Turkish naturalization program in 2019

Although Turkey experienced an economic collapse in 2018, there is no sign of a slowdown in the rise in Turkish house prices.

Today, about 200,000 people move to Istanbul each year, most of them young professionals who come to work in Istanbul. They have higher requirements for the quality of real estate, and gyms, swimming pools, shops, subways and other supporting facilities must be complete.

In 5 years, house prices in Turkey are expected to increase by another 30%.

 

Now that the real estate prices in Istanbul are depreciated by the Turkish lira's exchange rate in 18 years, the price of the entire real estate market is at least 50% lower than 18 years ago.

Just like the major cities such as Athens, Lisbon, Barcelona and other real estate investment immigrants after the 2008 subprime mortgage crisis, house prices are expected to soar in about 4 years.

According to data from local Turkish intermediaries, the real estate rent-to-sales ratio in Istanbul is 4%, especially for short-term rental hotel apartments, which will nearly double the revenue performance. Turkish real estate investment potential is high and rental returns are high.

 

At the same time, as an important member of the “Belt and Road”, Turkey has attracted investment from all over the world with its ambitious infrastructure development plan, sound and effective banking supervision system, and a steadily growing macroeconomic environment.

Among them, Chinese companies investing in Turkey alone have a total investment of US $ 2.2 billion. Alibaba, China's largest e-commerce platform, has invested at least $ 750 million in Turkey's largest e-commerce platform, Trendyol. China Life Insurance and China Merchants Group are also negotiating to acquire Turkey's infrastructure, energy, mining, retail and insurance industries.

A shining star in immigration

 

Policy introduction

• In May 2017, the Turkish government launched a landmark citizenship program to promote foreign investment.

• The program provides eligibility for Turkish citizenship for foreigners who purchase real estate or carry capital above a certain threshold. The most significant feature of the plan is that investors can acquire Turkish citizenship without having to live in Turkey.

• In September 2018, the government significantly lowered the investment threshold, reducing the amount of investment from $ 1 million to $ 250,000, making it the most attractive citizen project in the world to date.

The data shows that many new immigrants from Turkey come from China, Germany, France, Ireland, Austria, Belgium, etc., all over the world, and their popularity is evident! According to HSBC ’s “Global Migration Report 2019”, Turkey ranks seventh, ahead of Germany. The annual survey collected data from 18,059 overseas workers in 163 locations.

Turkish passport

 

Turkish passport

What are the core advantages?

 

01 Springboard to enter the United States quickly-E-2 visa

For investors who need to travel to the United States quickly, the uniqueness of the Turkish passport is here. Turkish citizens are eligible to apply for a U.S. E-2 visa (under an agreement between the U.S. and the Turkish government). The U.S. E2 visa, also known as the Allied Investor Visa, was issued after the immigration and nationality law was passed in 1952. It is a temporary non-immigrant work visa set up for citizens who invest in the United States and have trade and navigation treaties with the United States .

 

According to statistics, about 500-600 E2 visas come from Turkish passport holders each year, which proves that the Turkish passport project is extremely popular with investors.

Advantages of E2 visa

☑ Efficient processing, US E-2 visa usually takes 3 months

☑ Investors can bring spouse and dependent children under 21 years of age

☑ Investor's spouse can apply for employment anywhere in the United States

☑ Investor's dependent children can study anywhere in the U.S.

☑ Investors and their families can stay in the U.S. without taxing global income

☑ As long as business activities continue to meet relevant requirements, investors can renew the US E-2 visa and stay in the United States

02 Application for Fast Track to Permanent Residence in the UK

Turkish citizenship has historical origins and legal grounds to facilitate the application for British status. According to the Ankara Agreement between Turkey and the European Economic Community in 1963, Turkish citizens can apply for a Turkish business visa and a Turkish staff visa in accordance with the law.

 

 

In 1973, the United Kingdom became a signatory to the European Community Association Agreement (ECAA). According to the European Community Association agreement, the United Kingdom will provide customized residence categories for Turkish nationals.

On July 6, 2018, the United Kingdom amended the immigration law to provide that Turkish nationals can work or do business in the United Kingdom and have lived in the United Kingdom for 5 years. After certain conditions are met, the main applicant and the entire family can apply for permanent residence in the United Kingdom. In other words, ECAA business people and ECAA staff and their families can apply for permanent residence in the UK.

This is the legal source that a Turkish passport can now apply for permanent residence in the UK.

 

The main applicant for a Turkish passport can bring a child under 21 when applying for a UK business or work visa for the first time. For example, the main applicant has a 20-year-old child studying in the United Kingdom. In all immigration categories around the world, this child may not be able to apply for a British visa with his parents, but a Turkish passport can do so.