The Turkish CBI program was launched in 2017 at a minimum investment cost of $1,000,000 however in mid-2019 the government announced the investment had dropped to a minimum of $250,000, making the program a more accessible option for those looking for a second passport.
Besides, the real estate investment other options include depositing $500,000 into a Turkish bank or creating job opportunities by starting a company in Turkey and employing at least 50 people.
Since the investment minimum was lowered, it instantly became one of the most advantageous CBI programs with visa-free travel to over 110 countries and a Turkish passport that can be obtained with in 4 months.
Turkey has a great location since it borders Europe and the Middle East, perfect for those looking to do business between the two continents. It has a thriving tourist industry with an average of 50 million tourists a year that enjoy the rich culture, stunning landscapes and beautiful beaches.
For the Turkish citizenship application you add a spouse, children and other dependents to gain passports for the whole family, which allows access to free medical healthcare. The Turkish nationality is an investment into the future and can be inherited to your children’s children.
Another advantage of the Turkish citizenships is that it allows easy access to live and work in the United States, and the UK, allowing you to easily obtain an investor visa for each country. Additionally, Turkey has met many of the European Union conditions to possibly have visa-free travel to Schengen countries in the future.