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Schengen Visa is in Danger! Scandalous Citizenship Sale Operation in Turkey Created Visa Problem!

Hamit Ekşi
Hamit Ekşi
June 25, 2022
3 min read

Discover how recent changes in Turkish citizenship by investment policies are impacting Schengen visa applications and travel freedom for Turkish passport holders.

The Crisis of Citizenship by Investment in Turkey

Turkey faces a tough diplomatic test with Schengen visa applications right now. The European Union (EU) is watching borders closely and checking all citizenship-for-investment programs. While EU members are stopping these deals, citizenship by investment in Turkey has grown. This change makes it much harder for Turkish citizens to visit Europe.

If you need a closer look here, see The Closing Doors of Global Citizenship Programs.

The Turkish government recently raised the price for exceptional citizenship. You now need to spend at least $400,000 on real estate, up from $250,000. You can also get it by joining the Private Pension System. These steps worry officials in Brussels. They see selling passports as a risk to security.

Golden Passports and Citizenship by Investment in Turkey

Many officials want to end "Golden Passport" programs for good. They believe citizenship shouldn't be for sale. Several countries have already listened:

If you need a closer look here, see Turkey vs. Spain and Portugal.

  • Cyprus: Stopped its program in late 2020.
  • Bulgaria: Ended its investment path in February.
  • Malta: The only EU member left with this program, but they have very strict rules.

In Malta, you can't just pay and get a passport. Investors must spend 750,000 Euros on a home. They also have to live there for a year and pass a deep background check. But Turkey doesn't require you to live there. It also doesn't have a limit on how many people can apply.

Security Concerns and Visa Rejections

The EU thinks Turkey's lack of a limit is a big security gap. Montenegro, which wants to join the EU, limits its program to 2,000 people. It also asks for a 100,000 Euro donation plus a 450,000 Euro property purchase. Turkey's open door makes it stand out in the region.

And this gap hurts the Schengen visa process. European offices are checking Turkish passports more carefully. They worry that people who get citizenship through money don't have real ties to the country. They fear these people might use the passport to stay in Europe forever. So, we see more visa delays and more rejections for regular Turkish people.

The Future of Visa-Free Travel

Turkey has talked about visa-free travel for a long time. But those talks have stopped. The EU wants everyone to follow the same security rules. As long as Turkey gives out passports for money, visa-free travel won't happen.

It's a strange situation. The government wants foreign money, but this lowers the value of the Turkish passport. It makes it harder for students and business owners to get travel permits. In the end, citizenship by investment in Turkey has made the Schengen visa a luxury that's hard to get.

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Hamit Ekşi

About Hamit Ekşi

Expert real estate consultant specializing in Turkish Citizenship by Investment programs. Helping international investors find their dream properties in Turkey.

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