HOW TO BECOME A TURKISH CITIZEN BY INVESTMENT?

HOW TO BECOME A TURKISH CITIZEN BY INVESTMENT?

‘How to get citizenship in Turkey?’ is one of the most frequently asked question for foreigners, interested in Turkish Citizenship. Becoming a Turkish Citizen has become very popular by 2019. At the end of 2018 Turkish Government has changed Turkish Citizenship Law, numbered 5901, by decreasing investment amounts. Thousands of foreign investors and individuals gained the rights of Turkish citizenship.

As a fast-developing economy with more than yearly 5% and its 82 million population, Turkish citizenship offers wonderful business opportunities. Its convenient climate, famous cuisine, high quality education institutions and leisure opportunities, attract many foreigners by citizenship through investment.

There are various types of citizenship acquisition through investment.

In order to Turkish Citizenship Law, foreigners can get a Turkish Citizenship by;

  • Purchasinga real estate at least 250,000 US Dollars or equivalent foreign currency, (certified by the Ministry of Environment and Urbanization)
  • Making fixed capital investment at least 500,000 US Dollars or equivalent foreign currency, (certified by the Ministry of Industry and Technology)
  • Employing at least 50 employees, (certified by the Ministry of Family, Labor and Social Services)
  • Investing at least 500,000 US dollars or its equivalent in foreign currency and making commitment to hold the amount of deposits for three years, (certified by the Banking Regulation and Supervision Agency)
  • Purchasing public debt instruments at least 500,000 US Dollars or equivalent foreign currency and making commitment to hold these instruments for three years, (certified by the Ministry of Treasury and Finance)
  • Purchasing a real estate investment fund participation share or venture capital investment fund participation amount of at least 500,000 US Dollars or equivalent foreign currency and making commitment to hold for three years, (certified by the Capital Market Board)
27 May 2020 / by / in
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