The minimum real estate purchasing limit will increase to $600.000 for Turkish citizenship applications. Investors can benefit from old-term pricing if they buy property during December. The new regulation will be effective from the beginning of the new year.
$600.000 Worth of Property Purchasing to Get a Turkish Passport
The Turkish Government launched the Turkish citizenship acquisition by investment program in 2017. According to the program, the investors can obtain a Turkish passport if they meet certain criteria, including making an investment that exceeds the minimum property purchasing amount.
In June 2022, the real estate purchasing limit was increased to $400.000 from $250.000. With the new year around the corner, there has been a recent development for Turkish Citizenship acquisition by Investment. Now, as of January 2024, the purchasing limit will be at least $600.000.
Property investors can buy a single real estate that is worth $600.000 or make multiple property purchases that exceed this amount in total.
Final Days to Benefit From the Old Term Pricing!
December is the last month when investors can purchase $400.000 worth of property to get Turkish citizenship. By making a strategic investment now, you can make a $200.000 profit at least, without needing to counterbalance the new purchasing limit, which will be $600.000.
This is the perfect time to invest in your future with TEKCE. Contact us today to find the most suitable properties for Turkish Citizenship applications today!