- August 19, 2020
- Posted by: Hassam Shaikh
- Category: Sun Investment Immigration
Turkey announced its citizenship by investment programme in 2016. It grants residency, citizenship and a second passport to applicants investing either in real estate or a bank deposit.
A Turkish passport allows visa free travel (or visa on arrival) to 114 countries worldwide. Turkey also holds out the possibility of eventual visa free access to the EU. Currently talks are ongoing although Turkey has some way to go in order to meet EU conditions.
Residency in Turkey is also available through investment in real estate although the permit needs to be renewed every six months.