Citizenship by Investment: Turkey, Spain and Other Destinations

Date: 30.12.2024

In the modern world, obtaining a second citizenship is more than just a status; it offers new opportunities such as freedom of movement, tax benefits and reliable asset protection. Popular investment destinations include Turkey and Spain, as well as long-term residence programs in Thailand and Indonesia. Let’s take a closer look at how to obtain Turkish or Spanish citizenship and what benefits it provides.

Turkey

Turkey remains one of the most popular destinations for those who want to obtain citizenship by investment.

  • Minimum investment: $400,000 in real estate.
  • Processing time: 3 to 6 months.
  • Mandatory requirement: The property must remain in ownership for at least 3 years.
  • Benefits: A Turkish passport opens the door to more than 110 countries, including Japan and South Korea, with visa-free or simplified entry.

How to obtain Turkish citizenship?

To obtain Turkish citizenship, it is enough to purchase real estate worth at least $400,000, submit documents and wait for the application to be processed. The procedure takes several months and is one of the fastest among citizenship by investment programs.

Spain: How to obtain Spanish citizenship?

Spain attracts those who want to live in Europe, enjoying the high quality of life and benefits that a European passport provides.

  • Minimum investment: €500,000 in real estate.
  • Term for obtaining citizenship: After 10 years of permanent residence.
  • Advantages: Free movement within the Schengen area and the opportunity to live and work in any EU country.

Features of Spanish citizenship for foreigners

For foreigners, the registration procedure is simplified due to access to legal assistance. This makes Spain especially attractive for those looking for stability and prospects in Europe.

Other Destinations: Thailand and Indonesia

Although Thailand and Indonesia do not offer citizenship by investment, they attract with long-term residence programs.

Thailand

The Thailand Elite program offers:

  • Gold Package: 5-year visa for $25,000.
  • Platinum Package: 10-year visa for $41,000.
  • Diamond Package: 15-year visa for $70,000.

Benefits: No need to renew your visa, access to VIP services, and the opportunity to enjoy a comfortable life in Asia.

Indonesia (Bali)

Long-term property leases for up to 99 years and temporary residence permits (KITAS) make Bali attractive to investors. It is an ideal place for vacation and business.

Citizenship by investment is a strategic choice that opens up a world of opportunities for you. Turkey, Spain, Thailand or Indonesia? Each of the programs has its own advantages, the main thing is to choose the one that suits you.

 

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Yuriy Grushetskiy Founder of Deniz Estate