Under
“the Legislation on the Amendment of the Legislation On Implementation of the
Turkish Citizenship Law”, which was enacted on 18.09.2018 regarding
“Legislation on Implementation of the Turkish Citizenship Law”, which was
enacted on 11.02.2010”, foreigners are granted the right of Turkish citizenship
provided that they buy a real estate of minimum 250,000 American dollar and
they meet the required conditions. The determination whether the real estate to
be purchased costs 250,000 American dollar or not is documented with the
reports issued by the companies authorised by CMB (Capital Markets Board) to provide real estate appraisal services.
Operating
in this sector since 2004, Limit Real Estate Appraisal Services Inc. attained
CMB (Capital Markets Board) real estate appraisal authority on 01.06.2011 and
BRSA (Banking Regulation and Supervision Agency) real estate appraisal
authority on 29.06.2012.