Under the European Community Association Agreement (ECAA), also known as the Ankara Agreement, Turkish Passport holders are entitled to establish businesses or become self-employed in the UK and obtain residency rights thereof. Once settled, residents can become eligible for UK Permanent Residency and Citizenship within 5-6 years.
Ankara Agreement – The Agreement Creating an Association Between the Republic of Turkey and the European Economic Community allowing Turkish Citizens to establish a business in the related countries (including the UK) move immediately and be eligible to apply for permanent residence and citizenship in those countries.
This route is far more cost-effective in terms of overall capital requirements, compared to other programs such as the Cyprus Citizenship and UK Tier 1 Investor route. Once Turkish citizenship is obtained, the investor can begin the visa application process immediately.
Turkish Citizenship provides a simple and cost-effective route to securing US residency. Under the USA E-2 Investor Visa route, Turkish citizens are eligible to apply due to the treaties in place between the two nations regarding commerce and navigation markets. In summary, the US E-2 program entitles eligible citizens from countries that are signatories to the treaty to apply as investors for the right to reside in the US.
The E-2 allows such investors to relocate to the US alongside their family members including their spouse and children. Whilst this visa carries non-immigration status, it does offer long-term residency options, being valid for a 5-year period and being renewable every 2 years as long as the applicant remains eligible.
Investment requirements are more favourable than those of the EB-5 Visa Program, which holds a minimum investment value of $900,000 from 21st November 2019. This route requires no prescribed investment amount. Whilst the E-2 does not permit formal permanent residency, with the 5-year renewal system it does serve as a legitimate and long-term basis from which to reside in the US.
With a wealth of opportunities and new freedoms available in the shape of your 2nd passport, Turkish Citizenship is one of the most efficient and secure programs to consider.