Since the last quarter of 2018, the conditions for the purchase of housing sought while obtaining Turkish citizenship, which is 250 thousand dollars, are being updated. It is now 60 percent more expensive to become a citizen.
One of the easiest methods for foreigners to obtain citizenship in our country, ‘citizenship in return for housing’ applications has been updated. A foreign national who was previously from our country 250 thousand dollars citizenship, which was given when he bought a house worth worth, became more expensive with the new decision.
According to the decision taken at the Presidential Cabinet meeting held yesterday, the Turkish citizenship application condition, which is currently 250 thousand dollars, is accepted. 60 percent raise to do. ‘Turkishpeople who want to be 400 thousand dollars will have to buy housing.
The ‘price’ paid for being Turkish has risen
In the period until September 2018 1 million dollars Housing purchase requirement for Turkish citizenship acquisition, after September 2018 250 thousand dollars had been lowered. In line with the new decision taken, the minimum value of the real estate condition sought in the application for Turkish citizenship, whose price will increase again, together with a 60 percent increase. 400 thousand dollars it will be. This decision, which has not yet entered into force, Official newspaperIt is expected to be published in .
Accordingly, foreign nationals who buy a house worth 400 thousand dollars in Turkey will be able to obtain citizenship of the Republic of Turkey if they do not sell this real estate for three years. Real estate value requirement according to TUIK data 1 million dollars while in our country 22,234 residences was sold to foreigners (2017). However, this amount 250 thousand dollars Housing purchases by foreigners gained a great momentum after falling to the level of. full in 2019 45,483 residences sold to foreign nationals.
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