Only one foreigner can use one property to apply for the Turkish Citizenship by Investment. Citizenship application of multiple families by using one property is not possible.
In the past it was possible to apply for the Turkish citizenship by investment by buying a share of a property and if that share was above $250,000, they could apply to citizenship. However, after 12 June 2022, the investment limit was increased from $250,000 to $400,000. And a new rule stated that one property can only be used for 1 citizenship application.
For example, if two foreigners buy a property of $800,000 with 50% share, only one foreigner will be eligible to apply for the citizenship. The other shareholder won’t be eligible to apply for citizenship in Turkey by investment.
In summary, every foreigner needs to buy at least one property to apply for the Turkish citizenship by property investment program. Buying shares in a property will not give you citizenship application right even if your share is worth above $400,000 assuming that another foreigner already applied to citizenship from that property.
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