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A comparison will be made between Turkish and Caribbean citizenship, given that these two programs have different and unique advantages, and they differ in many features.
There are many programs to obtain second citizenship by investment. But there are a few that stand out. Today we have selected the two most popular citizenship programs for comparison.
First, let’s provide a simple overview of what citizenship by investment means. What are its requirements and what are its benefits to the investor.
The citizenship by investment program is that program that allows its owner to obtain citizenship by investing in it.
Investment methods are divided between real estate investment, non-refundable contribution, stock purchase and many other methods.
The benefits of obtaining citizenship by investment are many, the most important of which are:
History of citizenship by investment programs
The first citizenship-by-investment program was established in St. Kitts and Nevis in 1984, and others have followed.
Since then, citizenship programs have been trying to be the best. They, from time to time, enact and repeal laws for the benefit of the investor and for themselves.
The second reason we chose to compare Turkish and Caribbean citizenship, besides the fact that they are two distinct programs. It is both countries ideal to apply for their programs at present. Because there is great potential for systems change, including the citizenship program.
Because the Turkish government will be subject to a new electoral system in May 2023. which has been enjoying a stable government for several years. It is the government that developed and facilitated the citizenship program to attract rich people and businessmen from different countries of the world.
We do not know what the rule of the new Turkish government will be in the event of change. It is likely that this program will be canceled or at least changed.
For Caribbean citizenship programs, they have provided facilities for a fixed period of time to obtain their own passports.
The citizenship programs there are close to ideal. And in light of the fluctuations that all countries of the world are going through and their policies that are also subject to change, it is also likely that things will change. Knowing that these programs are the oldest in the world. Which began in St. Kitts, as mentioned, in 1984, followed by Dominica in 1993.
For these reasons, we must consider and apply today for these two outstanding programs. As the saying goes, don’t put off today’s work for tomorrow.
What we have mentioned is not enough to know the content, requirements and advantages of each program. In the following lines, a comparison between Turkish and Caribbean citizenship will be made in detail. You will decide which is better.
First of all, let us know which countries offer these two programs. Türkiye is famous for its geographical location as water, land and air. It is a country with different cultures and its people speak the Turkish language.
The Caribbean Islands are a group of islands located between South and North America. It belongs to the British Commonwealth, and its inhabitants speak English.
Türkiye combines history and modernity and enjoys a different climate. On the other hand, the Caribbean countries have about 7,000 beautiful natural islands with a tropical rainy climate.
This is the focal point and it pretty much determines which of the two programs is better. Türkiye ranks 58th on the most powerful passport in the world. With the possibility of entering 111 countries without a visa, the most important of which are Japan, Singapore, Hong Kong and Qatar.
As for the Caribbean countries, they occupy positions between 28 and 33 in the most powerful world passports. With the possibility of entering about 140 countries without a visa, led by Britain, China and all Schengen countries. When you obtain a passport from a Caribbean country, you will automatically reside in all other Caribbean islands and countries.
Both nationalities offer excellent tax systems without taxes on foreign trade, gifts and wealth. It is worth noting that Türkiye occupies advanced positions among the most powerful economies in the world. With the possibility of opening companies and tax accounts in Turkey and the countries that the Turkish passport holder enters. With Turkish citizenship, the investor can apply for a 10-year US work visa.
The countries that the Caribbean passport enters are stronger. For example, when you have a Caribbean passport, you can enter China and all Schengen countries without a visa. In addition to the possibility of residing in Britain for a period of 6 months each year. And the possibility of obtaining a US work visa. Canada and Australia are also easily accessible due to being in the British Commonwealth Union. Hence the possibility of opening and expanding companies in any of the countries we mentioned.
With the Turkish passport, you can add the children under the age of 18 and the spouse in the same file. Both passports will be passed down to future generations.
As for the Caribbean nationality, it allows you to add children under the age of 18 and a spouse, as is the case with the Turkish file. In addition to adding children under the age of thirty who are studying at a university, siblings, parents and grandparents.
The two countries have similar demands. The individual must invest in one of the available programs, which we will mention below. The investor must be at least eighteen years of age and be in good health. He has to prove that the money used in the investment is clean and that he is not wanted in the courts or has criminal cases.
Both countries accept dual citizenship. Almost all nationalities can apply for their programs.
This point is also important. Türkiye has many ways to invest in order to obtain Turkish citizenship. The most important of which is a real estate investment of $400,000, with the property not being sold for 3 years.
And investment by buying stocks or bonds or depositing an amount in the bank in the amount of 500 thousand dollars. And to keep these investments for a period of 3 years.
Caribbean nationality is the lowest in the world. An individual can obtain a Caribbean passport with a non-refundable contribution of $100,000. and a real estate investment of $200,000. It must not be sold for 5 years. With other investment methods that depend on the investor’s preference.
Like what the two programs share the terms. Here, too, they share the same, more favorable requirements than other programs in other countries.
Both countries do not require residency before and after obtaining citizenship. They also do not need any interview or test of any kind while obtaining their citizenship. With the possibility of obtaining their nationalities at a time ranging from 4 to 6 months.
After comparing Turkish and Caribbean citizenship, we see that there are similarities in the requirements and conditions for obtaining citizenship for both programs. But in terms of passport strength, Caribbean citizenship is much stronger than Turkish citizenship. With the ability to enter 140 countries without a visa. Which includes all Schengen countries, Britain, China and many other countries.
But the answer to this question is with you, dear reader. After reading this article and after seeing your requirements and what these two programs have to offer, you will decide which one is better.
There is also an important note and advice from me to you, which is that the Turkish citizenship program is suitable for people who want to develop their business and live in Turkey. Because Türkiye is suitable for living. Given that the Turkish passport does not allow you to enter the heavyweight countries of the world without a visa.
As for the Caribbean nationality, it is suitable for businessmen and travel lovers who wish to enter, live and open projects in various important countries of the world.
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