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A newly revised set of rules ("Guideline") concerning the acquisition of Turkish Citizenship through purchase of real property was published by the Foreign Affairs Department of the General Directorate of Land Registry and Cadastre on 20 December 2022.

Foreign investors should hold the properties or continue the minimum limit of financial investments for at least three years to meet the criteria for Turkish citizenship.

Turkey has reduced the financial and investment thresholds required for foreigners to acquire Turkish citizenship. The new thresholds apply from 19 September 2018.

The Central Bank of the Republic of Turkey ("CBRT") has introduced the obligation to exchange foreign currency for immovable property acquisitions of which foreign real persons are the buyers by its amendment of the...

Pursuant to the Regulation on the Implementation of Turkish Citizenship Law ("Regulation") published in the Official Gazette dated 6 April 2010 and numbered 27544, in the event of exceptional circumstances,

Please kindly find below a brief memo issued by our law firm regarding obtaining Turkish Citizenship through investment.

The Turkish Citizenship by Investment program continues to attract global attention as one of the most accessible and efficient citizenship routes for investors.

Becoming a citizen of another country may require long years of residency and legal procedures.

In the dynamic landscape of global citizenship, the Turkish Nationality by Investment Program stands out as a beacon of opportunity for those seeking to expand their horizons.

Enacted on 12th January 2017, Ankara will grant citizenship to foreigners who buy at least USD 1 million worth of real estate or have at least USD 3 million deposited in Turkish banks, under the condition that this money won't be withdrawn and the real estate sold for at least 3 years.

The number of countries offering investment programs that result in a full-fledged citizenship (rather than merely residence) can be counted almost on two hands, with the majority located in the Caribbean.

Turkish citizenship can be acquired in several ways, including by marriage or employment or living for a certain period of time. Another option is making investment in the country.

In accordance with Article 20 of the Regulation on the Implementation of the Turkish Citizenship Law, various investment options are offered to foreigners who want to acquire citizenship.

Securing Turkish Citizenship has become a pivotal catalyst for individuals seeking to enhance their business prospects and investments.

Until the recent framework changes, Turkey had a very strict policy when it came to granting citizenships to foreigner, and especially did not grant citizenships based on any kind of investment.

Turkish Citizenship by Investment Program was newly introduced on 12.01.2017 and amended on 18.09.2018. Owing to the new system...

The regulation amending the Regulation regarding the Implementation of the Law on Turkish Citizenship (the "Amending Regulation") has been published in the Official Gazette No. 31711...