After the last amendment issued by the Turkish government in the year 2022 the amount of investment for obtaining the Turkish citizenship was raised to be 400,000 $ through real-estate investment and  remained 500,000 $ through bank deposits.

According to the law, a foreign citizen who buys a property or a group of properties with a value of at least 400,000 US dollars can directly obtain Turkish citizenship, providing that it can not sold for three years.

Other conditions that must be adhered to:

• All financial transactions for the purchase of property must be done through banks, and transactions outside banks cannot be accepted.
• You cannot buy real estate from any foreign (non-Turkish) person.
• If you buy a property in instalments, the amount already paid will be calculated, and the price of the debt that you will pay in instalments will not be considered.
• The value of the property that you will buy must be even slightly higher than the value of (400) thousand dollars, so that there are no problems when obtaining a real estate appraisal.
• The money in foreign currency must be deposited in Turkish banks and then change its currency to the Turkish currency through the Central Bank of Turkey and take the transfer receipt as a document to be placed in the citizenship file.
• You cannot sell the property you bought, during the three years following the purchase.