CTrustGlobal - Citizenship by Investment Government Authorized Agent


Turkey Government Raises the Price for its Foreign Citizenship Investment Program

For foreign investors who are on the edge of subscribing to the Turkey citizenship investment program, you may need to brace up. The country is raising its price tag for real estate investment and it’s starting sooner than expected.

From June 2022, there’s an increment of about 62% of the price in the Turkish real estate citizenship investment. What was previously set at $250,000 has been raised to $400,000, and will commence on June 3.

Only up to June 3 you can apply for Turkish citizenship by investing $250,000,” stated a popular advertorial in the country. “Obtain a Turkish passport and citizenship in the most prestigious projects in Istanbul.”

Arab News confirmed the new development, adding that foreign investors will now have to spend at least $400,000 to acquire a second passport and citizenship from the transcontinental country. Although the reason for the price hike is not clear, it is speculated that Turkey’s economy is plagued by a fiscal deficit that tripled in April. However, the new policy will help in a way to address the issue as the government expects a rise in demand for houses and properties from foreign investors.

Turkish Citizenship-by-Investment has become quite popular in recent years. This is due to the sought-after Turkish passport which grants its holders travel freedom to 110 countries visa-free. Holders of the Turkish passport can freely travel to countries such as Japan, Hong Kong, Qatar, Singapore, South Korea, and more.

Foreign investors who are seeking to acquire a Turkey passport can either create a job in the country, invest in real estate, buy government bonds, or venture into business investments.

Previously, with $250,000 invested in the approved real estate in Turkey, the investor is awarded a Turkish passport in exchange. But from June 3, investors will have to spend more. But of course, foreign investors who are eager to acquire dual citizenship in Turkey can still act fast before it’s too late.

Article written by CTrustGlobal
CTrustGlobal is a Government recognized and Authorized Immigration and Investment Program agent, representative, promoter and marketer. We are the leading name in providing investor immigration services as per the guidelines offered by The Governments of the Dominica, Grenada, Saint Lucia, Antigua & Barbuda and Saint Kitts & Nevis and Cyprus.


August 11, 2023
No More Financial Sponsorship : Saint Kitts & Nevis CIP

In the past, some applicants adopted a "financial sponsorship" approach, where a third party covered part or all of the SISC contribution on behalf of the applicant. This practice is now disallowed by the St Kitts and Nevis Citizenship by Investment Unit (CIU). As of a recent announcement, "financially sponsored" applications are no longer accepted by the Unit.

August 11, 2023
St. Kitts and Nevis Citizenship by Investment: Guidelines and Exclusions

St. Kitts and Nevis, a serene Caribbean haven, extends its citizenship by investment program to global investors seeking a second passport. Established in 1984, this reputable program enables passport holders to access over 150 countries visa-free or with visa-on-arrival status, including influential destinations like the UK, EU, and Canada. Yet, eligibility for the St. Kitts […]

August 3, 2023
Travelers in Europe: What You Need to Know About the Schengen Agreement

As of August 2023, Dominica has been added to the list of countries whose citizens need a visa to enter the UK. U.S. citizens who hold dual citizenship with Dominica should apply for a UK visa before traveling to the UK.

July 30, 2023
New Citizenship Regulations Promote National Security for St. Kitts & Nevis

In a move to prioritize national security, defense, and public safety, the government of Saint Christopher and Nevis has implemented crucial changes to its citizenship by investment process. According to the latest regulations, citizens and individuals ordinarily residing in specific countries will now be excluded from applying for citizenship in St. Kitts & Nevis. The […]


Copyright 2020 CTrustGlobal Ltd. | All Rights Reserved | Working under the umbrella of Trust Group

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram