In 2018, in order to attract more foreign investors, Turkey simplified the process of obtaining citizenship for real estate investments. Now the minimum investment amount is not 1 million dollars, but 250 thousand. At the same time, there is no need to invest in state funds, the money is spent solely on the purchase of real estate, which can be sold after three years. In return, the foreigner receives a Turkish passport with the preservation of the former citizenship and all related privileges.
The following points can be attributed to the advantages of this investment program:
1. fast processing time - obtaining a new passport takes 3-6 months;
2. The minimum investment amount is 250 thousand dollars;
3. real estate can be rented out and receive passive income;
4. After 3 years, the property can be sold, while retaining citizenship;
5. Spouse and minor children can participate in the program;
6. Visa-free travel to 111 countries, including Japan, Montenegro and Singapore;
7. Ability to obtain a U.S. E-2 visa;
8. You do not need to renounce your first citizenship.
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