Turkey has been a desirable destination for foreigners looking to apply for citizenship by investment. The country offers an abundance of cultural riches, with vibrant cities, beautiful landscapes and rich historical sites. However, there are also many practical advantages to applying for Turkish citizenship by investment. Here’s a look at the benefits of becoming a citizen of Turkey.
1. Fast processing time: The application process for Turkish citizenship by investment is relatively straightforward and fast compared to many other countries’ programs. Depending on the type of investment you make, you can have your passport in as little as three months.
2. Low cost: Turkey has one of the lowest-priced programs when it comes to acquiring citizenship by investment. The actual cost of the program varies depending on the type of investment you make, but is some cases it can be as low as $250,000 USD.
3. Travel visa-free: Turkish citizens enjoy visa-free access to over 110 countries, including all European Union countries and other popular destinations such as the United Arab Emirates, Hong Kong, and Singapore.
4. Tax incentives: Turkey offers attractive tax benefits for citizens by investment. As a Turkish citizen you will be able to enjoy lower income and capital gains taxes, as well as other benefits such as inheritance, double taxation agreements and others.
Access to Visa-Free Travel
One of the most attractive aspects of Turkish citizenship is the access it provides to visa-free travel. Turkish citizens can travel to over 111 different countries without needing a visa or obtaining one on arrival. This includes countries in Europe and the Americas, as well as other popular destinations such as South Africa, Thailand and Indonesia.
Furthermore, unlike some other countries where you have to be present in the country for a certain number of days in order to maintain your citizenship status, you can remain absent from Turkey for up to two years if you hold Turkish citizenship by investment. This means that you can enjoy both extended travel periods and fast-tracked access into many countries without having to worry about your residency status in Turkey expiring during this time.
Political Stability
Turkey is generally considered to be politically stable compared with some other countries in the region. This makes it an attractive option for those looking for a safe haven from volatile political situations elsewhere in the world. As part of NATO (the North Atlantic Treaty Organization), Turkey has also forged strong ties with European nations as well as its neighbors in the Middle East, making it an ideal place for anyone wanting to avoid any potential political unrest or instability within their own countries or regions of residence.
Economic Benefits
In addition to the political stability that comes with holding Turkish citizenship, there are economic benefits too. Turkey boasts one of the fastest growing economies in Europe and is predicted to become one of the 10 largest economies worldwide within the next decade or so. This means that investors often find great value when investing in businesses based in Turkey due to its favorable economic conditions and its location at the crossroads between Europe and Asia – making it incredibly attractive from an international business perspective too!
Conclusion:
As we’ve seen, there are plenty of reasons why someone should consider applying for Turkish citizenship by investment. From visa-free travel around much of Europe and beyond; political stability; and exciting business prospects – there’s something here for everyone whether you’re looking for personal security or financial opportunities abroad! So why not take advantage today? Investing in Turkish citizenship can open up new doors that could change your life forever!
