Turkey Citizenship Program to Raise Minimum Investment to US$400,000 for Real Estate
Several national Turkish papers are today reporting that the country’s Cabinet has decided, during a recent meeting of ministers, to raise the minimum investment requirement for its citizenship by investment program‘s real estate option from US$250,000 to US$400,000.
Turkish paper Star reports that the government aims to amend the 20th article of the Regulation on the Implementation of the Turkish Citizenship Law’s paragraph 2, clause B to raise the minimum investment amount for the real estate option. The new rules will enter into force as soon as the changes are published in the Official Gazette, which is expected in the coming days.
The change would bring the real estate option’s capital requirement closer to the fixed capital, bank deposit, bond purchase, and fund investment options, all of which already mandate a US$500,000 investment. Official reports mention no expected changes to the minimum investment amounts for the non-real estate investment options.
Program specialists with whom IMI has been in touch say applicants and practitioners are still waiting to learn whether and to what degree the changes will affect investors who have already made their property purchase at prevailing minimums but who still await their deed transfer (which can take up to three weeks from completing the payment to the seller) or who are still in line to submit their citizenship applications.
IMI will be back with more as the story develops and more information becomes available.
IMI Pros who can help with Turkish Citizenship by Investment
. | Name | Expert based in | Areas of expertise | Program you'd like help with | Service language(s) | Get Started |
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Adriano Vieira | 🇵🇹 Lisbon | Portugal Golden Visa Portugal D7 Visa Portugal HQA Visa | English, Spanish, French, Portuguese | |||
Alex Ingrim | 🇮🇹 Florence | Residence and Citizenship by Investment, International Tax and Wealth Planning | Greece Golden Visa Italy Elective Residency Visa Italy Investor Visa Malta Permanent Residence Program Portugal Golden Visa Spain Golden Visa Spain Non-Lucrative Visa United States EB-5 | English | ||
André Gonçalves | 🇦🇪 Dubai | Residence and Citizenship by Investment | Antigua & Barbuda CIP Greece Golden Visa Grenada CIP Malta MEIN Malta Permanent Residence Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Vanuatu DSP/REO/VCP | English, Portuguese | ||
Ariane Real | 🇵🇹 Lisbon | Portugal Golden Visa Portugal D7 Visa Portugal HQA Visa | English, Spanish, Portuguese | |||
Calvin Mazlumyan | 🇺🇸 Los Angeles | Antigua & Barbuda CIP Canada Startup Visa Dominica CIP Greece Golden Visa Grenada CIP Italy Investor Visa Malta MEIN Malta Permanent Residence Program Philippines Special Investor Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Singapore Entrepass Spain Golden Visa Thailand Elite Residence Program Turkey CIP UAE Golden Visa UK Startup/Innovator Visa United States E2 Visa United States EB-5 Vanuatu DSP/REO/VCP | English, French, Spanish, Turkish | |||
Christina Georgaki | 🇬🇷 Thessaloniki | Greece Golden Visa; Greece FIP | English, Greek | |||
David Lesperance | 🇵🇱 Gdynia | Citizenship by Descent, Residence and Citizenship by Investment, US Expatriation, International Tax and Wealth Planning, Family Office Advisory | Antigua & Barbuda CIP, Dominica CIP, Grenada CIP, Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Bahamas Economic Permanent Residence Cayman Islands Investor Visa Cyprus Golden Visa Greece Golden Visa Latvia Investor Visa Malta Permanent Residence Program New Zealand Investor Visa Panama Qualified Investor Visa Portugal Golden Visa Spain Golden Visa Austria Independent Means Visa Gibraltar Category 2 HNWI Residence Greece FIP Visa Ireland Independent Means (Stamp 0) Italy Elective Residency Visa Jersey High Value Residency Portugal D7 Visa Canada Startup Visa Panama Business Investor Visa UK Startup/Innovator Visa Hungarian Citizenship by Descent Irish Citizenship by Descent Italian Citizenship by Descent Latvian Citizenship by Descent Polish Citizenship by Descent | English | ||
Ekaterina Mavrenkova | 🇨🇭 Zürich | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cayman Islands Investor Visa Greece Golden Visa Malta Permanent Residence Program New Zealand Investor Visa Portugal Golden Visa Spain Golden Visa United States EB-5 | English, Russian | |||
Elena Ruda | 🇦🇹 Vienna | Andorra Residence Without Lucrative Activity Antigua & Barbuda CIP Austria Independent Means Visa Canada Startup Visa Cyprus Golden Visa Dominica CIP Greece Golden Visa Grenada CIP Italy Investor Visa Malta MEIN Malta Permanent Residence Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Spain Golden Visa Turkey CIP UAE Golden Visa United States EB-5 Vanuatu DSP/REO/VCP | English, Russian, German | |||
