Turkish President Recep Tayyip Erdogan has ratified amendments to the law on granting citizenship, in order to simplify this process, Trend reports citing the Turkish newspaper “Resmi Gazete”.

Foreigners who invest $250,000 in Turkish economy will be able to obtain Turkish citizenship, the report said.

Earlier, this amount was $500,000.

From 2015 to August 9, 2018, 721,735 people received residence permits in Turkey. Foreign citizens who have permanent jobs in Turkey, who buy real estate and arrive in Turkey for study purposes, as well as those who create a family with a Turkish citizen can get residence permits in Turkey.