Turkish Citizenship
The Turkish government provided several facilities and incentives that aroused the interest of investors from all over the world, including the Turkish citizenship program through real estate investment. To obtain Turkish citizenship through real estate investment, investors must meet a number of certain conditions:
- Purchase a property or group of properties in Turkey worth at least $400.000.
- Maintain the property and not sell it for at least 3 years.
- The person wishing to buy real estate and obtain Turkish citizenship must be a holder of one of the nationalities that are allowed to own and buy real estate in Turkey. This law includes most nationalities with the exception of the following nationalities: Syrian, Armenian, Cuban, Nigerian, and North Korean.
Investors have many real estate investment options to choose from, including:
- Residential real estate: Purchasing residential real estate, such as apartments or houses, is the most popular option for investors seeking Turkish citizenship. These properties can be used for personal residence or rental income.
- Commercial real estate: Investing in commercial real estate, such as offices or shops, is also eligible for citizenship.
- Agricultural land: Investing in agricultural land is one of the options, provided that it meets the minimum investment level.