New changes in the law on granting Turkish citizenship in 2022

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Granting Turkish 2022

Since 2012, foreigners who invested their money in Turkish real estate began to receive citizenship. To do this, it was necessary to purchase real estate worth $1 million. No changes have been made to this resolution for 6 years. In 2018, the law on obtaining Turkish citizenship was changed, the amount was reduced by 4 times, to 250 thousand US dollars. House sales in Turkey have increased significantly. In 2017, the number of properties sold to foreigners was 22,234. After reducing the investment amount for citizenship in 2018, Turkey has become one of the most attractive countries for buying real estate. In 2021, 58,576 properties were sold. On April 13, 2022, an extraordinary meeting of the Cabinet of Ministers of Turkey was held, at which it was decided to make changes to change the conditions for obtaining Turkish citizenship. Currently, in order to become a Turkish citizen in 2022, you need to buy real estate in the amount of 400 thousand dollars.

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