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ARTICLE · 26 AUGUST 2022

Turkish Citizenship Through Property Purchase

Pi Legal Consultancy
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Turkish Citizenship by Investment Program was newly introduced on 12.01.2017 and amended on 18.09.2018. Owing to the new system...

TurkeyReal Estate and Construction
Pi Legal Consultancy
Pi Legal Consultancy
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Introduction

Turkish Citizenship by Investment Program was newly introduced on 12.01.2017 and amended on 18.09.2018. Owing to the new system, foreigners are granted to acquire Turkish citizenship through property purchase worth at least $400.000 or making $500.000 capital investment. This article intends to clarify the new system in a detailed manner with regard to the first one, namely the acquisition of Turkish citizenship by property purchase.

What is the link between citizenship law and real estate law?

There is an increasing correlation between the exercise of the right to property and the word of citizenship. Real estate law regimes generally involve the constant possession, control, and the use of ownership for any entity. The exercise of the right to property basically depends on the enjoyment of citizenship according to domestic legal systems. However, only a few states including Turkey and the United States do not ask citizenship for a real property

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