Turkish Citizenship by Investment Increased from 250,000 to 400,000 Dollars.

According to the latest updates, the amount required to become a Turkish citizen by investment is changed from $250.000 to $400.000. The decision was taken as part of the cabinet meeting yesterday and announced by the Ministry of Interior.?

From now on, foreigners who want to purchase a house in Turkey to become Turkish citizens will need to pay at least $400,000 to obtain it. The regulation will enter into force after its publication in the Official Gazette. With a decision taken in September 2018, the cost of buying a house for citizenship was reduced from 1 million dollars to 250 thousand dollars. The current changes will probably affect the real estate market in the upcoming days.?