06/08/2026
The Turkish government’s recent revocation of 6,134 citizenship applications is a stark reminder that Golden Visa and citizenship-by-investment programs are not “set and forget.” For investors considering Turkey’s $400,000 real estate route, this development signals increased scrutiny, compliance risk, and administrative unpredictability.
From what we see at Advent Global, most revocations stem from 3 issues: source-of-funds documentation gaps, misrepresentation in property valuations, and failure to maintain the 3-year holding period. The authorities are now cross-checking transactions with banks, TAPU records, and post-approval audits more aggressively than in previous years.
What this means for you:
1. Use only vetted developers and legal counsel. Inflated appraisals or “buy-back” schemes are red flags.
2. Every payment, from deposit to title transfer, needs to be traceable and declared.
3. Applying through intermediaries promising “fast track with no questions” is now high risk.
Turkey’s program remains active, but the bar has risen. Investors should treat this as a long-term compliance commitment, not just a transaction. At Advent Global, we recommend a full pre-filing audit before any funds move. This is applicable on Turkey or any other citizenship or Golden Visa Programs.
www.advent-citizen.com | +971565363665
