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October 19
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Turkey has eased the requirements for getting Turkey’s citizenship for foreigners in order to encourage investment, Hurriyet Daily News reported.

The lower limit of fixed capital investments to acquire Turkish citizenship for foreigners has been reduced to $500,000 from $2 million.

If foreigners own real estate in Turkey worth a minimum of $250,000, instead of $1 million, they can claim for citizenship.

Foreign investors should hold the properties or continue the minimum limit of financial investments for at least three years to meet the criteria for Turkish citizenship.

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