Why Move to Türkiye?
Türkiye offers both affordability and a high quality of life in a safe, vibrant, and diverse environment, ideal for savvy investors. The country's strong and stable markets extend to Real Estate opportunities, as there is a vast range of properties available. The investment scene is adaptable to numerous budgets, being very lucrative and well-connected across the country.
By relocating to Türkiye, you will find a cost-effective lifestyle, a welcoming community, a stable political scenario, and a blend of innovation and tradition. Prepare to experience extraordinary flavors thanks to the amazing Turkish cuisine, to lose yourself in magical landscapes, from Istanbul's minarets to the beautiful Turkish Riviera around Antalya.
With a colorful mosaic of cultures, Türkiye stands out as a country full of life and deep cultural roots. Located at the crossroads of Europe and Asia, its perfect location is a stage for festivals, street markets, beautiful fabrics, and tapestry, with a genuine and enthusiastic welcome from locals. Being home to one of UNESCO’s World Heritage Sites, the Bosphorus Strait – which divides Istanbul – Türkiye is most sought after by tourists and history enthusiasts, and for those looking for the unique cosmopolitan energy of Istanbul or the peaceful tranquility of Cappadocia's landscapes.
If you are feeling uncertain about whether Türkiye is the right option for you, contact us at Investment Visa. Our advisory team can guide you through the process of obtaining the Türkiye Golden Visa and relocating to the country, or even refer you to another program altogether.
- Population: 85.000.000
- Capital City: Ankara
- Climate: DryMediterranean influence. Contrasts between coastal and interior regions, with variations in temperature and rainfall throughout the year.
- Time Zone: Türkiye Time (TRT) / GMT + 03:00
- Language: Turkish
- Country Code: +90
- Currency: Turkish Lira
- Economy: Tourism, agriculture, trade, industry, and transportation.
- GDP Per/Cap: USD $9,661
- Borders: Bulgaria, Greece, Armenia, Azerbaijan, Iran, Georgia, Syria, and Iraq.
Türkiye captivates investors and their families with its distinct charm, but it is the lifestyle that will beckon you to stay in the country. In Türkiye, sharing is caring, and locals value hospitality and are proud of their roots, rich historical background, and traditions. When you sit down to dine at a Turkish table, be prepared to immerse yourself in a myriad of aromas and scents, exotic dishes, and great, ancient tales.
Cost of living
If you are seeking relocation to Türkiye, you will have no issue in finding accommodation, as property prices tend to be very affordable. In fact, Türkiye, generally speaking, boasts a low cost of living, which stretches not only to housing costs, but to other aspects of daily life, such as groceries, food, and dining out, among many others.
Safety is one of the many reasons why moving to Türkiye is an excellent choice. In this safe country, with a low crime rate and high care for tourism safety, the political and economic situation is stable and favorable for investments. The sense of community makes it a place that unveils peace and tranquility.
The Turkish healthcare system is of high quality, with trained doctors and a range of facilities all over the country, providing accessibility and affordability. Türkiye provides public medical services, but it is still recommended to purchase private medical insurance.
Türkiye provides an excellent education system. With its versatile structure and internationally aimed conduct, many schools and universities have courses in full English – preparing future generations to thrive in the job market. Teaching methodologies are modern in Türkiye, and their educational facilities mirror US universities' campuses.
Turkish is the country's official language. English is often learned as a second or third language, but its use is not widespread over the entire country, being mostly spoken in densely urban and tourist areas.
Money and taxes
The currency in Türkiye is the Turkish Lira (TRY) and it is typically regarded as a weaker currency in comparison to the U.S. dollar. It is advised to understand the country’s tax, banking, and law system. To better achieve your goals and expectations, monetary management may be needed – whether you are a new resident or investor.
Do I Need a Visa to Move to Türkiye?
Yes, you need a Visa to move to Türkiye. The country offers several options to obtain a visa, be it for study or for work, though the best one to make Türkiye your second residence is definitely through the Citizenship by Investment program, also known as the Türkiye Golden Visa.
