Turkey Now Offering a Citizenship by Investment Program

• Posted on Mar 22, 2017
• In Turkey

In January Turkey officially amended its citizenship laws to include provisions for citizenship by investment.
Foreigners may now acquire Turkish citizenship provided they fulfill one of the following investment requirements:

• Make a fixed investment of at least US$2 million.
• Purchase immovable property worth at least US$1 million and hold it for at least three years.
• Create at least 100 new jobs.
• Deposit at least US$3 million in a Turkish bank and hold it there for at least three years.
• Invest at least US$3 million in government bonds and hold them for at least three years.

Turkey hopes to attract more tourists as well as foreign investment with the new citizenship laws.