The Council of Ministers has added a new sub clause to the second clause of article 20 of the Regulation on Turkish Citizenship Law enacted with the Cabinet Decision numbered 2010/39 and dated 11.02.2010.
When it is determined by the Capital Markets Board that a person has share of real estate investment trust valuing at 1.5 million USD or keeps share of venture capital investment for 3 years, he/she will be able to get Turkish Citizenship.
Previously, with the Cabinet Decision dated 12.01.2017, it has been decided that if a person keeps an asset valuing at 1 million USD for 3 years without selling it, or has fixed capital valuing at 2 million and deposits valuing at 3 million USD, he/she will have Turkish Citizenship.
Source: Ministry of Labor and Social Security
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