Turkey:
Turkish Citizenship Now Offered In Return For US $1.5 Million Investment Into Real Estate Or Venture Capital Funds
30 May 2017
Moroglu Arseven
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Foreign investors holding at least US $1.5 million shares in
either real estate or venture capital investment funds for three
years are now entitled to Turkish citizenship. Citizenship will
only be given if the Capital Markets Board confirms these
details.
The Regulation Amending the Regulation on Implementation of the
Turkish Citizenship Law was published in Official Gazette number
30057 on 5 May 2017, entering into force on the same date. Please
see this link for the full text (only available
in Turkish).
Information first published in the MA | Gazette, a fortnightly legal
update newsletter produced by Moroğlu Arseven.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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