Citizenship By Investment in Turkey
Turkey, known officially as the Republic of Turkey, is a transcontinental Eurasian country. Its location at the crossroads of Europe and Asia makes Turkey a country of significant geostrategic importance. The capital of Turkey is Ankara, and the official currency is the Turkish Lira (TRY). The official language is Turkish.
The Turkish economy, the 13th largest economy in the world (in purchasing power parity [PPP] terms), has grown at quite rapid rates.
Due to its strong fundamentals, demographic structure, and great potentials, foreign direct investment (FDI) inflows to Turkey have been continuing. Including real-estate investments, Turkey attracted USD 14 billion each year on average over the last ten years.
According to PwC estimates, Turkey is forecasted to move up the global league rankings for total GDP to 12th in 2030 and jump one more step above through 2050.
Why Invest in Turkey
Large Domestic and Regional Markets
Turkey’s performance in economic development saw it’s income per capita increase from USD 3,581 in 2002 to USD 9,632 in 2018. A majority of goods and services sold in Turkey are absorbed by the robust domestic market.
Easy Visa to the EU Within 1 Week
Turkey has a visa easing agreement with the European Union, which prioritizes Turkish visa applications and makes the process quicker and easier.
Turkey’s strategic location at the crossroads of Asia and Europe makes it an ideal location for business in both regions.
High Returns on Investment
Properties in good locations in Turkey bring upto 9% income, and can be purchased at attractive prices. The desirability of owning property in Turkey comes from it’s long standing place in history, it’s strong real estate market and the inherent natural beauty of the country.
Services for Turkish Citizens
Vancis Capital offers the following services for Turkish Citizens:
The Turkish Citizenship-by-Investment Program was launched in January 2017 to attract foreign direct investment to and boost growth in the country’s real estate sector.
The Turkish economy has climbed from the 18th to the 13th position in the world.
Real Estate: Minimum US$ 250,000
Purchase and hold approved real estate worth US$250,000.
Financial Investment: Minimum US$ 500,000
Invest US$500,000 in fixed capital contribution.
Deposit US$500,000 or equivalent foreign currency into a Turkish bank account.
Commit US$500,000 or equivalent foreign currency into Turkish Government bonds.
Be able to make the minimum investment transfer from his/her personal account to the escrow account.
If applicants children are to be included in the application, they must be under 18 years of age.
Valid documentation as per the Citizenship application requirements.