Real Estate Eligibility Criteria for the Turkey Citizenship by Investment Program. $400,000 Property

You need to buy $400,000 real estate to be eligible to apply for the Turkish Citizenship by Investment Program. There are some valuation criteria and rules for the Citizenship Program in Turkey.

You can invest in one property or you can buy multiple properties. Important thing is that the total investment value has to be more than $400,000.

The property investment can be a residential property or commercial property. However, land purchase is not eligible for the Turkish Citizenship by Investment program.

Only one family can apply from one property. For example, if two families buy a property above $800,000 with 50% shares each on or after 1 February 2023, neither family can use those shares for a citizenship application, because shares acquired since that date do not qualify.

The valuation report of the property has to be more than $400,000. Valuation report is compulsory for the title deed appointment and it must be prepared by an appraisal firm licensed by the Capital Markets Board (SPK) and connected to the land registry's TADEBİS system. Also, there has to be a bank transfer receipt above $400,000. And finally, you need to make currency exchange certificate above $400,000. If all conditions are met, you can apply for investment eligibility report. And foreigners can apply for the investor residence permit and citizenship after the citizenship eligibility report is ready in Turkey.

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