TURKISH CITIZENSHIP

IMPORTANT NOTES

Please make sure that you get all necessary information regarding the latest practices from your consultant. The effective sell and/or exchange rate announced by the Turkish Central Bank on will be taken as basis in determining the specified equivalent values. The foreign currency amount is sold to a bank operating in Turkey, which in turn sells it to the Central Bank prior to closing the transaction. The Turkish Lira amounts obtained as a result of the selling transaction will be retained in Turkish Lira deposit accounts or government bonds/debt instruments in Turkish Lira for three years, depending on the type of investment. The implementation principles of these procedures are determined by the Turkish Central Bank.