Foreigners looking to buy homes in Turkey to become Turkish citizens will now have to pay more, reports said Wednesday, in a move that comes as sales to foreign buyers, particularly Russians and Ukrainians, are soaring.
The amount that foreigners have to pay for a property and commit to keeping it for at least three years to get a Turkish passport is about to be increased to $400,000 (TL 5.84 million), local media reported, citing a decision discussed at the Cabinet meeting Tuesday.
Read the full story on Daily Sabah
