Top Hidden Benefits of Turkish Citizenship by Investment
Turkish Citizenship by Investment has seen extraordinary demand since its launch in 2017 through its investment program. More than seven people have obtain Turkish passports through investment and now the number will increase.
This article highlights the benefits that most of these people want to get by Turkish Citizenship by Investment, but it is not clear if a Turk can change your life completely, I will emphasize some of the benefits. Which is not, but first I will offer a brief overview of Turkey CIP.
Turkish Citizenship by Investment Overview
The Turkish government introduce the Turkish Citizenship by Investment in 2017, which reduce the minimum investment require to acquire citizenship in 2018. The minimum standard for real estate options. Which is very popular among investors around the world. Has dropped to less than 1 million. ,000 250,000. Plan A, Plan B and Plan C are also recommend.
Why does everyone need a second citizenship?
Reasonable prices are not the only attraction of the program. Because of the fast schedule and simplicity it can help a lot in making a popular choice among many investors. Depending on the efficiency and simplicity of the Turkish Citizenship by Investment, you need to do the following:
- Make the right investment
- Apply for permanent residency
- Apply for citizenship
The whole process takes 3-6 months and requires minimal paperwork. Investors can add their spouses and children under the age of 18 to the application.
Important benefits of Turkish Citizenship by Investment
Turkish Citizenship by Investment is a big consideration, but it has long-term benefits that attract celebrities from all over the world. There are many benefits to becoming a Turkish citizen. Here are some of the most popular or well-known benefits of being a full-fledge Turkish.
Improving global mobility
Traveling around the globe is a daunting task due to the complex visa requirements. And a second passport can help solve this problem. Turkish Citizenship by Investment offers visa-free travel to 111 destinations around the world, including Hong Kong, Japan, Singapore, Qatar and many other major business centers around the world.
Simple program
We talk about the simplicity of the Turkish Citizenship by Investment process. But the clarification of the program is very effective even if we explain it in detail. An entire document checklist can be less than one page. But you can handle the entire process remotely by hiring a company to act on your behalf. Another important point is that investing is very safe. And if you choose to invest in real estate then. You naturally have clear assets that are at risk.
To pass on to future generations
Many investors pursue citizenship through investment programs for future generations, not for themselves. Turkish passport by Investment has improve in this area. And under Turkish law and citizenship law. Turkish citizenship is essentially pass onto future generations. Turkish Citizenship by Investment is an investment that will bring lasting benefits to you and your future generations.
High standard of living
An important part of the investment citizenship is that the country is classified as a Plan B. Or potential new home and Turkey will check all the boxes. High quality healthcare infrastructure, live e-commerce landscape. Affordable living conditions, comfortable and diverse climate, good food, high speed internet. Many activities, and high standard of living must be consider before settling In other countries.
Hidden benefits of Turkish passports
In describing the main benefits of Turkey, which are obvious to many. I would like to explain the little known benefits that have prove to be very useful.
E2 visa
There are many popular immigration routes in the United States. Including popular lottery tickets, expensive EB5 visas, and the toughest H1 visas. None of this is readily available and EB5 is not economically viable for most people.
However, there is a special visa, the USE2 Convention Visa. This is a regular visa that allows you to set up. A business on the US coast in the United States. And to live and work with a woman or child under the age of 21.
No minimum investment is require and processing time is 3 months. But it can be reduce to 3 weeks with minimal fee. However, this is a contract visa. It is only available to certain citizens, but fortunately Turkish citizenship is include in the list.
Not only can Turks benefit from this expensive route to the United States. But the visas they have obtain are also valid. Turkish nationals receive multiple E2 visas for multiple entry in 5 years. For example, other eligible citizens, such as Egyptians and Jordanians, receive a one-year single entry E2 visa.
Strong ties with the European Union
Relations between Turkey and the European Union can be describe in many ways. But everyone agrees that growth and trade growth have strengthen those ties. Turks can apply for a long-term Schengen visa and have a useful tool for immigration to a particular country.
Take Holland as a good example. There are many immigration routes in EU countries. The most popular of which are self-employment visas. Which result in permanent residency and citizenship in the Netherlands. However, regardless of whether you are a Turkish citizen. You must go through a strict point system to obtain this visa.
Turks are exclude from the pointing system and immigration. To Turks is much easier than for other non-EU citizens. So they must meet the initial application criteria.
Economic benefits
Turkey’s economy continues to grow. The average annual GDP growth over the last five years was 3.84%. By comparison, UK GDP fell by an average of -1% over the same period. These figures are taken into account in the implementation of Turkey’s plans and economic growth plans.
The Turkish real estate market is also booming due to the Turkish Citizenship by Investment, and real estate prices in Istanbul, a popular investment destination, are skyrocketing. The Turkish housing market is growing rapidly, reaching an annual growth rate of 16.2%. And by the end of the year, the Turkish economy will have two major developments and will continue to improve. The first is the termination of the Lawson Agreement, which has tied Turkey’s economic power for the last 100 years. The second comes in the form of energy, as Turkey has recently discover. Huge gas reserves in the Black Sea and should be exploit by 2023.
Upcoming opportunities
At least the possibilities are endless. Turkey is constantly evolving, growing and looking for the next big thing. It seems that the new agreements between Turkey and Britain on the implementation of the Turkish Citizenship by Investment are increasing day by day. This Agreement, which end with Britain’s withdrawal from the European Union. Improve trade between the two countries and allow Turks to enter Britain through their immigrants.
Turkey is trying to allow its citizens access to the Schengen area without a visa. Making their passports one of the best in the world. And that’s not all. While technological advances seem imminent. The idea that oil and gas will become Turkey’s largest industry is on par with the world’s major economies.
All these speculations remain, but the scientific assumptions are still good, but there is one thing for sure. Turkey continues to surprise everyone.
How to get Turkish citizenship
Turkish Citizenship by Investment has many advantages, some of which are popular and some of which are hidden gems. Investing in Turkish citizenship will pay off in many ways and for countless generations.
Turkish Passport by Investment knows how useful Turkish citizenship is, so we are dedicate to learning the intricacies of CIP. We offer a comprehensive store to find the right investment for you. Submit your application and give you a new passport. We’ve complete the process to make your trip not only easier. And more enjoyable, but also more rewarding in the long run.