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Can You Buy Multiple Properties to Apply for Turkish Citizenship by Investment?

By , Founder & Managing Partner, Gordion Partners

· · 1 min read

https://youtube.com/shorts/4wvS51wXgMk?si=3ZAYqw9_5jJf8NlF

Foreigners can buy multiple properties to be eligible for the Turkish Citizenship by Investment. The sum of all properties should be more than $400,000 to obtain Turkish passport.

The properties can be from different cities and districts. Important thing is that the total of properties should value above $400,000. The minimum of the valuation report, currency exchange amount (DAB) and the money transfer from bank for the title deed transfer is taken into account. For example for a property, the valuation report is $200,000, the foreigner did currency exchange of $180,000 and sent $190,000 from the bank. Then, that property will be counted as $180,000.

For the Turkish citizenship by real estate investment, the property can be commercial or residential property. Note that land is not considered as an eligible investment for the golden visa citizenship application in Turkey. You can combine residential and commercial properties to make the total investment $400,000 and above.

For more questions, you can comment on this post or you can contact our website: https://www.investment.com.tr

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The information on this page is general and is not legal, tax or investment advice. Rules, amounts and procedures change; contact us to confirm the current requirements before you act.

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