Historical citizenship update
Turkey Citizenship Investment Threshold Increased to $400,000
This article was originally published when the Turkish citizenship by investment real estate threshold increased from $250,000 to $400,000.
For the latest requirements, legal process and current rules, please refer to our updated guide.
The cost of attaining Turkish citizenship by real estate investment increased from $250,000 to $400,000 following a presidential decision in 2022.
The much-discussed increase followed months of speculation within the market. Although there had been rumours that the threshold could rise as high as $500,000 or even $1,000,000, the final figure was set at $400,000.
The presidential cabinet met on 12 April 2022 to discuss the increase. The amendment applied to clause (b) of paragraph two, article 20 of the relevant regulation. As this was a regulatory amendment rather than a new law, implementation could take effect immediately following publication in the Official Gazette.
Aside from the increase in the minimum investment amount, the broader framework of the Turkish citizenship by investment programme remained unchanged at the time.
Buying property for Turkish citizenship today
If you are considering Turkish citizenship through real estate, the most important step is selecting a property that is compliant with the programme, correctly valued, and structured appropriately for the application process.