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New regulation - Foreigners acquiring Turkish citizenship through investment

20th September 2018

The Turkish government has introduced a new scheme for acquiring Turkish Citizenship through investment.

Under the new routes, foreign citizens are able to acquire Turkish citizenships by

 

• Making a fixed capital investment for of at least 500,000 USD that is determined by the Ministry of Industry and Technology ;

• Acquiring at least 250,000 USD immovable property in Turkey and an annotation that the property shall not be transferred must be registered on the title deed, that is determined by the Ministry of Environment and Municipality;

• Generating at least 50 new employments that is determined by the Ministry of Family, Labour and Social Security;

• Investing at least 500.000 USD deposit into a bank account in Turkey provided that it must be kept for three years that is determined by the Banking Regulation and Supervision Agency; and

• Acquiring at least 500,000 USD Government’s debt instruments provided that it must be kept for three years that is determined by the Undersecretaries of Treasury and Finance

Source - MGC Legal

 

 

Q) How do i apply for Turkish Citizernship through investment for myself and my family? 

For obtaining citizenship through investment, the applicant must first obtain investor residence permit. The applicant’s husband/wife and children under 18 can apply it too. After obtaining such residence permit they can apply for citizenship.

 

Contact - permit@yellali.com if you would like to apply for Turkish Citizenship

 

 

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