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Can I invest in a franchise store in Istanbul to get citizenship or does the investment have to be in a startup or real estate?

Bearing in mind the investment in a franchise store will be at least $600,000 if not more.


Answers
  • ADMD Mavioglu & Alkan Law Office
    July 19, 2023

    Foreigners who make a fixed capital investment (equipment, machinery, land, etc.) of at least USD 500,000 into a Turkish company can also become eligible for CBI, however, as noted, the investment shall not be into company capital/shares only, it should be a fixed asset investment. Therefore, the issue will depend on details, but in principle, franchise investment itself may not be sufficient.