Eric G. Major | 🇬🇧 London | Citizenship by Descent, Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Anguilla Permanent Residency Program Australia BIIP Investor Streams Cayman Islands Investor Visa Colombia Investor Visas M and R Greece Golden Visa Malta Permanent Residence Program New Zealand Investor Visa Portugal Golden Visa Spain Golden Visa Germany Self-Employment Visa Guernsey Investor & Entrepreneur Residency United States EB-5 | English, French | ||
Geoffrey DuBoulay | 🇱🇨 Saint Lucia | Residence and Citizenship by Investment | Saint Lucia CIP | English | ||
George Ganey | 🇺🇸 Washington DC | Residence and Citizenship by Investment | United States EB-5 United States E2 Visa | English, Spanish, Catalan | ||
Güvenç Ketenci | 🇹🇷 Istanbul | Residence and Citizenship by Investment | Antigua & Barbuda CIP, Dominica CIP, Grenada CIP, Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cyprus Golden Visa Greece Golden Visa Malta Permanent Residence Program Portugal Golden Visa UK Startup/Innovator Visa United States EB-5 United States E2 UAE Golden Visa Austria Independent Means Visa Monaco Carte de Séjour Vanuatu DSP/REO/VCP | English, Turkish | ||
Hakan Cortelek | 🇹🇷 Istanbul | Citizenship by Descent, Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cayman Islands Investor Visa Greece Golden Visa Malta Permanent Residence Program New Zealand Investor Visa Portugal Golden Visa Spain Golden Visa United States EB-5 | English, Turkish | ||
Hannah Ma | 🇸🇬 Singapore | Residence and Citizenship by Investment | Antigua & Barbuda CIP Australia BIIP Investor Streams Canada Startup Visa Cyprus Golden Visa Dominica CIP Greece Golden Visa Grenada CIP Malaysia M2H Visa Malta MEIN Malta Permanent Residence Program Portugal D7 Visa Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Singapore Entrepass South Korea Investor Visa Spain Golden Visa Spain Non-Lucrative Visa Thailand Elite Residence Program Turkey CIP UAE Golden Visa UK Startup/Innovator Visa United States E2 Visa United States EB-5 Vanuatu DSP/REO/VCP | English, Chinese | ||
Imad Elbitar | 🇹🇷 Istanbul | Andorra Residence Without Lucrative Activity Antigua & Barbuda CIP Austria Independent Means Visa Canada Startup Visa Cyprus Golden Visa Dominica CIP Greece Golden Visa Grenada CIP Italy Investor Visa Malta Permanent Residence Program Nicaragua Investor PR Nicaragua Pensionado and Rentista Visas Panama Business Investor Visa Panama Qualified Investor Visa Panama Rentista Retirado Visa Paraguay Permanent Residency Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Spain Golden Visa Turkey CIP UAE Golden Visa United States EB-5 Uruguay Independent Means Visa Vanuatu DSP/REO/VCP | English, Arabic, German | |||
Jasmin Lopez | 🇲🇽 Mexico City | Andorra Residence Without Lucrative Activity Antigua & Barbuda CIP Austria Independent Means Visa Canada Startup Visa Cyprus Golden Visa Dominica CIP Greece Golden Visa Grenada CIP Italy Investor Visa Malta Permanent Residence Program Nicaragua Investor PR Nicaragua Pensionado and Rentista Visas Panama Business Investor Visa Panama Qualified Investor Visa Panama Rentista Retirado Visa Paraguay Permanent Residency Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Spain Golden Visa Turkey CIP UAE Golden Visa United States EB-5 Uruguay Independent Means Visa Vanuatu DSP/REO/VCP | English, Spanish | |||
Kemal Nicholson | 🇦🇪 Dubai | Antigua & Barbuda CIP Dominica CIP Grenada CIP Malta Permanent Residence Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP UAE Golden Visa | English | |||
Kevin Hosam | 🇦🇬 Antigua & Barbuda | Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Anguilla Permanent Residency Program Australia BIIP Investor Streams Bahamas Economic Permanent Residence Barbados SERP Program Bermuda Economic Investment Certificate (EIC) Program Cayman Islands Investor Visa Colombia Investor Visas M and R Greece Golden Visa Latvia Investor Visa Malta Permanent Residence Program New Zealand Investor Visa Philippines Special Investor Residence Permit Portugal Golden Visa Spain Golden Visa Barbados Welcome Stamp Paraguay Permanent Residency Program Uruguay Independent Means Visa Andorra Residence Without Lucrative Activity Cambodia My 2nd Home Canada Startup Visa Cyprus Golden Visa Malaysia M2H Visa Monaco Carte de Séjour Panama Business Investor Visa Panama Qualified Investor Visa Panama Rentista Retirado Visa Vanuatu DSP/REO/VCP | English | ||
