The conditions for acquiring Turkish citizenship through investment in Turkey have been changed with the latest amendment, according to the amendment, the necessary conditions for becoming a Turkish citizen by investment have been determined.

A foreigner who meets any of the following conditions may acquire Turkish citizenship upon the proposal of the Ministry and the decision of the Council of Ministers:

a) It is determined by the Ministry of Economy that it has realized a fixed capital investment of at least USD 500,000,

b) It is determined by the Ministry of Environment and Urbanization that the Ministry of Environment and Urbanization has purchased real estate amounting to at least USD 250.000 with the condition of placing an annotation not to be sold for three years in the title deed records

c) Determined by the Ministry of Labor and Social Security to create employment for at least 50 persons,

ç) It has been determined by the Banking Regulation and Supervision Agency that it has deposited deposits amounting to at least USD 500.000 in banks operating in Turkey on condition that they are kept for three years,

In determining the monetary values, the effective selling price of the Central Bank of the Republic of Turkey at the date of determination shall be taken as basis.

For detailed information on citizenship procedures please irtibata geçin.