On 14th July, in his blog, Kenneth Rijock reported on Turkey’s Citizenship Through Investment (CBI) programme and the substantial reduction in the amount of capital required to acquire Turkish citizenship and passport, from the original $2,000,000 to a $500,00 deposit, or $250,00 to be invested in real estate. The overwhelming majority of applicants are from high-risk countries in the Middle East. An infographic shows that the most recent group of applications, according to statistics provided by the Interior Ministry were made by nationals from a number of neighbouring countries, which the majority from Iran.
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