How to choose Golden Visa? Is buying a 250,000 real estate in Greece better than investing in 250,000 in Turkey to buy a passport? Find the answer between permanent residency and passport immigration?
Recently, many people are concerned about the impact of new coronary pneumonia on overseas housing? Is the Turkish passport program ok? And GreeceGolden VisaWhat is the difference between buying a house, which is more cost-effective for buying a house for 2 million yuan? Today, let’s analyze the Greek permanent residence and Turkish passports.
(Part of this article refers to HUO original rewritten by Bigo)
Immigration: why choose Greece and Turkey
Many small partners have prepared 2 million plans to emigrate to Europe. After the new coronary pneumonia, they asked me where I can emigrate? How fast can it be? One of the most frequently asked is the two countries-Greece and Turkey. (Others can refer to the article:If my budget is not high, which countries can introduce?)
Golden Visa Permanent Residency
Greece and Turkey are two countries in continental Europe at the same time, a transcontinental country in southeastern Europe. The famous Aegean Sea is located on the east side of Greece, the Ionian Sea is on the west side, and the Cretan Sea and the Mediterranean Sea are on the south side. Greece and China are the oldest countries in the world. Greece has been inhabited since 270,000 BC. Known as the cradle of Western civilization, it is the birthplace of democracy, Western philosophy, the Olympic Games, Western literature, history, political science, important scientific and mathematical principles, Western drama (tragedy and comedy), and the most famous Santorini Nepal and the Acropolis Gang. The most well-known tourist destinations include the capital, Athens, and Santorini (others: Mykonos, Rhodes, Corfu, and Crete, etc.), which helped Greece generate a lot of tourism revenue in 2015. The year alone attracted 26 million tourists and contributed Greece's GDP of 18%. Greece introduced in 2013 "Golden visaThe bill obtains permanent residence status through the purchase of a property worth 250,000 euros, and can be immigrated in one step in just 3 months.Golden visaProviding the freedom to travel and live freely in the EU has become a golden identity leading to an excellent European education and medical system.
Turkish passport project Citizenship
Turkey is a cross-Eurasian continentIslamThe country, its territory includes the Anatolian Peninsula in Western Asia and the Eastern Thrace region in the Balkan Peninsula. It borders the Black Sea in the north, the Mediterranean Sea in the south, Syria and Iraq in the southeast, the Aegean Sea in the west, and Greece and Bulgaria. Turkey is currently applying to join the European Union, butEUDue to ethnic issues in Northern Cyprus, Armenia, human rights and press freedom, and Turkey’sIslamQuestions such as faith-based do not allow Turkey to join. Turkey introduced a passport immigration program in 2016, which is the only European country to launch a passport program except Cyprus and Malta, but half of thisContinental EuropeDoes not belongEUWhy is the Turkish citizen’s passport starting to get attention in 2018? What happened?
Greek Golden Visa and Turkish Passport Immigration
GreeceGolden VisaIt has been launched for seven years, but at the beginning the project was far less popular than immigrants from Spain and Portugal. Instead, it ate sugar cane. From 2016 to 2018, it has received a lot of attention. It has become the hottest gold in the immigration market in the past three years. The project, the applicant’s children and both parents can get it in one stepPermanent residencyThe Greek real estate market has become the hottest market in Europe within two years from stagnation. Xi Jinping visited in person after the new government took office in 2019, emphasizing Sino-Greek friendship and tenacious partnership, but at the same time in 2019, some investors began to transfer their interest to the Turkish passport project, why GreeceGolden VisaOr dominate the market?
Turkish passport immigration
Turkey's passport projectNo commit crimesAs long as you buy a property worth 250,000 US dollars, the family and minor children can get a passport, and after obtaining the identity, they can sell the property, there is no immigration supervisor, no language test, no interview, and the Turkish passport can be visa-free in Japan, becoming a lot of Chinese First choice. But according toComparison of BCBIC passport itemsThe information shows that Turkish passport holders need a visa to visit Europe and the United Kingdom, and otherPassport itemsIt takes longer waiting time. But why is the Turkish passport immigration project still receiving a lot of attention in the market?
Competition between Greek and Turkish immigration projects
Immigration costs: Golden Visa VS Passport
GreeceGolden VisaiIt is 250,000 euros, Turkey is 250,000 US dollars, the same is 250,000, but the difference between the two currencies is 12%~15%. The current 250,000 US dollars I wrote this article equals 1.75 million yuan, but 250,000 euros equals 1.98 million yuan, the difference It is 230,000, probably 13.14%.
