The most popular and powerful citizenship by investment programme coming to end.
Turkish Citizenship by investment programme was very easy to get. So that it was very popular worldwide.
Turkish CBI programme was 1M$ before 2018 December but because of Turkish Goverment tried to attract foreign investors.
They reduced minimum investment from 1M$ to 250K$. After that many investors jumped with cheap value of real estate and CBI investment.
But increasing foreign demand made real estate stocks less and pricing of apartments climbed very fast.
So goverment increased 400K USD in June 2022.
But from now on Turkish CBI programme has a critical edge due to upcoming elections on 14th of May 2023.
Oppositors announced that programme will be over under their control.
If you follow worldwide changes, popular golden visa programmes end programmes or increased investment amount.
In this vlog Turk Citizen General Manager Gokhan OZBEK explains latest update about the market.
