Key facts
- Türkiye allows dual nationality. Law 5901 (Art. 44) requires you to notify the authorities after you acquire the second nationality. No prior permission is needed.
- Main gain: Schengen, UK and Canada access. Turkish passport 112 destinations; Argentine 169 (Henley, July 2026).
- Türkiye left the FATF grey list in June 2024 and is not on it after June 2026.
- Both countries are Apostille Convention parties.
- Cost: US$350,000 non-refundable, or a US$800,000 bond. Applications open in Q4 2026.
Ask a Turkish business owner about travel and the conversation turns quickly to Schengen appointments. Waiting times, refusals and short-validity visas are a real cost for people who sell into Europe. That is the practical case for Argentina citizenship by investment for Turkish citizens.
What Turkish law says about a second nationality
A common belief is that a Turk needs government permission to take another nationality. That was the position under the old Law No. 403. It changed with Turkish Citizenship Law No. 5901, published on 12 June 2009, which repealed Law 403.
Under Article 44 of Law 5901, a Turkish citizen who acquires a foreign nationality keeps Turkish citizenship. The duty is to notify the authorities after the acquisition, not to ask in advance. The person submits documents, and after an identity check the authority adds a multiple-citizenship note to the family registry. Permission (Article 25) is needed only to give up Turkish citizenship.
The General Directorate of Population and Citizenship Affairs (NVI) describes the notification procedure:
- form VAT-12, two biometric photos and your Turkish ID;
- a notarised Turkish translation of a document showing the date you acquired the foreign nationality (for Argentina, typically the naturalisation document or the Argentine ID);
- an in-person application, or one through a special power of attorney, at a district population directorate in Türkiye or at a Turkish mission abroad. Postal applications are not accepted.
Notify promptly once your Argentine naturalisation is granted, and make sure your names and dates match exactly. The NVI says procedures stop where foreign identity data differs from the registry. Argentina, for its part, does not ask you to renounce Turkish citizenship. Our dual citizenship guide explains the Argentine side.
Military service: the passport does not change it
Military Service Law No. 7179 (2019) applies to Turkish men from the year they turn 20 to the year they turn 41. Article 39 offers payment in foreign currency (dövizle askerlik) for men who have lived abroad for at least three years, with remote training. Dual citizens resident abroad qualify after three years abroad without a work condition.
The key point: the route depends on residence abroad, not on holding a second passport. A Turkish man who becomes Argentine but lives in Istanbul keeps the ordinary obligation. If you plan to move abroad, check the current fee and conditions with the consulate, as the amount is updated regularly.
The mobility gain
| Destination | Turkish passport | Argentine passport |
|---|---|---|
| Schengen Area | Visa required | Visa-free, 90/180 days |
| United Kingdom | Visa required | ETA |
| Canada | Visa required | Visa, or eTA if you hold a US visa or a recent Canadian visa |
| Japan | Visa-free, 90 days | Visa-free, 90 days |
| Argentina | Visa-free, 90 days | Citizen |
| United States | Visa required | Visa required |
| Henley Passport Index, July 2026 | 112 destinations (#49) | 169 destinations (#16) |
The Schengen line is the one that matters for most Turkish clients. Argentina’s 30-day visa-free entry to China (valid until 31 December 2026) is a smaller bonus. The United States remains closed without a visa: Argentina left the Visa Waiver Program in 2002 and has no date to rejoin. See our Argentine passport guide.
Moving funds and tax
The US State Department’s 2025 investment climate report states that Türkiye sets no limit on foreign currency that individuals send abroad through financial institutions. Argentina, in turn, requires all funds to pass through the formal financial system with a documented, lawful source. Keep bank records of how the money was earned and converted.
Türkiye taxes residents (those who stay more than six months in a calendar year) on worldwide income, with a top rate of 40% in 2026. A new nationality does not change that.
On the Argentine side, people naturalised through investment are not treated as Argentine tax residents solely because of the naturalisation. Ordinary tests, such as permanent residence, apply. Speak to a qualified adviser in both countries if you plan to move.
Compliance and documents
- FATF: Türkiye was placed under increased monitoring in October 2021 and removed in June 2024. It is not on the list after the June 2026 plenary.
- Apostille: Türkiye has applied the Hague Apostille Convention since 1985, and Argentina since 1988. Turkish civil-registry and criminal-record documents can be apostilled rather than legalised.
