
The Cyprus Tax System: Features, Pros, and Cons
For those planning to open a company or relocate to Cyprus, it is important to understand how the tax system works and what benefits it can provide.
To qualify for Turkish citizenship through real estate investment, you must purchase property or properties in Turkey that total at least $400,000. This investment threshold is set to ensure significant economic contribution from those applying for citizenship under this scheme. Once you've made the investment, you must hold the property for at least three years, as part of the conditions stipulated by the Turkish government.
The process of obtaining citizenship by investment typically takes between 6 to 8 months, during which your application and supporting documents are reviewed. This includes verifying the value of the real estate through an approved appraisal company and ensuring all legal requirements are fulfilled.
This route to citizenship not only allows you to gain a second passport but also provides the benefits of living and working in Turkey, alongside visa-free travel to numerous countries that Turkish citizens enjoy.
For those planning to open a company or relocate to Cyprus, it is important to understand how the tax system works and what benefits it can provide.
In this article, we'll take a detailed look at what a green card is, the rights and responsibilities it provides, how to obtain one, and the pros and cons of permanent resident status.
BIG UAE Visa News! ICP introduces new visas for AI experts, entertainment, events, and cruise tourism. Updated rules for visiting family, business, and humanitarian cases.