In 2018, Turkey greatly simplified the rules for obtaining citizenship for foreign investors.
The accelerated acquisition price of a Turkish passport is now $250,000, and special centers have been opened in Ankara and Istanbul to receive applications and assist investors wishing to obtain Turkish citizenship.

What are the advantages?

The investor's family (spouses and children under 18) have the right to citizenship on an equal basis with the applicant;
A citizen of any country, including a stateless person, can obtain a Turkish passport;
It is not necessary to declare income and assets;
You can pick up a new passport after 180 days, and dual citizenship is allowed;
An investor can apply for citizenship remotely by issuing a notarized power of attorney for a person representing his interests;
Holders of Turkish citizenship do not have to reside in Turkey;
A Turkish passport opens visa-free (or with a visa upon arrival) entry to 115 countries, including Singapore, Japan, and South Korea;
In many countries with a strict immigration policy (for example, in the UK), Turkish citizens are offered convenient business programs;
The holder of a Turkish passport can apply for an investor visa to the United States under program E.

How to invest to get a citizen status?

1). Buy residential or commercial property in the amount of more than 250,000 US dollars.

The catch is that for three years this property cannot be put up for sale. Another very important nuance: the cost of housing purchased will be evaluated by a sworn company to assess the value. The difference between the actual price and the conclusion of the appraisers can reach 20%.
Otherwise, this method has many advantages: for example, you can purchase several properties, and not one, after a three-year period the investor can resell their property, while not losing his citizenship. It is allowed to receive a rental income.

2). Transfer capital in the amount of more than 500,000 US dollars.

This means that the investor must open a deposit in a Turkish bank in cash, purchase government profitable bonds or invest in industrial or technological developments.

The downside is that all of the above investments are made for at least three years and must be officially confirmed.