In order to obtain the citizenship of foreigners in Turkey for the acquisition of immovable property at a value of $ 1 million, the limit was reduced by 75% to $ 250,000.
(2) The foreigner who satisfies any of the following conditions may acquire Turkish citizenship by the decision of the President under the clause (b) of the first paragraph of Article 12 of the Law:
a) determined by the Ministry of Industry and Technology where it has made a fixed capital investment of at least USD 500.000 or equivalent foreign currency or equivalent Turkish Lira;
b) The amount determined by the Ministry of Environment and Urbanization purchased by the Ministry of Environment and Urbanization on condition that the real estate is not sold for a period of three years at least USD 250.000 or equivalent to Turkish Lira amount.
c) The employment determined by the Ministry of Family, Labor and Social Services for which employment is at least 50 persons,
d) At least 500,000 US dollars or its equivalent in foreign currency or Turkish lira equivalent of the amount of deposits they must keep the deposit banks operating in Turkey for three years as determined by the Banking Regulation and Supervision Agency,
d) The amount determined by the Ministry of Treasury and Finance purchased by the Government to keep the government debt instruments for a period of three years at least USD 500.000 or equivalent.
e) The amount determined by the Capital Market Board, which is purchased by the Capital Markets Board with the condition of holding at least three years of real estate investment fund participation share or venture capital investment fund participation share in the amount of 500.000 US Dollars or equivalent.