Raising the property value that grants Turkish citizenship to 400 thousand dollars officially
Today, Friday, May 13, the Turkish Official Gazette published Turkish President Recep Tayyip Erdogan's decision to raise the property value that grants its owner the right to obtain Turkish citizenship from 250 thousand to 400 thousand US dollars.
The newspaper indicated that the new decision will enter into force after 30 days from today, on June 12 next.
According to the decision taken in the Cabinet session held on the twelfth of last April, the property value for Turkish citizenship in return for real estate investment increased from 250 thousand dollars to 400 thousand dollars while maintaining the condition of the period for not selling the property at three years.
According to the Ministry of Environment, Urbanization and Climate Change issued at the end of last November, the number of those obtaining Turkish citizenship through real estate investment since 2017 has reached 19,630 foreign investors.
How can I obtain Turkish citizenship with 250 thousand dollars before implementing the decision?
TDA reminds its clients of the need to verify the title deed issuance date, whether before or after June 12. Therefore, we recommend communicating with the Dream Apartment Turkey team to find out the properties corresponding to Turkish citizenship. And take advantage of the remaining 30 days so they can obtain Turkish citizenship in exchange for a Real estate investment of 250 thousand dollars, with the guarantee of a Turkey dream apartment, provided that the last day to transfer the property value is 06/08/2022.
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