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Turkish Citizenship in Turkey through real estate purchase will be 400,000 USD!

Turkish Citizenship in Turkey through real estate purchase will be 400,000 USD!

The application for Turkish Citizenship in Turkey through real estate purchase will be 400,000 USD starting from 13 June 2022. Until that date, the current application will be furthered over 250,000 USD.

The application will be valid from 13 June 2022

The real estate purchase price for the acquisition of Turkish citizenship in Turkey has been updated as $400,000 with the regulation published in the Official Gazette of the Republic of Turkey. President Recep Tayyip Erdoğan published the “Regulation on Amending the Regulation on the Implementation of the Turkish Citizenship Law” in the Official Gazette of the Republic of Turkey dated 13 May 2022 and numbered 31834.

Turkish Citizenship by Real Estate Investment

The Republic of Turkey provides exceptional Turkish Citizenship and Residency to foreigners by a certain amount of Real Estate Investment according to the Turkish Citizenship Law No. 5901. Please find below the guidance for your information;

  • You need to buy a real estate in Turkey which is worth a minimum of 400,000 US dollars.
  • Time condition for all investments is 3 years.
  • You can be a Turkish citizen with the condition that you can take back all investments along with legal revenues 3 years later.
  • You can sell your real estate once the required time expires and you are granted Turkish citizenship.
  • The applicant’s spouse and children who are younger than 18 years old will also be granted Turkish citizenship.
  • You do not have to live in Turkey to participate in the Turkish Citizenship application.
  • Your Turkish Citizenship will remain for a lifetime and your children will be born as Turkish citizens.
  • You can keep multiple citizenships along with your Turkish Citizenship.

Civil Engineer Mithat GÜNEY, PMP YouTube Channel

I am sharing videos and information about Professional Project Management, Construction Projects and Site Images from all around the world on my Civil Engineer Mithat GÜNEY, PMP YouTube channel.

Mithat GÜNEY, PMP YouTube Channel

Source; 13 May 2022 (resmigazete.gov.tr)

Rewriter; Civil Eng. Mithat GUNEY, PMP

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