Law No. 4857
Application of Turkish Citizenship Law through investment offers a streamlined path for foreign nationals seeking to acquire Turkish citizenship. This route has gained popularity due to its relatively fast processing time and flexible requirements. In this article, we will focus on the investment-based options available, including the real estate investment program, capital investment, and job creation routes. We’ll outline the eligibility criteria, application process, and key factors to consider when applying for Turkish citizenship through investment. Application of Turkish citizenship law requires in-depth knowledge and know-how of the law. For a smoother application of Turkish citizenship law, contact us today.
Official Gazette dated January 12, 2017
Issue: 29946
Decision Number: 2016/9601
Attached “Enforcement of the Regulation on the Amendment of the Regulation on the Implementation of the Turkish Citizenship Law”; According to the Article 46 of the Turkish Citizenship Law No. 5901 on the letter of the Ministry of Interior dated 6/12/2016 and numbered 3972. The Council of Ministers decided on 12/12/2016.
REGULATION ON THE IMPLEMENTATION OF THE LAW OF TURKISH CITIZENSHIP REGULATION
ARTICLE 1- The following paragraph has been added to the 20th Article of the Regulation on the Implementation of the Turkish Citizenship Law put into force by the Decree of the Council of Ministers dated 11/2/2010 and numbered 2010/139 and the following paragraphs have been amended accordingly and the same article has been amended accordingly (B) and “(b)”, the “second” clause was changed to “third” and the following paragraph was added to the same article.’’
(2) A foreigner who acquires any of the following conditions may acquire Turkish citizenship with the proposal of the Ministry and the decision of the Council of Ministers within the scope of paragraph (b) of the first paragraph of Article 12 of the Law:
“(6) When the monetary values stated in the second paragraph are determined, the effective sales price of the Central Bank of Turkey at the date of determination shall be taken as basis.
Enters into force on the date of its publication.
ARTICLE 2- This Regulation shall enter into force on the date of its publication.
ARTICLE 3- The provisions of this Regulation are executed by the Council of Ministers.
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