With scores of foreign property buyers considering Turkish citizenship after the government slashed the costs of the criteria, we have put together a useful step-by-step guide for those thinking of applying. What's happened? Back in September 2018, the Turkish government reduced the qualifying criteria for a real estate investment from $1 million to $250,000. This has resulted in nearly 300 investors, mostly from the Middle East, applying for Turkish citizenship, and enabling more than … [Read more...]
Turkey to offer wealthy foreigners new citizenship
Turkey to offer wealthy foreigners new citizenship Turkey has stepped up to entice more wealthy foreign property investors - with the chance to apply for citizenship. The country announced it will grant citizenship to foreigners who buy property worth more than $1 million and a minimum of $2 million investment. Alternatively, foreign investors will be able to take up citizenship if they have more than $3 million in a bank account for more than three years. And with Istanbul set to … [Read more...]
