Turkey citizenship vs Spain Golden Visa
Why an active programme matters when others are winding down.
Spain has moved to wind down its Golden Visa, so it is no longer a reliable long-term route. Turkey’s citizenship-by-investment programme is active and grants a passport directly from a US$400,000 property, making it the more dependable option for Bangladeshi investors planning in 2026.
Is the Spain Golden Visa still available?
Spain announced the end of its Golden Visa, and the real-estate residency route has been wound down. Even when it operated, it granted residency (not citizenship), with Spanish citizenship requiring around ten years of residency for most non-EU nationals. Turkey’s programme remains open and grants citizenship directly.
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Turkey vs Spain at a glance
| Feature | Turkey | Spain Golden Visa |
|---|---|---|
| Status (2026) | Active | Wound down |
| Outcome | Citizenship + passport | Residency (when active) |
| Citizenship timeline | ~Months | ~10 years residency |
| Minimum investment | from US$400,000 | €500,000 real estate (former) |
Programme rules for every country change frequently; figures here are indicative for 2026 and must be verified against official sources at the time you apply.
What should you do now?
With Spain closing the door, investors seeking a near-term result are better served by an active programme. Turkey offers a direct passport, a recoverable asset, and no residency requirement — a more certain plan for 2026.
Common questions
Yes — Spain moved to end the Golden Visa, and the real-estate residency route has been wound down. Confirm the latest position before relying on it.
For a quick, direct passport with a recoverable asset, Turkey’s citizenship by investment is a leading alternative. EU-residency seekers may also look at Greece.
Last reviewed: May 2026
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