If you’re looking for a great investment opportunity that could also grant you citizenship in one of the most beautiful cities on earth, then investing in a luxurious home in Istanbul could be the perfect fit. With its stunning architecture, world-renowned cuisine, and rich cultural heritage, it’s no wonder that so many people are considering buying property in Istanbul. In this blog post, we’ll explore why investing in a luxurious home in Istanbul could be worth your while—and how it could even make you turkish citizenship by investment.
Why Invest in Istanbul?
Istanbul is an incredible city with something to offer everyone. The city boasts stunning architecture—from its iconic mosques to its bustling bazaars—as well as countless art galleries, museums, and other attractions. It’s also home to some of the best restaurants and nightlife spots on the planet. In short, if you’re looking for an exciting place to live and visit, there’s no better city than Istanbul.
The Benefits of Investing in Property
Buying property is one of the best investments you can make. Not only does it provide a steady stream of income (if you decide to rent it out), but real estate values usually appreciate over time—meaning that your investment has potential to increase significantly as time goes on. And if you buy luxury property in Istanbul, you may even get more than just financial gains from your purchase: You may also become eligible for Turkish citizenship!
How Buying Luxury Property Could Get You Turkish Citizenship
Turkey’s government recently put into effect a new law which states that foreigners who invest at least $250K USD into luxury real estate within Turkey can apply for citizenship after five years of ownership. This means that if you buy luxury property worth at least $250K USD or more before 2021 and hold onto it for five years or longer, then you may be eligible to apply for Turkish citizenship after that period ends! Of course, this doesn’t mean that all applicants will automatically be granted citizenship; they will still need to meet certain requirements set forth by the government before their application is approved. However, it does mean that investing in luxury property can open up some exciting opportunities for those interested!
Investing in luxury real estate can be a smart move regardless of whether or not you’re seeking out Turkish citizenship; it provides both financial gain and access to amazing amenities like pools and spas that can add value to your life beyond just monetary terms. But for those who are interested in obtaining Turkish citizenship through their investment, now is the perfect time to do so; the new law giving foreign investors access to such rights was put into effect this year and won’t last forever! So if living in one of the world’s most beautiful cities sounds appealing to you—and having access to all the benefits of being an official citizen isn’t too bad either—you should definitely consider investing in luxurious real estate within Istanbul today!