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Written By Nargiz Gambarova | 21 December 2022
Following the amendment made in Circular No. 2019/5 issued within the scope of the Implementation Regulation of the Turkish Citizenship Law, major changes have been made in implementing the Turkish Citizenship Law, effective as of 01.01.2023.
Written By Nargiz Gambarova | 18 October 2022
According to the Banking Regulation and Supervision Agency (BRSA), foreign investors can acquire Turkish citizenship by investing at least 500,000 US Dollars or equivalent foreign currency or Turkish Lira deposits (this amount was at least 3,000,000 US Dollars before the amendment) to banks operating in Turkey for three (3) years.