Want more freedom to travel, invest, and secure your future? A second passport or residency unlocks visa-free travel, financial perks, and global opportunities for Turkish citizens. From fast-track Caribbean citizenship to Europe’s Golden Visas in Greece, Portugal, these top programmes help you expand your world and upgrade your lifestyle.

What Does a Second Passport or Residence Permit Offer to Turks?

Citizenship and residency by investment countries share several key advantages. They offer you the ability to:

  • Gain Global Mobility and a “Plan B”: You can leave your current country of residence for another country at any time, even if borders close or diplomatic relations between nations worsen. This provides invaluable security and freedom of movement.
  • Enjoy Unrestricted Stay: You can spend as much time as you wish in another country. Citizens and residents are not subject to limitations like the “90/180-day rule” or other restrictions on the duration of entry. This allows for greater flexibility in lifestyle and travel.
  • Relocate Business and Capital: You can transfer your business to another jurisdiction. Spreading your assets is key to reducing risks in political and economic crises. This can involve establishing a corporate presence, opening bank accounts, and managing investments in a more stable environment.
  • Potentially Reduce Tax Burden: Relocating to another country may help lower your personal income and business taxes. However, it’s essential to select the jurisdiction, as tax laws vary significantly. Some countries offer favorable tax regimes for residents or citizens, but seeking professional advice is crucial.
  • Lower the Cost of Living: You can reduce your living expenses without compromising your quality of life. If rising prices are a concern, consider exploring countries where your income can afford a significantly higher standard of living.

Second Citizenship for Turks

Second citizenship by investment is often chosen by Turks considering various options for their future. A desire for increased global mobility, enhanced security, or greater opportunities might drive this decision.

Turkish law does not prohibit having multiple passports. Second citizenship:

  • Is Granted Permanently: It’s issued once and lasts for a lifetime. In some countries, it can even be passed down to children, grandchildren, and great-grandchildren. This provides long-term security and a lasting legacy.
  • Doesn’t Require Regular Renewal: Unlike a residence permit (oturma izni), second citizenship doesn’t need to be renewed periodically.
  • Offers More Rights Than a Residence Permit: Citizens enjoy more rights than residence permit holders. For example, citizens can access social support programmes and work without additional permits.
  • Simplifies Travel Planning: Some second passports can provide Turks with visa-free access to countries where Turkish passport holders might need a visa. This significantly enhances travel freedom and convenience.

Where Can Turks Obtain Second Citizenship by Investment?

Among the popular options are several Caribbean countries, Vanuatu, and Malta. These are often considered among the easiest countries to get citizenship, especially through streamlined investment programmes. Let’s explore the advantages of these programmes, including some of the cheapest citizenship by investment options available today.

Caribbean Citizenship: A Gateway to Freedom, Luxury, and Global Access for Turks

Imagine owning a passport that unlocks breathtaking tropical landscapes, vibrant cultures, and seamless global travel. Five Caribbean nations offer citizenship by investment (CBI) programs, allowing families to secure a second passport in 4–10 months with investments starting from $200,000. Choose between a non-refundable government contribution — supporting the islands’ economic growth — or real estate investments that can be rented out and sold after 3 – 7 years.

Antigua & Barbuda: Fast and Family-Friendly

Picture yourself strolling along pristine beaches and your family enjoying the warm embrace of Antiguan hospitality. One of the fastest CBI programmes in the Caribbean, Antigua & Barbuda grants citizenship in as little as 4 months. Families with children under 30 can qualify with a government donation starting at $230,000 or a shared real estate purchase from $300,000.

With zero personal income tax and visa-free access to 154 countries, including the EU, Antigua & Barbuda’s citizenship is popular among global entrepreneurs. Though rarely used for relocation, it offers a neutral, trusted passport ideal for travel and international business.

Grenada: A Strategic Passport with Exclusive Perks for Turks

Grenadian citizens enjoy visa-free entry to China, a significant advantage among Caribbean programmes. Grenada passport offers visa-free access to the Schengen Area, allowing stays of up to 90 days within any 180-day period. Grenadians can also enter the United Kingdom without a visa for up to 6 months.

Citizenship is achievable within 10 months with investments from $235,000 (government fund) or $270,000 (real estate).

Grenada’s CBI programme is suitable for large families, as it allows adult siblings to be included in the application for an additional 30% investment.

Dominica: The Most Affordable Caribbean Programme for Turks

Experience the lush, tropical landscapes of Dominica, where investment meets opportunity. Processing takes only 6 months, making it one of the fastest routes to a second passport. Like Grenada, Dominica provides visa-free access to China and the Schengen Area.

If you’re seeking Dominican citizenship through investment, you have two primary avenues: a non-refundable direct government donation from $200,000 (EDF) or real estate investment from $200,000.

