Foreign ownership
Permitted, with limitsas of 2026-03 · source Foreign individuals may acquire real estate anywhere private property is permitted, up to 30 hectares per person. Foreign nationals may NOT acquire property within prohibited military zones or military security zones (and require governor's-office permission in special security zones). Total acquisition by foreign individuals may not exceed 10% of the total district area where private property is allowed.
Gross yield range
4%–7%as of 2026-07 · sourceDATA QUALITY WARNING: Turkish yield figures are unusually unreliable because of severe currency instability. Nominal lira rents and prices have both risen dramatically, but the meaningful question for a foreign investor is the USD-denominated return, and clean USD yield series are scarce. Commentary citing '15–25% annual price growth' refers to LIRA prices during a period of very high inflation — it is not a USD return and should not be read as one. Do not underwrite Turkish property on lira-denominated growth figures. Rental income tax
Progressive Turkish income tax applies to rental incomeas of 2026-03 · source Rental income from Turkish property is taxable in Türkiye. The investor may rent the property out during the mandatory three-year hold. Specific rates and allowances should be confirmed with a Turkish tax adviser — reliable, current, English-language sourcing on Turkish rental taxation for non-resident owners was not available at the quality bar used elsewhere on this site, and no figure is published here rather than publish an unsourced one.
Citizenship pathway
Turkish citizenship for a USD 400,000 real estate investment, held 3 yearsas of 2026-05 · source Under Article 20 of Turkish Citizenship Regulation No. 5901, with the real estate threshold set at USD 400,000 since June 2022 (raised from USD 250,000). The investor purchases one or more qualifying properties totalling USD 400,000+; a 'no-sale restriction' annotation is registered on the title deed for three years; the valuation must be confirmed by an SPK-licensed independent appraiser; payment must be made through the Turkish banking system. Spouse and children under 18 are included in the same application at no additional investment. Parents are NOT eligible.
No residency requirement — before, during, or after. No language test. No interview. No minimum stay, ever. Dual citizenship permitted. Processing typically 3–12 months (sources vary; 6–12 months is a realistic planning assumption). After year three, the annotation is removed and the property may be sold freely — citizenship is permanent and unaffected.
Passport value
Visa-free or visa-on-arrival access to 110–138 countries (sources vary)as of 2026-06 · source Sources cite between 110 and 138 destinations. Turkish citizens can obtain a 5-year C-2 Schengen visa (permitting 90 days in any 180) — but note this is a VISA, not Schengen free movement. Türkiye is NOT an EU member; a Turkish passport does not confer EU residence or work rights.
Critically, and almost uniquely among CBI programmes, Turkish citizenship confers eligibility for the US E-2 investor visa. This is a strategic gateway available to very few CBI passports globally, and is a genuine reason investors from countries without an E-2 treaty (notably India and mainland China) pursue the Turkish route specifically.
New tax development
Türkiye's parliament passed legislation introducing a 20-year exemption from income tax on FOREIGN-SOURCED earnings for qualifying new residents.as of 2026-06 · source As reported in mid-2026, the law was awaiting presidential promulgation (a formality, given the initiative originated with the President). If enacted as described, it would position Türkiye among the most competitive long-term tax destinations globally for HNWIs and entrepreneurs. IMPORTANT: this concerns FOREIGN-sourced income for new tax residents — it is not a property tax exemption, and it is not yet confirmed as being in force. Verify current status before relying on it.
