The requirements for acquiring Turkish citizenship and becoming a Turkish citizen vary according to the type of citizenship application to be made. However, after the changes made by the Turkish Grand National Assembly on the Turkish Citizenship Law, because of the fact that foreigners made it easier to acquire citizenship by investment or by acquiring real estate, the most curious application method was the way to acquire citizenship by investment or by acquiring real estate.
In this article, we will explain the conditions of acquiring Turkish citizenship through investment. You can reach the conditions for acquiring Turkish citizenship through the link ………………..(it will be easier to redirect if we put the link of the place where we will make a general title on the site).
1-) Turkish Citizenship by Fixed Capital Investment
A minimum capital investment of 500,000 USD or equivalent in foreign currency or Turkish Lira is required. This amount, which was 2,000,000 USD before, has been reduced to 500,000 USD after the change. The capital investment made should be determined by the Ministry of Industry and Technology.
2-) Turkish Citizenship by Purchasing Real Estate
An immovable with a value of at least 250,000 USD or a different foreign currency or Turkish Lira must be registered in the land registry, with an annotation stating that it cannot be sold for at least 3 years.
3-) Turkish Citizenship Through Employment Creation
At least 50 jobs need to be created (reduced from 100 to 50 by the last law change). It should be determined by the Ministry of Employment, Family, Labour and Social Services.
4-) Turkish Citizenship Through Deposits in Banks
Deposits of at least 500,000 USD or equivalent in a different foreign currency or Turkish Lira must be deposited to banks operating in the Republic of Turkey if they are kept for at least three years. The transaction must be determined by the Banking Regulation and Supervision Agency.
5-) Turkish Citizenship with Government Borrowing Instruments
A government debt instrument of at least 500,000 USD or a different foreign currency or Turkish lira must be purchased if it is held for at least three years. The transaction must be determined by the Ministry of Treasury and Finance.
6-) Turkish Citizenship with Investment Fund Contribution Share
Venture capital investment fund participation shares or real estate investment fund participation shares amounting to a minimum of 500,000 USD or a different foreign currency or Turkish lira equivalent must be purchased if they are held for at least three years. The transaction must be determined by the Capital Markets Board.