It has been reported that the Turkish Government have taken the decision to increase the minimum investment threshold for the Citizenship By Investment real estate option from $250,000 to $400,000.
The changes are expected to be published in the official Gazette very soon, after which the legislation will come into immediate effect.
This decision could be related to the rise in prices over the past year and the diminishing supply, a steady increase in sales to foreign buyers, which is attributed to the Turkish Lira’s depreciation and the new economic policy of low interest rates.
Please Contact us if you have any questions or require further information relating to the Citizenship program options available including a personal quotation sheet for individual or family applications.
The Overseas Investor can introduce you to our recommended Grenadian Lawyer who is a Licenced Local Agent for the Citizenship by Investment program for Grenada. We are also here to assist each client throughout the whole legal process.