This Citizenship is the New "Hot Commodity"
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- Опубликовано: 3 авг 2024
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Explore the transformative landscape of global citizenship in this video featuring Turkey's Citizenship by Investment program. Backed by insights from The Wall Street Journal, we delve into the streamlined process, historical context, and specific details of Turkey's program, including real estate investments and bank deposit options.
Gain a deeper understanding of the geopolitical advantages and the dual citizenship perspective.
00:00 Start
00:56 Turkish Citizenship Program by The Wall Street Journal
1:19 Understanding Citizenship by Investment
3:54 Comparison with Other Countries in the CBI Market
7:10 Dual Citizenship and its Implications
7:57 Global Trends in Citizenship Acquisition
13:18 Turkey's Dominance in the Global CBI Market
15:27 Considerations and Limitations of Turkish Citizenship
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I like how Andrew lets us know the stats and data first and then give his point of view afterwards what a great comparison.
Thank you for your feedback! It's always important to provide a solid foundation before diving into personal opinions.
@@nomadcapitalist Andrew is legend, a true nomad.
you are the best!👍
"With Great Money comes Great Responsibility."
A fascinating video with great information sir!
Turkey is on my travel radar
Wonderful video. Great point about the number of "good" options in 1984 vs now. It's 100x more now.
Also because america is fat shittier than it was in 1984
Australia used to give permanent residence if you came with $100k
Great video, very informative as usual!
Thank you!
Killing it with the videos 🔥 always informative; love your channel 🎥🎬
So glad! 😊
was perfect when it was 250K
Indeed. And the Malaysian program was perfect at the Pre-lockdown costs/criteria. Govt gets very greedy at the notion of all that free money. There are prolly no really good programs left.
@@marshallleo6589we’re gonna get more competitors
Andrew, you and Nomad Capitalist are a gem amongst other options.
I agree
I love these videos
Great information
I want to set up another citizenship someplace
Good video.
Being next door to Armageddon and WWIII isn't very appealing.
😂😂 LAST DAYS PROPHECIES ISRAELITES (SO-CALLED NEGROES SCATTERED EARTH-WIDE (Deu 28:68) AND GENTILE HEATHENS (NON-ISRAELITES):
2 Esdras 15:16-19
[16] For there shall be sedition among men, and invading one another; they shall not regard their kings nor princes, and the course of their actions shall stand in their power.
[17] A man shall desire to go into a city, and shall not be able.
[18] For because of their pride the cities shall be troubled, the houses shall be destroyed, and men shall be afraid.
[19] A man shall have no pity upon his neighbour, but shall destroy their houses with the sword, and spoil their goods, because of the lack of bread, and for great tribulation.
Such good information. I can always rely on NCand Andrew to tell it like it is
we have been living off and on in TR over the past 12 years. We had a RP for about 6 years with breaks in between. I cannot understand why anybody from the US would consider a TR passport, unless you are from the Middel east or have family there. Inflation has skyrocketed over the past years; the locals can hardly get buy. They overcharge you for everything you purchase. They do not like US politics, you will feel and hear it on a regular basis. If you do decide to go just purchase real estate worth at least 200k and get a RP to test the waters. Food is amazing and beautiful sceneries.
Don't turkish citizens have to do military service and mandatory joining in case of war?
Talk about Steven Wozniak becoming Serbian, and got citizenship and his wife aswell, there are rumors that one big tech giant will ask for Serbian passport.
Thank you 😊
So funny to see people say they don’t want to serve in the Turkish army 😂 Guys if you have double citizenship, in case of war and army call you take the first flight out if you happen to live in Turkiye in the first place when a war of that extent breaks out. And, if you’re above the age of 21 when you acquire Turkish citizenship, there is no compulsory service. Worst case, you can pay 180k TL to not serve.
When Ukraine went to war...all the CBI passport holder were secretly warned, allowed to fly out of the country. No country wants to get VIP passport holders killed in war. War is for the peasants and cannon fodder.
@@marshallleo6589 true
Yea, meantime in the US, show up by any means possible, hang out for a while, have some kids on the taxpayers and we’ll also help you get grandma and grandpa and a some cousins over here.
Heck man, vote while your here.
Don’t forget to get your driver’s license. I mean, you can always just keep changing your name and date of birth, if you don’t want to deal with it.
