Learn about the new regulation for obtaining Turkish citizenship 2022

Learn about the new regulation for obtaining Turkish citizenship 2022

When you obtain Turkish citizenship, you enjoy many advantages and benefits, the most important of which are obtaining a Turkish identity, a Turkish passport within six months, visa-free entry to 116 countries, the opportunity to open a bank account in international banks around the world, obtaining full medical and treatment rights, and qualifying To get a pension as a Turkish citizen, free education and university, and the right to vote in any elections.
Perhaps everyone who visits Turkey would like to become a Turkish in order to settle in this vast and beautiful country.

The Turkish government has recently made some changes in the rules for obtaining Turkish citizenship for foreigners and residents of the country.

The amended regulation on the implementation of the law on obtaining Turkish citizenship has been published in the Official Gazette and includes the new conditions applicable to foreign nationals inside and outside the country.

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First, those who are determined by the Ministry of Industry and Technology to have invested a fixed financial investment of at least 500,000 US dollars or its equivalent in foreign currencies can apply for Turkish citizenship.

Turkish citizenship is also granted to anyone who purchased real estate worth 400thousand US dollars by the Ministry of Environment, Urbanization and Climate Change, provided that an annotation is placed in the real estate registry that prevents the sale of the property for a period of 3 years or it is mentioned in the real estate registry that the transfer of ownership or ownership will not take place Waive it for a period of 3 years.

In addition, everyone who employs at least 50 Turks through the Ministry of Labor and Social Security is entitled to become Turkish citizens.

At the same time, those who deposited 500,000 US dollars (or its equivalent in foreign currency to banks operating in Turkey) were also naturalized and kept for 3 years by the Regulatory and Supervisory Agency.

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You can also obtain Turkish citizenship when purchasing government debts determined by the Ministry of Treasury and Finance for an amount of at least 500,000 US dollars or its equivalent in foreign currency, provided that they are kept for a period of 3 years.

Anyone who buys participating shares in real estate investment trusts or venture capital investment fund of at least 500,000 US dollars with a commitment to keep them for at least 3 years can apply for Turkish citizenship.

The new regulations also state that before the transaction takes place, the currency amounts determined by the Ministry of Environment, Urbanization and Climate Change, the Banking Regulation and Supervision Agency, the Ministry of Treasury and Finance and the Investment Board will be sold to a bank operating in Turkey, which in turn will sell them to the Central Bank of the Republic of Turkey .

Turkish lira amounts resulting from the sale are held in Turkish lira deposits, and Turkish lira amounts received by the Ministry of Treasury and Finance are held in Turkish lira government debt securities for a period of 3 years. The Central Bank shall determine the practices and principles related to this matter.

With the amendment of the law, the relevant authorities will form a committee consisting of representatives from the Ministry of Labor and Social Security, the Ministry of Environment, Urbanization and Climate Change, the Ministry of Treasury and Finance, and the Ministry of Industry and Technology, and monitor the process of citizenship applications from the Ministry of Interior.

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