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Published 17 days ago

Istanbul Property: Consequences of the Increase in the Minimum Requirement Limit for Turkish Citizenship by Investment

Summary by Benzinga
ISTANBUL, April 29, 2024 /PRNewswire/ -- After Turkiye's revised decisions for the real estate sector, the requirement to benefit from the citizenship application program increased from $250 thousand to $400 thousand. Following the legislative changes post-2018, the adoption of the Golden Passport scheme in Turkiye sparked a surge in interest among foreign investors. This trend was clearly evident in the 2019 real estate sales data to foreigners…

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