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Interview with CEO of CBC Mr. Slava regarding the Canadian Startup Visa
Questions and explanations regarding the Canadian Startup Visa.
How much money should be in the account for a residence permit in Turkey?
2024-06-25
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When applying for a short-term residence permit in Turkey, financial stability is an important criteria to demonstrate your ability to support yourself (and any dependents) during your stay. After the initial six months, when you're eligible to apply for a residence permit extension for one or two years, you do not need to make additional financial deposits. However, it is crucial that you have sufficient funds remaining in your account at the time of application.
The specific requirements are:
- For adults: A minimum of 6,500 Turkish Lira per adult.
- For children: A minimum of 3,250 Turkish Lira per child.
These amounts are intended to show that you can cover living expenses without the need for employment in Turkey, which is typically not permitted under this type of residence permit unless specified. It's advisable to maintain these minimum balances as proof of financial capability throughout your stay, ensuring smooth renewals and compliance with Turkish immigration policies.
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EU bans Malta from selling citizenship: Court finds 'golden passport' program illegal
The European Court of Justice has handed down a historic ruling ordering Malta to completely end its citizenship-for-investment program. The judges ruled that the sale of EU passports was contrary to the principles of European law and undermined trust between member states.
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Uzbekistan introduces “golden visa”: new rules for obtaining residence permits for foreign investors
From June 1, 2025 Uzbekistan will launch a “golden visa” program - residence permit for $250,000 without mandatory purchase of real estate. Investors will receive a residence permit for 5 years with the possibility to include family members (additional payment of $150,000 per person).
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Citizenship programs
Grenada citizenship program
from $235,000
6-8 months
Obtaining Grenadian Citizenship by investment program grants the right to live and work in Grenada at all times, the right to vote in elections and all rights associated with membership of the Caribbean Community (CARICOM).
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Turkey citizenship program
from $400,000
4-6 months
Cosmopolitans can get a second citizenship for investing in the country's economy from $400,000. There are five options to choose from: buying real estate, investment fund shares or government bonds, participating in the fixed capital of a Turkish company, opening a deposit in a Turkish bank.
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UAE Residence Program
from $5,000
2+ weeks
Majestic skyscrapers, luxury hotels and shops, beaches and summer all year round. Building a business career in the UAE is prestigious.
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