WORLD News

The Chinese exploitation of Turkish citizenship to more easily obtain US/EU residency permits

In order to circumvent strict norms put in place by the United States, rich Chinese people are on the lookout for easier alternatives to acquire the US citizenship.

They have recently discovered that obtaining Turkish citizenship first would make it easier for them to acquire US citizenship.

Chinese websites and social media platforms are flooded with advertisements for obtaining Turkish citizenship.

These advertisements underline that the alternate way to obtain US Citizenship is by first obtaining Turkish citizenship which can be acquired through an investment of at least USD$250,000 in property.

READ MORE: Turkey’s economic crisis: “People are hungry, I’m sick because I do not have heating.”

The advertisements emphasise that it is possible to go to America and other western countries easily after obtaining Turkish citizenship.

The tagline of ads reads, “if you buy real estate, all your family members get their passports as gifts.”

As a result of China’s strained relations with the USA and many European countries in recent years, it has become difficult for Chinese citizens to obtain a residence permit in Western countries.

One Chinese real estate consultancy firms that deals with real estate sales from Turkey, emphasises in one of its advertisements that for Turkish citizenship, “Britain is the best springboard for settling in developed countries, such as the USA.”

The expressions used in the advertisements for Turkish citizenship published in China are as follows: “AFTER YOU BUY THIS, YOU CAN GO TO THE USA.”

The advertisements highlight the features of the Turkish passport: It can only be earned by buying a house for USD$250,000.

• It is a cheap and simple process, and it has two great advantages: It is the best springboard to go as an immigrant to developed countries such as the UK and the USA. After obtaining a Turkish passport, you can go to the USA as an immigrant with an E2 investor ID.

• E2 is a visa issued by the USA only to countries with mutual trade partnerships. After you get Turkish Citizenship, you can commute to and from the USA, you can live in the USA. Your spouse can work in the USA. Your children can study in American schools.

• Turkey is a country that has a trade partnership with the US. The E2 visa is the country’s most issued visa. It can take 500-600 people every year.

• If you get a Turkish passport, you can go to England with a business visa. The UK government allows Turkish citizens to engage in business. A 1-year commercial visa can be obtained on the first application. After five years, the right to stay in the UK indefinitely can be earned. After getting a business visa from the UK, your children can study in the UK. They can study for free in public schools.

• You can earn a Turkish passport with very simple transactions, just by buying a house. You don’t need to go yourself. If you buy real estate for 1.600 million yuan (USD$250,000), all your family members will be given passports. It does not ask for any documents. You can complete the transactions without leaving home.

It is recalled that a Turkish passport guarantees visa free travel to over 100 countries. You can get an E2 visa to the US with it.

Turkey has provision vide, in which a foreigner can obtain Turkish nationality on the basis of certain amount of investment in real estate, capital investment, by way of business generating employment for Turkish nationals, or by investing in Treasury bonds or any type of government loan instrument.

In 2018, with a legal regulation, the lower limit of real estate investment, which is one of the options for citizens of other countries to obtain Turkish citizenship, had been reduced from USD$1 million to USD$250,000.

However on January 06, 2022, the regulation on the ‘Implementation of the Turkish Citizenship Law’ was amended and the investment values were enhanced.

The Turkish government facilitated the regulation for foreigners to acquire Turkish citizenship in a bid to support the Turkish lira.

However, China is exploiting this provision of Turkey, whereby Chinese citizens are purchasing real estate in Turkey or making a fixed capital investment to obtain Turkish citizenship.

This is in order to bypass the difficulty its citizens face in obtaining the residence permit in western countries.

READ MORE: Erdoğan’s plan to take the jewellery of Turkish citizens.

Advertisment

This post was last modified on January 25, 2022 11:51 pm

Copyright Greek CIty Times 2022
Published by
Athens Bureau

Recent Posts

ALEXIS GEORGOULIS: From the film set to the political arena

International audiences first fell in love with Alexis Georgoulis in the 2007 romantic comedy My…

42 mins ago

Alexandra Pappas homeware brand brings Mykonos home

Greek City Times has caught up with Alexandra Pappas, creative director of homeware brand No.22,…

1 hour ago
Advertisment

Symposium celebrates 50 years of Greece, China diplomatic relations

A symposium celebrating 50 years of Greece - China diplomatic relations was held at the…

1 hour ago

Greece should not fear Turkish aggression, Europe protects her: Romano Prodi

Greece should not fear Turkish aggression for it has the protection of Europe said former…

2 hours ago

Iran seizes 2 Greek-owned & flagged tankers in retaliation for Iranian oil seized off Greece

The Greek Foreign Affairs Ministry submitted a strong demarche to Iran's ambassador in Athens concerning…

5 hours ago