@NomadCapitalist I would like to know your opinion about South Africa, both investing in and getting out...
SA is about to collapse
High Tea;)
What do you think of Laos?
No thanks.
Good info. Seems like Turkey's CBI program is extremely popular with Russians these days.
Do you have a Video on how to open an offshore account?
Absolutely! We have a dedicated video on how to open an offshore account. You can watch it here: ruclips.net/video/JdRvbDcPIsQ/видео.html. If you need assistance with the process, feel free to reach out to our team directly through this link: nomadcapitalist.com/apply/
Is it possible to get PR in Turkey after buying a property and naturalize as a Turkish citizen later on? If someone has gone through it can you please explain the process. Minimum value of the property and how long it takes to get the passport after getting PR
Yes it's possible but shit up from 75,000 dollars to 200,000 dollars and you gotta learn the language.
400.000 $ i am real estate manager in Turkey
As someone who has had experience of being persecuted in an islamic theocracy i have to give Turkey a pass, it’s like going to get citizenship in a caliphate with Sharia law, not a good idea
Is it better to live in a country where crime and insecurity are prominent?
@@iciici2859 definately not but there are better countries like ireland or switzerland
What a bullshit. Turkey still is a secular democracy.
I highly urge people to listen ti this guy. Of course the west is the cause of this phenomena as they like to keep that part of the world backward, but for now, this is the situation.
Turkey is not a theocracy.
I would not say that citizenship is a "commodity".
A commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
A passport is not a commodity on that basis.
it is a save haven from war and conflict and overall TAXES!! u can escape those
Certainly an asset class though given the benefits and capabilities it facilitates
Global Citizenship is freedom insurance essentially.
Thanks, but no thanks! I will go with Nomad Capitalist.
The author of the Wall Street Journal article wrote a whole book on golden passports: "The Golden Passport: Global Mobility for Millionaires"
I don't think Russians are fleeing Russia anymore. In fact they are bringing their wealth and passport back. However, it is still a very very popular passport for Ukraine and they are rich with exit money now. The Turkish CBI program will stay number one for a long time to come.
Am I hearing this right? So like 40K in US for a Turkish passport? Where do I sign up?
400k
soon to be 500K
You say 400,000 in real estate in Turkish Lira. I thought it was USD400,000 in value, paid in Lira.
Wait...400,000 Lire? What is that...like $2500?
wrong, wrong and wrong..
Peace soon.
TÜRKİYE
It's mighty be good for one month solution but no longer...
Some countries don't allow dual citizenship.
👍
Would have considered Turkey if not for the many problems it's causing in the region, and the undesirable turbulence it's causing to Armenia, Israel and the Kurds, just to name a few . One just has to see the belligerence of its political stance.
Agree with your list except for Israel as it is the one causing the most trouble in the region
@ishouldbeonmountrushmore6831 israel was never the one to start any war in recent times. Whether it was in 1948, 1967, 1973 or Oct 7 2023, it was attacked first. That is setting the record straight.
@@johnlkng yea sure thing buddy.
No guys. Just read what they did this year with their TRP by realty. It's awkward. They just cheated people out of their money.
You end up with a community of empty houses and a housing shortage.
I am not joining the Turkish milatery in exchange for cash when becoming a passport holder that does not sould like a good CBI offering NO THANKS.
you are quit mistaken. When Ukraine went to war...all the CBI passport holder were secretly warned, allowed to fly out of the country. No country wants to get VIP passport holders killed in war. War is for the peasants and cannon fodder.
Turkey 🤦♂️
first
Trust me,
You dont want to serve in the turkish army.
you are quit mistaken. When Ukraine went to war...all the CBI passport holder were secretly warned, allowed to fly out of the country. No country wants to get VIP passport holders killed in war. War is for the peasants and cannon fodder.
End of the day it's the second largest/strongest military after the US in NATO.
@@NickDelio That may be.
I’ve spoken to many Turkish guys who have served in the Turkish army. They all agree. Unless you are perfect. It’s a living Hell.
@@emmour9288 stop capping kid.
@@NickDelio I have served in the army and I have spoken to Turkish soldiers, whether you believe me or not. I honestly don’t care.
Are you aware of any plans that Turkey may consider imposing worldwide tax income on their citizens?
I don't think that they can do that
Turkey? LOL 😂
Islamist risk is too high
no not really
👍
Turkey 🤦♂️