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YeniBirlik: Home Owners Increased by Forty Percent With Golden Visa

Home - News - YeniBirlik: Home Owners Increased by Forty Percent With Golden Visa

The increasing rejection rates of visa applications from Türkiye to Schengen countries are drawing attention. Rising visa rejection rates in EU countries are prompting Turkish citizens to seek alternative solutions, and the Golden Visa program is becoming one of the most popular options. This program grants Turkish investors residence permits and citizenship rights through real estate investment. It also provides easier access to business and educational opportunities. Turkish citizens are increasing the demand for real estate in countries offering Golden Visas, with Portugal and Greece being among the most preferred destinations. Turkish businesspeople are also turning to citizenship programs in the Caribbean to overcome visa-related challenges.
 

Teuta Narazan and V. Armağan Akyüz, Co-Founders of Vesta Global, address the issue of visa rejections from EU countries and emphasize the importance of acquiring real estate in the EU through the Golden Visa. They point out that this program means freedom of travel and international competitiveness for the Turkish business world. They also explain that the phenomenon of digital nomadism is growing in Türkiye and that the high real estate prices in Türkiye are contributing to this trend. Therefore, acquiring property abroad offers the opportunity to own larger and more affordable homes, especially in Europe. One of the biggest motivations for acquiring property abroad is gaining the right to free movement within EU countries.
 

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