Which Method To Prefer ? Residency Based On 200K USD Property Or Citizenship Based On 400K USD Property

WHICH METHOD TO PREFER ? RESIDENCY BASED ON 200K USD PROPERTY OR CITIZENSHIP BASED ON 400K USD PROPERTY

Foreign investors, seeking to get residency or citizenship by investment, have been frequently asking questions to us about which type of property to prefer. In this context, up-to-date information on available investment options, required documents, property holding periods, and residence permit renewal conditions are provided in the table below. Additionally, important details such as how many times one needs to visit Turkey for the residence application and the timing for applying for citizenship afterward are also included.
You can review this guide to plan your investment correctly and manage the process smoothly.

Criterion	200K USD	400K USD
Valuation Report	Not Required	Required
Currency Purchase Document	Not Required	Required
Receipt	Not Required	Required
Is there a required holding period?	Property must be held to renew the residence permit.	Property must be held for at least 3 years.
Is it possible to apply with a preliminary sales agreement?	No	Yes
Is suitability certificate to be obtained from the authorized institution required ?	Not Required	Required
How many times must applicant visit turkey?	Once at each residence permit renewal	Once for residence permit application and once for citizenship application
Is criminal record required for a residency permit application?	Not Required	Required
Can Spouse Benefit?	Eligible	Eligible
When Is Citizenship Acquired?	May apply for citizenship after 5 years continuous residency in Turkey. The process usually takes approximately 24 months.	The process takes approximately 1 year after the citizenship application is submitted.
Is there a requirement to reside in Turkey?	There is no requirement to remain in Turkey if no citizenship application is to be made.