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Turkey SECURE YOUR FUTURE TODAY

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Turkey SECURE YOUR FUTURE TODAY Turkey SECURE YOUR FUTURE TODAY ABOUT TURKEY Once the center of the Ottoman Empire, the obtaining Turkish citizenship, was reduced to modern secular republic was established in the $250,000 (down from $1M) making it one of the 1920s by nationalist leader Kemal Ataturk. cheapest CIP's in the world. Straddling the continents of Europe and Asia, Turkey's strategically important location has given it Since the reduction, property sales to foreigners major influence in the region and control over the have increased by over 150%, mainly, but not entrance to the Black Sea. It has double the GDP of restricted to investors from other Muslim majority Greece and Portugal combined, with a diversified countries, looking for an alternative citizenship. economy and numerous multinational and blue-chip companies having their European head Turkey is rapidly emerging as a popular destination offices there. for investment migration, thanks in part to its low cost of living, rich culture, and great lifestyle. Also, a Turkish Citizenship by Investment Program has Turkish passport is one of the most valuable been in existence since 2017. In September of passports in the Muslim world, with visa free travel 2018, the minimum real estate investment for to 114 countries, and access to the US E-2 Visa. COUNTRY PROFILE • Capital: Ankara • Population: 79.5 million • Area: 779,452 sq km (300,948 sq miles) • Major language: Turkish (official), Kurdish • Major religion: Islam • Life expectancy: 72 years (men), 79 (women) • Currency: Turkish Lira • Exchange Rate (as of Jan 2019): 1 USD = 5.32 TRL/ TRY TIME TO CITIZENSHIP VISA FREE TRAVEL RESIDENCY REQUIREMENTS PASSPORT RANK 3 - 4 Months 115 Countries 0 39th www.secondpassglobal.com Page No.1 Turkey 115 Visa Free Countries Turkey Europe Africa Americas Albania Botswana Antigua and Barbuda Azerbaijan Cape Verde Argentina Belarus Comoros Bahamas Bosnia and Herzegovina Cote d'Ivoire (Ivory Barbados Georgia Coast) Belize Kosovo Djibouti Bolivia Macedonia Eswatini Brazil Moldova Ethiopia Chile Montenegro Gabon Colombia Serbia Gambia Costa Rica Ukraine Guinea-Bissau Ecuador Kenya El Salvador Lesotho Mexico Asia Libya Paraguay Madagascar Peru Armenia Mauritania Suriname Bahrain Mauritius Trinidad and Tobago Bangladesh Morocco Uruguay Brunei Mozambique Venezuela Cambodia Rwanda Hong Kong Sao Tome and Principe Indonesia Senegal Oceania Iran Seychelles Iraq Somalia Fiji Japan South Africa Marshall Islands Jordan Sudan Micronesia Kazakhstan Tanzania Palau Kuwait Togo Samoa Kyrgyzstan Tunisia Tonga Laos Uganda Tuvalu Lebanon Zambia Vanuatu Macao Zimbabwe Malaysia Maldives Caribbean Mongolia Myanmar [Burma] Cuba Nepal Dominica Oman Palestinian Territories Dominican Republic Philippines Guatemala Qatar Haiti Singapore Honduras South Korea Jamaica Sri Lanka Nicaragua Taiwan Panama Tajikistan Saint Kitts and Nevis Thailand Saint Lucia Timor-Leste St. Vincent and the Uzbekistan Grenadines www.secondpassglobal.com Page No.2 Turkey CITIZENSHIP TYPE OF INVESTMENTS: 1-Invest in real estate in Turkey with a minimum amount of $250,000 and annotate in the registry that you will not sell the real estate for three years. 2-Invest in Turkey's funds and REITs with a minimum amount of $500,000 and declare your commitment to keep your investment for at least three years. 3-Make fixed capital investment in Turkey with a minimum amount of $500,000 and declare your commitment to keep your investment for at least three years. 4-Deposit at least $500,000 in a Turkish bank and keep the deposit in Turkish banks for at least three years. 5-Create employment for at least fifty-people and provide them with social security for a minimum term of three years. RESTRICTED NATIONALITIES: None MINIMUM INVESTMENT Invest in Real Estate in Turkey with a minimum amount of $250,000 and annotate in the registry that you will not sell the real estate for three years. NOTE: Syrians are not allowed to buy real estate in Turkey & can opt for any of the other 4 options for acquiring citizenship. Note : Maximum Dependent Child Age is 18 years. Parents are not allowed in family application. TAXATION 20% 15-35% 0% 15-35% 0% Corporate Tax Rate Personal Income Tax Global Income Capital Gain’s Inheritance Non Domicile Non Resident Tax Tax Tax Principles www.secondpassglobal.com Page No.3 Turkey NEXT STEPS The following outlines the process and next steps to be taken by the client to become a Turkey CItizen: PROCESS: Immediately Step 1 Client Sign Retainer Agreement with Secondpass Global & sends the initial payment as per Invoice to start the application. 1 Month Step 2 Client selects a property to invest in as recommended by Secondpass Global OR Visits Turkey to select property, open bank account and provide Lawyer POA in front of Notary. Once back, Client starts gathering the documentation as guided by Secondpass Global. 2 Months Step 3 Client completes the documentation and pays balance of fees incl. full property price to his bank account in Turkey. In Turkey, Lawyer transfers the property in client name and submits client file to government for residency. 3 Months Step 4 Client comes to Turkey to give fingerprints etc. Turkish Authorities issue Resident Permit. 3-4Months Step 5 The application is reviewed & due diligence checks are carried out by Ministry of Civil Registry & National Intelligence Agency. Once cleared the application is sent to Ministry of Interior. 4Months Step 6 Upon clearance my Ministry of Interior, President of Turkey approved the application. The Presidency's granting of Turkish citizenship to the applicant will be published on the Official Gazette & Passports are issued to Client. CONTACT US : FOLLOW US : 009714-4070500 [email protected] www.secondpassglobal.com Suite 1702, Level 17, Boulevard Plaza Tower 1, Sheikh Mohammed Bin Rashid Boulevard, Downtown, Dubai, UAE. P.O.Box 416654 www.secondpassglobal.com Page No.4 Turkey.
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