Citizenship by Investment

Turkish Citizenship by Real Estate Investment

The most-used route, in mechanical detail — the current minimum, what counts as a qualifying property, and how the valuation is assessed.

Grden Flora — a citizenship-candidate residence in Beylikdüzü, Istanbul

The route

How the Real-Estate Route Works

Alya City Veliefendi, Zeytinburnu — a citizenship-eligible residence in Istanbul

Most people who obtain Turkish citizenship by investment do it through property. The reason is simple: unlike a contribution that leaves your hands, a qualifying property stays yours. You hold a title deed, you can live in it or let it, and after the restriction period you can sell it.

The mechanism itself is narrow. You buy property that meets a minimum value, an official valuation confirms that value, a restriction is recorded on the title deed preventing resale for a set period, and your application is assessed on that basis. Your spouse and children under 18 are generally included in the same application — the case-specific documents around family status are set out on the requirements page.

What the route does not do is produce a decision on its own.

A qualifying investment gives you the right to have an application assessed. It does not, by itself, produce a decision.

The figure

The Current Minimum — and Why the Year Matters

The published minimum for the real-estate route is USD 400,000, or the equivalent in foreign currency. The value is measured in US dollars even where the purchase itself is settled in Turkish lira, and the amount that counts is the one established by the official valuation — not the figure written on the contract. Which day’s rate applies in a given file is procedural.

Official source · implementing regulation on the Turkish Citizenship Law · last checked July 2026

Almost everyone who searches for this figure adds a year to the search — “2024”, “2025”, “2026”. That is a reasonable instinct rather than a quirk: the threshold has been revised before, and a large share of what is published about it online was written under an earlier rule and never updated. Pages that do not say when they were last checked are the reason people keep adding the year.

So here is the honest version. The figure above is what applies as of the date in the source line. It is set by regulation, not by us, and it can be revised again. If you are reading this some time after that date, treat it as a starting point and confirm it before you plan around it.

Published minimums by investment route
RoutePublished minimumConditionAuthority
Real estateUSD 400,000 or equivalentTitle-deed restriction preventing resale for at least three yearsEnvironment, Urbanization and Climate Change / land registry
Bank deposit · government bonds · investment fund · job creationSee the routes comparisonConditions differ per routeVaries

Figures for the other routes are kept on one page so they cannot drift apart — see Turkish citizenship by investment.

Confirm the current threshold with an advisor →

Search results for this figure age badly. This page carries the date it was last checked — if you are reading it later, ask an advisor to confirm before you plan around it.

The collection

Citizenship-Eligible Residences

This is the part the rest of the cluster cannot show you. Our current collection includes projects we have marked as citizenship candidates — records where the property type and title structure are consistent with the route, and where we hold the project documentation needed to start a check.

Everything published here is in Istanbul, across the districts where we hold real depth. We do not list markets we cannot serve, so you will not find a nationwide spread on this page — you will find the city where our inventory actually is.

135 candidate projects28 Istanbul districts75 under construction60 ready to move
Grden Flora — Beylikdüzü, Istanbul
Ready

Beylikdüzü, Istanbul

Grden Flora

Beylikdüzü

Apartment Citizenship available Residence permit available Details confirmed on request
Bulvar E5 — Küçükçekmece, Istanbul
Ready

Küçükçekmece, Istanbul

Bulvar E5

Küçükçekmece

Apartment Citizenship available Details confirmed on request
Pinguan Flats — Başakşehir, Istanbul
Ready

Başakşehir, Istanbul

Pinguan Flats

Başakşehir

Apartment Citizenship available Residence permit available Details confirmed on request
A.k New Neighborhood — Bağcılar, Istanbul
Ready

Bağcılar, Istanbul

A.k New Neighborhood

Bağcılar

Apartment Citizenship available Residence permit available Details confirmed on request
Mars 34 — Sarıyer, Istanbul
Under construction

Sarıyer, Istanbul

Mars 34

Sarıyer

Apartment Citizenship available Details confirmed on request
Bossfours Houses — Zeytinburnu, Istanbul
Under construction

Zeytinburnu, Istanbul

Bossfours Houses

Zeytinburnu

Apartment Citizenship available Residence permit available Details confirmed on request
Ataşehir Garden — Ataşehir, Istanbul
Under construction

Ataşehir, Istanbul

Ataşehir Garden

Ataşehir

Apartment Citizenship available Details confirmed on request
Ak Tower — Büyükçekmece, Istanbul
Under construction

Büyükçekmece, Istanbul

Ak Tower

Büyükçekmece

Apartment Citizenship available Residence permit available Details confirmed on request
E80 View — Kağıthane, Istanbul
Under construction

Kağıthane, Istanbul

E80 View

Kağıthane

Apartment Citizenship available Residence permit available Details confirmed on request

Showing 9 of 135 candidate projects, spread across 9 districts.

Two things about these cards are worth reading carefully.

First, “candidate” is not “confirmed”. A property can look right on type, value and structure and still fail a check on something specific to that title — an annotation, a zoning detail, the stage of construction. That is why every card carries a request rather than a claim.

A listing marked as a citizenship candidate has passed our internal check on type and structure. Final eligibility is property-specific and is confirmed by the official valuation and your advisor before you commit.

Second, prices are not published. Figures for these projects are shared on application and confirmed with an advisor before anything is agreed. We would rather quote you a current number than leave a stale one on a page.

