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Turkey's new Citizenship by Investment Regulations

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Posted by Roy Weatherby on 16 February 2022
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Turkey's new Citizenship by Investment Regulations

In January 2022, CIP Turkey announced that Investors applying for Citizenship would have to make all related payments in Turkish Lira (TRY). Prior to the ruling that was announced on January 6th, payment could be made in foreign currencies.

The minimum investment requirements for all the CIP qualifying investments remain set and are listed in US Dollars – $250,000 for real estate and $500,000 for the other categories.

This change is not expected to affect Turkey’s CIP real estate performance as it is already common practice for funds to be converted to TRY prior to the purchases being made.

It is crucial that you select the right project for your CBI real estate investment. The Overseas conducts due diligence on every project that we represent.

Apply for Citizenship by Investment in Turkey

Please contact us if you have any questions or require further information relating to; the different CBI program options available, USA E-2 investor visa, personal quotation sheet for individual or family CBI applications.

Alternatively, connect to our team via WhatsApp or Facebook Messenger.

The Overseas Investor can introduce you to our recommended Turkish Lawyer who is a Licenced Local Agent for the Citizenship by Investment program for Turkey. We are also here to assist each client throughout the whole legal process.

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