Most CBI cost pages assume a donation. Türkiye is structured differently. The qualifying contribution is an investment in real estate or in a regulated Turkish instrument, held for three years. After the hold, the principal is yours to sell, redeem, or restructure. This page itemises both tracks side-by-side and surfaces the E-2 treaty downstream benefit that justifies the premium over Caribbean and Pacific options.
Track 1 / Real Estate
Purchase Turkish real estate at or above the minimum threshold. Property is held for three years; after the hold, the asset is yours to sell or retain. The simplest route for buyers who want a tangible underlying asset.
Track 2 / Alternative
$500,000 deployed in one of five regulated instruments: bank deposit, government bonds, fixed capital, fund shares, or private pension. Held for three years; principal recoverable after the hold. Suits buyers who do not want to manage Turkish real estate from abroad.
Qualifying investment
$400,000
Turkish real estate at or above the threshold. Recoverable after the 3-year hold.
Transaction costs
~$22,000
Transfer tax, VAT where applicable, notary, SPK valuation, and FOREX certificate.
21 CBI advisory (5% of investment)
$20,000
Source-of-funds documentation, partner coordination, FOREX certificate liaison, and Provincial Directorate filing.
Government processing
$574
Per applicant. Ministry of Interior and Provincial Directorate fees.
Due diligence and legal
$12,000
Turkish legal partner, AML/CTF, Financial Intelligence Unit (FIU) coordination, and document preparation. Flat at engagement.
All-in, out of pocket (year 1)
~$454,574
Net cost after the 3-year hold
The qualifying investment is recoverable on sale or redemption; this is the real price of the passport.
~$54,574
Family size barely moves the Türkiye number; the program does not scale the investment per dependent. The variable cost per additional applicant is the per-person government processing fee.
| Line item | Real Estate ($400K) | Alternative ($500K) |
|---|---|---|
Qualifying investment Recoverable after 3-year hold. | $400,000 | $500,000 |
Transaction costs Real estate only: transfer tax, VAT where applicable, notary, SPK valuation, FOREX certificate. Alternative track: minimal banking and legal fees. | ~$22,000 | ~$3,000 |
21 CBI advisory (5% of investment) Source-of-funds documentation, partner coordination, FOREX certificate liaison, Provincial Directorate filing. | $20,000 | $25,000 |
Government processing (per applicant) Ministry of Interior + Provincial Directorate fees. | $574 | $574 |
Due diligence and legal Turkish legal partner, AML/CTF, Financial Intelligence Unit (FIU) coordination, document preparation. Flat at engagement. | $12,000 | $12,000 |
All-in (out of pocket, year 1) | ~$454,574 | ~$540,574 |
Net cost after 3-year hold + asset sale Assumes investment returns at par. Real estate may sell above or below purchase; alternative tracks return principal. | ~$54,574 | ~$40,574 |
Total program cost for a single applicant on the real-estate route is approximately $452,574: the $400,000 minimum qualifying property purchase, $20,000 21 CBI advisory (5% of investment), and approximately $32,574 in transaction taxes (~6%), government processing, FIU due diligence, FOREX Certificate, and notary fees. Alternative investment routes (bank deposit, government bonds, fixed capital, fund shares, private pension) start at $500,000 with the same 3-year hold requirement; the 21 CBI advisory scales accordingly. BTC, Lightning, and USDT are our payment rails on the 21 CBI advisory fee; credit cards and bank transfers also accepted as needed. The qualifying investment itself settles in Turkish Lira through licensed FOREX channels per program rules.
For live BTC and sats equivalents on the recoverable and non-recoverable components, use the Cost Calculator.
Türkiye is a US E-2 treaty country. A Turkish citizen who makes a substantial investment in a US business can apply for the E-2 treaty investor visa to live and operate in the United States, with the spouse permitted to work in the US and the visa renewable indefinitely as long as the qualifying US investment is maintained.
For founders and operators who need long-term US presence without the EB-5 capital requirement ($800K+ and a years-long backlog), the E-2 pathway is the lowest-friction option available to non-immigrants. Türkiye citizenship is the gateway. That single downstream benefit is the reason most Türkiye applicants in the 21 CBI book are paying the premium over Vanuatu ($130K) or São Tomé ($90K): they are not buying a passport; they are buying the E-2 eligibility.
The E-2 visa itself is a separate US filing administered by USCIS. Its requirements (substantial US investment, active operating business, intent to direct and develop the enterprise) are not 21 CBI scope; we coordinate with US immigration counsel for the E-2 application after Turkish citizenship is granted.
BTC, Lightning, and USDT are our payment rails for the 21 CBI advisory fee and the due-diligence fee; credit cards and bank transfers also accepted as needed.
The investment amount itself (real-estate purchase, bank deposit, fixed capital injection, fund subscription, or pension contribution) must settle in Turkish Lira through regulated Turkish banking channels per Turkish program rules. The Ministry requires a FOREX Certificate documenting that the funds entered Türkiye through the formal banking system. We handle the conversion via licensed Turkish FOREX provider, lock the BTC/USD rate at the moment of wire, and document the FOREX Certificate end-to-end.
The Turkish FOREX Certificate is the program-specific overlay; the underlying source-of-funds package is the same Bitcoin methodology we use across every program. Origin discovery, custody mapping, on-chain analysis, reconciliation. The Ministry treats a well-documented Bitcoin-origin file the same way a Vanuatu or El Salvador FIU does: clear documentation clears; gaps stall the file.
The full methodology is public: Bitcoin source-of-funds methodology.
At $400,000 minimum investment, Türkiye sits between Vanuatu ($130,000 donation) and El Salvador ($1,000,000 contribution). The premium over Vanuatu is the recoverable-investment structure plus E-2 access. The discount versus El Salvador is the absence of Bitcoin-native settlement and the longer processing window.
If Türkiye is the right shape (for the E-2 layer, for the recoverable investment, or both), the next step is a confidential call. We will walk the real estate vs alternative trade-off against your specific situation on the first call. Encrypted. No obligation.
Adam Juchniewicz, CEO, 21 CBI
