Turkish Citizenship by Bank Deposit: Brilliant Idea or Hidden Trap?

Описание: #TurkishCitizenship #TurkishPassport #CitizenshipByInvestment #BankDeposit #DepositTurkey #InvestInTurkey #TurkeyCitizenship #TurkishCBI #ToleranceHomes

We break down how the bank-deposit route to Turkish citizenship really works: what its advantages are compared to the property route, which FX and inflation risks you need to factor in, and for whom a deposit can be a conscious strategy – and for whom it will not be the best option.

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The bank-deposit route to Turkish citizenship looks like one of the simplest options: you don’t need to choose a property, complete a purchase or manage a rental – you just place a large deposit in a Turkish bank. In this video we break down, step by step, how this route really works and what you should think about before making a decision.

We explain the basic conditions of the program: a minimum deposit of $500,000 or equivalent in foreign currency, conversion into Turkish lira, a three-year lock-in period and the need to obtain official confirmation from the regulator BDDK that your deposit qualifies for the citizenship-by-investment program.

We then look at the advantages of the deposit strategy: working with a bank instead of searching for a property, no purchase-closing process, no purchase tax or commissions, and no hassle with tenants or property management. That is why many investors initially view the deposit route as the most straightforward and transparent one.

After that, we focus on the risks: under the citizenship law, the deposit “lives” in Turkish lira, which means that the final amount after three years is directly affected by interest rates, exchange-rate movements and inflation. We show how, in practice, an investor entering the program with $500,000 may end up with a significantly smaller equivalent amount, even though the passport for the whole family has already been issued.

Based on Tolerance’s real client cases, we explain who the deposit route is really suitable for: usually those who understand FX risks very well and do not want the additional responsibility of choosing and managing a property. At the same time, if your key goal is not only to formally meet the program’s requirements but also to preserve the purchasing power of your capital, the deposit route will not always be the optimal choice.

If you are considering a bank deposit or property as a route to Turkish citizenship, this video will help you realistically assess the pros and cons of each option and prepare the right questions for banks and advisors.

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