Turkey
Turkey is officially known as the Republic of Turkey, Turkey is a bridge between Asia & Europe making it a unique blend of diversified cultures. Istanbul is the largest city of Turkey and the capital is Ankara. Turkey is a member of the UN, NATO, IMF & World Bank. Turkey passport allows visa free travel to 121 counties. Short processing time makes it an attractive package. Turkey also holds out the possibility of eventual visa free access to the EU. Currently talks are ongoing although Turkey has some way to go in order to meet EU conditions.
St. Lucia Citizenship Benefits
- Visa- free travel to 133 countries
- No tax on global income
- Allow Dual citizenships
- No tax on wealth & inheritance
- No capital gains tax
- Mentally/physically challenged dependents can be included
Why Turkey
Turkey is a nation straddling eastern Europe and western Asia with cultural connections to ancient Greek, Persian, Roman, Byzantine and Ottoman empires. Cosmopolitan Istanbul, on the Bosphorus Strait, is home to the iconic Hagia Sophia, with its soaring dome and Christian mosaics, the massive 17th-century Blue Mosque and the circa-1460 Topkapı Palace, former home of sultans.
Crystal clear waters, tall mountains, the ruins of ancient empires, small idyllic villages, huge cosmopolitan cities—Turkey’s many facets are what make it so unique and why it has continued to attract visitors. Culture Trip takes a look at some of the best reasons to book your trip.
Capital city
Castries
Currency
Turkish Lira (₺) (TRY)
Population
82,003,882 approx.
Nearest country
Greece & Bulgaria
Official language
Turkish
Total area
783,356 km2
Prominent Visa free countries
Azerbaijan, Belarus, Belize, Bolivia, Ecuador, Iran, Kosovo, Kyrgyzstan, Jordan, Lebanon, Mongolia, Morocco, Qatar, Russia, Tajikistan, Thailand, Tunisia, Turkmenistan and Uzbekistan.
Citizenship By Investment
Real Estate Investment- Turkey announced its citizenship by investment program in recent years. It grants residency, citizenship and a second passport to applicants investing either in real estate or a bank deposit. The real estate investment is as low as USD 250,000. The applicant must hold the investment for a minimum of 3 years. Citizenship of Turkey is granted after 3-6 months following the applicant’s investment.
Bank Deposit- The bank deposit route is particularly attractive for investors. This requires $500,000 to be deposited into a bank account in Turkey which then needs to be maintained for a minimum of just 3 years. Importantly this investment can be in US Dollars. Retaining liquid funds in this way leading to a second citizenship ranks Turkey as one of the lowest cost citizens by investment program on the market.