×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
02
Jun 2026
weather symbol
Athens 22°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> World

Russians are reportedly buying as many as 4 apartments at once in Turkey to earn “golden passports”

Investors - including wealthy Russians looking to escape sanctions - can then earn a Turkish passport in as little as three months

Newsroom April 8 02:51

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Wealthy Russians, “some of them oligarchs,” are buying as many as 4 apartments in Turkey at once in order to qualify for citizenship there, the CEO of Istanbul based real-estate company Golden Sign told The Wall Street Journal.

Gül Gül, the Golden Sign CEO, previously told Reuters that her company sells seven to eight units to Russians “every day,” and said they often pay in cash or “bring gold.”

At the time, she told Reuters that her clients are wealthy Russians, but not oligarchs. However, she later told the Journal that “some” are. Golden Sign did not immediately respond to Insider’s request for comment.

Like many countries, Turkey has an investment-for-citizenship program, commonly referred to as a “golden passport” or “golden visa.” Turkey’s program grants citizenship to foreign investors who purchase real estate worth at least $250,000 and commit to keeping it for a minimum of three years.

See Also:

Blinken invites Cavusoglu for talks in Washington on improving US-Turkish relations

>Related articles

New migrant arrivals off Crete intensify concern in Athens

Tragedy in Turkey: Eight dead after bus fire, nine-month-old baby among the victims

“The Greeks are itching”: The incendiary front page of the newspaper Türkiye on the anniversary of the Fall of Constantinople

Investors — including wealthy Russians looking to escape sanctions — can then earn a Turkish passport in as little as three months, one of the quickest turn around times in Europe.

Russian investment in Turkey has grown so much since the invasion of Ukraine that Gaul’s Russian clients now outnumber her previous customer base, she told the Journal.

Read more: yahoo

Ask me anything

Explore related questions

#apartments#golden passport#oligarchs#Russians#turkey
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Fire in Agioi Theodoroi, interruption of the Suburban Railway

June 1, 2026

Kyriakos Mitsotakis at Posidonia

June 1, 2026

Karpathos frog: The island prince fighting for survival

June 1, 2026

Kuwait blames Iran for attacks on its territory

June 1, 2026

Curacao: The football history of the smallest country ever to have been to the World Cup

June 1, 2026

New insect species discovered in Kastellorizo cave named after Tolkien’s Balrog

June 1, 2026

Airbnb hosts face tax notices over income discrepancies

June 1, 2026

PPC: Stable prices in June despite the uncertainty of the international markets

June 1, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα