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  • ACQUIRING TURKISH CITIZENSHIP

    Article 20 of the Regulation on the Implementation of the Turkish Citizenship Law No. 5901 allows foreign investors to acquire Turkish citizenship on certain conditions. There have been changes in the mentioned article by the 05.01.2022 dated and 5072 numbered Presidential Decree. Those changes were taken into consideration while explaining the conditions listed below.

    Within this scope, the foreign investors;

    • - Who make fixed capital investment at least 500.000 US Dollars or equivalent foreign currency and for whom certificate of conformity is issued by the Ministry of Industry and Technology,
    • - Who purchase the immovable property at least 250.000 US Dollars or equivalent foreign currency and attached annotation at land registration not to sell this property for three years and for whom a certificate of conformity is issued by the Ministry of Environment and Urbanization,
    • - Who employ at least 50 employees and for whom a certificate of conformity is issued by the Ministry of Family, Labor and Social Services,
    • - Who invest at least 500.000 US dollars or its equivalent in foreign currency and make commitment to hold the amount of deposits for three years at banks operating in Turkey and for whom a certificate of conformity is issued by the Banking Regulation and Supervision Agency,
    • - Who purchase public borrowing instruments at least 500.000 US Dollars or equivalent foreign currency and make commitment to hold these instruments for three years and for whom certificate of conformity is issued by the Ministry of Treasury and Finance,
    • - Who purchase a real estate investment fund participation share or venture capital investment fund participation amount of at least 500.000 US Dollars or equivalent foreign currency and make commitment to hold these participation shares for three-years and for whom a certificate of conformity is issued by the Capital Market Board will be eligible to acquire Turkish citizenship.

    Operations have been started to provide faster service by establishing “special/joint offices”, mainly in Ankara and Istanbul by the General Directorate of Population and Citizenship Affairs.

    Moreover, the documents requested for foreigners to acquire Turkish citizenship and the documents requested separately for residence permit applications were simplified and unified by "special/joint offices".