The number of Turkish billionaires who have acquired Maltese citizenship through the country’s Individual Investor Program (IIP) continues to increase.
Previous reports revealed that members of the third generation of the Sabancı family, one of Turkey’s wealthiest families with 70 companies and about 65,000 employees from 15 countries, were granted Maltese citizenship in 2018.
On Forbes’ list of the 100 richest Turks is Sevda Gülçelik, the daughter of Vildan Gülçelik, who was one of the founders of the ENKA construction company.
The list of new Maltese citizens also includes the daughters of Feyyaz Berker, one of the founders of the Turkish Industry and Business Association (TÜSİAD), namely Meltem Berker and Nilgün Berker, as well as members of the Gülsan family, another famous Turkish family from the southeastern Gaziantep province.
A potential citizen can now obtain citizenship in Malta by investing $650,000 in the Mediterranean country, and about 65 members of Turkish billionaire families acquired the citizenship in 2019.
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