The main requirement is to deposit a minimum of $500,000 to banks that operate in Turkey, with the condition to keep such deposit for at least three years. A conformity certificate is needed. It is not required that such amount should be deposited to only one single bank that operates in Turkey. In this context, foreigner may deposit the money more than one bank operating in Turkey with the condition to keep such deposit at such bank for at least three years and the total deposited amounts should be equal to $500,000. It is essential to deposit such amount to banks that operate in Turkey. Therefore, it is not possible, for the purpose of Turkish citizenship application, to deposit to an bank abroad even if it is a branch office or association in Turkey. It is possible to change the currency or type of investment. In the event that a currency other than the U.S. dollar is deposited in the banks, the U.S. dollar equivalent at the date of the opening of the account shall be determined.
