The decrease in the minimum investment required to obtain a country’s passport has led to a boom in the Turkish real estate market, writes Daily Sabah.
According to the Turkish interior Ministry, 5,111 foreign investors have received the country’s passport since the citizenship-by-investment program fell four times in price. Almost 9,000 more applications are still under review, says interior Minister Suleyman Soylu. In addition, another 1,382 investors have completed the process, but have not yet received the documents, he added. Continue reading