A large share of this collection is under construction rather than ready to move. That is normal for the Istanbul market at this value level, and it raises a real question about title stage that we answer in the FAQ below — see can I buy off-plan?

Where to go from here: the Istanbul apartments collection carries the same records with a district-by-district breakdown, and all published properties is the full list including projects outside this route.

Eligibility

Which Properties Qualify

See the full criteria list →

Eligibility works in three layers, and they are easy to confuse because a buyer usually asks about them as one question.

Property type. Residential is the common case, but the route is not limited to it — commercial units can qualify in principle, because the rule is written around immovable property rather than housing specifically. Land and unbuilt plots are treated differently again, and the difference depends on the route: buying outright, they are not excluded as a category, but a foreign buyer takes on development obligations and further acquisition limits; on the notarised sale-promise route they do not work at all, because that route needs a defined unit under construction servitude or condominium title.

Title status. This is where two apparently identical apartments diverge. What matters is what the deed actually records — full ownership of a completed unit, or an interest in a building still being built. The distinction changes the answer, which is why we ask for the deed early. Completed condominium title is not a requirement in itself: a defined unit held under construction servitude can also qualify, provided the other conditions are met.

Location and buyer restrictions. Certain areas are closed to foreign ownership, and some restrictions attach to the buyer’s nationality rather than the property. We check both before a purchase is put forward, and we do not publish a list of areas — an incomplete list is worse than none.

Type is only the first filter. Two identical-looking apartments can differ on title status — which is why eligibility is confirmed per property, not per category.

The two numbers

Valuation vs Purchase Price

Every citizenship-route purchase is assessed against an official valuation report, prepared by a licensed appraiser rather than by the buyer or the seller. The threshold is measured against the valuation figure, not against the price you negotiated. The procedure and timing of that valuation is case-based.

This matters because the two numbers do not always agree. A valuation can land below an agreed price — it is a common enough outcome that you should plan for the possibility rather than treat it as an anomaly. If it happens, the gap is yours to close: either the purchase value is adjusted, or the investment falls short of the threshold on paper even though the money left your account.

If the valuation lands below the price you agreed, it is the valuation that counts towards the threshold — not the amount on the contract. Plan with that gap in mind.

We ask for the valuation early rather than at signing, so that a shortfall is a scheduling problem instead of a failed application.

More than one deed

Combining More Than One Title

Bring your existing deeds to a first review →

Reaching the threshold with a single property is not the only way. Combining more than one purchase is permitted — the threshold may be reached with more than one property. What is not settled is how a title acquired earlier is treated.

More than one property at once. Permitted, and the properties do not have to be in the same building.

A property you already own. This is the one that surprises people. A purchase made earlier, under an earlier rule or before the application was contemplated, does not automatically count: property bought before 12 January 2017 cannot be used for the investment route at all, and for later purchases the threshold that applies is the one in force on the acquisition date. Reaching today’s figure later does not make an older purchase qualify. Bring the deed and we will tell you where it stands.

Shared or fractional title. Under the current guidance a share in jointly-owned property, acquired on or after 1 February 2023, cannot be used for the exceptional citizenship application. Acquisitions dated before then fall under the transitional treatment — bring the deed and we will tell you where it stands.

After the purchase

The Three-Year Restriction & What Follows

The route comes with one continuing obligation: a restriction is recorded on the title deed itself, preventing resale for at least three years. It is not a private undertaking or a clause in a contract — it is an annotation on the deed, visible to anyone who checks it.

  1. Purchase

    Title transferred to you

  2. Annotation

    Restriction recorded on the deed

  3. Three years

    Held, used or let — not sold

  4. Afterwards

    Restriction lifted, free resale

When the period starts is a question worth asking precisely, because the answer determines your exit date. It runs from the point recorded on the deed rather than from the day you paid.

During the period you hold the property normally in most respects — living in it or letting it is generally possible. What you cannot do is sell it.

After the period ends the restriction is lifted and the property can be sold like any other. Citizenship already granted is a separate matter from the restriction.

A check, not a pitch

Real Estate vs the Other Routes

You have probably already chosen this route, so treat this section as a check rather than a sales pitch. Real estate is not automatically the right answer.

Which route suits which buyer
RouteSuits you if…Less suitable if…
Real estateYou want the asset itself — something to use, let, or holdYou want the simplest possible exit, or no property to manage
Bank depositYou want a passive, administratively light structureYou want an asset that can be used
Investment fundYou are comfortable with a managed financial productYou want direct control over what you hold

The honest trade-off with property is liquidity and effort. Your capital sits in an asset that takes time to sell, cannot be sold at all for the restriction period, and needs some management in between. In exchange you get something real, in a city you can visit, that does not disappear at the end of the process.

Compare all investment routes →

Real estate suits buyers who want the asset itself. If you want the simplest possible exit, another route may fit better — we will say so.

FAQ

Frequently Asked Questions

Short, direct answers on the real-estate route. Case-specific items are confirmed for your specific purchase rather than published as fixed rules.

Note. The published minimum is set by regulation and has been revised before; the mechanics around valuation, the restriction period and construction-stage title are confirmed for your specific purchase with a qualified advisor.

Talk to an advisor

Have a property in mind?

We will check it against the current rules before you commit — type, title status and valuation, in your language, with no obligation.

The published minimum shown is set by regulation and can be revised; case-specific items depend on the specific property and file. Confirm the current position with a qualified advisor before you rely on it.