E2 Visa: Best Pathway to US Residency with Turkish Citizenship

Turkish Citizenship by Investment

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How Turkish Citizenship By Investment Helps You Get an E2 Visa

When it comes to countries to immigrate to, the United States is often listed as the number one choice. As the ‘land of the free’ and the home of modern capitalism, it’s no surprise that people are keen to get their hands on an E2 visa. An E2 investor visa is only open to citizens of countries who are part of the E2 treaty, excluding countries like Russia, China and India.

If you fall outside of the E2 treaty countries, you can still get your hands on an E2 visa. Securing Turkish citizenship by investing means that you can take apply for an E2 visa. We’re taking an in-depth look at the E2 visa and how Turkish citizenship could be the answer to your problems. 

Your options if your country is not an E2 treaty country

If your country is not part of the E2 visa treaty, you still have options. The easiest way to access an E2 visa is through second citizenship by investment. If you’re an investor, a second citizenship can open doors for you internationally. Turkey is one of the leading countries that enable you to access an E2 visa through second citizenship.

What are the top two countries for second citizenship for applying to E2 visa?

Top 2 are Turkey and Grenada. Turkey has been the largest Citizenship by Investment market in 2020 and has passed any other country, due to its attractiveness for E2 visa, low investment and growing real estate market. Check out this article from Investment Migration Insider for a comparison between Turkey and Grenada for en-route to E2 visa.

Why should I get Turkish citizenship for my E2 visa?

Turkish citizenship minimum investment requirement is $250,000 vs. $350,000 for Grenada. Turkish real estate market is more liquid and approved real estate properties are much more. You can easily sell your property after three years. It is also very fast in terms of citizenship processing time with less than 3 months after the completion of asset purchase.  

The Benefits of Turkish Citizenship       

While there are other countries available for second citizenship, Turkey is one of the leading choices. Whether you want an E2 visa or the benefits of a different passport, Turkey is quickly becoming the go-to destination for second citizenship. The Turkish investor citizenship program is one of the most popular, bringing with it a myriad of benefits.

Turkey is ranked 3rd in the world for medical tourism, with the country also providing pension programs. It’s also the perfect location for business investment, sitting between East and West, with international links and government-backed schemes to encourage investment, particularly with SMEs. With its booming real estate market and a top 10 economy, there is nowhere better to do business than Turkey.

Your Turkish citizenship will also give you access to 170+ universities and international schools w a reputation of sending students to ivy league colleges. 

Turkish citizenship by investment means that the world is your oyster. You’ll have access to visa-free travel to 114 countries and can apply for various visa programs. Once you have your Turkish citizenship, you can apply for an E2 visa.

Part of the appeal of Turkish citizenship by investment is its lower property investment threshold of $250,000 and quick turnaround. This Turkish citizenship investment program is streamlined and straightforward, allowing you to get a second passport within a few months.

How long does it take to apply for an E2?

To apply for an E2 visa as an investor, you need to submit a business plan for either an existing or future business that you want to establish in the United States. You’ll also need to provide civil documentation. 

The process of applying for an E2 visa typically takes 3 months, with the option to expedite it to 3 weeks for a fee. You can apply for an E2 visa at a US embassy or consulate, adding a spouse or dependent children under 21 to your application.

FAQs about E2 and Turkish citizenship

Q: How do I get Turkish citizenship to get an E2 visa?

A: The most straightforward way to get Turkish citizenship is by purchasing a property valued at over $250,000. It makes a smart investment, as the average property price in Turkey goes up by an estimated 11% year on year. You do not need to visit Turkey to purchase your property and can do it with the help of an estate agent.

Q: What are the investment requirements for an E2 visa?

A: As you are required to submit a business plan, there is no minimum investment. Your investment needs to match the type of business that you’re intending to establish. Depending on your business, you may only need to make a $70,000 investment – but this will depend on the state you wish to establish your business in.

Q: Is there a residency requirement for the E2 visa?

An E2 visa does not require you to remain in the US for a specific time to renew your visa. You can move freely around the US and are not restricted to residing in a specific state.

Q: What is an E2 visa vs. an EB5 visa?

If you’re looking to freely travel to the US, you’ll be considering either an E2 or EB5 visa. While both will gain you access to the US, their application process and turnaround times are different. 

