
Interview with CEO of CBC Mr. Slava regarding the Canadian Startup Visa
Questions and explanations regarding the Canadian Startup Visa.
Currently, the cadastral value of real estate is significantly lower than the market value. From 2023, a revaluation is to be carried out in which the cadastral value corresponds to the actual value.
One of the reasons why foreigners buy real estate in Turkey nowadays is to acquire citizenship.
Citizenship is granted to the investor upon the purchase of a residential property valued at $400,000 or more. The passport program takes into account the cadastral value.
Due to the undervalued cadastral value, the choice of buyers is limited to new buildings in Istanbul and Antalya, as these exceed the threshold for citizenship.
The new law will significantly increase the number of properties that can be acquired for citizenship. Accordingly, obtaining a passport for investment will become easier.
For Turkish property owners, the new rules mean an increase in taxes on any sale or purchase transaction.
Questions and explanations regarding the Canadian Startup Visa.
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.
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).