Exceptional Turkish Citizenship Acquisition

Exceptional Turkish Citizenship Acquisition

Exceptional Turkish Citizenship Acquisition

Exceptional Turkish citizenship, with the paragraph (b) added to the first paragraph of Article 12 of Law No. 5901 on July 28, 2016;

  • Those who obtain a residence permit in accordance with the paragraph (j) of the first paragraph of Article 31 of Law No. 6458 by investing in the scope and amount determined by the President.
  • Foreigners holding Turquoise Cards

With the decision of the President of the Republic of Turkey, he can acquire Turkish citizenship.

The scope and amounts determined according to the new regulations published in the Official Gazette on September 18, 2018 are given below, and foreigners who meet any of the following conditions can acquire Turkish citizenship upon the decision of the President of the Republic of Turkey .

  • It is determined by the Ministry of Industry and Technology that it has made a fixed capital investment of at least 500.000 USD or equivalent foreign currency or equivalent Turkish lira.
  • The immovable property of at least 250,000 US dollars or equivalent foreign currency or equivalent Turkish lira is determined by the Ministry of Environment and Urbanization, on condition that it is not sold to the land registry records for three years.
  • It has been determined by the Ministry of Family, Labor and Social Services, where it creates employment for at least 50 people.
  • At least 500,000 US dollars or its equivalent in foreign currency or Turkish lira equivalent amount of deposits they must keep the deposit banks operating in Turkey for three years as determined by the Banking Regulation and Supervision Agency
  • Determined by the Ministry of Treasury and Finance, which it purchased for at least 500,000 US dollars or equivalent foreign currency or equivalent Turkish lira with the condition of keeping the government debt instruments for three years.
  • Determined by the Capital Markets Board, where it purchases at least 500,000 US dollars or equivalent foreign currency or equivalent Turkish lira investment fund participation share or venture capital investment fund participation share for at least three years.