The main difference between an E2 and EB5 visa is the investment requirement. While an EB5 visa is easy to apply for, it requires a substantial investment that restricts its accessibility. Depending on the project, you may need to invest a minimum of $500,000. However, the main issue for many people is that the current backlog of EB5 visas means that your application could take up to 14 years to approve. In comparison, E2 visa will take 2 weeks to four months.  

If you’re looking for an easier route, take a look at the E2 treaty visa. A limited number of countries have access to this program, which gives visa holders the ability to live and work in the United States. There are three tiers to the E2 visa – investors who want to establish a business, employees brought into the country by a US business, and managers brought into the country by a US business.

The investor options mean that you can immigrate to the United States without needing a job offer. The only way to access an E2 visa is by being a citizen of a country that has signed the E2 treaty.

 

Enjoy a Lifetime of Turkish Citizenship

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source https://elmaslarrealestate.com/e2-visa-through-turkish-citizenship

Partners

We work with all types of partners to expand the reach of our client base and we do referral agreements with these partners.

 

Here are the type of partners that work with us: 

US based Real Estate Developers

These companies offer EB5 and E2 visas to their clients through US investments and job creation. Some of these visa program are more favourable for Turkish citizens, and for that reason they recommend their clients to become Turkish citizens before applying to US migration through their investment properties.

Global Immigration Companies

Their clients would need a second passport for a variety of reasons and Turkey is an attractive options. Turkey offers E2 investment visa to the US and it is relatively lower cost than many other options. If your client is not from a E2 treaty country and would like to move to the US through investment and get residency; Turkey is the best option in terms of cost and speed. However, you would need to work with a trusted advisor and developer like Elmaslar Real Estate to deliver the best experience for your client, otherwise it will be difficult to continue to work with them. 

Regional Citizenship Advisors

If you have offices in a market such as UAE, Egypt, Pakistan, Russia or many other countries, and you help the citizens of those countries to get a second passport, you could partners with Elmaslar Real Estate to help your clients get Turkish citizenship as they pursue their global migration solutions

Turkey based Law Firms

If you are a law firm and get requests for Turkish citizenship, you can partner with us where we help with property selection and acquisition and you do the migration related work. 

Frequently Asked Questions

Are you a developer? 

We represent and work exclusively with the largest and one of the most trusted developers in Turkey. We sell properties in prime locations at the city cneter of Istanbul and have transparent pricing. We manage the developer’s international partner relationships. Please reach out to us to learn more. 

Do you also offer immigration and rental management services? 

If you don’t have a local law firm for property acquisition and citizenship application, we refer you to our law partner in Turkey who has completed over 200 passport applications and works very well with our developer.

Why should be partner with you? 

We have more experience than many other companies, having completed 150 passport applications in the last 2 years in Turkey with 100% success rate. You will ensure that your clients will get the best property options and have a smooth and fast citizenship process. You will build more goodwill and trust with your client. We also offer attractive referral agreements. 

I am interested, how can I apply? 

You can contact us on WhatsApp on this page or email selma@elmaslarrealestate.com with a short description of your business and why you would be a good partner. 

 

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Visa Free Countries with Turkish Passport

Countries that can be accessed with Turkish passport

Countries that can be accessed with the Turkish passport minus having to worry about a visa include: Iraq, Japan, Jordan, Thailand, Dominica, Palestine, Libya, Morocco, Uruguay, Ukraine, Montenegro, Jamaica, Costa Rica, Albania, Oman, Lebanon, Qatar, Tunisia, Brazil, Botswana, Argentina, Syria,, South Africa, Singapore, Dominica, Georgia, Ecuador El Salvador, Bolivia, Belarus, Chile, Mongolia, Venezuela, Philippines, Peru, Moldova, Russia, Mauritius, Kyrgyzstan, Guatemala, Honduras, Haiti, Colombia, Botswana, Bosnia and Herzegovina, Panama, Serbia, Montenegro, Macedonia, Kosovo, Malaysia, North Korea, and Albania.

Countries that offer visas upon arrival include Madagascar, Armenia, Maldives, Kuwait, Guinea, Mauritania, Bahrain, Djibouti, Uganda, Tanzania, Ivory Coast, Zambia, Togo, East Timor, Tajikistan, Cambodia, Mozambique, Nepal, Comoros, Sudan,  and Indonesia.

