Citizenship by Investment Program
Turkish Citizenship Law’s Article 12 allows foreign investors to acquire Turkish citizenship in exceptional terms; with 18.09.2018 dated 106 numbered Presidential Decree, amendatory new arrangements have been made regarding the amounts mentioned in the Article 20 of the Regulation on the Implementation of the afore mentioned Law.
Within this scope, the foreign investors;
According to the new amendment, the amount for Turkish citizenship by real estate investment has changed. With the latest update, foreigners who purchase real estate worth at least $400,000 have the right to apply for Turkish citizenship. This right applies not only to the investor but also to the legally married spouse and children under 18.
• The easiest and fastest option is to become a Turkish citizen by purchasing a property worth $400,000
• The documents requested by the government institutions should be prepared in accordance with the legislation.
• After the application to The General Directorate of Land Registry and Cadastre, real estate appraisers check if the purchased property is worth $400,000 or not.
• The applicant must hold the property for a minimum of 3 years.