Choosing the right option depends on individual financial circumstances and investment goals. The EDF donation is simpler but non-recoverable, while the real estate option requires a higher initial outlay (property purchase plus fees) but offers the possibility of recouping the property investment after 3 years.

St. Kitts & Nevis: Tax Haven & Real Estate Opportunities for Turks

St. Kitts & Nevis offers one of the most powerful passports in the Caribbean, granting visa-free or visa-on-arrival access to over 150 countries, including the EU Schengen Area, the UK, Singapore, and key business hubs worldwide. This makes it an ideal choice for individuals seeking greater global mobility without the need for relocation.

The St. Kitts & Nevis Citizenship by Investment Programme allows individuals to obtain citizenship from 6 months by making an economic contribution to the country.

  • Government donation: from $250,000
  • Real Estate Investments:

– Hotel or condo share: from $325,000
– Private villa: from $600,000

With a zero-income tax policy, St. Kitts & Nevis is an attractive destination for those seeking to reduce their tax burden.

Saint Lucia: A Gateway to Caribbean Citizenship for Turks

Immerse yourself in the enchanting beauty of Saint Lucia, where investment seamlessly transforms into opportunity.

Saint Lucia’s passport provides visa-free or visa-on-arrival access to approximately 147 countries and territories, including the Schengen Area, the United Kingdom, Singapore, and Hong Kong. This makes it one of the most travel-friendly passports in the Caribbean.

With processing times from 6 months and investment options starting at $240,000 (government donation) or $300,000 (Government Bonds Investment). The programme allows applicants to obtain citizenship by investing in non-interest-bearing government bonds. These bonds must be held for at least 5 years before they can be sold or redeemed. Saint Lucia is the perfect choice for families seeking to create a lasting legacy.

Vanuatu: Neutrality and Speed for Turks

Located near Australia, Vanuatu offers the quickest and most cost-effective CBI program, with passports issued in just 1–3 months. Unlike Caribbean programmes, Vanuatu only accepts non-refundable contributions, starting at $130,000 for a single applicant.

With political neutrality and no international conflicts, a Vanuatu passport provides a safe and flexible option for those seeking a discreet and independent global identity.

Nauru: The Hidden Gem of the Pacific for Turks

Though one of the world’s smallest nations, Nauru offers a unique opportunity for those seeking a second citizenship in the heart of the Pacific.

Investors who support key national projects — such as infrastructure, sustainable development, or economic growth — may be considered for naturalization.

  • The minimum investment starts at just $105,000, making it one of the most accessible options in the Pacific.
  • Fast processing — citizenship can be obtained in as little as 3–4 months.
  • Visa-free access to multiple countries, including Hong Kong, Singapore, UK and Ireland
  • Tax-friendly system — no personal income tax and favorable financial policies.

As Nauru continues to develop, early investors may gain a strategic advantage, securing citizenship in a nation that values economic contributors.

El Salvador: Emerging Investment & Citizenship Opportunities for Turks

A rising Central American destination with affordable investment options, growing business opportunities, and breathtaking nature — from stunning Pacific beaches to towering volcanoes and lush coffee plantations, there’s something for every adventurer or a whole family.

By making a one-time donation of 1,000,000 USDT or in BTC, applicants can obtain Salvadoran citizenship in as little as 4 to 6 weeks. The Application Fee is non-refundable and costs $ 999.This programme is limited to 1,000 participants annually.

El Salvador also offers a favorable tax environment with no capital gains tax on certain investments and attractive corporate tax rates, making it a promising option for investors looking to optimize their tax planning while gaining a foothold in the Americas.

For those seeking a swift and crypto-friendly route to citizenship, El Salvador’s programme presents a compelling opportunity.

Malta Citizenship: Gateway to Europe’s Prestige and Freedom for Turks

Maltese citizenship is a golden ticket to the entire EU. A Maltese passport allows visa-free access to over 180 countries, the right to live, work, and study anywhere in the European Union, and a high-quality Mediterranean lifestyle with exceptional healthcare and safety. If you’re wondering how to get EU citizenship, Malta offers one of the most attractive and efficient routes through investment and naturalization programmes.

Malta offers the most exclusive and prestigious citizenship by investment programme in Europe. While it has the highest investment threshold and a longer processing time (1 to 3 years), it remains the only fast-track option to obtain European citizenship without years of residency, language exams, or complex bureaucratic hurdles. So, how can I get European citizenship? Here is the right answer.

These stunning island nations offer more than just second citizenship — they provide a lifestyle upgrade, financial freedom, and greater global access.