Countries that can grant visas online (via the internet) include Senegal, Myanmar, Mexico, Australia, and Rwanda, Sri Lanka.

For the foreigners applying for Turkish citizenship, it is possible to request for the Turkish passport at the time of application. This helps do away with the need for a residency period before getting the document.

In short, with its ranking and benefits, holding a Turkish passport comes with exciting perks!

Types of Turkish passports

Turkey has four categories of passports to cater to different holders as indicated below:

• The Special passport which is green in color is reserved for the government personnel, state athletes, businessmen who have exceeded certain export rates, and Metropolitan provincial and district presidents (during their tenure)
• The ordinary passport which is maroon in color is for the Turkish citizens and foreigners who applied for Turkish citizenship.
• The service-oriented passports are grey in color and are reserved for journalists, public servants, and other servicemen.
• The diplomatic passports are black in color and resereved for diplomats and embassy heads plus their family while on official duty abroad.

Benefits of the Turkish passport

• The processing and delivery process is relatively short. On average it takes only 30 days to get your document.
• The Turkish passport enjoys a visa-free entry to over 100 countries. It also has access to all 26 Schengen zone countries.
• It is ranked among the top passports in the world
• It allows for dual citizenship
• It is possible to apply for the E-2 investor visa to enter the USA
• Includes full medical assistance
• Access to pension programs
• Free education and university reimbursement plans
• A right to participate in all elections
• No residential timeframe to worry about
• It is long-term, with a renewal after 10 years.

The post Visa Free Countries with Turkish Passport appeared first on Elmaslar Real Estate.

source https://elmaslarrealestate.com/visa-free-countries-with-turkish-passport/

Turkish Citizenship for Pakistanis

Turkish Citizenship by Investment for Pakistanis

Pakistani citizens can acquire Turkish Citizenship by investing in Turkey. This Turkish Citizenship by investment program was launched in 2017 to attract foreign investors in the country to boost the economic growth in real estate. To secure Turkish Citizenship, investors had to invest vast sums of money.

If you are a Pakistani investor, this Turkish Citizenship by investment is suitable security for the future. That said, if you are interested in Turkish Citizenship by investment for Pakistanis but not sure where to start, this article is in your best interest. Let’s dive in!

 

What are the Available Investment Options?

According to the new Regulations regarding the Turkish citizenship code that was amended in 2018, the investors can choose a wide range of investment options to get Turkish Citizenship by Investment.

Option A: it stipulates that the minimum amount of property investment made shall be a minimum of $250,000 or the equal value in Turkish Lira. However, one must hold on to the property for at least three years to meet their citizenship requirements,

Option B: the option foresees investors to deposit $500,000 in cash. The condition here is for the investors to keep their monies in Turkish banks for three years.

Option C: it requires investors to have a fixed capital of $500,000. The investors can invest in fixed assets that have been vetted by the Ministry of Industry and Technology in Turkey.

Option D: investors also have the option to set up their business and create job opportunities for at least 50 Turkish employees. This should be approved by the Ministry of Labor and Social Security.

Option E: we have yet another option where the investors can obtain their Citizenship by investment through buying the Turkish Government Bills and Bonds. The minimum investment here is $500,000, and the investor must hold them for three years. Also, the investment must be verified by the Turkish Ministry of Treasury and Finance.

What are the General Requirements?

On top of the investment requirements we’ve discussed above, you need to meet a few general requirements to qualify for Turkish Citizenship by investment.

• You must not have stayed or entered Turkey illegally
• You must be at least 18 years old
• You must not sell your property for at least three years
• You must not have any criminal records in Turkey or any other country that the investor has resided for more than ten years

 

Are there Turkish Citizenship Benefits?

