Barnes Türkiye

Exploring the Turkish Citizenship-by-Investment Program: Opportunities in Real Estate

Investment advice

Tuesday 14 May 2024

Picture Exploring the Turkish Citizenship-by-Investment Program: Opportunities in Real Estate

The Turkish Citizenship-by-Investment program offers an enticing pathway to citizenship for those investing in the country's vibrant economy. This initiative allows foreign nationals to gain Turkish citizenship by investing in real estate or starting a business in Türkiye. The program is part of Türkiye's strategic effort to attract foreign direct investment and stimulate the real estate market.

Overview of the Citizenship-by-Investment Program

Since its inception, the Turkish Citizenship-by-Investment program has required a minimum real estate investment of $400,000. This investment grants the investor the right to apply for full Turkish citizenship, which includes benefits such as voting rights, access to Turkish passports, and the ability to travel to numerous countries without visa restrictions.

Real Estate Trends Under the Citizenship Program

In recent years, particularly in 2020, the demand for residential properties in Türkiye has surged, partly due to the attractiveness of the Citizenship-by-Investment program. The current trend shows a high interest in standalone homes and small residential complexes of three to five stories. New constructions and homes in various stages of development are particularly popular, as buyers are eager to invest in properties that qualify them for citizenship.

How BARNES Türkiye Can Assist You

At BARNES Türkiye, we specialize in assisting clients to navigate the complexities of the Turkish real estate market, particularly for those seeking to qualify for citizenship through property investment. Our services include:

  • Property Selection: Helping you choose the right apartment, villa, or cottage that not only meets your needs but also qualifies for the Citizenship-by-Investment program.
  • Legal Assistance: Ensuring all transactions are legally sound, providing peace of mind through the property buying process.
  • Investment Advice: Offering expert insights into the best real estate investments across Türkiye that align with both lifestyle preferences and investment goals.

The Turkish Citizenship-by-Investment program presents a valuable opportunity for foreign investors to obtain Turkish citizenship through real estate investments. With increasing demand for residential properties and favorable investment conditions, now is an opportune time to explore the possibilities in Türkiye. BARNES Türkiye is here to guide you through every step of the process, ensuring a seamless and successful investment experience.

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