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"The Regulation Concerning Amendments to the Regulations Regarding Enforcement of Law on Turkish Citizenship" has been published on the Official Gazette under the signature of President and Justice and Development Party (AKP) Chair Recep Tayyip Erdoğan.
The regulation has introduced amendments into the requirements to be fulfilled to acquire the citizenship of Turkey.
Amount of investments and purchases reduced
According to the new regulation, the fixed capital investment limit, which was previously 2 million US Dollars, has been reduced to 500 thousand dollars. Also, the requirement of purchasing 1-million-dollar real estate has been reduced to 250 thousand US Dollars.
The number of people required to be employed to acquire the citizenship of Turkey has also been decreased from 100 people to 50 people.
The amount of money to be deposited into a bank which operate in Turkey for at least three years has been reduced from a minimum of 3 million US Dollars to 500 thousand dollars.
Special offices will evaluate the applications
As per the new regulation, a commission consisting of representatives from the Ministry of Family, Labor and Social Services, Ministry of Environment and Urbanization, Ministry of Treasury and Finance and Ministry of Industry and Technology can be established within the structure of the Ministry of Interior to evaluate the citizenship applications.
In the special offices that will be established, the ones who apply to acquire the citizenship of Turkey will be attended in person and their proceedings will be finalized as soon as possible. The tracking of these offices and the process will be undertaken by a commission established within the structure of the Ministry of Interior. (HK/SD)
* Photograph: Anadolu Agency
