Turkish citizenship for investors

What you need to get the Turkish citizenship as an investor

Turkey is considered nowadays as the most important investment gateway in the region according to Moody’s and Fitch rating latest indicators.

Latest reports have indicated that the Turkish economy is in a stable condition due to its strategic location predicting a bright future for the country on the international investment arena in the upcoming years.  Lately, the Turkish government has issued a cluster of decrees to boost the number of investors in Turkey.

Options for acquiring the Turkish citizenship for investors

According to the laws of naturalization of foreign nationals published in the official Turkish newspapers, the criteria is:

• People who deposit 3 Million US Dollars or more in Turkish banks are entitled to acquire the Turkish citizenship.
• People who employ 100 Turkish citizens or more in their establishments are entitled to acquire the Turkish citizenship.

The above decrees have been approved and went into effect as of being published by the official newspaper.

Main requirements to acquire the Turkish citizenship as an investor

One of the below requirements must be met to acquire the Turkish citizenship:

• An official document issued by the Ministry of Planning and Environment stating ownership of property in Turkey with a value of 1Million US Dollars or more. The real estate property must be held in the applicant’s name for a minimum period of 3 years.
• An official document from the Ministry of Economy showing a fixed investment in Turkey with a value of 2 Million US Dollars.
• A fixed deposit certificate showing a deposit in the applicant’s name in the amount of 3 Million US Dollars in any Turkish bank. The fixed deposit must be maintained for at least 3 years.
• An official document issued by the Ministry of Labor stating that the applicant is employing 100 Turkish citizens at his/her establishment.
• An official certificate from the Turkish Treasury stating the purchase and ownership of government debt bonds in the amount of 3 Million US Dollars or more.

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