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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.
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.
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.
Cambodia has laws enacted that allow foreigners to obtain citizenship through investment, but it is difficult to receive without fluency in Khmer. [12] The countries of Comoros, Nauru, Kiribati, the Marshall Islands, Tonga, and Moldova previously had citizenship by investment programs; however, these programs have been suspended or discontinued.
It works to increase trade and investment, improve economic relations with other countries, and support Turkish businesses operating abroad. EU Affairs department is responsible for Turkey's relations with the European Union (EU). It coordinates Turkey's accession negotiations with the EU and monitors EU policies that affect Turkey's interests.
Paving the way for Turkish President Tayyip Erdogan to run for a fourth term in office is "on our agenda", the spokesman for the president's ruling party said on Monday, adding that the important ...
(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 ...
In order to obtain Turkish citizenship there is a range of legal grounds, which can include: reunification with their family, marriage to a Turkish citizen, for the purchase of real estate worth $400,000 from a Turkish citizen or company. [75] The minimum investment amount was increased in May 2022, previously it was enough to invest $250,000.