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$250,000 for a Turkish passport

As predicted in March 2018, the Turkish government passed a new law, reducing the required investment level for the Turkish "Golden Passport".
Following initiatives in other EU countries, Turkey also allowed for investors making a one time investment of $1,000,000 to qualify for Turkish nationality.
Such a high figure did not attract many investors, and authorities decided to reduce this to $250,000

Requirements

  • Full requirements have been outlined in law number 5901, 46th paragraph.
  • An investment of $250,000 in real estate qualifies the investor and his/her family for Turkish nationality.
  • The real estate in question must be title deed (Tapu) ready - in most cases this means the real estate in question is key ready. However in some cases, projects under construction are able to provide title deeds before completion.
  • The investment amount must be sent in one sum, from outside the borders of Turkey. It must be at least $250,000 or its equivalent in a foreign currency.
  • The purchase must be made in one go, that is to say a purchase with a payment plan would disqualify the eligibility.

See our full guide on our dedicated citizenship page at this link.

Read more
2021 Istanbul investment guide
International buyers are exempt from VAT in Turkey
Atasehir – financial district
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D Koray Dillioglu
CEO @ Pera Property