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HomeFinanceTurkey vs Malta Citizenship by Investment Programs

Turkey vs Malta Citizenship by Investment Programs

Resort countries have recently become increasingly attractive to wealthy people with their business and investment conditions. For those wishing to get legal residence in another country, where they will be provided with all the benefits of the state with the possibility of rest without time restrictions and doing business, it is possible with the help of special programs. To buy real estate, make a business investment or contribute to the economic sphere of the country – this is all about how to get a residence permit in Turkey or Malta.

We will tell you about the benefits of the program and how to obtain citizenship by investment in Malta and Turkey. We will explore all the requirements and conditions through a comparison method.

Turkey citizenship by Investment Program

Turkey is a country where influential investors have a lot of opportunities. Turkish citizenship by investment is considered one of the most popular programs. Also, do not forget that this state is a resort. From all over the world, people come here to see the banks of the Bosphorus, the Cathedral of St. Sophia and the majestic Blue Mosque of the XVII century.

Using the financial possibilities, investors can choose a more acceptable option for themselves and invest a certain amount of money. Obtain Turkish citizenship and you will be able to conduct profitable activities and visit other countries.

Requirements

In order to participate in Turkey CBI, you must choose an option that will make your desire to become a Turkish citizen a reality. There are several options:

  1. Buying $400,000 worth of residential or commercial real estate. The investor has no purchase restrictions, so you can buy several properties at the same time.
  2. Create a deposit in a bank in Turkey in the amount of half a million dollars for a period of at least 3 years. 
  3. Buying bonds from the country. Investors have the opportunity to receive dividends, which is a great advantage.
  4. Create and register a company in Turkey with at least 50 jobs, a period of 3 years.

Choosing a more lucrative option, you can not only work and earn an income, but also enjoy holidays with your family in one of the most comfortable countries.

Benefits

An important factor in the program is its fast and straightforward application process. According to Elena Ruda, a leading specialist of the Immigrant Invest agency, program participants can appreciate the main advantages of CBI:

  • receiving a passport in six months;
  • participation in the program for all family members;
  • no residency requirements;
  • travel to 110 countries without any additional conditions;
  • a chance to immigrate to the United States;
  • permission to be a dual national;
  • a high standard of living.

Immigrant Invest employees stipulate in advance the fact that all investments can be returned after three years, if the document holder of a Turkish resident so wishes.

Malta Citizenship by Investment Program

The Malta CBI is an official state program that provides the opportunity to invest money in the development of the country’s economy with the subsequent receipt of a passport. The important fact is that the participant must be of legal age, have an impeccable reputation and fulfill the conditions stipulated by law. It can be obtained through naturalization from 1 to 3 years or by merit. Prior to the first case, the applicant and all his family members acquire a special status with a residence permit. After that, everyone can submit documents and receive the long-awaited permission to stay legally in the country.

Requirements

The state in the Maltese archipelago between Sicily and North Africa provides special requirements that allow you to obtain a passport. There are several options to take part in the Maltese citizenship by investment program:

  1. Investing in the development of the country on an economic and social level. The amount must be at least 600,000 euros.
  2. Purchase of real estate or its lease. The cost of purchase must be 700 000 euros, and the price of renting a living space of 16 thousand euros per year.
  3. Charity. A participant in the program must donate 10 000 euro to an organization that operates in Malta and approved by the Community Malta Agency, CMA.

According to the statistics of applications submitted through Immigrant Invest, all investors holding Maltese passports were satisfied.

Benefits

In addition to the fact that you can stay in a resort country with the whole family and have an income from investments, there are a number of advantages that attract wealthy people. These include:

  • the ability to visit the U.S., Canada and the U.K. visa-free;
  • free quality medicine;
  • residence in any country of the Schengen area;
  • doing business in any EU country;
  • no waiver of first citizenship;
  • providing education for children.

After passing all the stages provided by the program, you can enjoy all the benefits and start a new life in a progressive country.

Conclusion

To make the right decision and make a profitable investment, you should choose the best agency that has extensive experience working with investors. Immigrant Invest simplifies the application procedure and requires minimum effort from the client without hidden costs and inconveniences. More detailed information can be found on the official online resource.

Syandita Malakar
Syandita Malakar
Hi guys this is Syandita. I started Business Module Hub to help you all to post updated articles on technologies, gadgets. Although I love to write about travel, food, fashion and so on. I quite love reading the articles of Business Module Hub it always update me about the new technologies and the inventions. Hope you will find Business Module Hub interesting in various way and help you accordingly. Keep blogging and stay connected....!
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