×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
10
Dec 2025
weather symbol
Athens 14°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

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

Turkstream’s managing company will move its headquarters to Budapest to circumvent sanctions

Strong 5.3 magnitude earthquake in Antalya, Turkey

European Commission handbook depicts the East Aegean islands and the Dodecanese as Turkish

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

The Israeli sailboat was found south of Limassol, the four passengers unharmed

December 10, 2025

Lavrov: There is not even a thought of attacking Europe, but we will respond if they deploy in Ukraine

December 10, 2025

Voridis: The prosecutor said the obvious about the blockades, the farmers should sit at the table of dialogue

December 10, 2025

Cyprus launches national operation for the yacht with Israelis missing in the Mediterranean

December 10, 2025

Ukrainian bombing of a hospital in occupied Kherson, three dead

December 10, 2025

Clashes with sticks and tear gas at the Rio–Antirrio blockade – Farmers lifted the toll barriers

December 10, 2025

Powerful inmates are running Cyprus’ prisons, says the Council of Europe’s Committee for the Prevention of Torture

December 10, 2025

Zelensky: Talks today with Americans on 20-point peace plan

December 10, 2025
All News

> technology

iPhone 17: Slimmer, better, but not much more expensive despite Trump’s tariffs

Apple also unveiled the iPhone Air, just 5.6 mm thick — its answer, in a way, to foldable models

September 10, 2025

Voice Cloning: A new form of AI-assisted fraud sweeps the US and is coming to Europe

October 20, 2024

Instagram: Changes for minors – Introducing ‘teen accounts’ with parental supervision, countries affected

September 17, 2024

Europe at the forefront of artificial intelligence: The first AI law

August 30, 2024

Artificial Intelligence (AI): Summer School at Democritus by Leading Scientists

July 2, 2024
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα