• Investment advice
This article was updated on Wednesday, 13 April, 2022

Citizenship is now $400,000

The cost of attaining citizenship by real estate investment is to increase from $250,000 to $400,000 with immediate effect.

The much mooted increase of attaining citizenship has finally arrived. With rumours abound of the cost increasing to $500,000, the president today signed an order to increase it to $400,000.

The presidential cabinet met on 12/04/2022, to discuss the increase. Despite much pressure to increase the amount to $1,000,000, the cabinet concluded that $400,000 would be the new price.

The citizenship law to be amended is clause (b) of paragraph two, article 20. A new law is not required for the implementation hence the amount can come into affect immediately, once it has been published in the official newspaper.

The remaining rules and regulations are unchanged, more information on citizenship can be found on our detailed guide at this link.

The government is yet to issue guidance on the implementation on this new change – check back for full guidance.

Read more

Turkish Citizenship by investment
Investment advice

Citizenship is now $400,000

The cost of attaining citizenship by real estate investment is to increase from $250,000 to $400,000 with immediate effect.

We recommend

Need help?

About Pera

Our Portfolio

See all our 1000+ property for sale in Istanbul

All rights reserved. © 2021 Pera Property Ltd Şti

Sign in or create an account to save your favourite properties here
“Our mission is to guide our clients in accordance with their needs and requirements.”
Koray Dillioglu
D Koray Dillioglu
CEO @ Pera Property