Investing $250,000 can open a shortcut to the UK and the US. Can you believe it? The answer lies in the recent hot project in the immigration sector—the Turkish property investment immigration program. While configuring overseas assets, one can also obtain a Turkish passport. What advantages does the Turkish passport program offer?
1. Policy Advantages
In 2017, the Turkish government launched the investment citizenship program to stimulate the national economy; in September 2018, it lowered the investment threshold for citizenship from $1 million to $250,000, making it the most cost-effective passport program to date, attracting countless investment immigrants to Turkey. The property is not tied to immigration status! Although the Turkish passport is obtained through property purchase, it only requires holding the property for 3 years, allowing one to enjoy property appreciation returns while also earning rental income!
2. Identity Advantages
Many immigrants are attracted to Turkey's unique dual jump function of "UK + US". The Turkish passport + E-2 visa is considered the safest and fastest way to the United States. Once the E-2 visa is approved, one can freely enter and exit the United States, reside freely, and the spouse can work in the US, while children can apply to attend public schools in the US. Despite Brexit, holding a Turkish passport allows one to work or conduct business in the UK, and after residing in the UK for 5 years and meeting certain conditions, the main applicant and their family can apply for permanent residency in the UK.
Additionally, holding a Turkish passport allows for global travel, with visa-free access to 117 countries and regions. Turkish passport holders can also apply for international student status, gaining admission to prestigious domestic universities such as Tsinghua University and Peking University without taking entrance exams, which is a major reason many parents choose Turkey.
3. Investment Advantages
According to the latest data from the Turkish Statistical Institute, driven by the investment immigration program and the dollar-based property pricing, the volume of property transactions by overseas buyers has increased by 92.1%. 40% of Turkey's overseas property sales come from Middle Eastern nationals, and investors from Russia, Germany, the UK, and China are also among the top ten foreign groups purchasing property in Turkey. Taking the capital Istanbul as an example, the overseas transaction volume in 2018 increased by 172% compared to 2017, indicating a continuous recovery in the real estate market.