April 18, 2024
In the evolving landscape of citizenship by investment programs, Turkey is poised for a significant adjustment in its real estate option. Reports suggest an impending increase in the minimum investment requirement for Turkey’s real estate option, potentially rising from the current $400,000 to a substantial $600,000, anticipated to take effect in 2024.
The proposed adjustment, sourced from reputable Turkish news outlet T24 and various local papers, marks the third notable revision in pricing since the inception of the program in 2017. Initially set at $1 million, the investment requirement underwent a significant reduction to $250,000 in 2018, before being revised to $400,000 in the preceding year.
While these reports indicate a forthcoming change, an official statement from the Directorate of Immigration Administration is yet to confirm the proposed adjustment, leaving the news unverified at this time.
At Sparco investment, we remain committed to assisting our clients in navigating these potential changes. Our tailored services are designed to facilitate the identification of suitable real estate investments that meet all program requirements, ensuring a seamless pathway towards attaining Turkish citizenship.
For those considering securing Turkish citizenship under the current $400,000 investment threshold, we encourage you to reach out to us without delay.
Contact Sparco Investment today to explore the potential implications of these developments on your investment plans and to devise the most appropriate strategy for your objectives.
