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Turkey offers Turkish Citizenship by Investment (TCBI). Investors are required to purchase real estate worth at least US$400,000 and hold it for 3 years or deposit US$500,000 in a bank in Turkey for a period of 3 years. Upon investing as above and submitting citizenship application duly, a Turkish passport is granted typically within 6 months.
The distinction between the meaning of the terms citizenship and nationality is not always clear in the English language and differs by country. Generally, nationality refers to a person's legal belonging to a sovereign state and is the common term used in international treaties when addressing members of a country, while citizenship usually means the set of rights and duties a person has in ...
Malta. Another archipelago, Malta is a prime pick for expat property investment. ... Turkey’s Citizenship by Investment Program allows individuals to apply for citizenship after purchasing real ...
The country of Vanuatu first started their citizenship by investment ... There's also an opportunity to lease a residence for at least five years for €10,000 per year in South Malta or Gozo, or ...
In 2013, Henley & Partners participated in a public tender and won the right to design and globally promote Malta's citizenship-by-investment program, the Malta Individual Investor Programme (IIP), which raised over $1 billion within 18 months of its launch. [37] However, the public tender was not competitive. [38]
The citizenship-by-investment program and the relationship between Henley and the Malta government was criticized at the time. [34] Critics in Malta argued that the concessions to Henley were overly lucrative and may have entailed conflicts of interest. [34] Henley received 4% of each donation, which meant €26,000 per application for ...
In 2011, immigration contributed to 4.9% of the total population of the Maltese islands in 2011, i.e. 20,289 persons of non-Maltese citizenship, of whom 643 were born in Malta. In 2011, most of migrants in Malta were EU citizens (12,215 or 60.2 per cent), predominantly from the United Kingdom (6,652 persons).
The procedure is overseen by the Citizenship Unit of the government's Identity Malta Agency. [9] The number and background of persons granted Maltese citizenship based on investment is unknown, as the Maltese government does not publish such data. Malta's Data Protection Commissioner confirmed that the publication of the number of passport ...
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