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Over the past three years, more than 7 thousand foreigners have received Turkish citizenship by property investment

  • 10.12.2020
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Over the past three years, more than 7 thousand foreigners have received Turkish citizenship by property investment

The Investment Citizenship Program was launched in the Republic of Turkey in 2017.

In 2017 - 2018, foreign nationals, having bought residential or commercial premises worth one million dollars, could apply for Turkish citizenship. Since September 2018, this threshold has been lowered to $ 250,000, and since that moment the number of citizenship applications has sharply increased. So, in two years, the number of people wishing to obtain the status of a resident of Turkey by property investments in real estate amounted to 7,242 people.

The top property investors who got Turkish citizenship are residents of Iran. In addition to them, since 2017, investors from the USA (71 people), the UK (17 people) and Canada (31 people) became Turkish residents.

Residents of Saint Kitts and Nevis, Antigua and Barbuda, Comoros, Vanuatu, Belize, Mauritania, Tuvalu and Djibouti also applied for citizenship.

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