Since the Turkish government announced the lowering of the threshold for Turkish citizenship on September 19, 2018, by reducing the required real estate investment amount from $1 million to $250,000, the Turkish passport program has become one of the most competitively priced citizenship-by-investment programs on the market, highly sought after by numerous investors! In fact, behind the rapid surge in Turkey's investment immigration trend, its investment appeal goes far beyond this!
According to a report by the Daily News, a research report by the world-renowned firm Ernst & Young shows that Turkey ranks 2nd in the ranking of Europe's most attractive real estate markets! The report points out that Turkish real estate investors unanimously believe that the Turkish real estate market has strong appeal and are optimistic about future development trends, with 75% of those surveyed predicting that transaction volume and scale will continue to rise!
Meanwhile, WorldWay Group has obtained the latest data from the internationally renowned real estate information network REIDIN. In January 2019, the residential sales prices in 81 cities in Turkey increased by 4.60% year-on-year compared to the same period in 2018! Another set of the latest data shows that in January 2019, residential rental prices in 81 cities in Turkey increased by 4.63% year-on-year compared to the same period in 2018!
In the first 6 months of 2018, the number of foreign buyers of Turkish real estate increased by 23% year-on-year, with nearly 12,000 homes sold to foreigners nationwide! According to the final annual results released by the Turkish Statistical Institute (TURKSTAT), in 2018, foreigners purchased properties worth more than $4.6 billion, totaling over 22,000 homes! This fact indicates that Turkey remains one of the popular overseas destinations for real estate investors!
It is worth mentioning that since 2013, the number of Turkish properties sold to international buyers has doubled! International institutions predict that the number of foreign buyers in Turkish real estate is expected to continue its upward trend in 2019! For investors, 2019 is bound to be an exciting year for the Turkish real estate market.
In recent years, as one of the world's fastest-growing economies, Turkey has enjoyed the reputation of a "new diamond country" in the international community, with rapid economic development and huge potential! Turkey's average annual GDP growth from 2003 to 2016 reached 5.6%, and its GDP growth rate in 2017 was as high as 7.9%, ranking first among the G20! Bloomberg, the world's largest financial news company, stated in 2018 that Turkey is an emerging market very worthy of attention! By 2020, Turkey's total economic volume will join the trillion-dollar club, ranking among the top ten alongside other economies such as the United States, China, Russia, and India!
Most excitingly, Turkey is currently the only major geographical, demographic, and economic power from Eurasia among countries offering fast-track citizenship programs, and it is also the only major G20 country offering a low-cost fast-track passport program. Investors only need to invest no less than $250,000 in real estate or deposit $500,000, and their entire family can quickly obtain a passport from Turkey, an EU candidate country. The investment value is self-evident!
Unique Advantages of the Turkish Passport Program:
1. Obtain a passport in one step, with visa-free or visa-on-arrival access to 111 countries and regions worldwide
2. High cost-effectiveness; it is currently one of the lowest-priced citizenship-by-investment programs on the market
3. Fast approval, with no immigration supervision and no residency requirements
4. Eligible to apply for U.S. E1 and E2 visas, enabling quick entry to the United States
5. Customs union with the EU, and bilateral trade agreements signed with many surrounding countries in Europe, Asia, and Africa, which is highly beneficial for business
6. Turkey is an EU candidate country with a clear goal of joining the EU within the next 5 years
7. Real estate prices are at a low point, making it a good time to invest, and the investment cycle is short, with properties eligible for sale after 3 years
8. It is the only major geographical, demographic, and economic power from Eurasia among current fast-track citizenship programs, and the only major G20 country offering a low-cost fast-track passport program
As one of the Top 500 Asian Brands and a leading investment immigration institution, WorldWay Group, as a pioneer in European investment immigration, maintains a good interactive relationship with the Turkish government and is your best choice for processing a Turkish passport.
Event Preview: Great news! To meet the enthusiasm of numerous investors, WorldWay Group will soon hold official launch events for the Turkish passport program in Shanghai, Beijing, Qingdao, Shenzhen, and Guangzhou. Senior Turkish government officials will attend in person to analyze Turkey from multiple perspectives and dimensions. Opportunities are rare and seats are limited, so please book as soon as possible!
Warm reminder: The official launch event for the Turkish passport program is by reservation only. Seats are limited, so book early! VIP seat reservation hotline: 400-138-2929.