Recent Development
On January 12, 2017, the Council of Ministers amended the Regulation on the Implementation of Turkish Citizenship Law published in the Official Gazette No. 27256 dated June 12, 2009 (“Regulation”). According to the amendment, foreign individuals that invest in Turkey are conferred Turkish citizenship under certain conditions.
New conditions for foreign investors to acquire Turkish citizenship
Upon the proposal of the Ministry of Interior and the decision of the Council of Ministers, foreigners holding a residence permit or Turquoise Card1 may acquire Turkish citizenship by fulfilling one of the following conditions:
Conclusion
Turkey continues adapting regulations to encourage foreign investment in the country. Foreigners who fulfill one of the conditions stated above may acquire Turkish citizenship by the proposal of the Ministry of Interior and the decision of the Council of Ministers.
Please do not hesitate to contact us if you have any questions regarding the conditions to acquire Turkish citizenship.