The Turkish authorities have made significant changes to the rules for obtaining citizenship through the purchase of real estate. We are talking about tightening conditions for foreign investors. In accordance with the new rules, it is no longer possible to obtain a “golden passport” through the acquisition of land plots without development. The changes were approved by Resolution No. 7938, which was signed by the President.
It is worth noting that the minimum cost of investment in real estate to obtain citizenship has not changed – 400 thousand US dollars. It is possible that it will become higher in 2024.
But the most important change is, of course, investments in areas with already constructed buildings.