Obtaining Turkish citizenship
The new law on Turkish citizenship and how to obtain it was published in the Turkish Official Gazette today, Wednesday.
The new law for obtaining Turkish citizenship
It will include an amendment decision for everyone who fulfills the conditions to be able to apply for Turkish citizenship, and the conditions are as follows:
Buying a property in Turkey worth 250 thousand US dollars instead of at least one million dollars and not selling it for three years.
Fixed investment of at least $500,000.
Providing a job opportunity for at least 50 Turkish citizens instead of 100 citizens.
Reducing the value of the deposit requirement in Turkish banks from 3 million dollars to 500 thousand dollars for a period of three years.
It is also mentioned that the Turkish government announced last year, giving foreign investors the opportunity to apply for Turkish citizenship.
Previously, the conditions included buying a property worth at least $1 million and not selling it for three years, or a fixed investment of at least $2 million, providing a job opportunity for at least 100 Turkish citizens, or depositing $3 million in Turkish banks for three years.