property

Turkish citizenship by investment in 2022, changes in legislation

Now it’s official! New rules for obtaining Turkish citizenship by investment in 2022. To apply for Turkish citizenship through real estate, the cadastral value must be at least 400,000 US dollars as of June 13th.  

Publication in the Official Bulletin of Legislation: https://www.resmigazete.gov.tr/eskiler/2022/05/20220513-20.pdf

The corresponding order was signed by Turkish President Recep Tayyip Erdogan. Changes in legislation: 

It was decided to implement the attached “Regulation on Amending the Regulation on the Application of the Turkish Citizenship Law” in accordance with Article 46 of the Turkish Citizenship Law No. 5901.

ARTICLE 1 – The phrases “250,000” in subparagraph (b) of the second paragraph of Article 20 of the Regulation on the Application of the Turkish Citizenship Law, which was enacted by the Decision of the Council of Ministers of 02.11.2010 and the number 2010/139 was changed to “400.000”. 

Changes started to effect 1 month from the date of publication.

If you are interested in buying real estate in Turkey for citizenship, please contact our manager for advice. It can be multiple objects. Real estate must meet certain criteria, not every object is suitable for obtaining citizenship. In addition, there are features of the execution of such a transaction.

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