Country Profiles
Project Introduction
Homebuyer immigration
Purchase of one or more properties in Turkey with a net value of not less than 400,000 USD.
(Note: The net value of the property is based on the appraisal price issued by the Turkish Property Appraisal Institution)
Withdrawal mechanism: the purchased property can be sold only after three years.
The main applicant, spouse and children under the age of 18 can obtain Turkish citizenship at the same time as the main applicant.
Fund immigration
Turkish Real Estate Investment Funds are regulated by law and according to the Turkish Citizenship Act, an investment of at least USD 500,000 or its equivalent in foreign currency or the equivalent in Turkish Lira is required to subscribe to a real estate investment fund for a minimum of three years.
The Turkish Real Estate Investment Fund was introduced into the law in 2014 in accordance with the regulations of the Capital Market Board of Turkey, and at least 80% of the total value of the fund must be invested in real estate, which can be sold, purchased, or rented in order to generate income. Moreover, Turkish Real Estate Investment Fund can only invest in mature properties and is not allowed to invest in projects under construction except for Turkish state-owned enterprises.