With paragraph (b) attached to the first paragraph of Article 12 of the Law No. 5901 on July 28, 2016;
- Those who have invested in the scope and amount determined by the President and obtained a residence permit in accordance with paragraph (j) of article 31 of the Law No. 6458
- Foreigners with Turquoise Cards
Can gain Turkish citizenship by the decision of the T.C. President.
According to the new regulations published in the Official Gazette on September 18, 2018, the scopes and amounts determined are stated below and foreigners who meet any of the following conditions can gain Turkish citizenship by the decision of the T.C. President.
Determined by the Ministry of Industry and Technology that it has made fixed capital investments of at least 500,000 USD or equivalent in foreign currency or equivalent Turkish Lira
At least 250,000 USD or equivalent foreign currency or equivalent turkish lira real estate is not sold to the land registry for three years, the Ministry of Environment and Urbanization has determined.
Identified by the Ministry of Family, Labor and Social Services, where it employs at least 50 people
At least 500,000 USD or equivalent foreign currency or equivalent turkish lira deposits are deposited in banks operating in Turkey for three years, as determined by the Banking Regulation and Supervision Agency
At least 500,000 USD or equivalent foreign currency or equivalent turkish lira state borrowing instruments are purchased on the condition that they hold for three years.
At least 500,000 USD or equivalent foreign currency or equivalent turkish lira real estate investment fund participation share or venture capital investment fund participation share is determined by the Capital Market Board, which it purchases on the condition that it holds the participation share for at least three years.