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In the past, 2 million dollars investment capital in Turkish banks was used to be a must while 1 million property investment should be purchased. However, it complicates to become a citizen of Turkey not only as a budget, the period of paperworks go through a little harsh as well.
Afterwards, within the fast growing real estate market in the big and touristic cities such as Istanbul, Izmir, Mugla, etc. Turkey real estate turns out the ruling part of the Turkish economy. Nowadays, many residence projects are consumed at the off-plan phase. That’s why the market also starts to seem attractive from all over the world. Especially Istanbul real estate is seen as a profitable market for both local and foreign nationals.
Afterwards, within the fast growing real estate market in the big and touristic cities such as Istanbul, Izmir, Mugla, etc. Turkey real estate turns out the ruling part of the Turkish economy. Nowadays, many residence projects are consumed at the off-plan phase. That’s why the market also starts to seem attractive from all over the world. Especially Istanbul real estate is seen as a profitable market for both local and foreign nationals.
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Thousands of hundreds properties are sold out to foreign investors and market keeps its expansion towards up constantly. To push a little high and expands the market share, Turkish government decides to arrange some laws under the leadership of Recep Tayyip Erdogan.
With the decision published on 19.09.2018 on the Turkish official newspaper, some regulations regarding the transition of foreigners to Turkish citizenship changed. Turkish citizenship will be given directly to foreigners who buy at least $ 250.000 real estate investment in Turkey.
With the decision published on 19.09.2018 on the Turkish official newspaper, some regulations regarding the transition of foreigners to Turkish citizenship changed. Turkish citizenship will be given directly to foreigners who buy at least $ 250.000 real estate investment in Turkey.