Turkey Citizenship By Investment

Turkey is known for a lifestyle that fuses the elegance of European living and the opulence of Asian cultures elevated to immense comfort thanks to its Mediterranean climate. With direct access to Asia and Europe, it is popular with Is thanks to a modern infrastructure and a variety of opulent lifestyles that satisfy even the most discerning tastes. Simply stated, Turkey is where millionaires live like billionaires.

Though not yet a member of the EU, the value provided by the Turkish CIP is that of the EU programs, and its minimum investment threshold reflects this fact. The Turkish citizenship programs provides some flexibility by way of investment channels, but the required minimum investment begins at $400,000. Compared to other citizenship by investment programs, the real estate investment option for Turkey is considered among the best, as it is open to both commercial and residential properties and only requires a 3-year hold.

As a country, Turkey is very modern and nurtures innovation and focuses heavily on manufacturing and tourism. Turkey is also one of the most important economies in Europe and in the world – ranked the 11th largest global economy. In the realm of cryptocurrency, Turkey is considered the fourth-largest crypto-trading country in the world and ranks 12th in crypto adoption.

Turkey has, officially, been a candidate for EU membership since 1995. However, those talks stalled in 2016 and have not yet been revived to a point of producing any significant forward mobility. The EU is actively seeking eastward expansion and has stated that its still maintains interest in Turkey’s accession. The EU has taken steps to normalize travel and migration between the two regions.

Turkey has no restrictions on dual citizenship or even multiple citizenships. Turkey values privacy and confidentiality – and as many countries do not legally require citizens to report the fact they hold alternative citizenships [including: the US, Canada, Australia, and the UK] this helps to preserve the privacy of entrepreneurs, investors, and families.

According to the Organization for Economic Cooperation and Development (OECD), Turkey possesses one of the most favorable liberal tax climates for attracting and nurturing Foreign Direct Investment (FDI) – which is the category of investment that the Turkish CIP falls into. Further, the Turkish tax climate is territorial-based, exempting most foreign-generated income – such as foreign dividends and capital gains. And the Turkish government maintains and regularly updates an extensive number of tax incentives for businesses.

There are no requirements for physical residency in Turkey before, during, or after submitting your Turkish CIP application. There are also no language requirements to be met. By partnering with Astons, the entire process can be completed remotely, including the passport process after the Turkish citizenship program finalizes.

The Turkey Plan B strategy is unique. The Turkish economy is among the most globally significant and provides incredible conversion value for USD, Euros, and Pounds – allowing entrepreneurs, investors, and families to stockpile an astonishing amount of spending power via a relatively small deposit. The country has accessibility to the EU and Asian markets, and a government that refrains from actively engaging in global events that do not directly benefit its people – while maintaining alliances with NATO, the Council of Europe, and the United States.