As per the recent amendment in the Regulation on Implementation of the Turkish Citizenship Law, foreigners can become a Turkish citizen together with their spouses and young or dependent children by the ofer of Ministry of Interior and the decision of President, in case one of the below conditions is met:

– The Ministry of Treasury and Finance determines that the foreigner has made a ixed capital investment in the amount at least USD 500,000,

– The Ministry of Environment and Urbanisation determines that the foreigner has purchased a property in the amount at least USD 250,000 by registering such property to the title deed

together with an annotation stating that the property shall not be sold for 3 years,

– The Ministry of Family, Labour and Social Services determines that the foreigner provides employment for at least 50 employees,

– The BRSA determines that the foreigner has deposited at least USD 500,000 to the banks operating in Turkey on the condition that such deposit shall be retained for 3 years in such banks, or

– The Ministry of Treasury and Finance determines that the foreigner has purchased sovereign debt instruments in the amount of at least USD 500,000 on the condition of retaining them for 3 years.

– The Capital Markets Board determines that the foreigner has purchased shares in private equity or real estate investment funds for at least USD 500,000 and retained such shares for 3 years.