Investment Options for Turks

Investors can choose between two paths to Maltese citizenship:

Government Contribution + Rental Property

  • €600,000 or €750,000 government donation
  • €10,000 charitable donation to an approved organization
  • 5-year property lease (€80,000 in total)
  • Total: from €690,000 ($731,645)

Government Contribution + Property Purchase

  • €600,000 or €750,000 government donation
  • €10,000 charitable donation
  • Real estate purchase of at least €700,000
  • Total: from €1,310,000 ($1,374,334)

Pathway to Citizenship for Turks

Initially, investors and their families receive a residence permit. The timeline for full citizenship depends on the chosen investment:

  • €600,000 investment — residency for 3 years before applying for a passport
  • €750,000 investment — residency for just 1 year before obtaining citizenship

Residency by Investment: A Smart Alternative to a Second Passport for Turks

While a second passport offers full citizenship benefits, residency can be a cost-effective, flexible, and strategic alternative. Many countries offer residency-by-investment (RBI) programmes, granting legal residence rights without the full commitment of citizenship.

Greece: Golden Gateway to Europe for Turks

Greece offers one of the most affordable and flexible residency programmes in Europe, making it an excellent choice for Turkish investors. With its stunning islands, rich history, and Mediterranean lifestyle, Greece provides both financial benefits and an unmatched quality of life.

Greece’s Golden Visa Programme is currently one of Europe’s most popular residency opportunities. With a minimum real estate investment of €250,000, investors can obtain a renewable residence permit for themselves and their families. The application process is efficient, typically taking 3-6 months.

The Greek Investment Residency Permit must be renewed every 5 years. However it’s not necessary to live in Greece for its extension. Renewal also does not require repurchasing the property, but it is important to maintain ownership of the investment.

With a residence permit, you may apply for Greek citizenship through naturalization after residing in Greece for 7 years and successfully passing exams in the Greek language and culture.

The Greek Golden Visa programme offers 3 investment options:

From €250,000:

  • Purchase of properties for conversion from commercial to residential or historical restoration.
  • Properties can be located anywhere in Greece and of any size.
  • Commercial properties must be converted to residential use before applying.
  • The restoration of culturally or historically significant buildings must be completed within 5 years.

From €400,000:

  • Investment in a single property of at least 120 sq. m. in areas like Halkidiki and the Peloponnese.

From €800,000:

  • Investment in a single property of at least 120 sq. m. in prime locations, including Attica, Thessaloniki, Mykonos, Santorini, or islands with over 3,100 residents.
For those interested in the Greek Golden Visa, working with experienced professionals can simplify the application process. Experts at Astons can help assess individual needs, ensure compliance with requirements, and guide applicants from document collection to visa submission.

Why Consider Greek Residency?

  • Affordable and Flexible Investment Options: The €250,000 threshold applies when commercial properties are converted into residential use.
  • Golden Visa for the Whole Family — Your family, including spouses, children, and even parents, can also receive residency.
  • No Stay Requirements — Greece does not require you to live there to maintain your residency. You can visit whenever you want while keeping your permit active.
  • Pathway to Citizenship: After 7 years of residency, investors can apply for Greek citizenship by demonstrating integration, including passing a language and cultural knowledge exam.
  • Access to the EU: Live in Greece or use your Golden Visa to travel freely across 26 European countries.
  • Favorable Tax Regime: Greece offers a special tax regime for foreign investors, allowing a flat tax of €100,000 per year on global income.
  • Profitable Investment — The Greek real estate market is booming, offering excellent opportunities to earn rental income and resell at a profit. Many Turkish investors are already buying property in Athens, Thessaloniki, and Crete.
  • Mediterranean Lifestyle: Stunning beaches, delicious cuisine, and a relaxed atmosphere make Greece an ideal place to live and invest.

A Land of Beauty & Heritage for Turks

Greece is a paradise of crystal-clear seas, golden beaches, and breathtaking landscapes. Stroll through the ancient streets of Athens, watch the sunset over Santorini’s whitewashed cliffs, or relax in the luxurious resorts of Mykonos and Rhodes. Enjoy fresh Mediterranean cuisine, world-famous olive oil and seafood, and a peaceful island lifestyle — all just a short flight from Turkey.

For Turkish investors looking for a secure EU backup plan, a valuable real estate opportunity, and a home in one of the world’s most beautiful countries, Greece is the perfect choice.

Portugal: Residency for Turkish Investors

You can obtain a Portuguese residence permit through a non-refundable contribution starting from €250,000 ($265,088) or by investing in personal business projects or local investment funds from €500,000 ($530,166).
If you choose to invest in funds or establish a company, there is a chance to recover your investment. However, this is just a possibility — no guarantees are provided.

The process of obtaining a residence permit takes approximately 12 months. The initial residence card is issued for 2 years, after which it must be renewed. To maintain residency, you need to spend at least 14 days per 2 years in Portugal and retain your refundable investments for about 5–7 years. After 5 years, you can apply for a passport through naturalization.