Obtaining Turkish Citizenship By Investment comes with several perks. That includes but not limited to;

• Everyone in your family; your spouse and children under 18 years, will automatically qualify for the Citizenship
• Visa-free access to 115 countries, including a large part of South American countries
• You can reside in the USA through the USA E-2 Investor Visa
• You can quickly relocate to the UK via the Ankara Agreement that allows Turkish nationals to relocate to the UK to set up a business with relocation under a month
• Rental income for three years with the option to resell after
• Legal dual Citizenship
• Ability to protect your assets among other tax advantages
• Easy access to Canada, Australia, and Europe
• No limitation to how long you can stay in Turkey
• You get Citizenship without a residency condition
• For the Turkish Citizenship by Investment applicants, there’s no military service required
• Free education programs and healthcare for the children and the entire family

 

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source https://elmaslarrealestate.com/turkish-citizenship-for-pakistanis/

Turkish Citizenship for Chinese Investors

How to get E2 Visa to the USA faster for Chinese through citizenship by investment in Turkey

 

We all know getting the infamous EB-5 Green Card is increasingly pricey, and many investors are looking for cheaper alternatives to access the USA. Aside from the high price, the EB-5 program also includes a cap of around 700 applicants per country annually.

Therefore, certain countries have a considerable backlog, for instance, China, and hence, Chinese applicants can wait up to 17 years to get access to the EB-5. Thankfully, with the E2 visa, you can still obtain permanent residence in the US. Yes, you heard that right! Stick around to find out more.

 

What is an E2 Visa to the USA?

The E2 visa grants you permanent residence in the USA if you invest in government-approved projects across the country. This visa can be beneficial since it grants access to the USA education system. Above all, this visa also gives you the right to work, retire, study or even retire in the USA. And that’s not all! Your child (under 21) will get permanent residence in the US.

Here’s the tricky part: The E2 visa can only be obtained when the investment is substantial and from countries with an E2 treaty with the US. What do I mean? First, you need to have a good investment before registering for this visa, but it’s less when compared to that of EB-5.

The other crucial part is you have to be a residence of a country with an E2 treaty with the US, including Montenegro, Turkey, and Grenada. In this article, we’ll concentrate on obtaining a Turkey residency for Chinese citizens.

 

How to obtain Turkey residency for Chinese Citizens

Chinese citizens now face a lengthy retrogression delay through the EB-5, and the most effective alternative is the E2 visa. Turkey announced their citizenship by investment program back in 2016. The program grants residency and a second passport to applicants who’ve invested in real estate or bank deposits.

You will need to purchase a property with a minimum investment of $250,000, making it the lowest priced citizenship by investment in the market. The real estate investment was close to $1million, but it was recently reduced in 2018. This visa grants you free travel to 125 countries with a possibility of visa-free travel to the EU. And that’s all you need to obtain your Turkey citizenship which gives you an upper hand to apply for the E2 visa to the USA.

 

Applying for the E2 visa to the USA

Once you’ve obtained your Turkey visa, you are eligible to apply for the E2 visa in the USA. You will need to invest in a US business where you own at least 50% shares. Thankfully, there’s no official minimum investment amount that has been stipulated, but it’s advisable to invest at least $120,000 to ensure you have a successful application.

The process takes about three months, and the residency will be issued with a five-year residency with unlimited renewals. This entire process will take up to 9-12 months, including obtaining the Turkey visa, and will roughly cost around $370,000. That’s a much faster and cost-effective process to obtaining access to the US with a bonus of Turkey citizenship.

 

 

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source https://elmaslarrealestate.com/turkish-citizenship-for-chinese-investors/

Property Acquisition Closing Costs

Closing costs breakdown of property purchase by foreigners

Purchasing property in Turkey comes with interesting benefits such as becoming a Turkish citizen, enjoying full medical coverage, having access to pension programs, and enjoying free education reimbursement plans.

Thanks to the Turkish citizenship by investment program that was launched in 2017, foreigners can purchase property in Turkey. The current quote is $250,000 in property to be eligible for the program.

That being said, investing in property is a lot more than pointing at a random piece and buying. You need to know where you wish to purchase and why. For example, most foreigners prefer to purchase property in leading provinces such as Antalya, Bursa, and Ankara.

Besides location, the price also plays an important role in the selection process.

