Turkey, a romantic nation spanning Eurasia, is a dream investment destination for countless investors! The recent release of the "Top 10 Immigration Events of 2019" has sparked widespread attention from domestic and international media and the industry. Turkey's Citizenship by Investment Program heated up rapidly in 2019, becoming one of the two major European immigration hotspots alongside Greece, and was named one of the "Top 10 Immigration Events of 2019"!
Since the Turkish government announced the lowering of the threshold for its Citizenship by Investment Program, reducing the real estate investment amount from $1 million to $250,000, the program has quickly climbed the trending lists in the immigration sector, sparking unprecedented discussion. In April 2019, the "Official Launch of Turkey's Citizenship by Investment Program and China Inauguration Ceremony" was held in China, marking the official entry of the program into the Chinese market! Since then, Turkey's Citizenship by Investment Program has swept through the immigration industry with lightning speed, becoming another popular choice for investors' 2019 identity planning and attracting significant market interest!
So, what changes have occurred in Turkey's Citizenship by Investment Program since 2019? Why was this program selected as one of the Top 10 Immigration Events of 2019? Below, WorldWay analyzes the reasons for the program's rapid and strong surge in popularity from a big data perspective!
Since the implementation of the new policy, nearly 10,000 foreigners have obtained Turkish citizenship
According to official data released by the General Directorate of Population and Citizenship Affairs of the Turkish Ministry of Interior, since the implementation of the new Citizenship by Investment policy, as of the first three quarters of 2019, 2,611 main applicants and their 7,351 family members have obtained Turkish citizenship. In other words, a total of 9,962 foreigners have acquired Turkish citizenship through the program.
Notably, as of June 30, 2019, a total of 981 main applicants had obtained Turkish citizenship. In other words, in just three months in 2019, the number of naturalizations in Turkey surged nearly threefold! Turkey's Citizenship by Investment Program has exceeded market expectations, and foreign investors are flocking to Turkey at an accelerating pace!
Turkey's real estate immigration market is booming, with a surge in international investors
According to newly released data from the Turkish Statistical Institute (Turk Stat), in November 2019, the number of house sales in Turkey increased by 54.4% compared to the same period last year, reaching 138,372 units. Among them, foreign investors purchased 3,998 units. Thus, from January to November 2019, international buyers purchased 40,185 Turkish properties, exceeding the 39,663 units sold in the entire year of 2018!
According to new real estate sales statistics from the Turkish Statistical Institute, following the entry of Chinese investors into the top 20 list of foreign investors in Turkey in October 2019, Chinese buyers moved up another 2 places in November 2019, showing strong performance! The Turkish real estate market has received special attention from Chinese buyers and has become a new favorite for Chinese investors! Investors from countries such as China, Russia, the United States, the United Kingdom, and Germany have set their sights on Turkey, further fueling the boom in the Turkish real estate immigration market.
Turkey's Citizenship by Investment Program has countless highlights, including access to the US and UK
Turkey is a major geographical, demographic, and economic power in Eurasia among countries that have opened citizenship by investment programs, and it is also a major G20 country that has opened a low-cost citizenship by investment program! Under the new legislation, Turkey's Citizenship by Investment Program is currently the program with the largest destination country and the lowest investment amount among all real estate immigration programs, making it highly attractive to the market! This program has countless highlights: purchasing property starting from $250,000, the whole family can apply for a passport from the major European country of Turkey, the property can be sold after 3 years, and it offers advantages such as the ability to settle in the UK and use it as a springboard to the US, making it highly sought after by global investors!
Currently, holding a Turkish passport not only allows for the application of a US E-2 visa to enter the United States, but also allows for the application of UK business and work visas to enter the United Kingdom. Upon meeting relevant conditions, one can also apply for UK permanent residency and citizenship, making it a fast track to immigrating to the UK! According to data from the UK Home Office, in 2018, the UK government issued 413 residence permits to Turkish nationals and 166 permanent residence visas, with a relatively high approval rate! This data confirms that a Turkish passport makes it easier to obtain UK permanent residency and has become a new shortcut for investors to immigrate to the UK via a curved path!
WorldWay Group, a top 500 Asian brand and an immigration agency that was among the first to promote European real estate immigration programs, has used its forward-looking vision to partner with powerful Turkish developers to grandly introduce numerous high-quality Turkish real estate projects to investors, such as Four Seasons Mansion, European Style Garden, Sea View Cloud Court, Royal Sea Residence, and Edim Residence. These are currently the most popular projects on the market, with prices as low as $1,400 per square meter, large ready-to-move-in properties in the European district, suitable for both investment and self-occupation, meeting various needs for you to choose from!
2020 Win-Win Project for Overseas Identity + Overseas Real Estate
Purchase property starting from $250,000
Whole family applies for a passport from the major European country of Turkey
Open a convenient path to the UK
1
Quality Turkish Landscape New Property
Four Seasons Mansion
Adjacent to two major CBDs in Istanbul, with great development potential
Quality landscape property, close to a well-known urban forest park
Convenient transportation, within walking distance to large shopping centers, etc.
Mature community facilities, suitable for both investment and self-occupation
Large ready-to-move-in properties in the European district, starting from $2,000 per square meter
2
Turkish European-Style Garden Mansion
European Style Garden
Cost-effective, starting from $1,400 per square meter
European-style garden mansion, large ready-to-move-in properties of nearly 200 square meters
Garden landscape community, 80% green coverage, suitable for work and living
Istanbul Canal radiation circle, high population growth planning area
Subway entrance property, rich in education, medical, and other resources
Walking distance to large parks, shopping centers, and city squares
3
Near-sea New Property Neighboring Political and Business Elites
Royal Sea Residence
Large ready-to-move-in property in the European district of Turkey, neighboring political and business elites
Prime location, Istanbul Canal radiation circle
Good sea view, with large balcony, private and livable environment
Perfect facilities, rich in surrounding education, medical, and other resources
Connected to shopping centers, large parks, and city squares
4
Award-winning Sea-view New Property
Sea View Cloud Court
Award-winning sea-view new property, starting from $1,500 per square meter
Asian-district prices, enjoying European-district facilities
Sea View Garden community, 70% green coverage of the land area
Perfect facilities, rich in surrounding medical, education, and other resources
Fine-decorated ready-to-move-in property, suitable for both investment and self-occupation, can be transferred quickly
5
Property within the Istanbul Canal Radiation Circle
Edim Residence
Large ready-to-move-in property in the European district of Turkey, suitable for both investment and self-occupation
Rich educational resources, with international/public/private schools available
Subway entrance property, located in a high-growth population planning area
Neighboring shopping centers, city squares, and large parks
Friendly price, starting from $1,500 per square meter
Turkey is a major geographical, demographic, and economic power in Eurasia among countries that have opened citizenship by investment programs, and it is also a major G20 country that has opened a low-cost citizenship by investment 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 apply for a passport from the major European country 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 allow them to apply for a passport from the EU candidate country of Turkey! Meanwhile, holding a Turkish passport not only allows for the application of a US E-2 visa to enter the United States, but also allows for the application of UK business and work visas to enter the United Kingdom. Upon meeting relevant conditions, one can also apply for UK permanent residency and citizenship, making it a fast track to immigrating to the UK!
WorldWay has partnered with the Turkish Embassy in China, the Consulate General in Shanghai, and the Consulate General in Guangzhou to introduce Turkey's Citizenship by Investment Program to China, maintaining good interaction with the Turkish government, and has joined forces with powerful Turkish developers to introduce numerous high-quality real estate projects to investors! For details, please consult: 400-138-2929
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