Imtilak Properties
12-01-2017

 Turkish government announced that Turkish citizenship will be granted for foreigners who own properties worth $1 million, or for those who has invested $2 millions, or for those who open a bank account worth $3 millions, or buy the debt of the state with $3 millions for a period of three years, of course that is according to the official newspaper.

According to this current change in the Turkish citizenship law; the new resolution will include:

  1. Foreigners who own properties in Turkey, worth at least $1 million, but with a condition that the property will not be sold for a period of at least 3 years.
  2. Investment’s capital that worth $2 millions or more.
  3.  Investors with bank accounts amounting $3 millions or above in the Turkish active banks.
  4.  Those who buy the debt of the state with $3 millions for a period of 3 years.
  5. Investors whom hire at least 100 Turkish workers.

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