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Acquisition of Turkish Citizenship

Acquisition of Turkish Citizenship

It is much more advantageous to invest in Turkey and get Turkish citizenship by investment with the recent changes dated 19 September 2018 on the Regulations of the Turkish Citizenship Law. If you want to acquire Turkish citizenship in a legal and most efficient way, you can benefit from the high quality services which we provide as PraeGlobal.

Foreigners who have Turkish residence permit or Turquoise Card and who fulfill one of the options listed below may be granted with Turkish citizenship with the decision of the Council of the Ministers.

  • Foreigners who make fixed capital investment of at least 500.000USD or equivalent foreign currency or Turkish Lira and whose such investment is recognized by the Ministry of Industry and Technology,
  • Foreigners who purchase at least 250.000 USD or equivalent foreign currency or Turkish Lira worth of immovable property with the condition of keeping the ownership of the property for at least 3 years and whose such purchase is recognized by the Ministry of Environment and Urbanization,
  • Foreigners who generate employment for at least 50 people and whose such employments are recognized by the Ministry of Labour, Social Services and Family,
  • Foreigners who hold a deposit account with at least 500.000 USD or equivalent foreign currency or Turkish Lira in a bank which operates in Turkey with the condition of keeping the account for 3 years and whose such account is recognized by the Council of Bank Audit and Regulation,
  • Foreigners who purchase government debt instruments worth of at least 500.000 USD or equivalent foreign currency or Turkish Lira with the condition of keeping them for 3 years and whose such purchase is recognized by the Ministry of Treasury and Finance,
  • Foreigners who keep hold of real estate investment trust share or venture capital investment trust share worth of at least 500.000 USD or equivalent foreign currency or Turkish Lira with the condition of not selling them for 3 years and whose such hold is recognized by the Capital Markets Board,

*Citizenship application period may change according to the city where residence permit is received.

Please do not hesitate to contact us for further inquiries.