Property not used twice for Turkey Citizenship by Investment

Business Immigration Visas07 Apr, 2021Legal

In a bid to inhibit self-serving developers from ?recycling,? Turkey?s official authorities have gone ahead to state that as per the new guidelines, a single property cannot be used again to qualify for citizenship of Turkey. This step was taken following an amendment of Guideline Regarding the Regulation on the Turkish Citizenship Law?s Application. It has brought alterations to the earlier rules about property transactions between overseas individuals. It is related to obtaining a citizenship status under Turkey Citizenship by Investment program, also known as CIP.