The Turkey Citizenship by Investment (CBI) program first started in 2017 and has become very popular amongst second passport seekers. In this article, we will discuss 10 reasons why investing in the Turkish CBI program is a great opportunity for many investors.
1. Affordable Options
The Turkish residency by investment program is among the most affordable programs available, starting at $250,000 in real estate acquisitions. The residency has to be renewed annually. This price means that it is accessible to a large range of investors. While other options lead to citizenship, i.e. $450,000 investment in property.
2. Diverse Investment Avenues
Applicants can select from several financial investment alternatives such as purchasing property, government bonds, investing in banks, as well as financial investments in Turkish business in order to create jobs. This variety enables people to pick a financial investment route that aligns with their financial objectives and personal preferences.
3. Quick Process Time
The application procedure for acquiring Turkish citizenship is very reliable, normally taking between 3 to 6 months. This rapid processing time is a substantial benefit compared to numerous other nations’ citizenship by investment programs where waiting time can be much longer.
4. Visa-Free Travel
Once you obtain a Turkish passport by investment, it allows for visa-free or visa-on-arrival accessibility to over 110 countries, consisting of very highly sought-after destinations in Europe as well as Asia. This advantage improves global mobility for business people as well as their families.
5. Dual Citizenship
Turkey will allow you to keep your original citizenship, while you enjoy the advantages of Turkish citizenship. This attribute is essential for people who want to preserve their connection to their homeland while discovering brand-new opportunities abroad.
6. Access to E-2 Investor Visa
Turkish people can request an E-2 Investor Visa in the United States after living in Turkey for three years. This visa enables individuals along with their family to work and reside in the U.S., opening doors to better financial opportunity and security.
7. Growing Real Estate Market
Investing in Turkey’s real estate is a lucrative proposition. The market is very resilient and has shown a lot of growth, especially in cities like Istanbul and Ankara where the property values are expected to double within 5 to 10 years. Meaning that by investing in a Turkish citizenship by investment program you not only get a second citizenship but you also get a tangible asset with a high return on investment.
8. Solid Economic Environment
The Turkish economy is currently ranked as the 11th largest in the world based on purchasing power parity. The fact that the country is strategically located at the crossroads of Europe and Asia only enhances its power as a business hub and that’s why it attracts investments across various sectors.
9. Social Richness Plus Quality of Life
Aside from the financial and economic aspects, Turkey also has diverse lifestyle options and a very rich cultural heritage. Investors who come here would enjoy a high standard of living, get access to quality healthcare, and quality education, and also find themselves immersed in a unique blend of Eastern and the Western cultures.
10. Long-Term Family Benefits
Once you obtain Turkish citizenship it extends not only to the individual but to their family members as well. It can include spouses and dependent children. The benefits you achieve through citizenship will be passed down to generations to ensure the future members of your family benefit from the Turkish economy, culture and beautiful lifestyle.
Conclusion
The Turkish citizenship by investment program is efficient, and affordable, has diverse investment options and holds numerous other benefits. If you are an investor seeking second citizenship that will provide both financial gain, long-term security and a beautiful lifestyle, Turkey is a great option for you.