Citizenship by investment
The Government of Turkey has published amended citizenship regulations reducing the investment amounts to foster foreign direct investment in official gazette dated 18 Sep 2018.
According to the new amendments, foreigners buying real estate or invest in any of the following options will be eligible for turkish citizenship by investment
The following investments qualify for citizenship in Turkey.
- USD 250,000 real estate property ownership in Turkey (cannot sell for 3 years)
- USD 500,000 venture capital or enterprise investment in Turkish businesses
- USD 500,000 in Turkish government bonds (refunded fully after 3 years)
- USD 500,000 bank deposit in a Turkish bank.
The new reduced prices makes it cheaper for foreign investors to invest in Turkey, and also when the price of lira is historically low.
The government bonds option is also a very attractive option.