Introduction BES for Turkish citizenship has become one of the most structured and legally predictable investment routes for foreign investors applying for Turkish citizenship by investment in 2026. Although BES (Private Pension System) is often promoted as a simple and penalty-free investment, it is in fact a citizenship-linked legal commitment that must be properly structured from the outset. In this article, we answer the 10 most frequently asked legal questions about BES

Introduction Real Estate vs Bank Deposit vs BES for Turkish Citizenship is one of the most frequently asked questions by global investors considering the Turkish Citizenship by Investment program in 2026. Most publicly available content focuses on surface-level comparisons or investment returns. However, Turkish citizenship is not a commercial product, it is a formal legal procedure governed by Turkish law, financial regulations, and compliance standards. Therefore, the corre

Introduction The Turkish Citizenship by Investment 2026 program remains one of the most structured and regulated investment migration programs available to foreign investors. Under Turkish law, eligible applicants may obtain citizenship through qualifying investments made in Turkey, subject to strict legal and compliance requirements. As of 2026, Turkish Citizenship by Investment is treated as a formal legal procedure, not a commercial or agency-driven process, and must be ha

What is CRS? The Common Reporting Standard (CRS) is an international framework developed by the OECD for the automatic exchange of financial account information between participating countries. Its purpose is to combat tax evasion by ensuring that financial institutions report certain account details of foreign tax residents to their local tax authorities, which may then be shared with the relevant foreign jurisdictions. Is Turkey part of CRS? Yes. Turkey is a participating j

Turkish Citizenship by Bank Deposit: A Real 3 Year Outcome One of the most frequently asked questions by foreign investors considering Turkish citizenship by bank deposit  is simple: “What happens to my money after 3 years?” In this article, we share a real client case  involving a Taiwanese national  who invested 500,000 USD  through a Turkish bank deposit under the citizenship by investment program and the actual financial result after the mandatory 3 year holding period .

1. Purpose and Scope of the Analysis This report examines the cumulative USD-denominated performance  of two groups of foreign investors in 2025: Foreign investors who exited KKM in February 2025  and renewed their position as TL time deposits , Foreign investors who first entered TL deposits after February 2025 . The central question is: “Between February and December 2025, how much total USD return did the investor generate?” All returns are expressed as cumulative period r

In 2025, foreign investors choosing between BES vs Bank Deposit  for Turkish citizenship often ask the same question: Which investment offers higher safety and better returns? Here is the full comparison using real BES fund data , verified gold fund performance , and state-regulated custody structures. 1) Market Returns 2024–2025 Gold: 87.47% Bank Deposit: 45.03% Repo: 40.09% FX Basket: 26.65% Eurobond: 33.35% BIST100: 8.99% Gold remains the strongest performer. 2) Real BES G

INTRODUCTION As Turkish Citizenship by Investment (TCBI)  continues to attract international investors, two financial routes stand out as the most secure and predictable options in 2025: USD 500,000 Bank Deposit USD 500,000 Private Pension Fund (BES) Investment Both paths lead to the same outcome: Full Turkish citizenship  for the investor and eligible family members. However, these two investment methods differ significantly in terms of: Tax (withholding) impact Profitabilit

Why Everyone Talks About “Valuation Exemption” When Buying Property in Turkey? If you have researched the Turkish property market, you’ve surely noticed a phrase that keeps appearing: “valuation-exempt projects.”  Understanding this concept is essential, especially if you plan to obtain Turkish citizenship by investment . What Is a Valuation-Exempt Property in Turkey? Under Turkish real estate and immigration regulations, any property purchased for the citizenship program req

1. Legal Basis Turkish citizenship by bank deposit is defined under: Turkish Citizenship Law No. 5901 , Implementation Regulation Article 20/2-ç , which requires depositing USD 500,000  into a Turkish bank and keeping it for 3 years . 2. General Overview of the Process Power of attorney → Same-day bank account opening USD 500,000 → Sale to the Central Bank & DAB issuance Opening TL time-deposit account → 3-year blocking commitment Application to BDDK for the conformity letter

Introduction Renouncing Turkish citizenship  has become increasingly common among individuals who hold multiple citizenships or plan to acquire a foreign nationality. However, this is not a mere administrative procedure — it directly affects one’s legal status, property rights, and eligibility to reapply for Turkish citizenship in the future. At IGA Law Firm , we provide a detailed overview of the current (2025) regulations, the documentation process, and the legal nuances of

At IGA Law Firm , we’re proud to announce that many of our clients have recently received their Turkish Redacted Citizenship Approval Letter Samples - From the Recently Approved Cases Redacted Citizenship Approval Letter Sample - From the Recently Approved Cases Redacted Citizenship Approval Letter Sample - From the Recently Approved Cases Redacted Citizenship Approval Letter Sample - From the Recently Approved Cases Citizenship Approval Letters ; a milestone that marks the s

Why Obtain Turkish Citizenship? Turkey has become one of the most attractive destinations for global investors seeking second citizenship through real estate investment . With its dynamic economy, strategic location bridging Europe and Asia, and a growing real estate market, the Turkish citizenship by investment program  offers a secure and profitable pathway to global mobility. Under current regulations, foreign investors who purchase real estate worth at least USD 400,000  

Foreign nationals who have at least one Turkish parent  may qualify for a family connection work permit in Turkey (Türkiye) ; a faster,...

Legal basis:  The Work Permit Evaluation Criteria  annexed to the Regulation on the Implementation of the International Workforce Law...

Introduction Turkey’s Citizenship by Investment program now includes an option that is gaining popularity: Turkish Citizenship by...

For Turkish citizens living abroad, there are two important legal tools to manage compulsory military service: military service deferral...

At IGA Law Firm , we are proud to announce that our clients’ Turkish Citizenship by Investment applications were approved in only 6...

Obtaining Turkish citizenship by investment  is an exciting milestone. Upon receiving your Citizenship Approval Letter, you may book your...

Greece Golden Visa: A Solution to Visa Challenges In recent years, Turkish citizens have faced significant difficulties in traveling and...