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Number of naturalized foreigners in Turkey through real estate investment

Following the recent amendments to the law granting Turkish citizenship to foreign investors issued in September 2018, which allows foreigners to obtain Turkish citizenship through real estate investment and owns properties valued at more than 250,000 U.S. dollars.

As a result of the increased communal confidence in Turkey and granting facilities to foreigners to invest, support projects and start companies, more than 2,700 people applied for Turkish citizenship based previous legal amendments.

The Directorate General of Population and Citizenship affairs of Turkey revealed the number of 981 people who had succeeded in obtaining Turkish citizenship by the end of last month.

Based on recent amendments, Iranian citizens ranked first with 253 people., Iraqis with 143 people, Yemenis 97 people, Afghans 94, Syrians 59 people, Palestinians 58 people, Jordanians 57 people, The Egyptians have 45 people, the Chinese 21, and the Azerbaijanis 16.

Since the amendments were passed, 2,700 foreign investors have applied for citizenship, and their total investment sits at $1 billion.

Obtains Turkish citizenship who buys a property worth 250,000 U.S. dollars by guaranteeing that it will not be sold for three years, Or deposit $500,000 in Turkish banks instead of $3 million previously, and reduce the amount of fixed investment in exchange for citizenship from $2 million to $500,000.

We at Qarar Real Estate company, offer you a series of integrated real estate services in addition to providing free Turkish citizenship issuance service when you buy a property from Qarar Real Estate company and meeting the requirements for gaining citizenship in a short period that less than one and a half months.