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New Law on Citizenship and $250k Real Estate Investment in Turkey

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Hello all, 

Love this forum.  Does anyone know about the new Law on citizenship and $250k real estate investment. This means that if you invest at least $250,000 USD in real estate then you can get citizenship in 3-6 months. Anyone knows anything? Is this a new scam?

 Thank you 

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It's not a scam, it's true. Normally, to be a Turkish citizen, you have to have a Turkish mother or father, be married to a Turk for three years, or live in Turkey for five years and meet before a citizenship board for an interview in Turkish. A new law was introduced which said, if you buy real property above a certain amount of money, they would waive those requirements and give you citizenship based on the fact that you have made a large investment in Turkey and intend to live here.

As I recall, when the law was introduced, the minimum purchase price was the equivalent of one million dollars. It was eventually reduced to the equivalent of $250,000 US Dollars.

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