Turkish citizanship 

Turkey has significantly eased the required limits for foreigners to acquire Turkish citizanship to encourage investment, according to new regulations published in the country’s Official Gazette on Sept. 19.


The lower limit of fixed capital investments to acquire Turkish citizanship for foreigners has been reduced to $500,000 from $2 million.

 

Foreigners who own real estate in Turkey worth a minimum of $250,000, instead of $1 million, can avail Turkish citizanship.

 

The deposit requirement of minimum $3 million in Turkish banks has also been lowered to $500,000.

 

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