At the end of October 2023, it became known that the authorities increased the minimum investment in real estate to obtain a residence permit in Turkey by 2.5 times to $200,000. But not so long ago, an investor could obtain Turkish citizenship for such an investment. Now you can take part in the passport program by purchasing real estate for an amount of $400,000 or more.
Turkey’s passport program is one of the most sought after in the market in 2023. Several factors contribute to this success. Firstly, many investors are ready to connect their lives and business with this country, from where there are many flights to all points of the world. Secondly, the option of purchasing real estate is very attractive. This is a return investment, and the choice of local premium real estate is very wide.
So, to apply for the Turkish Citizenship by Investment program, you need to purchase real estate in the amount of $400,000 or more. Together with the main applicant, a spouse and children under 18 years of age can receive citizenship.
