The program allows foreigners who purchase real estate or carry capital above a certain threshold to obtain Turkish citizenship. One of the most notable features of this program is that investors can acquire Turkish citizenship without the requirement to reside in Turkey, providing significant opportunities for those seeking a better life and future.
According to the latest information from the Turkish government, changes to the property options for citizenship by investment will be implemented in 2024, with the investment amount increasing from $400,000 to $600,000 or higher. This change means that future investors will need to invest more capital to obtain Turkish citizenship.
Therefore, if you are interested in obtaining citizenship through real estate investment in Turkey, along with activities such as opening overseas accounts and asset protection, now might be a favorable time, as the investment threshold is expected to rise in the future.
Turkey is a country rich in culture and historical heritage, and it is also experiencing rapid economic development. Its geographical location on the Eurasian continent makes it a crucial hub for transportation and trade.
The Turkish government has been consistently working on advancing the country's development and reforms. Thus, investing in the Turkish real estate market not only provides an opportunity to obtain Turkish citizenship but also promises good returns.
According to data released by Knight Frank International, the Turkish real estate market has shown robust performance in recent years, with a price increase of up to 96%.
However, it's essential to note that purchasing Turkish real estate as an investment is not solely for citizenship application; investors should carefully consider the risks and potential returns in the real estate market.
Investors need to analyze the trends and supply-demand dynamics of the Turkish real estate market diligently and choose an investment plan that suits their needs.