Laszlo Kiss | 🇲🇹 Malta | Antigua & Barbuda CIP, Dominica CIP, Grenada CIP, Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cyprus Golden Visa Greece Golden Visa Malta Permanent Residence Program Portugal Golden Visa UK Startup/Innovator Visa United States EB-5 United States E2 UAE Golden Visa Austria Independent Means Visa Monaco Carte de Séjour Vanuatu DSP/REO/VCP | English, Hungarian | |||
Matías Apparcel | 🇨🇱 Santiago | Residence and Citizenship by Investment | Portugal Golden Visa Portugal D7 Visa Portugal HQA Visa | English, French, Spanish, Portuguese | ||
Melvin Warshaw | 🇺🇸 Boston | Residence and Citizenship by Investment, International Tax and Wealth Planning, US Expatriation | United States EB-5 United States E2 | English | ||
Mona Shah | 🇺🇸 New York | Residence and Citizenship by Investment | Antigua & Barbuda CIP Grenada CIP Portugal Golden Visa Saint Kitts & Nevis CIP Turkey CIP UK Startup/Innovator Visa United States EB-5 | English | ||
Natalie Fridlender | 🇻🇳 Saigon (HCMC) | Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cayman Islands Investor Visa Greece Golden Visa Malta Permanent Residence Program New Zealand Investor Visa Portugal Golden Visa Spain Golden Visa Russia Golden Visa | English, Russian | ||
Nicolas Salerno | 🇵🇹 Lisbon | Residence and Citizenship by Investment | Antigua & Barbuda CIP Canada Startup Visa Cyprus Golden Visa Dominica CIP Greece Golden Visa Grenada CIP Malta MEIN Malta Permanent Residence Program Monaco Carte de Séjour Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP UAE Golden Visa United States EB-5 | English, French, Spanish | ||
Paul Williams | 🇬🇧 London | Antigua & Barbuda CIP, Dominica CIP, Grenada CIP, Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Cyprus Golden Visa Greece Golden Visa Malta Permanent Residence Program Portugal Golden Visa UK Startup/Innovator Visa United States EB-5 Spain Golden Visa Vanuatu DSP/REO/VCP Canada Startup Visa | English | |||
Peter Dunn | 🇿🇦 Johannesburg | Residence and Citizenship by Investment | Vanuatu DSP/REO/VCP | English | ||
Philippe May | 🇸🇬 Singapore | Citizenship by Descent, Residence and Citizenship by Investment, International Tax and Wealth Planning | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Anguilla Permanent Residency Program Australia BIIP Investor Streams Bahamas Economic Permanent Residence Barbados SERP Program Bermuda Economic Investment Certificate (EIC) Program Cayman Islands Investor Visa Colombia Investor Visas M and R Greece Golden Visa Latvia Investor Visa Malta Permanent Residence Program New Zealand Investor Visa Philippines Special Investor Residence Permit Portugal Golden Visa Spain Golden Visa Barbados Welcome Stamp Paraguay Permanent Residency Program Uruguay Independent Means Visa Andorra Residence Without Lucrative Activity Cambodia My 2nd Home Canada Startup Visa Cyprus Golden Visa Malaysia M2H Visa Monaco Carte de Séjour Panama Business Investor Visa Panama Qualified Investor Visa Panama Rentista Retirado Visa Vanuatu DSP/REO/VCP | English, German, Chinese | ||
Rogelio Caceres | 🇺🇸 Miami | Bahamas Economic PR Canada Startup Visa Cayman Islands Investor Visa Costa Rica Investor Visa Czech Citizenship by Descent Hungary Citizenship by Descent Ireland Citizenship by Descent Italy Citizenship by Descent Latvia Citizenship by Descent Panama Qualified Investor Visa Poland Citizenship by Descent Portugal D7 Visa Singapore Entrepass Slovak Citizenship by Descent Spain Golden Visa Spain Non-Lucrative Visa UAE Golden Visa UAE Golden Visa United States E2 Visa United States EB-5 | English, Spanish | |||
Sam Bayat | 🇦🇪 Dubai | Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cayman Islands Investor Visa Greece Golden Visa Malta Permanent Residence Program New Zealand Investor Visa Portugal Golden Visa Spain Golden Visa Canada Startup Visa United States EB-5 | English, French, Farsi | ||
Slava Apel | 🇨🇦 Toronto | Residence and Citizenship by Investment | Canada Startup Visa | English, Russian, Romanian | ||
Troy Neel | 🇻🇺 Vanuatu | Residence and Citizenship by Investment | Vanuatu DSP/REO/VCP | English | ||
Vito Magagnino | 🇨🇭 Zürich | Residence and Citizenship by Investment | Antigua & Barbuda CIP Austria Independent Means Visa Germany Self-Employment Visa Greece Golden Visa Grenada CIP Malta MEIN Malta Permanent Residence Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP UAE Golden Visa UK Startup/Innovator Visa United States EB-5 Vanuatu DSP/REO/VCP | English, German, Italian | ||
Zaid Aldayriyeh | 🇦🇪 Dubai | Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Greece Golden Visa Grenada CIP Malta MEIN Malta Permanent Residence Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Spain Golden Visa Turkey CIP UAE Golden Visa United States EB-5 Vanuatu DSP/REO/VCP | English, Arabic | ||
Name | Expert based in | Areas of expertise | Program you'd like help with | Service language(s) |