The closing costs are very important and can be broken down as follows:

• Real Estate Valuation Report which varies between 1.500 TL and 4.000 TL.
• Taxes and Legal fees: By law in Turkey, the VAT rates are set at 1%, 8%, and 18%. Residential property in a net area of less than 150m2 will generally pay 1% VAT while those with a net area of more than 150 m2 will part with an 18% VAT. For residential property that is between 500 TL/M2 and 1000 TL/M2, an 8% VAT is expected. Commercial properties are set at 18% regardless of m2. That being said though, an investor can enjoy VAT exemption as long as they meet conditions stated by law. For example, if you don’t have a residence address in Turkey, you may be eligible for the exemption. Also, the building to be bought must have a building license and the money for purchase has to be deposited from abroad.
• Title Deed Fee (TAPU Harci). This fee is set at 4% of the sales price. Depending on the sale terms, it can be split between the buyer and the seller or it can be paid entirely by the buyer (usually happens when buying from an individual). 
• Circulating Asset payment: This payment depends on the provenience and varies between 90 TL and 450 TL.
• Service Fee which is determined by the Ministry annually. As of 2020, the decided service fee is 750TL.

Besides the closing costs for property purchase, there are after-sale costs to consider. A yearly property tax is levied on all properties and varies between small and big cities. For example, the yearly property tax for residential properties in big cities is set at 0.2% while that in small cities is set at 0.1%. For commercial properties, it is set at 0.4% for big cities and 0.1% for small cities. For a piece of land in a big city, you will be looking at a 0.6% tax while a small city will call for a 0.3% tax. For farms in big cities, the tax is set at 0.2 % while in small cities; it is set at 0.1%.

There is also compulsory Insurance (DASK) which covers things such as natural disasters. This fee varies between 100 TL and 300 TL (depending on the property size)  and is paid annually.

Other fees to consider include the Agency fee (standard at 3%; but some agencies offer this service for free), rental income tax as well as the notary public and translator fees.

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source https://elmaslarrealestate.com/property-costs-for-turkish-citizenship

Turkish Passport Benefits

Benefits of Turkish Passport

Generally speaking, Turkey is a country with a very dynamic economy. It is a paradise for those who love to work and produce. In near future, Turkey is likely to become the hub that connects modern European civilization and ancient cultures. Turkish individuals have an exceptional value across the globe and the doors of those countries are always opened for their products as well as the exports.

 

As of today, becoming a Turkish citizen is a common dream for many individuals. Those who hold a Turkish passport can consider it pride or a precious gift that opens up a wider array of opportunities. Also, it gives them the feeling of being owned by a nation that has a great history and a bright future. Thanks to the latest regulations introduced by the Turkish government, getting Turkish citizenship through real estate investments has become easier and the opportunities are many.

 

Benefits of having a Turkish Passport

Here are some of the most notable benefits an individual can enjoy by having a Turkish passport.

• Impressive quality of life
• Accessibility to free and advanced education opportunities
• Experience of excellent health facilities
• Safe and secured environment for family members
• Maintain the confidentiality of the assets you own
• You have the option of being exempted from military service (through TCBI application)
• Have the opportunity to enjoy mouthwatering Turkish cuisine (one of the finest and unique cuisines in the world)

 

The strategic importance of Turkey

Turkey comes with unique strategical importance because of its geographical location – placed perfectly between Europe and Asia. For a very long period, Turkey was playing the role of a bridge between different types of cultures and civilizations in those two regions. That role is likely to be more important in the future considering global affairs. In addition to that, it is considered to be one of the most important parts of the trade route between Eastern and Western parts of the world.

 

On top of that, Turkey works as an “energy corridor” and a landmark in the massive oil pipeline project. It provides perfect conditions for projects like agriculture and animal husbandry because of the heavily fertile soil. The climatic conditions are very comfortable in Turkey compared to many other places on earth.

 

Istanbul, being the capital, is the most developed city in Turkey. It is also the most densely populated city in Turkey. Moreover, Istanbul is considered to be a prominent destination for Islamic people across the globe.

 

The climate in Turkey is unique. Naturally flowing water, greener surrounding, beaches, and plenty of sunlight are among the many natural attractions in this wonderful country.

 

When it comes to Turkish people, they are very friendly and pleasant even towards visitors. Their culture is enriched with the relationships between Iranians, Arabs, Kurds, and even Europeans.

 

So, obtaining a Turkish passport is not only beneficial in terms of financially but also an opportunity to live in a unique country with excellent living conditions.

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