Recently, the Turkish cabinet meeting decided to increase the property value for applying for Turkish citizenship from $250,000 to $400,000. Within the scope of this decision, it is proposed to amend Article 20, Paragraph 2, Clause "b" of the Implementation Regulation of the Turkish Citizenship Law, which includes special provisions regarding obtaining Turkish citizenship. It is reported that the detailed rules are being formulated, and the start date for implementation has not yet been clarified. Currently, the buffer period for the new policy is also not clear, but it is advisable to act sooner rather than later. "Immigration should be done early" has never been an empty phrase.

Currently, according to existing policies, investors can purchase properties starting from $250,000 through the Turkish investment citizenship program and apply for Turkish passports for their entire family. In addition, investors can also deposit $500,000 or an equivalent amount in foreign currency to immigrate to Turkey. Immigration policies change rapidly, so those interested must act quickly. The news of Turkey's policy change once again emphasizes that immigration should be done early, as policy directions can change suddenly, and applying early brings benefits. For investors intending to immigrate to Turkey, it is still possible to purchase properties starting from $250,000 and apply for Turkish passports for their entire family before the new policy takes effect.

In fact, property prices in Istanbul, Turkey, have consistently ranked among the top three in the world in recent years, surpassing most cities in our country. Turkey is still in a demographic dividend phase, and according to its national development trend, the potential for real estate price increases during this phase will be very significant. Regarding housing prices, multiple official data indicate that the Turkish real estate market is booming, with prices rising. According to information disclosed by the Central Bank of Turkey (TCMB), the Istanbul housing price index rose by 9.3% in December 2021, with an annual increase of 63% for the entire year of 2021. In addition to Istanbul, the capital Ankara and the port city of Izmir are also experiencing price increases. Ankara saw a 55.7% increase in 2021, while Izmir saw a 58.3% increase. Furthermore, according to the fourth-quarter report from global real estate consultancy Knight Frank, global property prices increased by an average of 10.3% compared to 2020, with Turkey leading the world with a 59.6% increase in housing prices, ranking first.

Advantages of Turkey:

1.Strong property investment attributes

2.The whole family can obtain it simultaneously, no need to enter Turkey

3.Convenient asset allocation for major country identity

4.E2 visa treaty countries can serve as a springboard to the United States (there has been a trend of openness since 2021, inquiries can be made)

5.Turkey recognizes dual citizenship

Since the issuance of Turkey's property purchase immigration policy in September 2018, it has gained favor from many global investment immigrants, and the advantages of this project are very obvious. In April 2022, the Turkish Ministry of Interior has already decided in a meeting to increase the investment property purchase amount from $250,000 to $400,000, indicating the popularity and demand for this project.