For families and business owners in Baghdad, Erbil, Basra and the Iraqi diaspora: how the USD 500,000 fund route works and what to prepare.
You subscribe to units of a CMB-regulated fund through a Turkish bank or brokerage. The CMB issues a conformity letter, and your lawyer files the residence permit and citizenship applications.
Many Iraqi buyers have faced inflated prices and title problems. In a fund, units are priced by licensed appraisers and held in your own account.
Türkiye is one of Iraq's largest trading partners. Turkish citizenship makes it easier to live, study and do business there.
Units are redeemed under the fund rules once the holding period ends; no need to find a buyer.
Spouse and children under 18 apply on the same investment.
Article 18 of the Iraqi Constitution allows multiple nationality, and Türkiye allows dual citizenship. Holders of certain senior security or sovereign posts in Iraq must renounce other nationalities.
Funds can be sent from banks in Iraq or from accounts abroad, for example in the UAE or Jordan. Turkish banks will ask for documents showing the source of funds.
Investors from the Kurdistan Region follow the same process with their Iraqi passport. Civil status documents from the KRG are legalised in the same way.
Passport, national ID (unified card), birth and marriage certificates and children's documents, legalised and translated into Turkish by a sworn translator.
| Regulated fund | Buying property | |
|---|---|---|
| Price set by | Licensed appraisers, CMB oversight | Seller, developer or agent |
| What you own | Fund units in your account | One title deed |
| Management | Licensed portfolio manager | You, from abroad |
| Exit after 3 years | Redemption under fund rules | Find a buyer |
Read more: Turkish citizenship through a fund · GCC residents · property fraud and revocations.
Yes. Iraqi nationals are eligible for the USD 500,000 fund route on the same terms as other foreign investors.
Yes. Iraq allows multiple nationality (Art. 18 of the Constitution) and Türkiye allows dual citizenship, except for certain senior Iraqi posts.
No. There is no minimum stay; you visit for biometrics and your lawyer handles most steps.
Your spouse and children under 18.
Yes. Funds can come from an account in your name abroad, provided the source is documented.
Related guides: العربية · Turkish citizenship through a fund · GCC residents · Fund documents
This page is general information, not an investment offer or investment, tax, legal or immigration advice. Citizenship is granted only by the Turkish authorities. Fund units carry risk and their value may go up or down; past performance is not a guarantee of future results.
Sources: Capital Markets Board of Türkiye · General Directorate of Population and Citizenship Affairs · KAP.
Tell us about your plans. We will explain the fund route, the documents and the timeline, and answer your questions directly.
