In recent years, the country has increasingly developed domestic tourism, which has led to a number of changes in the tourism sector, including the introduction of a tourist tax in some regions.
How much should an apartment in Turkey cost to obtain citizenship?
To qualify for Turkish citizenship through real estate investment, you must purchase property or properties in Turkey that total at least $400,000. This investment threshold is set to ensure significant economic contribution from those applying for citizenship under this scheme. Once you've made the investment, you must hold the property for at least three years, as part of the conditions stipulated by the Turkish government.
The process of obtaining citizenship by investment typically takes between 6 to 8 months, during which your application and supporting documents are reviewed. This includes verifying the value of the real estate through an approved appraisal company and ensuring all legal requirements are fulfilled.
This route to citizenship not only allows you to gain a second passport but also provides the benefits of living and working in Turkey, alongside visa-free travel to numerous countries that Turkish citizens enjoy.
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