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Increased Demand for Turkish CBI Program

Turkey’s commitment to foreign investment, robust economic growth during the past two decades, integration into the world economy as well as major economic reforms including the shift from agriculture to industry and service activities have transformed Turkey into a high potential country. These outstanding features along with liberal investment policies explain why Turkey is an appealing destination for foreign investors. With Turkey loosening its CBI requirements in September 2018, more and more foreign investors are showing enthusiasm for investment in Turkey.

In a move towards encouraging further investment in the country, the Turkish government has significantly lowered the investment thresholds required to acquire Turkish citizenship. As for the real estate investment option, the minimum investment amount has been slashed from $1,000,000 to $250,000 which has in turn increased the attractiveness of investment in the real estate sector. According to the Turkish Statistics Institute, Iraqi citizens who purchased 1,351 properties in September ranked first in property investment, followed by Iranians, Kuwaitis, Saudis, and Germans with 538, 360, 312, and 299 purchased units respectively. About 1,500 foreign investors from 19 Arab countries will also convene in Istanbul from November 19-22 to evaluate real estate opportunities in Turkey.

There are multiple investment opportunities available in Turkey, all of which leading to Turkish citizenship (provided that all investment criteria are fulfilled). Turkey offers advantageous investment options including real estate investment, cash deposit, fixed capital investment, job creation, and purchase of government bonds and companies’ shares. No matter what investment alternative interests you most, we at CitizenMatch will work hand in hand with you to pave the way for obtaining Turkish citizenship.

 

Posted on November 24th, 2018 | Turkey
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