The required value of the property for citizenship applications through real estate investment has been increased from 250,000 USD to 400,000 USD:
The acquisition of Turkish citizenship was also among the topics at the Presidential Cabinet Meeting arranged on April 12, 2022. The value of the real estate required to apply for Turkish citizenship was increased according to the decision taken.
It is expected that the Regulation on the Implementation of the Turkish Citizenship Law will be amended and the decision will run after it is published in the Official Gazette.
Foreigners, who purchase a property worth at least 400,000 USD, provided that they won’t sell for at least three years, will be able to obtain Turkish citizenship by the decision of the President.
You can check our Citizenship in Turkey page or contact our expert team for Turkish citizenship requirements and more.
Source: Anadolu Agency