Turkey is a country like no other; where east meets west, only the citizens of Turkey can boast to live within two continents. With its unique Geo-strategic location nestled between Europe and Asia, Turkey has always been at the crossroads of civilizations. Owing to its rich history, Turkey has cultivated a welcoming culture enriched with social and religious diversity. Today, modern Turkey is known for its world-famous cuisine, exclusive sites of archaeological and diverse religious interests, and of course for one of the world’s greatest cities, Istanbul.
Turkey’s accessible position and combination of tradition and modern lifestyles appeals to millions of tourists every year. Turkey ranked the 6th most visited country with 56 million tourists in 2019, with Istanbul remaining one of the most revisited cities in the world.
As a member of G20 which brings together the world’s major advanced and emerging economies, Turkey’s popularity renders it a leading choice for a second home for thousands of citizenship-by-investment clients from all over the world.
Based on Turkish law on Citizenship,“Acquisition of Turkish Citizenship”, with the law No.5901 promulgated on 28thJuly 2016,as amended from time to time (the “A ct”),and those who obtain a residence permit further to the law No.6548, by investing within the scope and amount determined by the President,may acquire Turkish citizenship based on the re solution of the President of the Republic of Turkey.
New regulations were published in the official gazette on 18th September, the real estate investment decreased from $1000 k to$250 k and the financial estate investment dropped from $2000 k to $500 k. Under the new regulations, foreigners who meet the required investment options will be able to acquire Turkish Citizenship for themselves and their families.