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Turkish Citizenship for Nigerian Investors: The Regulated Fund Route

A clear guide for investors from Nigeria and the Nigerian diaspora: how the USD 500,000 fund route works, what documents to prepare and why a regulated fund is simpler than buying property from abroad.

Short answer: A Nigerian national can apply for Turkish citizenship by investing at least USD 500,000 in units of a real estate fund regulated by the Capital Markets Board of Türkiye and holding them for three years. Spouse and children under 18 are included and there is no requirement to live in Türkiye.

How the fund route works

Instead of buying an apartment, you subscribe to units of a real estate fund regulated by the Capital Markets Board of Türkiye (CMB). The CMB issues a conformity letter, and your lawyer files the residence permit and citizenship applications.

One transparent investment

One subscription at a price set by licensed appraisers, units held in your own account and fund disclosures published on KAP.

No property to manage

No tenant, building charges, property tax or repairs to follow from abroad.

Exit after three years

After the holding period, units are redeemed under the fund rules. There is no need to find a buyer.

Family included

Your spouse and children under 18 apply with you on the same investment.

What Nigerian investors should check first

Dual citizenship

Türkiye allows dual citizenship. Under the Nigerian Constitution, the rule that a person loses Nigerian citizenship by taking another nationality (section 28) applies to citizens by registration or naturalisation, not to citizens by birth. Confirm your own position with a Nigerian lawyer.

Moving funds

The investment must come from an account in your name, for example a domiciliary account in Nigeria or an account abroad, with documented source of funds. The Turkish bank carries out its own compliance checks.

Avoid unregulated offers

Buy only through regulated channels. Our funds are supervised by the CMB and their disclosures are public on KAP, so every figure can be checked independently.

Documents

Passport, birth and marriage certificates and children's birth certificates, apostilled and translated into Turkish by a sworn translator.

Step by step

  1. Call and fund selection: we explain the funds, the documents and the timeline, and you choose a fund.
  2. Tax number and accounts: a Turkish tax number and a bank or brokerage account are opened, usually by your lawyer with a power of attorney.
  3. Transfer and conversion: USD 500,000 is transferred from an account in your name, converted at a Turkish bank and the fund units are bought.
  4. CMB conformity letter: the Capital Markets Board confirms the investment and the three-year holding commitment.
  5. Residence permit and citizenship file: your lawyer files the applications; biometrics follow.
  6. Decision: citizenship is granted by presidential decision, then ID cards and passports are issued.

Fund or property?

Regulated fundBuying property
Price set byLicensed appraisers, CMB oversightSeller, developer or agent
Valuation rulesCMB fund rules, stableTKGM valuation and TTB rules, changed several times since 2019
What you ownFund units in your own accountOne title deed
ManagementLicensed portfolio managerYou, from abroad
Exit after 3 yearsRedemption under fund rulesFind a buyer

Read more: Turkish citizenship through a fund · cost comparison 2026 · 2026 valuation rule change · timeline.

Frequently asked questions

Can a Nigerian citizen get Turkish citizenship by investment?

Yes. Nigerian nationals are eligible for the USD 500,000 fund route on the same terms as other foreign investors.

Will I lose Nigerian citizenship?

Section 28 of the Constitution applies to citizens by registration or naturalisation. Citizens by birth should confirm their position with a Nigerian lawyer, but the constitutional restriction does not apply to them.

Do I need to live in Türkiye?

No. There is no minimum stay. You visit for biometrics and your lawyer handles most steps.

Can I pay from a domiciliary account?

Yes, as long as the account is in your name and the source of funds is documented.

Which family members are included?

Your spouse and children under 18.

Author
Serkan Topaktaş, Chairman of FT Gayrimenkul ve Girişim Sermayesi Portföy Yönetimi A.Ş., a portfolio management company licensed by the Capital Markets Board of Türkiye. He works on structuring real estate and venture capital funds and their tax planning.
Last updated: 15 October 2026

Related guides: Turkish citizenship through a fund · Cost comparison 2026 · Fund documents · Turkish passport benefits

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. · Constitution of the Federal Republic of Nigeria 1999, s. 28.

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