Advertorial Turkish Passport Through Citizenship-by-Investment Starts at USD 250,000

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Turkish Passport Through Citizenship-by-Investment Starts

at USD 250,000

 

 

Considering the increasing desire of people to grow their mobility possibilities, the world of Citizenship-by-Investment (CBI) is in constant evolution. In the last year or so, Europe has done nothing but follow this trend. New programs were launched to provide individuals around the globe with mobility options. New programs like Moldova (suspended since), Montenegro (October 2019) and the Turkish Citizenship by Investment (TCBI or Turkey CBI) programs have drawn attention to investors from everywhere with Turkey CBI being the most sought after, not only because it is a new – while already tested – program, but also because it is one of the quickest and cost-efficient programs granting citizenship in comparison to its current competitors. 

 

Providing access to travel to over 110 destinations visa free and enabling Turkish citizens to apply for the U.S. E-2 visa, the TCBI has seen a significant increase in popularity since its introduction by the Turkish Government with the amendments to the Turkish Citizenship Law in September 2018, where the minimum real estate investment for obtaining citizenship was reduced to USD 250,000. Indeed, according to a report from the Turkish Ministry of Interior’s General Directorate of Population and Citizenship Affairs, as of June 30th, 2019, a total of 981 main applicants from a large selection of countries, including Canada, U.S., China, Italy and Australia, were successfully granted the Turkish citizenship through investment in the country since the start in 2017.

 

Turkey CBI allows the investor’s spouse and children to qualify automatically. There is no requirement to reside in Turkey or speak Turkish. All applicants shall, among others, have a clean background and a clean criminal record, and never entered or stayed illegally in Turkey. The average processing time is from 3 to 6 months.

 

Why Turkey?

 

A country of sun and history, Turkey occupies a unique and strategic geographic position, lying partly in Asia and partly in Europe, it is also at the crossroad of Africa. It is among the largest countries of the region in terms of territory and population, and its land area is greater than the one of any other European state. Considering its geographical emplacement, Turkey is the closest country to Asia offering a Citizenship-by-Investment program.

 

In terms of mobility, the Turkish passport grants visa-free access to travel to over 110 destinations, including Japan, Hong Kong, Argentina, Brazil and over 25 African countries. It also provides ease of acquiring travel visas to the EU, U.S., Canada and Australia. Furthermore, the Turkish citizenship enables investors to apply for the U.S. E-2 visa limited only to certain countries’ nationals. Indeed, Turkey being one of about 82 countries maintaining a treaty of commerce and navigation with the U.S (a ‘‘treaty country’’) allowing their nationals to be admitted to the United States when investing a substantial amount of capital in a U.S. business. Turkey is also one of the few treaty countries offering a Citizenship-by-Investment program.

 

In 1987, Turkey applied to join what was then the European Economic Community, and in 1997 it was declared eligible to join the EU; accession negotiations started in 2005. More recently, on June 18th, 2019, the European General Affairs Council adopted conclusions on enlargement and stabilization and association process, covering Turkey. The conclusions were also endorsed by the European Council thereafter.

 

With roughly 80 million inhabitants, Turkey is a modern European country with a picturesque and diverse landscape. Ranked 43rd in the Ease of Doing Business index from The World Bank, Turkey is newly listed as a world-renowned medical tourism destination. While there is no requirement to reside in Turkey or speak Turkish for the citizenship program, as Turks have developed a global reputation of friendliness, being welcoming to strangers and putting emphasis on strong family values and friendship, a journey to Turkey would make a meaningful experience to anyone.

 

HLG, Asia’s Pioneer in Citizenship-by-Investment Programs

 

Established in 1992, HLG is one of the world’s leading investment immigration law firms to become an authorized agent duly representing all citizenship-by-investment programs.

 

Harvey Law Group (HLG) is a multinational law firm specializing in corporate law and investment immigration, with a worldwide reputation for representing high-profile clients and corporations. HLG was awarded the Immigration Law Firm of The Year at the Annual Macallan ALB Hong Kong Law Awards in 2014 and 2017. As Asia’s pioneer in investment immigration, HLG has notably been offering immigration services for over 28 years. 

 

HLG is headquartered in Hong Kong, with 21 offices worldwide including Thailand, Vietnam, Myanmar, Cambodia, Philippines, and more. Currently, HLG offers residency and citizenship-by-investment programs to 23 countries and counting.
 

For further inquiries or investment immigration program opportunities, please contact HLG Managing Partner, Mr. Bastien Trelcat, [email protected] or Ms. Krittiya Keeratiyut, Office Director [email protected]

Call +6626701848 or visit www.harveylawcorporation.com or FB: https://www.facebook.com/HLGThailand/ or YouTube: Harvey Law Group Global Official