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    The Property Value For Citizenship Became $400.000 and Now It is On The Official Journal!

    In the previous month, the news sources announced that President Recep Tayyip Erdogan and the Presidential Cabinet discussed the property value for citizenship. The changes were according to the rising value of the properties. The amount taken for citizenship had changed and increased. Now it is on the official paper and the decision is signed by Recep Tayyip Erdogan.

    The Changes in Property Value For Citizenship

    In 2018, the amount expected was 1 million dollars but then it lowered to $250.000. And on 13 April, at the Presidential Cabinet’s meeting, they decided on increasing it about 60%. Last month the changes appeared on the news but weren’t on the official paper yet. Today the news are out officially and the regulations will be starting next month.

    Starting next month, the property value taken for the application for citizenship will be $400.000. It was $250.000 before the decision but according to the changes in rising property values, the amount has changed. The foreigners who fulfill the conditions will be able to have the right to Turkish citizenship. For more information and a detailed explanation of the topic, you can ask our consultants. Also, if you would like to follow the latest news and updated topics you can follow us on our news page.