,000 investment.

Investment routes for Turkish citizenship

Five routes are open to foreign applicants. Property is by far the most popular — over 90% of applications go this way — but the others are valid and sometimes simpler on paperwork.

• Property purchase — USD 400,000: buy real estate verified by a government-licensed valuation. 3-year minimum hold.
• Bank deposit — USD 500,000: 3-year fixed deposit at a Turkish bank.
• Government bonds — USD 500,000: 3-year hold of Turkish government debt instruments.
• Fixed capital — USD 500,000: invest in a Turkish company; commonly used by foreign founders.
• Fund shares — USD 500,000: buy shares in a Turkish real-estate or venture-capital fund, 3-year hold.

How long does Turkish citizenship by investment take?

Plan for 4–9 months from property selection to passport in hand. Selection, valuation and tapu transfer can move in 1–3 months if you arrive with a shortlist. Government review of the citizenship file is the biggest variable — typically 2–5 months — and is mostly outside your control once the file is clean.

The single biggest predictor of a slow case is paperwork: a missing apostille, a translation issue, or a valuation that doesn't cleanly hit the USD 400,000 floor. Most files that get rejected get rejected for these, not for the asset.

What does the Turkish passport actually get you?

Visa-free or visa-on-arrival access to roughly 110+ countries, including most of Latin America and Southeast Asia. Türkiye also has dual-citizenship treaties with most major Western countries, so you typically don't have to renounce your existing passport. Turkish citizens get full residency, healthcare and schooling rights, can work freely, and can pass citizenship to children.

Common mistakes foreign applicants make

• Buying a property whose government valuation doesn't cleanly support the USD 400,000 floor.
• Using a general law firm with no prior CBI cases instead of a specialised CBI firm.
• Missing the VAT exemption window on first-sale-from-developer purchases.
• Confusing Turkish citizenship (no residency requirement) with Turkish tax residency (which has separate, more expensive consequences).
• Selling the property before the 3-year hold and putting the citizenship grant at risk.

About these assumptions

The calculator anchors against the current Presidential Decree on Turkish citizenship (USD 400,000 property floor since January 2022), the Land Registry tapu fee schedule, and practitioner ranges from major Turkish CBI law firms for legal, notary and translation costs. Last updated 2026-04-29.