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Turkish Citizenship by Investment for 250,000$
will Increase to 400,000$ on 13 June 2022

In the practice of granting Turkish citizenship to foreigners in return for the purchase of the real estate, the minimum investment amount increased from $250,000 to $400,000 and will enter into force on 13 June 2022.

In other words, it is last 12 days to get Turkish citizenship with a minimum investment amount of 250,000$.

 

Ministry of Environment, Urbanization and Climate Change, General Directorate of Land Registry and Cadastre, Department of Foreign Affairs, sent a letter to regional directorates and population directorates and announced that citizenship transactions will be made over the limit of 250,000$ until 24:00, June 12, 2022.

 

 

In the letter, it was noted that the applications made via Webtapu or ALO 181 until 12.06.2022 and 24:00 will be accepted, and if any of the documents that determine the value (currency purchase document, valuation report and receipt) are missing, the application will be terminated by informing the concerned person.

 

Applications received before the specified date but canceled due to missing documents such as foreign currency purchase certificate, and valuation report, and if it is determined that the document was issued before 13 June, the transaction will be made based on the value of 250,000$.

 

If the citizenship commitment has been taken, but the 250,000 USD value sought at the stage of the certificate of conformity has not been met, or the commitment has been canceled due to the deficiencies in the documents (currency purchase document, valuation report and receipt) that are the basis for the value, the value of 400 thousand lira will be taken as the basis for the commitments to be made after 13 June 2022.

 

Note: Citizenship applications can be made simultaneously with the purchase of the real estate in Turkey. For this, it is sufficient to write "For CITIZENSHIP application" in the explanation section when making a sales application via Weptapu.

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