turkish citizenship Tag

Acquisition of Turkish Citizenship for Foreign Investors

As per the foreign investment programme recently adopted by the Turkish Republic, foreign investors who make direct investment in Turkey having certain monetary value are granted the right to acquire Turkish citizenship. These investments may either be by means of injecting capital investment (such as establishing a Turkish company or purchasing the shares of an established company), purchase of immovable property, establishment of a business which provides employment of employees, investing money in deposit accounts at Turkish banks, purchase real estate investment fund participation share or venture capital investment fund participation or purchasing public borrowing instruments. Herein, we aim to briefly outline...