How Turkish Citizenship By Investment Helps You Get an E2 Visa
When it comes to countries to immigrate to, the United States is often listed as the number one choice. As the ‘land of the free’ and the home of modern capitalism, it’s no surprise that people are keen to get their hands on an E2 visa. An E2 investor visa is only open to citizens of countries who are part of the E2 treaty, excluding countries like Russia, China and India.
If you fall outside of the E2 treaty countries, you can still get your hands on an E2 visa. Securing Turkish citizenship by investing means that you can take apply for an E2 visa. We’re taking an in-depth look at the E2 visa and how Turkish citizenship could be the answer to your problems.
Your options if your country is not an E2 treaty country
If your country is not part of the E2 visa treaty, you still have options. The easiest way to access an E2 visa is through second citizenship by investment. If you’re an investor, a second citizenship can open doors for you internationally. Turkey is one of the leading countries that enable you to access an E2 visa through second citizenship.
What are the top two countries for second citizenship for applying to E2 visa?
Top 2 are Turkey and Grenada. Turkey has been the largest Citizenship by Investment market in 2020 and has passed any other country, due to its attractiveness for E2 visa, low investment and growing real estate market. Check out this article from Investment Migration Insider for a comparison between Turkey and Grenada for en-route to E2 visa.
Why should I get Turkish citizenship for my E2 visa?
Turkish citizenship minimum investment requirement is $250,000 vs. $350,000 for Grenada. Turkish real estate market is more liquid and approved real estate properties are much more. You can easily sell your property after three years. It is also very fast in terms of citizenship processing time with less than 3 months after the completion of asset purchase.
The Benefits of Turkish Citizenship
While there are other countries available for second citizenship, Turkey is one of the leading choices. Whether you want an E2 visa or the benefits of a different passport, Turkey is quickly becoming the go-to destination for second citizenship. The Turkish investor citizenship program is one of the most popular, bringing with it a myriad of benefits.
Turkey is ranked 3rd in the world for medical tourism, with the country also providing pension programs. It’s also the perfect location for business investment, sitting between East and West, with international links and government-backed schemes to encourage investment, particularly with SMEs. With its booming real estate market and a top 10 economy, there is nowhere better to do business than Turkey.
Your Turkish citizenship will also give you access to 170+ universities and international schools w a reputation of sending students to ivy league colleges.
Turkish citizenship by investment means that the world is your oyster. You’ll have access to visa-free travel to 114 countries and can apply for various visa programs. Once you have your Turkish citizenship, you can apply for an E2 visa.
Part of the appeal of Turkish citizenship by investment is its lower property investment threshold of $250,000 and quick turnaround. This Turkish citizenship investment program is streamlined and straightforward, allowing you to get a second passport within a few months.
How long does it take to apply for an E2?
To apply for an E2 visa as an investor, you need to submit a business plan for either an existing or future business that you want to establish in the United States. You’ll also need to provide civil documentation.
The process of applying for an E2 visa typically takes 3 months, with the option to expedite it to 3 weeks for a fee. You can apply for an E2 visa at a US embassy or consulate, adding a spouse or dependent children under 21 to your application.
FAQs about E2 and Turkish citizenship
Q: How do I get Turkish citizenship to get an E2 visa?
A: The most straightforward way to get Turkish citizenship is by purchasing a property valued at over $250,000. It makes a smart investment, as the average property price in Turkey goes up by an estimated 11% year on year. You do not need to visit Turkey to purchase your property and can do it with the help of an estate agent.
Q: What are the investment requirements for an E2 visa?
A: As you are required to submit a business plan, there is no minimum investment. Your investment needs to match the type of business that you’re intending to establish. Depending on your business, you may only need to make a $70,000 investment – but this will depend on the state you wish to establish your business in.
Q: Is there a residency requirement for the E2 visa?
An E2 visa does not require you to remain in the US for a specific time to renew your visa. You can move freely around the US and are not restricted to residing in a specific state.
Q: What is an E2 visa vs. an EB5 visa?
If you’re looking to freely travel to the US, you’ll be considering either an E2 or EB5 visa. While both will gain you access to the US, their application process and turnaround times are different.
The main difference between an E2 and EB5 visa is the investment requirement. While an EB5 visa is easy to apply for, it requires a substantial investment that restricts its accessibility. Depending on the project, you may need to invest a minimum of $500,000. However, the main issue for many people is that the current backlog of EB5 visas means that your application could take up to 14 years to approve. In comparison, E2 visa will take 2 weeks to four months.
If you’re looking for an easier route, take a look at the E2 treaty visa. A limited number of countries have access to this program, which gives visa holders the ability to live and work in the United States. There are three tiers to the E2 visa – investors who want to establish a business, employees brought into the country by a US business, and managers brought into the country by a US business.
The investor options mean that you can immigrate to the United States without needing a job offer. The only way to access an E2 visa is by being a citizen of a country that has signed the E2 treaty.