In this article, we will explore an interesting topic, which is countries that grant citizenship in exchange for buying a property on their territory obtaining citizenship in some countries is considered a complex and lengthy process, but in recent years, some countries have appeared that have introduced programs to obtain citizenship faster and easier through real estate investment, so let's get to know these countries together and we wish you an enjoyable reading.
8 countries grant citizenship in return for buying a property on their land
The following is a list of countries that grant citizenship in exchange for buying a property on their land:
Turkey
Turkey is one of the famous countries that offers a unique program for naturalizing foreigners and granting them the right to citizenship in the country by purchasing real estate inside the country with a value of no less than 400 thousand US dollars, with the condition that the property not be sold for 3 consecutive years.
Cyprus
It is an island country located in the Mediterranean Sea and is a member of the European Union and the Eurozone Cyprus is characterized by its program that allows granting its citizenship to foreigners through the purchase of real estate and according to this program, Cypriot citizenship is granted to foreigners who own real estate with a value of not less than 2 million euros.
Grenada
It is a country in the Caribbean, where citizenship and a passport are granted to foreigners who buy real estate in Grenada with a value of at least $220,000, with no possibility of reselling the property for 5 years.
Spain
It is one of the member states of the European Union and provides a unique citizenship program for foreign investors this requires the foreigner to own real estate in the Kingdom of Spain with a value of at least 500,000 euros, as a result, permanent residence is granted to the foreigner for the duration of his ownership of the property, and after 8-10 years of residence, the foreigner has the right to apply for and obtain citizenship.
Saint Kitts and Nevis
It is a country in the Caribbean, consisting of a federation of two islands and the country offers a special program to grant citizenship to foreigners, by purchasing real estate in the country with a value of no less than 200 thousand US dollars and then committing not to sell the property for 7 years.
Dominican
It is a country in the Caribbean that provides laws that allow the granting of citizenship to foreigners who purchase real estate approved by the government in the country with a value of not less than 200 thousand US dollars, without incurring other costs related to purchasing the property and obtaining citizenship.
Antigua and Barbuda
It is an island located in the Caribbean in the middle of the Americas and the island bears the status of a member state of the United Nations Antigua and Barbuda is one of the countries that grants its citizenship to foreigners who buy real estate approved by the government in the country with a value of not less than 400 thousand US dollars, with the possibility of selling the property for 5 consecutive years.
Saint Lucia (Caribbean)
There is an island in the Caribbean near the coast of Caracas, the capital of Venezuela, that has the status status of an independent official entity and is recognized as a state this island is characterized by a distinctive tropical climate and offers its nationality and passport to foreigners who buy real estate in it with a value of no less than 200 thousand US dollars, with a commitment not to sell the property for 5 years.
Advantages of obtaining Turkish citizenship by purchasing a property
- The right to permanent residence in Turkey.
- The right to roam and travel freely in Turkey without the need for a visa.
- The right to work and invest in Turkey without restrictions.
- The right to legal protection and benefit from the Turkish judicial system.
- The right to education and teaching in Turkish institutions.
- Access to health services and medical care in Turkey.
- Obtaining health insurance for the investor and his family.
- The right to buy and own other real estate in Turkey.
- Obtaining a Turkish driving license.
- The right to establish a company and benefit from the thriving economic environment in Turkey.
- Access to banking and financial services in Turkey.
- The right to apply for Turkish citizenship for immediate family members (husband and children).
- The right to obtain a Turkish passport and travel freely to many countries.
- Access to educational and cultural programs for Turkish citizens and more educational opportunities for children.
- Obtaining tax exemption on income generated outside Turkey.
- Obtaining the possibility of registration and social insurance in Turkey.
- Obtaining real estate property rights under Turkish laws.
- Access to public services such as water, electricity, and gas at the prices of citizens of Turkey.
- The right to vote and participate in local and parliamentary elections in Turkey.
- Obtaining consular support and diplomatic protection by Turkish embassies abroad.
- The right to protect property and investments in Turkey.
- Obtaining many economic and commercial privileges.
- The right to join associations, trade unions, and organizations in Turkey.
- Access to social, cultural, and sports services in Turkey.
- The right to benefit from educational and academic programs and grants in Turkey.
- Obtaining the possibility of health and retirement insurance in Turkey.
- The right to participate in government programs and economic projects in Turkey.
- Obtaining job and employment opportunities in the government and private sectors in Turkey.
- The right to create bank accounts and benefit from banking services easily.
- Obtaining the right of permanent residence for future generations of family members in Turkey.
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