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Turkish citizenship law

Ministry of Internal Affairs has announced that Private Offices will be established for the foreigners who want to obtain Turkish Citizenship. The reason for these establishments is that  Turkish Government is trying to attact the foreign investors by simplified procedures and processes

With the new law published on the Official Gazette, the regulations regarding obtaining Turkish Citizenship have changed. With the bill signed by Turkish President, R.T.E, regulations regarding Turkish Citizenship have changed the procedure of obtaining the citizenship.
According to the new amendment, the amount of stable capital has been reduced from $2.000.000 to $500.000.
In addition the amount of realty ownership has been reduced from $1.000.000 to $250.000.
Furthermore, the number of recruitment has been reduced from 100 employees to 50. Likewise, the amount of deposit to be kept in Turkish bank accounts has been reduced from $3.000.000 to $500.000.

Ministry of Internal Affairs has announced that Private Offices will be established for the foreigners who want to obtain Turkish Citizenship. The reason for these establishments is that  Turkish Government is trying to attact the foreign investors by simplified procedures and processes.
The Ministry has announced that these Private offices will give service to applicants individually.

As of the new regulations made by the president’s amendment is as follows:
(2) those who can fulfill the following conditions may get Turkish Citizenship by the law passed bythe President:
(A) those who made and proven an investment of $500000 or TL equivalent
(B) those who have purchased a real estate property with the condution that it cannot be sold for 3 years (should be proven to  Ministry of Environment and Urban Issues)
(C) those who have recruited a staff of minimum 50 employees

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