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How to Protect Your Money When You Deposit Money at a Turkish Bank Account
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How to Protect Your Money When You Deposit Money at a Turkish Bank Account?

To get Turkish citizenship by investment, the money deposited at the bank must be converted to Turkish Lira with the exchange rate of Turkish Central bank and a certificate must be obtained in relation to this transaction.

If you want to get Turkish citizenship by depositing 500.000 USD or equivalent foreign currency at a Turkish bank account, you might worry about the value of your money due to exchange rate fluctuations in 3 years which is the time period that you cannot withdraw the money. For that you can protect your money with a “YUVAM” account. With this account will not be affected by the exchange rate differences with the guarantee of Turkish Central Bank. For details and the length of the guarantee, it is best to ask the bank you work with in Turkey…

Post Author: brc-yilmaz_admin

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