Official Gazette dated in 19.09.2018 and 07.12.2018 has published some arrangements for Foreigners’ acquirement of Turkish Citizenship. In accordance; Foreigners who bought at least 250.000 USD worth real estate or foreigners who made commitment to buy in the Notary at least 250.000 USD worth real estate can directly acquire Turkish Citizenship.
By this amendment, foreigners making real estate investments worth at least 250.000 USD in Turkey have right to obtain citizenship. According to Turk Stats, real estate sales to foreigners in May 2019 increased 62.5 percent and become 3 thousand 925 compared to the same month of the previous year. Real estate sales to foreigners now an important foreign exchange earning activity for Turkey Market. Experts said it was inevitable the formation of a branch called Citizenship Experts due to Market Data.
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