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As Bodrum shows up on more and more radars, luxury hotel and residence developments are moving in quickly. That makes finding quality properties for $250,000 harder.
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More than half of acquisitions took place in Istanbul alone, and only 20% of the sales to foreigners were related to the citizenship program.
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“We’ve seem a sharp increase in CIP investors asking for our assistance after their applications were mishandled or incorrectly filed.”
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Hany Mostafa Moawad has undertaken an extensive Q&A session with Egypt’s newly established citizenship by investment unit.
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CIP Turkey goes the extra mile in helping clients invest in Turkey, gain citizenship via crypto, and to build a new life for their clients.
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İsrafil Kahraman recounts five anecdotes of investors who had their Turkey citizenship applications rejected because of simple mistakes.
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All together now: “The UAE does not have a citizenship by investment program.”
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The UAE says it will naturalize investors. Industry leaders are cautiously optimistic about the new law, and ready to assist in making it a program.
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The UAE will begin granting citizenship to investors and specialists. As constituted so far, however, the policy does not amount to a CIP.
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This may offer some suggestion as to how a passport that offers 51 visa-free destinations can command average investment of nearly US$7m.
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The UAE government is extending the welcome under the golden visa to all doctors and a wide range of engineers and scientists.
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Jordan this week reported its citizenship by investment program has raised US$1.38bn from just 200 investors. Now, they’re cutting prices.
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As manufacturing in China becomes difficult and expensive thanks to the Sino-American trade war, Turkey’s economy is emerging as a big winner.
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Principle #3 – Listing the number of dependents is a complicated affair in Polygamous societies.
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Egypt is set to open the world’s 13th formal citizenship by investment program, with minimum investments starting at US$250,000.
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2,611 investors and 7,351 dependents have obtained citizenships by investment under Turkey’s CIP since the price cut in September last year.
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What had initially been a residency program with a path to citizenship is shaping up to become a bona fide CIP without the need for a residence period.
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Samuel thanked the Sharjah Directorate of Residency for “their initiative to contact him and introduce him to the golden visa system.”
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From black gold to golden visas: Saudi Arabia wants to cut reliance on oil and capitalize on its 12 million foreigners by offering them permanent residency.
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Jordan has granted 21 citizenships in exchange for investors since 2018 – mostly to Syrian and Iraqi applicants – but the rejection rate remains remarkably high.
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