ARTICLE
30 May 2017

Turkish Citizenship Now Offered In Return For US $1.5 Million Investment Into Real Estate Or Venture Capital Funds

MA
Moroglu Arseven

Contributor

“Moroglu Arseven is a full-service law firm, with broadly demonstrated expertise and experience in all aspects of business law. Established in 2000, the firm combines a new generation of experienced international business lawyers, who hold academic, judicial and practical experience in all aspects of private law.”
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.
Turkey Immigration

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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