Investing In The Government Bonds
Investing in the government bonds is a very reliable investment and it can make easier citizenship procedures for foreigners who want become Turkish Citizen. According to new regulations published in the Offical Gazette on September 18, 2018, the foreigners determined by Capital Markets Board that have purchased government bonds at least in the amount of USD 500.000,00 on the condition to keep for 3 years may exceptionally acquire Turkish citizenship. Government Bond is a tool that government issues through certain institutions on the purpose of obtaining additional income and offered to investors. The reliability and the liquidity of them are high and their risk is low. Because of this, investors rely on and make investments to Government Bonds. In the determination of monetary values stated above, the effective selling rate of the Central Bank of Turkey at the date of determination shall be taken as basis, the foreigner who wants to obtain Turkish citizenship, shall acquire Turkish citizenship with the proposal of the Ministry of Treasury and Finance and the decision of the Council of Ministers.