Turkish Bar Association Calls for Abolition of CIP, Files Case in Supreme Court
The association argues that giving citizenship a dollar-value “has made the concept of citizenship abstract and alienated from its essence.”
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MENA
UAE Makes Sweeping Changes to Visa Rules to Attract Capital, Talent, and Long Term Settlers
Investment-based visas are now valid for 10 years and at much lower minimum investment requirements than in the past.
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Turkey Citizenship Program to Raise Minimum Investment to US$400,000 for Real Estate
Turkish ministers have reportedly decided in a recent meeting to change the program regulations and raise the minimum investment requirement.
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Turkey’s Citizenship by Investment Program Remains Open to Russian Investors
As Russians are increasingly excluded from residence and citizenship by investment programs globally, Turkey’s CIP remains open.
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FDI Levels in Turkey Hit Five Year High As Investors Seek Geopolitically Secure Assets
In a world of supply chain disruptions, insecure shipping lanes, and a trend towards near-shoring manufacturing, Turkey is thriving.
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RIF Trust Appointed IMC’s Regional Rep. in Middle East: Will “Uphold Code of Ethics” and “Lead by Example”
RIF Trust, the IMC’s new regional representative for the Middle East, will support local industry practitioners – and keep an eye on them too.
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Pakistan PM Instructs Officials to Work on Citizenship by Investment Policy
The Board of Investments, which raised the proposal, specifically hopes to garner investment interest from HNWIs in neighboring Afghanistan.
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Time Magazine Names Bodrum Among “World’s Greatest Places”: Finding $250k Homes Now Harder Than Ever
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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Turkey: Home Sales to Foreigners Up 107% YoY in May – Overseas Buyers Forecast to Inject US$7 Billion in 2021
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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Is Every Turkish Real Estate Broker Also a Citizenship Agent Now?
“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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Everything You Need to Know About Egypt’s New Citizenship by Investment Program
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 Takes the Term “Full-Service Provider” Literally
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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Cautionary Tales from the Turkey CIP: Avoid These 5 Common Mistakes
İsrafil Kahraman recounts five anecdotes of investors who had their Turkey citizenship applications rejected because of simple mistakes.
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Dubai-Firm Duped Investors With $10,000 “Processing Fee” for Non-Existent UAE Citizenship Program
All together now: “The UAE does not have a citizenship by investment program.”
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UAE’s New Citizenship Law: “Big Questions Unanswered”
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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UAE Announces Merit-Based Naturalization, Also for Investors, But It’s No CIP
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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200 Out of 206 Jordan CIP Applications Pertained to “Existing Projects”
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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After Raising AED100 Billion in 1st Year, UAE Extends “Golden Visa” to Doctors, Computer Scientists
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 Halves the Price of Its CIP Despite Reported Avg. Investment of US$6.9m
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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Asian CIP Investors Drive Manufacturing Boom in Turkey as Sino-US Trade Tensions Grow
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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