Our view
Multi Mulk Recommends Türkiye Citizenship by Investment
On return there is no contest: Türkiye’s property lets at 5–7% a year and sells on the open market after three years, while a Portuguese fund subscription returns whatever the fund does, on the fund’s terms — the property route that made the programme famous closed in 2023. Citizenship, the reason most families ask, is granted outright in Türkiye and is ten years and a language test away in Portugal. A Turkish passport does not reach the Schengen Area visa-free and a Portuguese residence card does, which is the one point in Portugal’s favour worth weighing. For a family whose objective is a second citizenship rather than a European address, Türkiye is our recommendation.
Factor by Factor
| Factor | Multi Mulk recommendsTürkiye Citizenship by Investment | Portugal Golden Residence Permit |
|---|---|---|
| Minimum investment | US$400,000 | €250,000 |
| Holding period | 3 years — Most favourable | 5 years |
| Gross rental yield | 5–7% | Not confirmed |
| Capital returned at exit | Yes — Most favourable | Yes — Most favourable |
| Resale market | Open market — Most favourable | Programme buyers or the instrument’s terms |
| Illustrative 5-year return (ROI) | +25–35% · US$100,000–US$140,000 income | Not confirmed |
| Processing time | 3–6 months — Most favourable | 18–36 months |
| Visa-free destinations | 110 | Not confirmed |
| Schengen access | No | Yes |
| Dual citizenship allowed | Yes | Yes |
| Time required in country | None required | Not confirmed |
| Visit required | No | Yes |
| Dependent children up to | 18 years | Not confirmed |
| Parents can be included | No | Not confirmed |
| Citizenship after | Granted directly — Most favourable | 10 years |
| Taxes worldwide income | Yes | Yes |
Illustrative 5-year return: the gross rental yield shown above, over five years, on the minimum investment shown — before purchase costs, taxes and fees — with the capital itself retained where the route is an asset that can be resold. A market range, not a forecast or a guarantee.
Last reviewed 14 September 2026 · Reviewed by Multi Mulk Advisory Team
Programme 01
Türkiye Citizenship by Investment
Türkiye’s programme grants citizenship directly — no residence, no visit, no language test — to a family that buys a qualifying property and holds it for three years.
- 01Minimum investment: US$400,000
- 02Processing time: 3–6 months
- 03Citizenship after: Granted directly
Multi Mulk recommends
Türkiye Citizenship by Investment
Citizenship for the applicant, spouse and children under eighteen, granted directly rather than after years of residence — a passport with visa-free or visa-on-arrival access to around 110 destinations and eligibility for the United States E-2 treaty investor visa. Dual citizenship is recognised.
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Enquire about Türkiye Citizenship vs Portugal Golden Visa
Tell us what you are looking for and an adviser will come back to you with current availability, pricing and the next steps.
- info@multimulk.com
- Address
- UAE Grosvenor Business Tower, Office 1909, Al Thanyah First, Barsha Heights, Dubai
- Türkiye Burc Plaza, Gökevler Mah. 2312 Sk. Blok No:18J, Kat:5, Ofis No:48-49, Beykent / Istanbul
- Pakistan 192-B, 3rd Floor, Broadway Commercial, DHA Phase VIII, Lahore, Pakistan
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