Anasayfa / Makalelerimiz / Turkish Citizenship Through Bank Deposit: Your Comprehensive Guide
Navigating the path to acquiring Turkish citizenship through a bank deposit requires expert guidance and up-to-date information. The process involves understanding the requirements for Turkish citizenship via this route, being aware of the minimum deposit criteria, and knowing the legal procedures involved. This article aims to guide potential investors through the essentials of obtaining Turkish citizenship by investment bank deposit .
The Turkish government has set specific requirements for investors seeking Turkish citizenship through a bank deposit. As of 2023, an essential condition is the deposit of at least $500,000 in a Turkish bank account for a minimum of three years.
Minimum Bank Deposit for Turkish Citizenship
, the minimum amount required for investment remains unchanged from the past years, which is $500,000. Investors should note that the investment must remain untouched for at least three years.
Banks Accepting Deposits for Turkish Citizenship
Most major banks in Turkey participate in the citizenship-by-investment program and accept deposits for Turkish citizenship. This includes both domestic banks such as Ziraat Bank and Is Bank, as well as international banks with a presence in Turkey, like HSBC and Citibank. However, it is advisable to check with the bank beforehand about the procedures involved.
Legal Procedure for Turkish Citizenship through Bank Deposit
The process involves depositing the minimum required amount in a Turkish bank, obtaining the necessary documentation to prove this deposit, applying through the General Directorate of Civil Registration and Citizenship Affairs, and waiting for the application to be processed.
Remember that the exact steps involved in the process of obtaining Turkish citizenship by bank deposit can be complex and may require legal assistance. An experienced lawyer can guide you through each step, ensuring that all documentation is correct and that you understand all legal requirements.
The procedure for acquiring Turkish citizenship through bank deposit is a promising pathway for investors seeking a favorable investment climate, a strong passport, and access to a world of opportunities. Ensure you consult with a reputable law firm experienced in Turkish citizenship matters to maximize your chances of a successful application.
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| Legal Area | Primary Turkish Legislation | Competent Authority / Court | Key Procedural Rule / Time Limit |
|---|---|---|---|
| Real Estate & Title Deed (Tapu) | Turkish Civil Code No. 4721 (Art. 706) & Land Registry Law No. 2644 | Land Registry Directorate & Civil Courts of First Instance | Official Tapu or Notary form mandatory; DAB currency certificate & valuation required |
| Short-Term Tourist Rentals (Airbnb) | Law No. 7464 on Renting Residential Properties for Tourism | Ministry of Culture & Tourism / Administrative Courts | Unanimous condominium owners’ consent & Tourism Permit mandatory for rentals ≤ 100 days |
| Divorce, Custody & Foreign Decrees | Turkish Civil Code No. 4721 & PILA (MÖHUK) No. 5718 (Art. 50–59) | Family Courts (Aile Mahkemesi) | Foreign decrees require Recognition/Enforcement (Tanıma-Tenfiz) with Apostille |
| Residence Permits, Citizenship & Deportation | Law No. 6458 (YUKK) & Turkish Citizenship Law No. 5901 | Presidency of Migration Management & Administrative Courts | 7 days to appeal deportation orders (automatic stay); 60 days for permit rejections |
Yes. Foreign individuals and companies can execute a special Power of Attorney at any Turkish Consulate abroad or before a notary public in their home country with an Apostille certificate under the 1961 Hague Convention, allowing Attorney Enes Nergiz (Antalya Bar Association No. 6281) to handle title deed transfers, court filings, and administrative appeals without the client traveling to Turkey.
Under Article 706 of the Turkish Civil Code and Article 237 of the Turkish Code of Obligations, contracts transferring real estate ownership are only legally valid if executed officially before the Land Registry Directorate (Tapu) or as a notarized promise-to-sell agreement. However, payments made under informal contracts can be recovered through restitution and unjust enrichment claims.
Under Articles 50–59 of Law No. 5718 (MÖHUK), a final foreign court decree must undergo a Recognition (Tanıma) or Enforcement (Tenfiz) proceeding before a Turkish Family Court (or civil registration for uncontested divorces meeting statutory criteria) before Turkish registries update marital status or enforce custody/alimony orders.
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