According to the Official Gazette dated September 19, 2018; Turkey has reduced the investment limits to encourage foreign investments in Turkey:
- 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:
Last Updated: 3/5/2019 4:43:26 PM
- 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.