210 foreign investors apply for Turkish citizenship
A total of 210 fore gn nvestors have appl ed for Turk sh c t zensh p after the country eased the process, the nter or m n ster sa d on November 1. Speak ng to Anadolu Agency follow ng h s v s t to Prov nc al D rectorate of M grat on Management n Ankara, Suleyman Soylu sa d: “On October 22, f rst efforts started for test ng. Up to October 30, 210 appl cat ons were made n Istanbul and Ankara.” Turkey reduced the requ rements for fore gners to acqu re Turk sh c t zensh p to encourage nvestment w th the new regulat ons publ shed n the country’s Off c al Gazette on Sept. 19. In October, the nter or m n stry had announced that t would open serv ce off ces to ease c t zensh p or long-term res dence perm t procedures for fore gn nvestors. Fore gners, who want to be a c t zen of Turkey, need to make an nvestment of $500,000, buy real estate worth $250,000 or create jobs for at least 50 people. Once the nvestors apply for c t zensh p v a the spec al off ces the r procedures would be completed n 45 days.