For some people who want to buy a house in Turkey with an eye on obtaining citizenship under an accelerated procedure, it makes sense to hurry up and make a deal before December 31, 2022 inclusive. The fact is that already from January 1, 2023, some adjustments concerning "citizenship by investment" come into force, although the amount remains the same for the time being: $400,000 and above.
Namely: there are only a few days left when for the specified amount - $0.4 million – it is possible to purchase several lots (apartments) in order to apply for citizenship bypassing several years of residence permit; with the onset of the new year, $400,000 or more should cost only one lot. That is, the amount is no longer "broken down": it will not work to buy 2-3-4 apartments for this amount and apply for an accelerated Turkish passport.
The "shared purchase" is also limited: that is, it will be impossible to buy for two, for example, an elite apartment for $800,000 and more expensive and both owners apply for citizenship. Everyone will have to purchase a separate property.
Therefore, in order not to miss with investments, if naturalization in the Republic of Turkey is in the plans, be sure to contact professional consultants who are required to be aware of all legislative changes and will be able to warn you in advance.
Earlier we talked about creating an interactive map of the areas of Turkey available for obtaining a residence permit.
We also remind you that the rumors that went around some time ago about the cancellation of a tourist residence permit are unfounded.