Turkey, a romantic country spanning Eurasia, is a sought-after destination for global travelers and a preferred choice for investors planning their residency and citizenship! In the government gazette dated September 18, 2018, the Turkish government announced a reduction in the threshold for its Citizenship by Investment Program. The required real estate investment amount was lowered from $1 million to $250,000, a 75% reduction, and the required bank deposit amount was reduced from $3 million to $500,000, an 83% reduction. Since then, the Turkish Citizenship by Investment Program has become one of the most cost-effective citizenship programs on the market, quickly igniting the immigration industry and attracting significant attention from investors! So, what changes has the Turkish Citizenship by Investment Program brought about since the implementation of the new policy?
Surge in applications, nearly 1,000 approved
According to data recently released in the official government gazette by the General Directorate of Population and Citizenship Affairs of the Turkish Ministry of Interior, from the implementation of the new Turkish Citizenship by Investment policy until June 30, 2019, a total of 2,681 investor applications for Turkish citizenship were received. Among them, 981 main applicants have been granted Turkish citizenship. These approved applications come from numerous countries, including China, Russia, the United States, Canada, Australia, Italy, and Greece, while another 1,700 applicants are currently in the queue.
Real estate market is booming, foreign home sales surge
Since the implementation of the new Turkish Citizenship by Investment policy, Turkey's home sales performance to foreign investors has been on an upward trend. According to data from the Turkish Statistical Institute (Turk Stat), foreigners purchased over 24,000 homes from January to July this year, demonstrating the booming state of the Turkish real estate market. As a specialized promotion agency serving immigration intermediaries, Kosdromos has been commissioned by the Turkish government to promote the Turkish Citizenship by Investment Program in the Greater China region. Currently, Kosdromos is partnering with reputable Turkish developers to introduce various Turkish real estate projects to investors, such as Core Garden Istanbul, Edim Mansion, and Tianxi International. These projects are located in the European side of Istanbul, Turkey, and are currently among the most popular projects on the market!
To celebrate the 1st anniversary of the new policy, the Turkey Immigration Month event has been launched
To celebrate the first anniversary of the new Turkish Citizenship by Investment policy and to better promote the healthy development of the Turkish Citizenship by Investment Program in China, the Worldway Group, together with Kosdromos and 100 Chinese immigration agencies, jointly initiated the "Turkey Immigration Month" event. The press conference and launch ceremony for Turkey Immigration Month were successfully held in Beijing on August 30. Turkish Ambassador to China, Mr. Abdulkadir Emin Önen, Commercial Counselor of the Turkish Embassy in China, Mr. Sezgin Taşkın, and Secretary to the Turkish Ambassador to China, Mr. Ahmet Serhat TURAN, along with other officials from the Turkish Embassy in China, specially attended the "Turkey Immigration Month" press conference despite their busy schedules, showing high regard and strong support for the "Turkey Immigration Month" event!
Turkish Ambassador to China Mr. Abdulkadir Emin Önen (second from right), Commercial Counselor of the Turkish Embassy in China Mr. Sezgin Taşkın (first from right), and Secretary to the Turkish Ambassador to China Mr. Ahmet Serhat TURAN (third from right) attended the Turkey Immigration Month press conference
The Turkey Immigration Month event is of great significance
The successful holding of this Turkey Immigration Month event is a great opportunity for the Turkish government, immigration agencies, and investors. For the Turkish government, it allows for better and more effective promotion of Turkey, driving and facilitating the healthy development of the Turkish Citizenship by Investment Program. For Chinese investors, it provides a better understanding of the real Turkey, thereby helping them avoid risks and accurately grasp investment opportunities. For immigration agencies, it can effectively reduce promotion costs, promote the rapid development of the project, avoid vicious competition, and achieve a win-win situation.
As one of the top 500 Asian brands and one of the earliest immigration agencies to promote European property investment immigration projects, the Worldway Group, with a forward-looking vision, has partnered with reputable Turkish developers to introduce various Turkish real estate projects to investors, such as Core Garden Istanbul, Edim Mansion, and Tianxi International, which are located in the European side of Istanbul, Turkey, and are currently among the most popular projects on the market!
2019 Win-Win Project for Overseas Status + Overseas Property
European Side of Istanbul, Turkey
Purchase Property from $250,000
Obtain a Passport from a Major European Power, Turkey
1. Core Garden Istanbul
Collector's Item
Only one unit left, limited-time release
Pay in full before September 30, 2019
Enjoy a 12.5% discount on the property price
High floor, wide view
1+1 fully bright layout, three-sided lighting
Istanbul embassy district, safe and comfortable
Reasonable price, fast title transfer
Professional management, saving the trouble of rental gaps, rent collection, and maintenance
Meets the leasing standards of independent third-party large-scale multinational professional leasing companies
High-rise residential building in the business hub of the European side of Istanbul
Wide view, overlooking the beautiful scenery of Istanbul
Adjacent to two major CBDs, convenient transportation, within walking distance to the subway
Strong international community atmosphere, connected to large shopping centers
Finished, move-in ready property, fast title transfer
3. Edim Mansion
Property within the radiation circle of the Istanbul Canal
Large move-in ready property on the European side of Turkey, suitable for both investment and self-occupation
Rich educational resources, with international/public/private schools available
Subway property, located in a high-growth area with population planning
Neighboring shopping centers, city squares, and large parks
Friendly price, starting from $1,500 per square meter
Turkey is currently a major geographical, demographic, and economic power from Eurasia among countries with open citizenship programs, and it is also a major G20 country that has opened a low-priced investment passport program! For those who want to participate in the Turkish investment market, purchasing property of no less than $250,000 allows the whole family to obtain a passport from the major European power of Turkey, and the purchased property can be sold after three years! At the same time, for investors with needs, depositing the equivalent of $500,000 in a bank operating in Turkey for 3 years can also obtain a passport from Turkey, an EU candidate country! Meanwhile, holding a Turkish passport not only allows for applying for a US E2 visa to enter the United States, but also allows for applying for a Turkish business person visa and a Turkish worker visa to enter the UK, and meeting relevant conditions can also lead to benefits such as applying for permanent residency in the UK!
Currently, the Turkey Immigration Month event, which is highly anticipated and welcomed by investors, is in full swing! During the Turkey Immigration Month event, Worldway is promoting numerous Turkish immigration projects while hosting a series of rich and colorful activities covering education, investment, asset allocation, tax planning, policy analysis, immigration, and more! From September 1 to 30, there are major discounts on Turkish projects. New and old customers interested in applying for Turkish immigration, please seize the opportunity! For details, please consult: 400-138-2929
Some photos and content in this article are from the WeChat official account of the Turkey Immigration Center