months. Citizenship can be acquired after a formal citizenship application along with an investment requirement, such as purchasing real estate worth at least $250,000, purchasing $500,000 worth of government bonds and holding them for at least three years or making a capital investment of at least $500,000, among other options. The relevant law governing the program was amended on 13 May 2022 to raise the capital requirements for real estate investment to $400,000 USD from the previous $250,000. Protections Turkey is part of the executive committee of UNHCR and a member state of the IOM. Conventions that are applicable in Turkey: United Nations Convention relating to the Status of Refugees, Convention relating to the Status of Stateless Persons, United Nations Convention on the Rights of the Child International Convention on the Protection of the Rights of All Migrant Workers and Members of Their Families Protocol to Prevent, Suppress and Punish Trafficking in Persons, Especially Women and Children Council of Europe Convention on Action against Trafficking in Human Beings Conventions that are not applicable in Turkey: International Labour Organization (ILO) Migration for Employment Convention United Nations Convention on the Reduction of Statelessness, Migrant Workers (Supplementary Provisions) Convention, 1975 Regulations see: Law on Foreigners and International Protection and the Temporary Protection Regulations on refugees, asylum seekers, transit migrants available from the website: Bi-and multi-lateral dialog Turkey was chair of the Global Forum on Migration and Development. Turkey hosted the World Humanitarian Summit in 2016. Turkey participates in bilateral migration negotiations, discussions and consultations, in particular with EU member states. Examples are: Budapest Process Prague Process Almaty Process Bali Process. Turkey and the EU have launched a dialogue on visas, mobility and migration. After the 2015 G20 Antalya summit held in November 2015 there was a new push forward in Turkey's European Union accession negotiations, including a goal of lifting the visa requirement for Turkish citizens travelling in the Schengen Area of the European Union. After the 2015 G20 Antalya summit, the EU welcomed the Turkey's commitment to accelerate the fulfilment of the Visa Roadmap benchmarks set forth by participating EU member states. A joint action plan was drafted with the European Commission which developed a roadmap with certain benchmarks for the elimination of the visa requirement. In May 2016, the European Commission said that Turkey had met most of the 72 criteria needed for a visa waiver, and it invited EU legislative