Vice adviser of the Turkish president Yassin
Aktay said that the Turkish government is considering a draft law to grant
Turkish nationality to those investing 250.000 $ in Turkey according to
Al-Jazeera.
A law granting Turkish nationality to
foreign investors, entered into force, following its publication in the official
Turkish newspaper, on 5 May 2017.
According to the current law, foreign
investors are required to have investments in Turkey in either real estate
investment funds or capital investment, at a value of at least 1 million and
1.5 million dollars respectively.
The foreign investor must maintain his
investment in one of the two funds for a period of 3 years, to obtain Turkish
nationality by a decision of the Prime Minister.
At the time, the President of the Association of Independent Businessmen and Industrialists, "Musiad", praised the government decision. "Every country is seeking to attract more investors, and some European countries are giving their nationality for less investment.
He added that Turkey "chose to reduce the minimum value of the investment in this framework, and I think it is a correct decision."