This picturesque corner of Europe offers a high quality of life at minimal costs. Renting an apartment here costs between $450 and $850 per month, while dining out is affordable at just $15 – 20 per meal. Additionally, if you spend less than 183 days per year in Portugal, you are not required to pay taxes on income earned in other countries.

Beyond financial benefits, Portugal is a country of breathtaking landscapes, golden beaches, and charming historical cities. From the vibrant streets of gorgeous Lisbon to the serene vineyards of the Douro Valley and the stunning cliffs of the Algarve, the country captivates with its natural beauty and mild Mediterranean climate.

Malta: Residency & Citizenship in a Mediterranean Paradise for Turks

Malta offers reliable investment residency options in Europe, taking approximately 6 to 9 months to the process. For investors seeking an affordable Plan B in the EU, Malta is an exceptional choice. Not only can you obtain permanent residency, but with the right investment, you may also become eligible for Maltese citizenship — granting you full EU rights, visa-free travel, and a secure future for your family.

Investment Options for Malta’s Permanent Residency (PR)

The Malta Permanent Residence Programme (MPRP) offers 2 options for international investors seeking European Union residency:

Option 1: Government Contribution and Property Lease

  • Government Contribution: €60,000.
  • Administrative Fee: €50,000 for the main applicant and €10,000 for each additional dependent.
  • Donation to a Non-Governmental Organization (NGO): €2,000.
  • Property Lease: Renting a property with a minimum annual rent of €14,000, totaling €70,000 over 5 years.

Option 2: Government Contribution and Property Purchase

  • Government Contribution: €30,000.
  • Administrative Fee: €50,000 for the main applicant and €10,000 for each additional dependent.
  • Donation to an NGO: €2,000.
  • Property Purchase: Acquiring real estate with a minimum value of €375,000.

Additionally, applicants must demonstrate assets totaling at least €500,000, with a minimum of €150,000 in financial assets.

Why Should Turks Choose Malta?

Malta offers breathtaking beauty — crystal-clear turquoise waters, golden beaches, and picturesque Mediterranean landscapes. From the stunning Blue Lagoon to the historic streets of Valletta, Malta is a dream destination.

Family-friendly benefits — you can extend residency to future children, new spouses, or same-sex partners for a small additional contribution (around 10% of the main investment).

Minimal stay requirements — no need to live in Malta full-time to maintain your permanent residency.

EU access & tax advantages — enjoy visa-free travel across the Schengen Area and take advantage of favorable tax policies for international investors.

Malta is not just a place to invest — it’s a gateway to the European lifestyle. With 300+ days of sunshine per year, a relaxed atmosphere, and easy access to Europe, this island nation is the perfect escape for those seeking beauty, security, and opportunity.

Hungary: A New Investment Residency Opportunity for Turks

Hungary’s investment residency programme is still in its early stages, with some options set to become available only in 2024. However, it already presents an intriguing opportunity for investors seeking European residency, tax benefits, and a high-quality lifestyle.

  • 10-Year Residency for the Whole Family — No mandatory visits required.
  • Flexible Investment Options — Choose between charitable contributions, investment fund shares, or real estate, with a minimum investment of €250,000 ($265,088).
  • Low & Predictable Taxes — Hungary offers a flat 15% income tax for all residents, along with generous deductions for families with children and property owners.
  • Strategic Location in Europe – Live in the heart of the EU, with easy access to Vienna, Prague, and the entire Schengen Area.

A Country of Beauty & History

Hungary offers more than a wise investment — it’s a land of breathtaking scenery, deep history, and a lively, captivating culture. Enjoy the majestic Danube River, grand architecture, and the famous thermal baths of Budapest. Explore the romantic city streets, taste world-renowned Hungarian cuisine, and relax by the beautiful Lake Balaton, often called the “Hungarian Sea.”

How Should Turks Choose Between Residency by Investment and a Second Passport?

Before making a decision, consider your long-term goals:

  • Do you plan to relocate permanently from Turkey or your country of residence? Second citizenship or residency in a country with tax incentives and a high quality of life may be the best choice.
  • Returnable vs. Non-Returnable Investments: If opting for real estate, evaluate maintenance costs, rental potential, and local market trends.
  • Family Inclusion: Decide which family members to include in your application, as this will impact the total investment.
For expert guidance, consult with Astons. Our specialists can help you navigate the available programmes and find the best fit for your future.

FAQ

 

What are the best countries offering citizenship by investment for Turkish nationals?

For Turkish citizens, the top countries offering citizenship by investment include:

  • Caribbean nations: Antigua & Barbuda, Grenada, Dominica, St. Kitts & Nevis, and Saint Lucia — known for speed, affordability, and visa-free access.
  • Vanuatu: This offers one of the fastest and cheapest CBI programmes.
  • Nauru: A lesser-known Pacific nation with a low entry cost and fast processing.
  • EI Salvador: A rising Central American destination with affordable investment options and growing business opportunities.
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