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Obtaining Turkish citizenship by investment has gained significant popularity in recent years, offering foreign investors a streamlined path to Turkish nationality. Under Article 20 of the Regulation on the Implementation of the Law on Turkish Citizenship (No. 5901), citizenship is granted through a presidential decision.
Turkey offers Turkish Citizenship by Investment (TCBI). Investors are required to purchase real estate worth at least US$400,000 and hold it for 3 years or deposit US$500,000 in a bank in Turkey for a period of 3 years. Upon investing as above and submitting citizenship application duly, a Turkish passport is granted typically within 6 months.
By 1980, Turkey had admitted approximately 1,300,000 immigrants; 36% came from Bulgaria, 25% from Greece [citation needed], 22.1% from Yugoslavia, and 8.9% from Romania. These Balkan immigrants, as well as smaller numbers of Turkic immigrants from Cyprus and the Soviet Union, were granted full citizenship upon their arrival in Turkey.
However, following steps taken by Turkey's main opposition party CHP, the modifications brought by the 2003 by-law were declared as void by the Constitutional Court of Turkey on 26 April 2005, in a decision to enter into effect as of 27 July 2005 and the purchase of real estate by foreign nationals was suspended until a modified law dated 7 January 2006 was brought into effect.
(Bloomberg) -- Turkey allowed its sovereign wealth fund to take over private companies in distress as part of a series of economic measures to help the Middle East’s largest economy survive the ...
Pages in category "Naturalized citizens of Turkey" The following 126 pages are in this category, out of 126 total. This list may not reflect recent changes. A.
"Most of the time, law enforcement officers and detention officers deal with good folks having a bad day. Occasionally we deal with bad folks. I can honestly say that my staff over the last day ...
The next day, she said she woke up feeling "very weak" like she couldn't walk. She'd had plans to travel to Las Vegas to film a commercial, and a family member drove her there from her home in L.A ...