Thanks to some recent changes in the legislation of the Turkish Republic, their newly opened citizenship program in 2016- Citizenship by Investment or turkish citizen investment has become one of the more attractive citizenship by investment programs available worldwide. It is relatively new, considering the first citizenship by investment program was launched in 1984; however, it has quickly gained popularity due to its very attractive features.
Here are some special points about the Turkish Citizenship by Investment program.
Despite many investors preferring to bypass Turkey and get dual citizenship directly into the EU, turkish citizen investment has been steadily gaining popularity with its treaties with USA and UK about easy visa application, and is in talks with EU about Visa-free travel in the future.
So, what do you get out of citizenship by investment with Turkey?
Since the dramatic price reduction, there has been 2600 main applicants (not including family or dependents) from various countries such as Iraq, Egypt, Palestine, Afghanistan and Pakistan. Turkey also has an advantageous central location; between Eastern Europe and Western Asia. That makes travel to other countries easier for businessmen.
There are three ways you can get into Turkish Citizenship by Investment program. You can put down either a bank deposit or a capital investment, which costs around $500,000 or invests in real estate, which is $250,000. The process works fast and can be expected to be completed in 3-6 months. Corporations like PWC Turkey have the means to help clients through the application process, as well as settling in the new citizens with all the required documents needed to function in Turkey.
Once you’ve gone through with the investment and have completed the application process, the turkish citizen investment can provide you and your family with some amazing benefits, such as-
A dual citizenship is a smart investment in today’s world as the benefits to having complete access to another country is endless. So, it is worth considering.
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