Nestled cozily between Asia and Europe, Turkey is at the crossroads of historical cultures, influences, and great civilizations. This confluence of East and West makes Turkey a place unlike any other in terms of a welcoming, safe environment and endless business opportunities.
As a popular relocation destination, for temporary employment or permanent residence, Turkey is the go-to place for a wide array of opportunities for individuals planning to start business and enjoy a wonderful lifestyle all with a reasonably low cost of living.
Turkey citizenship by investment programs are gaining more and more popularity every day and it seems more profitable now more than ever to invest in Turkey. More than 1.1 million foreigners applied for Turkish residency by investing in Turkish citizenship real estate. With its natural harbors, crystal blue waters, wonderfully warm climate, and a low cost of living, a Turkish passport by investment program is the gift that keeps giving.
Immigration to Turkey by investment programs is actually fairly simple. In just 4 easy steps, you can enjoy all the advantages of a Turkey citizenship such as visa-free travel to 115 countries; visa-free access to 95% of south and central American countries; the option to relocate to the USA via E-1 and E2 visa programs, and an option to relocate to the UK with the ‘Ankara Agreement’ treaty. Just talk to our advisors, select the right investment option for you and your famıly, grant power of attorney to our lawyers so that we can start the application process for your Turkish citizenship and get your Turkish citizenship within two months of applying.
By far the most popular investment model for the Turkish citizenship program is to purchase property with a minimum value of $250,000. This minimum requirement can be bet through one or multiple investments giving you a wider range of options to choose from. At CIP our lawyers and consultants work together to find a variety of investment options, allowing you to choose the one that best suits you and your family.
Unlike other citizenship by investment programs in which you can only purchase government-approved property developments, in Turkey, you can freely invest in any property of your choice. Thanks to Turkey’s emerging economy, there is no restriction against buying in a high-growth area such as Istanbul. With a 40% devaluation against the US Dollar, you can easily find the perfect summer or inner-city real estate deals for a bargain price.
If you’re not planning to live in your new property, you’ll be happy to know that we offer an 8% rental guarantee for your real estate investments. The fact that there is no VAT for foreign real estate investors combined with the shortage of housing stock due to construction makes this the best time to invest in Turkey.
Other benefits of Turkey citizenship by investment program include the ability to bring spouses, children under 18 years old, and parents if they are dependent. Investors are not required to reside in Turkey for any period of time, making it possible to get a Turkey golden visa without moving. If you decide to move, there is no requirement to learn the Turkish language and after holding the property for at least 3 years, you can resell the property or hold for 5 years to avoid capital gains tax.
Once you have your Turkey investment visa (also known as Turkey golden visa), you can enjoy; affordable, world-class medical care, high-class education in Turkish universities that have gained reputation in Europe and endless business opportunities in a metropolis interconnected with the global economy due to its geographical location and outstanding infrastructure.
Turkish citizenship by investment in 2021 seems to be on the fast track to become the most popular citizenship by investment program. At CIP Turkey, we are feeling optimistic, as we are experiencing increased demand with both remote and touring clients, and it looks set to continue throughout 2021.
This year we have managed to further streamline the processing times for property acquisitions and citizenship applications, saving our clients time and money. To help handle the increasing volume of visiting clients, we are pleased to announce the opening of our new office in the center of Istanbul.