Foreign Investors can Obtain Turkish Citizenship

Regulations in Turkey’s Official Gazette state foreigners who own real estate in Turkey worth a min. $1 mn with the special condition of not selling it for at least 3 years will be able to access Turkish citizenship.

Istanbul real estate investment

The regulation covers the following items;

  • Investors must hold at least $1 mn in real estate, which they cannot sell for at least three years,
  • Investors must invest at least $2 mn,
  • They must employ at least 100 people,
  • They must hold government bonds worth at least $3 mn, which cannot be diversified in three years,

Or

  • They must deposit a min. of $3 mn in Turkish banks, which they cannot withdraw for three years.

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