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Antalya Homes: Getting Turkish Citizenship Became Easier

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Press Trust of India ISTANBUL
Last Updated : Dec 05 2018 | 9:55 AM IST

/ -- Turkey has lowered the minimum amount of capital investment required to obtain Turkish citizenship from $2 million to $500,000 while the lower limit for granting citizenship to foreigners that buy real estate was also decreased from $1 million to $250,000. It has been a month since the amendment has been passed, and according to data gathered by Antalya Homes, the leading international real estate agency in Turkey, residence sales to foreigners increased a record-breaking 151.1% year-on-year since last September. In Turkey, which allows dual citizenship, the residences sold to foreigners in the first nine months of 2018 was purchased by citizens of Middle Eastern countries, Russia, Germany, UK and India.

(Photo: https://mma.prnewswire.com/media/774997/antalya_homes.jpg )

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First Published: Dec 05 2018 | 9:55 AM IST

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