AVOID Turkish Citizenship by Investment - Do THIS Instead | Summary and Q&A
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TL;DR
Investing in Turkish real estate for citizenship is not the best option due to the passport's limitations and Turkey's current economic and political situation.
Key Insights
- βΏ Turkish citizenship by investment offers access to several countries, but it is not as desirable or smooth as other programs.
- π The Turkish passport faces prejudice and biases due to Turkey's current economic and political situation.
- β While investing in Turkish real estate may yield returns, there are better options for obtaining a higher-quality passport through citizenship by investment.
- π Caribbean countries and other programs provide more robust passports for less investment.
- π Investing in Turkish citizenship may be suitable for those who have a genuine interest in the country or seek to upgrade their low-quality passports gradually.
- πΊοΈ The video suggests considering citizenship by investment options in other countries for better travel privileges.
- πΈ Vanuatu is not recommended due to its shady reputation and loss of access to the Schengen area.
Transcript
it's a wealthy expat here in the beautiful city of Istanbul Turkey the Saint Regis Hotel with the park the sibio in the background I absolutely love this chaotic energetic big city of Istanbul I love turkey overall different Landscapes different people a lot of different Vibes throughout the country but why do I not promote the citizenship program ... Read More
Questions & Answers
Q: What are the benefits of obtaining Turkish citizenship through investment?
Turkish citizenship through investment grants access to various countries and offers potential return on investment through the booming real estate market in Istanbul and Turkey overall.
Q: Why is the Turkish passport not highly regarded?
The Turkish passport faces prejudice and biases due to Turkey's economic and political situation, making it difficult to travel to other countries and obtain visas.
Q: Are there better options for obtaining a second citizenship through investment?
Yes, Caribbean countries and other options offer higher-quality passports for less investment, providing more global mobility and visa-free travel opportunities.
Q: In what cases would investing in Turkish citizenship be recommended?
Investing in Turkish citizenship may be recommended for those who have an interest in the country, the crypto community, or individuals with low-quality passports seeking to upgrade gradually to better passports.
Summary & Key Takeaways
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Investing $400,000 in Turkish real estate grants citizenship within months, providing access to several countries.
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However, the Turkish passport is subject to prejudice and bias, making travel to other countries challenging.
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Other citizenship programs, such as those in the Caribbean, offer better quality passports for less investment.
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