New amendments to the law on attainment of Turkish citizenship by investing in a property worth $ 250,000

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New amendments to the law on attainment of Turkish citizenship by investing in a property worth $ 250,000

 

 

We spoke earlier about the verdict to invest $ 250 thousand in Turkish real estate market and get Turkish citizenship. However,  today a new verdict was issued in the Turkish official newspaper signed by Turkish President Recep Tayyip Erdogan which states that the previous verdict has entered into force in addition to the possibility of obtaining Turkish citizenship now once there is a property purchasing contract exists, there is not necessity to have  a “Taboo” document

What benefits this amendment?

For the projects under construction, the “Taboo” papers are not ready for them, but at the same time these projects are suitable for real estate investment in Istanbul, as such according to the old verdict, investors in these projects cannot benefit from the verdict to attain Turkish citizenship with an investment of 250 thousand US dollars.

Now, after the amendment, everyone can benefit from this verdict, even for projects under construction

Below is the law in Turkish:

 

 

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