2024-04-18
24 views
The Risks of CBI Real Estate "Financing"
One World CEO Anastasia Barna discusses the inherent risks of the “financing scheme” within the Caribbean Citizenship by Investment (CBI) real estate option.
Starting next year, real estate revaluation for sales and purchases in Turkey becomes compulsory
2022-12-16
5698 views
What does this mean?
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.
What will change for foreigners?
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.
What will change for local residents?
For Turkish property owners, the new rules mean an increase in taxes on any sale or purchase transaction.
Another articles
2024-03-27
415 views
4 Caribbean countries signed a Memorandum on setting the minimum threshold to $200,000
Four of five Caribbean countries with CBI programs, namely Antigua and Barbuda, Grenada, Dominica, Saint Kitts & Nevis, signed a memorandum of understanding (MoU) to set the minimum threshold to $200,000 and collaborate on specific aspects.
2024-03-14
96 views
What to expect in the Turkish market in 2024
With Turkiye you will have an opportunity to come one step closer to the business and real estate market in Eurasia, that is full of entrepreneurial opportunities and innovative ideas. The country boarders with a great range of countries, thus, suggesting new opportunities to people for efficient entrepreneurship and business development.
Grenada
from $150,000
3-6 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
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
from $15,000
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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Discover new opportunities
For more information, the cost of services and an appointment for a personal consultation, please contact the company's representatives
Start applying for citizenship
