Invest USD 500,000 in units of a CMB-supervised real estate fund, hold them for 3 years, and apply for Turkish citizenship for your whole family, without buying or managing a property yourself.
Türkiye grants citizenship to foreign investors who invest at least USD 500,000 in units of a real estate investment fund (REIF) or venture capital fund (VC) and commit to hold them for three years.
The legal basis is Article 20 of the Regulation on the Implementation of the Turkish Citizenship Law No. 5901. Citizenship is granted by Presidential decision. For the fund route, the Capital Markets Board of Türkiye (CMB / SPK) issues the Certificate of Conformity that confirms your investment meets the requirements. You can read the CMB's own guidance on its official page.
FT Portföy is a portfolio management company licensed and supervised by the CMB. We manage the funds you invest in and coordinate the entire investment stage for you, up to the Certificate of Conformity. You can verify our licence on the CMB list of portfolio management companies.
Both routes lead to Turkish citizenship. The right one depends on how you want to hold your investment.
| Fund route | Real estate route | |
|---|---|---|
| Minimum amount | USD 500,000 in fund units | USD 400,000 in property |
| What you own | Units of a professionally managed, CMB-supervised fund | A specific property, title deed in your name |
| Day-to-day management | Handled by the portfolio management company | Your responsibility (tenants, maintenance, taxes) |
| Diversification | Exposure to several projects and assets | A single asset |
| Follow your investment | Daily unit value in your custody account | Periodic valuation |
| Certificate issued by | Capital Markets Board (CMB / SPK) | Land Registry (Tapu) |
Our team has been involved in more than 500 citizenship applications through real estate and more than 10 through the fund route. The fund route is a relatively new structure in Türkiye.
Only real estate investment funds (GYF / PGYF) and venture capital investment funds (GSYF) qualify. Equity, money market, gold and bond funds do not.
A project real estate investment fund managed by FT Portföy and open to citizenship applicants.
View FT1 on TEFAS · Fund pageA mixed real estate investment fund managed by FT Portföy and open to citizenship applicants.
View NUZ on TEFAS · Fund pageTEFAS is Türkiye's official fund trading platform, operated by Takasbank. Once you choose a fund, we share that fund's issuance document and subscription agreement with you.
The process has two stages: the investment stage, handled by FT Portföy, and the citizenship stage, handled by your lawyer. Fund subscriptions are processed once a month, between the 1st and the 7th, so all preparation is completed before that date.
We can introduce you to an experienced law firm we work with. You are free to work with any lawyer you choose.
For the investment stage, we only need your passport, a utility bill in your name and a power of attorney.
For the citizenship application, your lawyer will typically request, for each family member:
Foreign documents must be apostilled, or legalised through the Turkish consulate in countries outside the Hague Convention. The final list is confirmed by your lawyer.
Not necessarily. Most steps can be completed through a power of attorney granted to your lawyer, and your bank account can be opened remotely. Travelling to Türkiye usually makes the process faster. Your lawyer will advise whether a visit is needed for residence permit biometrics.
Yes. The main applicant, their spouse and children under 18 can be included in the same application. Adult children need a separate investment.
Typically 3–6 months in total, depending on the authorities.
For the fund route, the Capital Markets Board of Türkiye (CMB / SPK). We apply on your behalf.
Yes. You can follow the daily value of your fund units in your custody account throughout the holding period.
No. There is no residence requirement, language test or minimum stay, apart from the biometrics visit at the residence permit stage if required.
The fund route first grants a residence permit, followed by citizenship. You may choose to remain at the residence permit stage. A residence-only option is also available through a residential property purchase of at least USD 200,000. Contact us to discuss your situation.
Yes. Investors who do not seek citizenship can invest in the same funds from USD 100,000.
Tell us about your family and timeline. We will get back to you in English, Turkish or your own language.
