Republic of Turkey has amended its law to offer citizenship to international investors!

The decree on the changes published in Turkey's Official Gazette grants citizenship to foreigners who make a fixed capital investment of at least USD 2 million, keep at least USD 3 million in a bank account for at least 3 years or create at least 100 jobs in the country.

With the new law (announced on January 12, 2017 on Official Gazette), foreign investors who bring substantial assets/capital to Turkey can obtain Turkish Citizenship. In brief we can list how foreign investors who fulfil one of the following criteria can gain the Turkish Citizenship:

In this context, investors who request residence permit will be granted 5 years of residence permit by Directorate of Migration Management.