Turkey’s Passport by Investment Program is becoming a popular investment option for many high-net-worth individuals from around the world. This program allows for foreign investors to obtain Turkish citizenship through investing in the country’s economy. In this article, we will explore the benefits of Turkey’s Passport by Investment Program.
Investment Options
The Turkey Passport by Investment Program offers a range of investment options, including real estate, bank deposits, venture capital funds, and government bonds. The minimum investment requirement for this program is $250,000, which is lower than many other similar programs around the world.
Visa-Free Travel
One of the most significant benefits of Turkey’s Passport by Investment Program is the ability to travel visa-free to over 110 countries, including Japan, Singapore, and South Korea. This benefit is particularly attractive to businesspersons and entrepreneurs who need to travel frequently.
Residency Perks
In addition to the visa-free travel benefits, investors in the Turkish Passport by Investment Program are also eligible for residency perks, such as education and healthcare benefits. The program offers access to some of the best public and private healthcare facilities in the country, as well as quality education for themselves and their families.
Tax Incentives
Another advantage of the Turkish Passport by Investment Program is the various tax incentives that it offers to investors. Foreign investors are not taxed on their overseas income, and they are granted tax exemptions on their Turkish-sourced income for a period of up to five years.
Fast Processing Time
The application process for the Turkish Passport by Investment Program is relatively fast compared to other similar programs worldwide. The entire process takes an average of three months to complete, making it one of the quickest routes to obtaining citizenship.
Real Estate Investment Opportunities
Real estate investment is the most popular option for investors seeking Turkish citizenship through the Passport by Investment Program. The program offers a wide range of real estate investment opportunities, including apartments, villas, commercial properties, and land plots. Investors have the option to buy or rent property, which makes it an attractive investment opportunity for those who seek to purchase a second home.