- Due diligence: Argentina’s Agency checks identity, the traceability and legality of funds, assets, jurisdictional risk, criminal and reputational background, and migration history. SIDE, the UIF and the Ministries of Security and the Interior take part, and Migraciones gives final approval.
The legal caveat
The investment route rests on DNU 366/2025. On 18 June 2026, Chamber III of the federal civil and commercial appeals court (the Volosh case) struck down the parts of the decree that give citizenship decisions to Migraciones. On 30 June 2026 the Cámara Nacional Electoral declared the whole decree unconstitutional. The government has appealed to the Supreme Court and says the decree stays in force until the ruling is final. Read our legal status page before you commit.
Cost for a Turkish family
| Family | Donation route |
|---|---|
| Single applicant | US$350,000 |
| Couple | US$450,000 |
| Couple + 2 children under 18 (official example) | US$500,000 |
| Couple + 2 children aged 18–25 (single, no children) | US$650,000 |
The bond route is US$800,000 for the main applicant; press reports say it is held for seven years and pays no interest. Government fees are not yet published. See our cost guide.
Is it right for you?
Good fit: you travel to Europe or the UK often for business, your funds are well documented, and you are comfortable with an investment whose legal basis is still before the courts.
Think twice: if your sons are of military age and live in Türkiye, the passport will not change their obligations. If the United States is your main destination, an Argentine passport does not help yet.
A private briefing can help you weigh the options for your family.
Sources
- Turkish Citizenship Law No. 5901 (Mevzuat): https://www.mevzuat.gov.tr/mevzuatmetin/1.5.5901.pdf
- Turkish Citizenship Law No. 5901, English text (NVI): https://www.nvi.gov.tr/kurumlar/nvi.gov.tr/mevzuat/nufusmevzuat/ingilizce/TURKISH_CITIZENSHIP_LAW_5901.pdf
- NVI, multiple citizenship procedure: https://www.nvi.gov.tr/cok-vatandaslik
- NVI, citizenship FAQs: https://www.nvi.gov.tr/sss-vatandaslik-hizmetleri
- Military Service Law No. 7179 (Mevzuat): https://www.mevzuat.gov.tr/mevzuatmetin/1.5.7179.pdf
- Argentina, Ministry of Economy release on the programme (2 October 2026): https://www.argentina.gob.ar/noticias/luis-caputo-anuncio-la-puesta-en-marcha-del-programa-de-ciudadania-por-inversion-de
- US State Department, 2025 Investment Climate Statement, Türkiye: https://www.state.gov/reports/2025-investment-climate-statements/turkey/
- Türkiye tax residence and rates (PwC): https://taxsummaries.pwc.com/turkey/individual/residence and https://taxsummaries.pwc.com/turkey/individual/taxes-on-personal-income
- Argentine tax residence (PwC): https://taxsummaries.pwc.com/argentina/individual/residence
- Türkiye MFA, visa requirements for Turkish citizens: https://www.mfa.gov.tr/turk-vatandaslarinin-tabi-oldugu-vize-uygulamalari.tr.mfa
- Henley Passport Index, July 2026 data (Henley API): https://api.henleypassportindex.com/api/v3/countries
- Visa requirements for Argentine citizens (Wikipedia): https://en.wikipedia.org/wiki/Visa_requirements_for_Argentine_citizens
- HCCH, Apostille Convention status table: https://www.hcch.net/en/instruments/conventions/status-table/?cid=41
- FATF, high-risk and other monitored jurisdictions: https://www.fatf-gafi.org/en/topics/high-risk-and-other-monitored-jurisdictions.html
- New Zealand DIA, FATF jurisdictions under increased monitoring, June 2026: https://www.dia.govt.nz/AML-CFT-Jurisdictions-under-increased-monitoring-June-2026
- FATF grey list after the 19 June 2026 plenary (AML UAE): https://amluae.com/fatf-grey-list-countries-update-19th-june-2026/
- Cámara Nacional Electoral ruling (Perfil): https://www.perfil.com/noticias/judiciales/la-camara-nacional-electoral-anulo-el-dnu-de-milei-sobre-ciudadania-y-migraciones-el-fallo-considero-la-medida-inconstitucional.phtml
- Government appeal (La Nación): https://www.lanacion.com.ar/politica/el-gobierno-ira-a-la-corte-en-un-intento-por-mantener-en-manos-de-migraciones-la-entrega-de-las-nid01072026/
- Bond terms (AP via ABC News): https://abcnews.com/Business/wireStory/debt-saddled-argentina-pitches-golden-passport-scheme-woo-136953269
