- “If the world were a country, Istanbul would be its capital” Napoleon.
- One of the cheapest CBI programmes on the market – Reduced to $250,000 in 2018 from $1 million
- Government Incentives: Lower purchasing taxes, VAT Exemptions, digital land registry, – radical changes that the government has introduced to boost the Citizenship by Investment scheme.
- Point of entry/ gateway: The majority of foreign direct investment emanates from neighbouring countries and the MENA however Turkey also attracts attention from the Far East. Multinational blue-chip countries have set up headquarters there.
- Fast Growing Market: China’s one belt one road initiative centres Istanbul as a key hub in the reignition of the China Silk Road (the world’s most important trade route). Investors are optimistic about Turkey’s long-term prospects.
- Visa free travel to 115 destinations – Including E2 Treaty country. Strong ties with the EU and on the verge of citizens having free access to the Schengen Zone.
- Population of 78 million, a median age of 31.5 and life expectancy of 76 – dynamic amalgamation of cultures.
- Prime Property Bargains – According to the Turkish Statistical Institute, sales of residential properties reached 45,483 units in 2019 influenced by the amended CBI programme. Almost half of the properties bought by foreigners are in Istanbul however other areas such as Ankara, Antalya and Bursa are popular.
- Freedom to choose property – Some CBI programmes restrict the property you are able to purchase to government approved developments whereas the Turkish programme offers you the freedom to choose your property.
- Speed is one of the essential factors of the investment process: One of the advantages of the Turkish Citizenship by Investment Programme is that it is an incredibly fast process, you can get a passport within 4 to 6 months.
- Dual citizenship is allowed which means you can retain the citizenship of your home nation.
- Foreigners can access state health insurance and use medical service
- The employment rate and economic performance of the country have improved over the past decade with the Turkish economy sitting amongst the top 20 in the world. The numerous free trade agreements mean that it is possible to work and trade freely with other countries in the world.
- Since the legislative change, 981 foreign investors have been granted Turkish Citizenship. (U.S., Canada, China, Russia, Italy, Australia and Greece)
- Air Connections to almost anywhere in the world
- Warm climate with mild weathers – The port city of Bodrum has been dubbed the St Tropez of Turkey by Business Insider, boasting luxury hotels, superyachts and picturesque turquoise waters.
- Equal treatment of all investors and business friendly regimes
- Turkey is particularly popular with Arab investors:
- 97% Muslim population with widely spoken Arabic
- Turkey is very close to the Arab world with a common religion and language
- Thousands of Arabs every year spend their holidays in Turkey
- Turkish education ranks highly across schools and universities
- There are excellent opportunities for trade through the import and export of goods and services
- The E-visa regime is also in place giving access to many middle east and Arab countries.
Brings you closer to your financial and business goals and ensures the safety and future of you and your family.