The New Regulations On Acquisition Of Turkish Citizenship For Investors And Property Owners In Turkey
The New Regulations on Acquisition of Turkish Citizenship Due to the amendments Made on the Regulation on the Implementation of the Turkish Citizenship Law which was published in Official Gazette on 12 January 2017 for
investors and property owners in Turkey is presented below. Arabic note is also attached.
THE NEW REGULATIONS ON ACQUISITION OF TURKISH CITIZENSHIP DUE TO THE AMENDMENTS MADE ON THE REGULATION ON THE IMPLEMENTATION OF THE TURKISH CITIZENSHIP LAW
Through the amendment made on the Article 20 of the Regulation on the Implementation of the Turkish Citizenship Law with the decision of Ministry of Councils dated 11/02/2010 and numbered 2010/139 on the date of 12/01/2017, it has been adopted that the foreigners who meets one of the conditions mentioned below may acquire Turkish citizenship within the scope of the Article 12 of the related Law upon the proposal of the Ministry or the decision of Council of Ministers.
a) The foreigner who is confirmed to have made a fixed capital investment of at least 2 million USD by the Ministry of Economy,
b) The foreigner who is confirmed by the Ministry of Environment and Urbanization to have purchased an immovable amounting at least 1 million USD provided that an annotation is put on the land registry records for not selling of the immovable within three years as of the purchase date,
c) The foreigner who is confirmed by the Ministry of Labor and Social Security to have generated employment at least for 100 employees,
d) The foreigner who is confirmed by the Banking Regulation and Supervision Agency to have kept at least 3 million USD in their deposit accounts for three years in Turkish banks,
e) The foreigner who is confirmed by the Undersecretariat of Treasury to have purchased government borrowing instruments amounting to at least 3 million USD while keeping them for three years,
The effective selling rate issued by the Central Bank of the Republic of Turkey will be used as a benchmark to determine the actual values of the operations.
Sunday - Thursday
09:00 - 17:00
08:30 - 13:30
|5/5/2019||5/5/2019||Eid al Isra' Wal Mi'raj|
|10/2/2019||10/2/2019||Hijri New Year|
|12/12/2019||12/12/2019||Birthday of Prophet Muhammad|
+ 90 312 292 29 29