Both countries emphasize that there is no immigration supervisor?
GreeceGolden VisaThe obtained permanent residency and Turkish citizenship are different concepts. The permanent residency has given the applicant unlimited residency, so there is no need to sit in immigration prison; but if you want to apply for naturalization in the future, you need to meet the conditions of residence; Turkish passport The project is that the applicant only needs to log in to buy a house without the immigration supervision requirements.
CRS problem? Can it be solved with a Turkish passport?
according toOECD (Economic Cooperation and Development Organization)According to the latest standard, the passport provided by the holder of the financial account is only an identification document, and the bank must collect its tax ID and the place of regular residence to determine the basis for the automatic exchange of financial account information. The determination of tax residents is the basis for the exchange of financial account information. (Reference article:What is an offshore tax number? What is a tax resident? What is the relationship between tax ID and overseas bank account opening? )To solve the CRS problem, in addition to holding a second country passport, you need to do wellTax residentIf the immigrants do not move, or have not obtainedTax IDIt is difficult for financial institutions to trust the account holder’s passport to determine its tax jurisdiction.
Can a Greek Golden Visa be transferred to a passport?
The answer is yes, but you need to meet the immigration supervision plus pass the Greek exam. Because Greek is very difficult, most of themGolden visaOf applicants still focus on maintaining permanent residency.
U.S. E2 visa and competition in the Schengen area
Greece’s permanent residency status is free to travel in the Schengen countries (Austria, Belgium, Bosnia, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Kosovo, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Moldova, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Vatican), including entry and exit from any airport in the Schengen country. Europe is a very convenient status for medium- and long-term development and transit families. The main project of Turkey can directly immigrate to the United States through the E2 visa curve after obtaining citizenship, but there is a blind spot in this concept. E2 visas are not immigration visas and cannot be completed. To achieve the effect of obtaining a green card, you can only live in the United States for a long time under certain conditions. For details of E2, please refer toThis article, Or the video below.
Confrontation of energy issues
In the past six months, the Aegean Sea seems peaceful, but the tide is turbulent-in order to compete for the oil and gas resources of the Eastern Mediterranean (According to the US Geological Survey, the Eastern Mediterranean can provide about 10 trillion cubic meters of natural gas and 35 Billion barrels of oil), the relationship between Greece and Turkey has been very tense, you come and go, and even to the brink of war:
- On January 31, 2020, the Turkish exploration ship "Oruchiles" appeared on the same day near the island of Kastelorizo in the Aegean Sea. There was no naval escort and no obvious signs that it was engaged in exploration activities. The Greek side then sent a frigate to monitor the activities of the "Aurcules".
- On January 17, 2020, Turkish hacker group Anka Neferler Tim hijacked the official websites of the Greek Parliament, Ministry of Foreign Affairs, Ministry of Finance, National Intelligence Agency, and the Athens Stock Exchange for more than 90 minutes.
- On January 16, 2020, Turkish President Erdogan announced that Turkey will start drilling natural gas in the eastern Mediterranean in 2020, and the drilling activities of other countries are "illegal"-Turkey has classified most of the exclusive economic zone of Cyprus within its continental shelf, Claims sovereignty over parts of the Aegean Sea and Crete offshore under Greek jurisdiction.
- On January 2, 2020, Greece, Cyprus and Israel signed an agreement for the natural gas pipeline in the eastern Mediterranean, intending to send natural gas offshore from the eastern Mediterranean to Europe. Turkey strongly opposes this agreement.
Military conflict between Turkey and Greece
- On December 12, 2019, the Greek Air Force’s Phantom 2000 fighter pilot showed two photos, representing that the Phantom 2000 fighter at that time had selected the AM39 flying fish anti-ship missile training mode and could initiate a simulated attack on Turkey at any time. .
- On November 17, 2019, Turkey and the Libyan National Unity Government signed a memorandum of understanding on "Maritime Jurisdiction", seeking to obtain a larger exclusive economic zone in the eastern Mediterranean, which was strongly opposed by Greece, Cyprus and Egypt.
