Government offers citizenship to big investors

Turkey will grant citizenship to those who invest or buy valuable property in the country
Thursday, 12 January 2017 22:24

The Turkish government eased the procedure for obtaining the country’s citizenship for foreign investors, who buy properties worth at least $1 million or invest a minimum of $2 million in the country’s economy, Turkey’s Official Gazette reported Thursday. 

The decree, stipulates that foreigners who buy such real estate in Turkey would not be able to sell it for at least three years if they wanted to obtain the citizenship.

Last week Turkish President Recep Tayyip Erdoğan said skilled Syrian and Iraqi refugees currently working on the black market would be granted citizenship if they pass security tests.