According to the new rules, the amount of fixed capital investments needed to get the Turkish citizenship has been reduced from $2 million to $500,000.
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In addition, foreigners owning real estate in Turkey worth $250,000 can now acquire the citizenship — the previous minimum was $1 million. The amount of money needed to be deposited in Turkish banks was slashed from $3 million to $500,000.
The requirements for foreigners who generate jobs in Turkey were also simplified, with the number of jobs needed to be created down to 50 from 100.