Property Invest - Turkish Citizenship is Simplified by The Turkish Government!

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Turkish Citizenship is Simplified by The Turkish Government

According to the Official Gazette dated September 19, 2018; Turkey has reduced the investment limits to encourage foreign investments in Turkey:      

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Lower limit of fixed capital investments reduced to $500.000 from $2.000.000. Worth of the Property Invested in Turkey reduced to $250,000 from $1.000.000. The minimum deposit required in Turkish Banks reduced to $500,000 from $3 million. Duration to hold undiversified government-issued bonds worth a minimum of $500,000 is now three years! The minimum duration to hold the real estate investment fund shares and/or venture capital investment fund shares is now three years. The number of jobs to be generated by the foreign employers reduced to 50 from 100. Turkish Citizenship by Notarized Property Purchase Commitment: According to the new chapter added to the regulations to get Turkish citizenship on 07.12.2018: The amount for notarized Property Investment commitment is $250.000. The notarized commitment to Property Investment contract will dictate the payment to be made in cash. The notarized commitment to Property Investment contract will not be transferred or abandoned for three years. Foreigners may choose to invest in ongoing projects which are yet under construction. Other Means to Obtain Turkish Citizenship are: Being born to foreign parents in Turkey if the child is not able to obtain the citizenship of the parents’ homeland. Being adopted as a child by a Turkish citizen. Having a minimum of five years of uninterrupted residency in Turkey. Conforming with the actions taken per the decision made to settle in Turkey. Being free of dangerous diseases. Having good character with moral values, speak a reasonable level of Turkish, have adequate earnings to support themselves and their dependents, or having a good job.


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