Turkey indulges refugees, Greece passively becomes victim
In the past week, the headlines of the Greek news page were not just the New Crown Virus epidemic, but swarming “refugees” were under the “connivance” of Turkey. Thousands of refugees stranded in Turkey tried to cross Turkey and Greece illegally. Border, into Greece, into the EU. For its own economic and political interests, Turkey has sufficient internal motivation to "conceal" refugees to rush to Greece, and then exert pressure on the EU to achieve the purpose of exchanging economic assistance and economic benefits, improving the geopolitical environment, and joining the EU as soon as possible. Unfortunately, in this geopolitical game, Greece passively became a victim.
National strength comparison
Everyone can't help wondering if Turkey and Greece are competing on projects, is it a good thing or a bad thing for the immigration market? What happens when you fight? Although the confrontation between the two countries has become commonplace, the struggle between generations is no longer an easy problem to solve, but as an investor, inGolden visaGet permanent residencywithBuy a house and get a passportTo compare between, we can analyze from multiple angles:
Greece is 10.72 million, Turkey is 82 million, and Turkey is 7.65 times that of Greece.
National Land area
Greece is 132,000 square kilometers, Turkey is 785,000 square kilometers, and Turkey is 5.95 times that of Greece.
Greece is 184.714 billion euros, Turkey is 6525.20 billion euros, and Turkey is 3.53 times that of Greece.
Defense spending (2018)
Greece is 44.06 euros, Turkey is 16.341 billion euros, Turkey is 3.71 times that of Greece
Education expenditure as a proportion of government expenditure (2018)
Greece is 8.70%, Turkey is 12.84%, and Turkey is 1.48 times that of Greece.
Defense expenditure as a percentage of GDP (2018)
Greece is 2.39%, Turkey is 2.50%.
Global Competitiveness Index and Ranking (2019)
Greece, 62.58 points, ranked 59th in the world; Turkey, 62.14 points, ranked 61st in the world.
Human Development Index and Ranking (2017)
Greece, with 0.870 points, ranks 31st in the world; Turkey, with 0.791 points, ranks 64th in the world.
Greece, 24%; Turkey, 18%.
GDP per capita in 2018
Greece is 17,210 euros, Turkey is 8,020 euros, Greece is 2.15 times Turkey.
HP Rating (2020)
Greece is BB, Turkey is BB-.
Passport visa-free countries
Greece, 184; Turkey, 111.
Homicide rate per 100,000 people (2017)
Greece, 0.7; Turkey, 4.3.
Greece, 1.1%; Turkey, 11.1%.
Commercial Bank Loan Interest Rate (2017)
Greece, 5.25%; Turkey, 15.77%.
Immigration processing time
Greece, average 3 months; Turkey, average 10 months.
Who is suitable for permanent residency
GreeceGolden visaThe right of permanent residence, without citizenship, is suitable for immigration, education, retirement; and applicants who extend their business to Europe, as long as the level of funds is sufficient, immigration is not difficult, and the renewal conditions are simple. The disadvantage is that acquiring Greek nationality is a big challenge for adults to learn Greek. If you have to study in order to get a Greek passport, it will vary from person to person.
Who is suitable for passport immigration program
I didn't plan to live abroad, just do itAsset allocationIt requires a passport of a big country, but in fact the advantage of Turkish passports for visa-free is only reflected in Japan, the Philippines, and Singapore; for the convenience of visa-free passage, the response is not very useful.
Passport immigration program selection
For the whole family to invest 2 million RMB to obtain a Turkish passport, I personally think that the price/performance ratio is not high becauseTurkish passport to visit UK and European countries without visaIt is not convenient for passport applicants to apply for a visa in China or other countries. If you understand what I mean, say it straightforwardly. If you may have to go to Turkey every time you apply for a visa, the visa approval can also guarantee, then I Rather than the whole familyDominica passport, You can also get visa-free for 90 days in Europe and 180 days in the UK (viewDominica passport-free country), orUpgraded version of Dominica passportthe brochure freely.
Evaluation from the perspective of real estate
It is well known that Chinese people like to buy real estate. The Greek government continued to target in 2013, 2018, 2019 and 2020.Golden visaPolicy improvements, tax cuts, and attracting more investment from families and entrepreneurs, it can be seen that the Greek government maintains a long-term development and requires a healthy financial direction, andCaribbean IslandOf immigration policies are different, investing in Caribbean island countries (Dominica,St kitts) It is not possible to freely choose real estate projects. Investing in Greece only needs to meet the investment amount of 250,000 Euros; however, the Turkish real estate projects show that the government is only interested in short-term funds. US dollar, local real estate developers also know that this is only a short-term policy.
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