Turkey, a romantic country spanning both Europe and Asia, is one of the most promising countries in Eurasia as a candidate for European Union membership. In recent years, Turkey's economy has developed rapidly, its investment environment has been continuously improving, and it is increasingly favored by foreign investors. With the implementation of the new, highly favorable policies for the Turkish citizenship-by-investment program, Turkey is ushering in a new wave of capital interest.
So, what is attracting so many high-net-worth individuals to choose Turkey? And what benefits can a Turkish passport bring them? WorldWay experts state that as a golden key to many world powers, a Turkish passport not only allows for the rapid processing of an E-2 visa for travel to the United States, but in fact, Turkish passport holders can also relocate to the UK for business and apply for permanent residency! Below, WorldWay will decode the new application of the Turkish passport for fast-tracking to the UK!
Legal Basis for Turkish Passport Holders to Apply for UK Permanent Residency
There is a historical and legal basis for the convenience with which Turkish nationals can apply for UK residency status. According to the 1963 "Ankara Agreement" between Turkey and the European Economic Community, Turkish citizens can legally apply for Turkish businessperson visas and Turkish worker visas.
In 1973, the UK became a signatory to the European Community Association Agreement (ECAA). Under the ECAA commitments, the UK provides specialized residency categories for Turkish nationals. On July 6, 2018, the UK amended its immigration laws, stipulating that those with Turkish nationality could work or conduct business in the UK, and that after residing in the UK for five years and meeting certain conditions, the primary applicant and their entire family could apply for permanent residency. In other words, ECAA businesspeople and workers, along with their families, are eligible to apply for UK permanent residency.
Advantages of Applying for UK Permanent Residency with a Turkish Passport
Currently, using Turkish status to apply for permanent residency in the UK offers numerous unique advantages and is highly popular among immigration investors!
When a primary applicant holding a Turkish passport applies for a UK business or work visa for the first time, they may bring children under the age of 21. This is a clear advantage when compared to the provisions of all other UK immigration categories. For example, if a primary applicant has a 20-year-old child currently studying in the UK, under all current global immigration categories, this child might not necessarily be able to accompany their parents in a visa application, but a Turkish passport makes this possible.
At the same time, the application conditions for the Turkish businessperson visa and the Turkish worker visa are simple, with no requirements regarding education, language, or age. WorldWay experts note that the Turkish passport is especially suitable for applicants who genuinely intend to conduct business in the UK and for families whose children are studying in the UK. Children can attend local public schools for free, enjoy abundant educational resources that align with Western standards, and follow a simpler process for applying to prominent international universities.
It is worth mentioning that children can also legally work in the UK under the primary applicant's status and subsequently apply for their own Turkish worker visa, thus achieving a "curve-saving" method to work in the UK. All in all, a Turkish passport serves as a stepping stone to UK citizenship, is a highly cost-effective shortcut for immigration, and represents a rare opportunity.
Surging Number of Turkish Passport Applications; Invest Sooner Rather Than Later
According to data published in the official Turkish government gazette, since the implementation of the new Turkish investment-based citizenship policy last September, as of June 30, 2019, more than 1,000 primary applicants have obtained Turkish citizenship through investment, with another 1,700 applicants waiting in line! This includes applicants from the United States, Canada, China, Russia, Italy, Australia, and other countries. Beyond Turkey's neighbors, the number of investors from the UK, Greece, and other countries—who are expected to become the largest sources of applicants for the Turkish investment citizenship program—is increasing, which fully illustrates the immense appeal of Turkish citizenship to global immigration investors.
The above signs all indicate that Turkey is a land of opportunity for European value investment! Under the new act, the Turkish passport program is unmatched in its destination country profile while having the lowest investment amount among all real estate investment immigration programs. By positioning oneself in the European market at a lower entry point, one can also capture the appreciation gains of high-value real estate, effectively seizing the best investment opportunity!
WorldWay experts state that currently, by purchasing property in Turkey for as little as $250,000 (which can be sold after 3 years), one can quickly obtain a passport from a major European-Asian power, enjoying multiple benefits including real estate investment + UK permanent residency + fast access to the US, an opportunity not to be missed! Meanwhile, with both the onshore and offshore RMB exchange rates against the US dollar breaching 7, Turkish real estate stands out as a rare asset denominated in US dollars, helping investors better achieve favorable global asset allocation!
Currently, another heavyweight masterpiece resulting from the strengthened partnership between WorldWay Group and a powerful Turkish developer—the Eden Mansion project—is located in the business core area irradiated by the new Istanbul International Airport, making it one of the better investment choices in the current market!
Big News
A 2019 win-win project for overseas status + real estate investment
Speedy investment to obtain a Turkish passport to a major European-Asian power
A convenient path toward UK immigration
▼▼▼
Turkey Eden Mansion
Nearly 200㎡ finished, ready-to-move-in apartments, only $1,500/㎡, includes a private parking space
High-end real estate within the Istanbul Canal radiation circle
Abundant educational resources, including international, public, and private schools
Metro-side property, located in a high-growth population zone
Adjacent to shopping centers, city plazas, and large parks
Turkey is currently the only geographically, demographically, and economically significant power from the Eurasian continent among countries with open, rapid citizenship programs. It is also the only G20 country offering a low-cost, fast-track citizenship program! For those who wish to participate in the Turkish investment market, one only needs to invest at least $250,000 in real estate or $500,000 in a bank deposit to receive a Turkish passport for the entire family!
Unique Advantages of the Turkish Passport Program
1. One-step, direct acquisition of a passport, with visa-free or visa-on-arrival access to 111 countries and regions worldwide
2. High cost-performance ratio; it is currently one of the lowest-priced citizenship programs on the market
3. Rapid approval, with no residency requirements ("immigration prison")
4. Eligible for US E-1 and E-2 visas, enabling fast entry into the United States
5. Customs Union with the EU, and bilateral trade agreements signed with many neighboring countries in Europe, Asia, and Africa, which is highly advantageous for business
6. Turkey is an EU candidate, with a stated goal to join the European Union within the next 5 years
7. Low property prices present a great investment opportunity, with a short investment cycle; property can be sold after 3 years
8. It is currently the only geographically, demographically, and economically significant power from the Eurasian continent among open rapid citizenship programs, and the only G20 country offering a low-cost, fast-track passport program
A great 2019 win-win project for overseas status + real estate investment; opportunity waits for no one, scarce properties are available first-come, first-served! For details, please call 400-138-2929
The copyright of this article belongs to WorldWay Group. If you need to reprint, link, repost, or reproduce this article in any other way, please be sure to indicate that the copyright comes from WorldWay Group; violators will be held legally liable. The information or views in this article are for reference only.