Great Interest From Foreign Investor to Turkish Citizenship
How to Get Citizenship in Turkey, Real Estate Turkey
According to data from the Ministry of Interior, General Directorate of Population and Citizenship Affairs, 2611 foreign investors became Turkish citizens in a year since the regulation on the Implementation of the Turkish Citizenship Law.
About Turkish Citizenship with Investment
Since the regulation on the implementation of the Turkish Citizenship Law was amended, the amount of investment and Turkish citizenship was changed. Accordingly, at least $ 2 million of the fixed capital investment requirement, which had to be met to obtain citizenship, was reduced to $ 500,000.
The provision of the purchase of at least 1 million dollars of immovable property for 3 years on the condition of not being sold to the land registry records was also changed by a regulation, the figure was reduced to $ 250 thousand.
Iraqis are in the first place
The number of foreigners who are Turkish citizens with their families has reached 9962. Iraqis with 327 investors rank first in the fields of Turkish citizenship with investment. Afghans follow Iraqis with 240 investors. Other countries that are among the top-ranking Turkish citizens are Palestine with 170 investors, Egypt with 110 investors, Libya with 66 investors, Lebanon with 44 investors, Saint Kitts with 29 investors, Saudi Arabia with 28 investors, Pakistan with 26 investors, 24 Sudan with investors, Russia with 22 investors, Algeria with 21 investors and the USA with 19 investors.
There is a lot of demand from the Chinese
The President of the Builders Association stated that ”the fact that the foreigner approaching 3 thousand is a Turkish citizen is an important result of the steps taken in recent years, and the number will increase further in the coming period.”
He said that the ”Turkey market has followed closely from foreigners, Turkey is a country that is believed in its potential and they are always followed. Now there is a great demand from the Chinese. The country closer to its commercial activities in Turkey.”
$ 250,000 Investment for Turkish Citizenship
President stated that ”250 thousand dollars are a good ratio for in real estate purchases necessary for Citizenship, which was previously the rate of $ 1 million was too high. 250 thousand dollars is in full adjustment. It won’t be lower. Turkey also has value. We need to protect this value. ”