The Closure of Immigrant Investor Programs in the EU: Is Turkiye the Next?
Ireland has recently become the second EU country to put an end to its Residence by Investment (RBI) program, following Portugal’s closure of its Golden Visa program on February 18th. This decision by EU governments leaves investors who were looking to gain European citizenship in a difficult position.
However, there is still hope for investors looking to gain citizenship through an RBI program. Turkiye, one of the few countries that offer a Citizenship by Investment Visa, is increasingly becoming a popular destination for those looking to immigrate. With the Presidential election coming up in June 2023, now is the ideal time for investors to purchase property and apply for their Turkish passports.
Although the Turkish Citizenship by Investment Visa is a viable option, it is important to note that the laws of the program might change after the election. This makes it essential for investors to take action as soon as possible in order to ensure that their investment remains secure.
Make sure to take action promptly because if you’re really willing to obtain Turkish citizenship or invest in the Turkish real estate market, hesitation will probably result in the loss of this opportunity.