There are no restrictions for Russian investors in the Turkish citizenship by investment program. In the first step, the investor sells USD 500,000 of foreign currency to the Central Bank of the Republic of Turkey through a bank operating in Turkey. This bank issues a Currency Exchange Document on behalf of the investor. As a second step; in exchange for Turkish lira written in the Currency Exchange Document, foreign investors will buy real estate investment fund shares or venture capital investment fund shares. If the investor and his/her family, who acquired Turkish citizenship through investment, use the Turkish passport, they will be treated as Turkish citizens.
