Turkey offering citizenship

People who invest in Turkey, including purchasing properties worth $1m or making 100 occupations, will be offered citizenship.

The sale of properties to foreigners saw a 19 percent decrease in the first 11 months of 2016 [EPA]
Turkey has changed its law to offer citizenship to outsiders who buy property worth at least $1m in the country.

The decree on the changes published in Turkey’s Official Gazette on Thursday also grants citizenship to foreigners who make a fixed capital investment of at least $2m, keep at least $3m in a bank account for at least three years or create at least 100 jobs in the country.

Ugur Civelek, a Turkish business analyst and reporter, said the progressions mostly looked to build property deals, a critical part of the Turkish economy and a budgetary division experiencing abundance supply.