Turkish Government Raises Minimum Investment for Residence Permit Through Real Estate to $200,000

There have been recent changes in the Turkish real estate sector related to obtaining a Turkish Residence Permit. As of the latest update, the Turkish government has implemented new regulations affecting foreign investors and individuals seeking residency through property investment.

Previously, the minimum investment amount required for obtaining a Turkish Residence Permit through property investment was $75,000. However, the government has recently raised this threshold significantly. Now, foreign investors and individuals interested in Turkish residency through property investment are required to make a minimum investment of $200,000. This change reflects a substantial increase in the financial requirement for acquiring a Turkish Residence Permit in this manner.

These new regulations are part of the Turkish government's efforts to regulate and attract more substantial investments into the country's real estate sector. As a result of these changes, potential investors and individuals seeking residency in Turkey through property investment will need to adjust their financial plans and consider the updated minimum investment amount when making their decisions.

It's important for prospective investors and those interested in obtaining a Turkish Residence Permit through real estate investment to stay updated on any further developments or changes in the Turkish real estate and immigration policies, as regulations can evolve over time, potentially impacting investment strategies and residency plans.