Opportunity to Acquire Turkish Citizenship

With the last amendments in Regulation on the Implementation of Turkish Citizenship Law; acquiring Turkish citizenship has been eased.

After the latest​ amendment, the current criteria for Turkish citizenship eligibility is as follows:

  • Foreigners who make a fixed capital investment of a minimum USD 500.000,
  • Foreigners who purchase a real estate property with a minimum value of USD 250.000 (such property shall also have an annotation of no-sale for at least 3 years at the relevant title registry),
  • Foreigners who generate employment for at least 50 individuals,
  • Foreigners who deposit a minimum of USD 500.000 or its equivalent currency or equivalent Turkish Lira to banks that operate in Turkey with the condition to keep such deposit in the relevant bank for at least 3 years,
  • Foreigners who purchase a minimum of USD 500.000 worth of government bonds and keep in reserve for at least 3 years,
  • Foreigners who purchase a minimum of USD 500.000 worth of real estate investment fund share or venture capital investment fund share and keep in reserve for at least 3 years.

The investors who meet one of the criteria mentioned above will be granted Turkish citizenship as an exception by the decision of the President.

Applicant’s spouse and children who are less than 18 years old will also be granted with Turkish citizenship.

Turkish Citizenship application processes must be conducted by personally or by authorized executives/consultancy firms.

Privileges
Deposit Investment
Application Steps
Documents
Privileges

Which privileges can you enjoy in Odeabank?

  • High quality service
  • Special and advantageous interest rate offers
  • English online banking service at https://www.odeabank.com.tr/en-US
  • English phone banking service on +90 444 8 444
  • English ATM menus, USD and EUR deposit and withdrawal via specified ATMs
  • English-speaking Relationship Managers at specified branches

You can visit the branches listed below to get delicate service for your banking needs.

Branch Address Telephone
BEŞIKTAŞ Sinanpaşa Mah. Ortabahçe Cad. No:13 BEŞIKTAŞ + (90) 212 396 15 00
ETILER Nispetiye Cad. No:60/A-B Etiler BEŞIKTAŞ + (90) 212 359 16 00
MASLAK Maslak Mahallesi Ahi Evran Cad. Olive Plaza No:11 ŞIŞLI + (90) 212 304 81 00
BEBEK Bebek Mahallesi Cevdetpaşa Caddesi No: 36 34342 BEŞIKTAŞ + (90) 212 362 47 00
SUADİYE Bağdat Caddesi NO:406 KADIKÖY + (90) 216 468 54 00
Deposit Investment

How do you get Turkish citizenship via deposit investment?

As a condition for acquiring citizenship via deposit investment, it should be proven by the Banking Regulation and Supervision Agency to have deposited at least USD 500.000 in banks operating in Turkey with the condition of not to withdraw the total balance for at least three years.

The amount determined within the regulation shall be deposited into Odeabank by the foreigner applicant.

For the process, customer must fill and sign a declaration (Letter of Consent) about keeping the deposit amount in the bank for three years and authorizing the bank to inform Banking Regulation and Supervision Agency (BRSA) about current balance and any fluctuations in the amount.

Application Steps

What are the main application steps?

1) Certificate of Conformity:
The certificate of conformity is provided Banking Regulation and Supervision Agency (Financial Consumer Relations Department) for deposit investments.

2) Residence Permit:
After obtaining the certificate of conformity, application for residence permit is made to Provincial Directorate of Migration Management.

3) Citizenship Application:
With completing residence permit application for citizenship can be made to Provincial Directorate of Population and Citizenship or Turkish consulates

Documents

What are the documents needed for application?

  • Application Form
  • Biometric photo
  • Valid passport
  • Documents proving relationships with spouse and children (marriage license, birth certificate for children's)
  • Birth certificate or identity register copy showing credentials
  • If applicable, Turkish ID copy and address of applicant relatives in Turkey
  • Bank receipt showing payment of handling fee

You can visit Odeabank branches for high quality service, a long term relationship management and a variety of products.

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