Increasing the property value for Turkish citizens from 250 to 400 thousand dollars

Increasing the value of the property to obtain Turkish citizenship to 400 thousand dollars after approving the amendment approved by the meeting of the Presidency of the Council of Ministers, where the value of the property required for Turkish citizens was increased from 250 thousand dollars to 400 thousand dollars. On Turkish citizenship, after it was agreed at the Presidential Council of Ministers meeting to increase its value.

News about raising the value of the properties of Turkish citizenship candidates to 400 thousand dollars

Several Turkish media reported breaking news, and Anatolia News Agency published the news on its official website, stating the following: They discussed, in exceptional circumstances, raising the value of the real estate that investors must buy to apply for Turkish citizenship in exchange for real estate investment. At the Presidential Cabinet meeting, it was agreed to raise the value of real estate candidates for Turkish citizenship from $250,000 to $400,000, and accordingly, it is expected that Article 20, Paragraph 2(b) of the Administrative Regulations relating to the implementation of the Turkish Citizenship Law will be amended.

It is expected that the amendment will be published in the Official Gazette during the next few days, so that the conditions for obtaining Turkish citizenship in return for a real estate investment are: Possession of at least $400,000 or its equivalent, provided that the property’s value is not less than $400,000 or its equivalent, which is sold within 3 years.