Bulgarian citizenship is the real thing, but the Turkish passport can be useful too
Let’s face it – the EU passport is without any doubt, the most coveted in the world. With any EU passport, one can live in about 30 countries in Europe and even their overseas territories.
No other passport in the history of mankind has ever been as powerful as is the EU passport today!
No wonder that today, people from China to the USA, from Australia to Brazil, they all would give an arm and a leg to get hold of a Bulgarian passport. But becoming Bulgarian citizen doesn’t happen in an instant. There are indeed different paths towards it, with the citizenship for special merits – being the fastest one. But even then, the naturalization process can take some time. And in some cases, during this “processing” time, the candidate for Bulgarian citizenship may need an urgent, yet sustainable solution. So let’s see what these cases are and how a Turkish citizenship by investment can help you during the process of achieving your ultimate goal – the Bulgarian passport.
EU living rights, capital protection and enhanced privacy
Many US, Canadian, Australian and UK citizens are willing to obtain Bulgarian passport, not because of its outstanding visa-free score. Some of the above mentioned countries’ passports offer even better visa-free options than the Bulgarian citizenship. But the Bulgarian passport provides two very important advantages for the applicants from the above countries.
Most of the Western countries’ nationals are going for Bulgarian citizenship, because it will allow them to live freely anywhere in the EU. This is definitely the most important reason why many Western citizens are excited about Bulgarian citizenship..
Capital protection and enhanced privacy
But many of the foreigners from Western countries are also looking for something quite different. Namely, they need better capital protection, superior to the one they have in their home countries. They also need enhanced privacy, in line with the laws in Europe. In many cases, people with difficult divorces or complicated bankruptcies at home want to take a little break. And they logically find what they want – far from home. And in some cases, when Bulgarian citizenship is still “in the making”, many need an urgent solution.
Who may need Turkish passport while his Bulgarian citizenship application is in progress
More and more businessmen from Western countries, who need urgent capital protection options, decide to apply for Turkish citizenship by investment. And they do it before their Bulgarian citizenship is approved. Bulgaria, as an EU country, approves citizenship applications much more slowly than Turkey. So it proves very convenient for many, to apply for Turkish citizenship and start enjoying the benefits that a second passport provides. Once their Bulgarian citizenship application is approved, they keep their Turkish passports and can enjoy even more freedoms than with Bulgarian passport only.
Turkish citizenship by investment is very useful when the applicant for Bulgarian citizenship has certain difficulties in his home country. A difficult divorce, for example, can be devastating both financially and legally. In such a case, having a Turkish passport can be life-saving.
How to get Turkish citizenship by investment
Getting Turkish passport requires investment in real estate in Turkey for $400’000. Another option is depositing an amount of $500’000 with a Turkish bank. In cooperation with the best Turkish lawyers, we provide full assistance to our clients to obtain Turkish citizenship by investment. You can read more about the conditions of the Turkish program at Why a Turkish passport can change your life.
Forget about Switzerland – banking in Azerbaijan is much better option
For ultimate privacy and capital protection, we assist our Turkish investment citizenship clients to open bank accounts in Azerbaijan. You might be unaware of the advantages of the banking system outside of your home country, but banking in Azerbaijan is ultra safe and with the highest degree of privacy.
All in all, Turkish investment citizenship is nice to have even after you get your Bulgarian passport. Of course, getting Turkish passport first requires additional resources, so it’s not not within everyone’s means. Please contact us if you need assistance to obtain Turkish investment citizenship or start banking in Azerbaijan.