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ARTICLE · 04 APRIL 2024

50 Most Asked Questions On Turkish Citizenship By Investment FAQ

Kurucuk & Associates
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It is not legal to make direct payments with crypto assets in Turkey. In the regulation published with the title "Regulation on the Non-Use of Crypto Assets in Payments"...

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Özgür Kurucuk
Özgür Kurucuk

50 MOST POPULAR TURKISH CITIZENSHIP QUESTIONS AND ANSWERS

1-Is it possible to invest in Turkey by crypto currency and apply for Turkish citizenship by investment by this method?

It is not legal to make direct payments with crypto assets in Turkey. In the regulation published with the title "Regulation on the Non-Use of Crypto Assets in Payments", the use of Cryptocurrency in payments is prohibited as of April 30, 2021. However, the only condition for obtaining citizenship is that the money has been transferred from the applicant's own account in Turkey or outside Turkey. Some real estate companies or 3rd parties can convert this cryptocurrency and may send to applicants own bank account established in Turkey. Apart from this method, it is not possible to directly invest with cryptocurrency and apply for citizenship.

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