Why should we buy a second nationality?
There are various reasons why one should get a second citizenship, two of which are travel and business. The second citizenship is considered one of the best business tools as it can open up opportunities for ease of travel and ease of doing business in over 150 countries.
There are 12 countries in the world that sell their nationality. This term is referred to as “citizenship by investment.” Among these countries, Turkey 2nd passport by investment is at the top of the list.
Another benefit of a second passport is an exemption from income tax. If you live in a high-tax country, the ability to go and live somewhere else could potentially eliminate your tax bill. If you are a U.S. national, for example, you have to pay tax on your worldwide income regardless of the region where you live in the world, but having a second passport gives you a chance to opt out of the system. On top of that, it gives you plenty of privacy benefits so that no government controls you. So the second passport gives you freedom, and you don’t have to be owned by just one government.p
Turkey is sandwiched between Asia and Europe, which makes it an ideal location to live in and get a startup. It connects the two continents through the Bosporus strait. Turkey has a strong economic structure and is a member of the UN, NATO, the IMF, the World Bank, and the G20.
Here is what to know about Turkey 2nd Passport by Investment:
Ankara Agreement
It’s been described as a landmark deal between Turkey and the UK as the second largest export market for turkey is the UK. This was the UK’s first agreement with Turkey after leaving the EU. Due to this free trade deal between the two nations, it’s quite easy to start your own business in the United Kingdom.
E1 and E2 visa treaty with the U.S.
Another main reason why one should get a Turkey 2nd passport by investment is the E1 and E2 visa treaty between Turkey and the U.S. To encourage trade and investment, the U.S. has set up a category of E1 and E2 visas. This is for individuals who are interested in trade or investment in the U.S. Such visas, however, can only be issued to countries that have signed this particular treaty with the U.S.
The aim of this treaty is to ease business travel to and from the U.S. Availing the Turkey 2nd passport by investment opportunity will give you a great advantage in terms of applying for the U.S. visa, as by having the Turkey 2nd passport, an individual will be eligible for both the E1 and E2 visas.
Best healthcare advantages
Another benefit of acquiring the Turkey 2nd passport by investment is that Turkey offers one of the world’s best and biggest healthcare systems with huge healthcare advantages. Even the private healthcare system is so economical.
According to article 60 of the Turkish constitution, every individual is entitled to social security. The state takes the necessary measures to create various organizations in order to provide social security and the best healthcare facilities. Individual who has the turkey 2nd passport can get access to this system where healthcare is absolutely free for the citizens under the age of 18 and over the age 65.
Large number of visa-free countries
By acquiring the Turkey 2nd passport, which is one of the best passports in the world, you will be able to travel to up to 116 countries visa-free in normal circumstances. The visa countries include Japan, entire South America, and South Korea, etc. For Europe, it takes 2 to 3 days to get a Schengen visa with a regular Turkish passport. Civil servants and government employees are able to get a Turkish green passport, which will allow them to visit Europe visa-free.
Living standards
Turkey is the land of quality life. If you like the diversity of life then turkey is the best place to live in. Turkey is rich with historical architecture and has UNESCO world heritage sites. Istanbul for example is been here since empires. Istanbul is the city of cultures, history, art, tourism, architecture, and beaches; nature is surrounded by seas, forests, and hills. Besides these, Turkey has the best education system and health system in the world, which will never disappoint you.
Methods of getting the Turkey 2nd Passport by Investment
There are various ways among which you can select the one suitable for you.
Real estate
By making a minimum investment by purchasing real estate property in Turkey, you will be eligible to get a 2nd passport in a matter of 120 days. There is no minimum stay requirement, which means you can live anywhere in the world and still get citizenship easily.
Contribution
A minimum of fixed capital contribution is required in order to be eligible for citizenship through this method.
Bank deposit
To take advantage of this option, a minimum of USD 500,000 must be deposited in a Turkish bank or committed to government bonds with the same amount.
Jobs
For this method, you will have to create at least 50 job opportunities for Turkish citizens.
If you want to know more about Turkey 2nd passport by investment, please contact us for your case.