Moving to Türkiye as an EU citizen
Most EU or EEA citizens have certain privileges when it comes to moving to Türkiye, as they can visit the country without having a Visa. Depending on the purpose and length of your stay, you might be able to apply for a residency permit later if you wish to extend your time.
Moving to Türkiye as a non-EU citizen
Non-EU or EEA citizens need a visa to move to Türkiye. The Citizenship by Investment program, also known as the Türkiye Golden Visa, is the best path to move to Türkiye permanently. The purchase of a Real Estate property is the most popular option, though the process might prove difficult without guidance. Contact our team of experts and obtain the best professional advice that will ensure your moving abroad process will be significantly easier.
Moving to Türkiye Through Investment Visa Programs
Türkiye offers a vibrant investment market and presents a land of opportunities for investors looking for new ventures or thinking of moving to Türkiye. With a strong economic performance, affordable investments, and potentially high returns, the Investment Visa program is the best choice, with real estate being one of the most sought-after options. The Türkiye Golden Visa requires at least a USD $400,000 investment in real estate to obtain Citizenship.
How can I gain Citizenship in Türkiye?
How to obtain Permanent Residency in Türkiye
You can obtain a Turkish passport through the Citizenship by Investment program. By investing at least USD $400,000 in Türkiye’s investment visa program, you can become a Citizen, forging a bond with the country. The best way to do so is through the purchase of a Real Estate property, as the market has been growing and has shown itself to be one of the most profitable.
There are multiple options for obtaining Permanent Residency in Türkiye, with the most common one requiring eight years of continuously living in the country. However, as this is a time-consuming process, it is not the most feasible option. The best way to obtain Permanent Residency is by skipping the previous step altogether by endeavoring through the Türkiye Golden Visa, which not only grants Permanent Residency, but also Citizenship. There are numerous investment options within the Program that grant Residency to the investor, spouse, children, and parents, such as job creation, and economic contributions, among others. However, the best way to secure a return on the investment is through the purchase of a Real Estate property. Türkiye presents an investment-friendly market with a big chance of profitability and securing your residency.
Frequently Asked Questions
Pros: Rich culture and cost-effective living; strategic location – crossroads with Europe and Asia; affordable and various real estate options, capital appreciation, and booming economy.
Cons: Understanding local economy, taxes, and laws; complex residency requirements; language barrier; stable economic and political scenarios that might be susceptible to external events. With Investment Visa advisors you do not need to worry about bureaucracy, we are here for you.
Evaluate your financial situation and define goals. Türkiye offers investment opportunities that allow individuals to obtain residency. There is a cultural adaptation, including a different language, country, and people. It is a friendly country, welcomes diversity, but there is the need to acknowledge Türkiye’s history and culture.
Considering Türkiye’s high cultural emphasis on family, you can bring your spouse, financially dependent children under 21, and parents to the country with you through the Türkiye Golden Visa program.
Yes. You do not need a job if you are moving to Türkiye through the Citizenship by Investment program. However, financial stability to necessary to live in the country, especially if you are seeking to establish a company or a business in the country.
The most expat-friendly cities are Istanbul and Ankara. One sets a strong economic scenario, perfect for investing and finding a job, while the other is an intellectual city, full of museums and galleries. Both cities represent the country with different lifestyles, and their allure attracts many expats.
In order to move to Türkiye, you must consider the initial investment amount to obtain Citizenship, which starts at USD $400,000. However, due diligence fees always apply, and more funds should always be considered for the move itself. Furthermore, expats and their families can expect to live comfortably in Türkiye with around USD $1,800. However, this amount may vary, depending on location and lifestyle.
It is important to learn Turkish, but a person can live in the country without speaking it. Although the native language is useful for everyday tasks, creating a sense of community, finding employment, and understanding legal processes, English continues to help communication, in tourist areas, among expat communities and larger cities.
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