Owing to a legislative change on Article 20 of the Regulation on the Implementation of the Law on Turkish Citizenship (No:5901), a new acquisition type of Turkish citizenship enters into force. When foreigners deposit at least USD 500.000 or equivalent foreign currency or Turkish lira in the private pension system with the condition of holding this fund for three years, as attested by Insurance and Private Pension Regulation and Supervision Agency, they may gain Turkish citizenship.The relevant page of the Gazette is available online here: https://www.resmigazete.gov.tr/eskiler/2022/05/20220513-20.pdf
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Pi Legal Consultancy is a legal & business consulting international law firm in Turkey. We have four offices based in İstanbul, Ankara and Batman. We also enjoy solution partners and lawyers based in most European Countries, Canada and the United States. We offer legal consultancy and advocacy in key legal areas, among others, international trade, law of obligations, citizenship, healthcare, real estate, corporate governance, banking and finance. Based on a detailed overview of our client profiles and our service quality together with our marketing and branding efforts, we have been recently chosen by the London-based Prestige Awards Group as the international law firm of 2022/2023. Currently, we provide legal and business consultancy to leading French, Canadian, Norway, Dubai, Denmark, Israel, Switzerland, Netherlands, British, American, Kuwait companies and the Ministry of Health of Kuwait. We have also created a great collaboration with the Embassy of Saudi Arabia and the United Kingdom. We also offer legal consultancy and representation service to the foreigners, working or living in and outside Turkey.