Here are the steps for applying for Turkish Citizenship by Investment (CBI):

1. Choose an Investment Option

  • The most common method is purchasing real estate worth at least $400,000.
  • Other options include a bank deposit of $500,000 or an investment in Turkish bonds, funds, or a local business for the same amount.

2. Obtain a Tax ID Number

  • Before you can proceed with the investment, you’ll need to get a Turkish Tax Identification Number, which can be obtained at a local tax office or online.

3. Open a Turkish Bank Account

  • You must open a bank account in Turkey to complete your investment. This is required for transferring funds related to your real estate or financial investments.

4. Make the Investment

  • Complete the real estate purchase or transfer funds for your chosen investment option. Ensure all payments are made through your Turkish bank account and that the value meets the required threshold.
  • For real estate, the property must be kept for at least three years.

5. Get a Property Valuation Report

  • For real estate investments, an official valuation report is required to confirm the property’s market value meets the $400,000 threshold.

6. Apply for a Certificate of Eligibility

  • After the investment is made, you need to apply for a Certificate of Eligibility from the relevant government authority (e.g., Ministry of Environment and Urbanization for real estate). This certificate proves that your investment qualifies you for the CBI program.

7. Obtain a Residence Permit

  • You need to apply for a short-term residence permit before submitting your citizenship application. This can be done at the Directorate General of Migration Management in Turkey.

8. Submit the Citizenship Application

  • After receiving the Certificate of Eligibility and the residence permit, you can submit your citizenship application to the Provincial Directorate of Census and Citizenship.

9. Application Review

  • Turkish authorities will review your application, conduct background checks, and ensure that all requirements are met. This process typically takes 3-6 months.

10. Receive Citizenship and Passport

  • Once your application is approved, you and your family (spouse and children under 18) will be granted Turkish citizenship. You can then apply for Turkish passports at a local passport office.

By following these steps, you can successfully apply for Turkish Citizenship through the Citizenship by Investment program.