Turkish Citizenship Bank Deposit option - Central Bank guarantee explained
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- čas přidán 2. 01. 2024
- I sat down with my Turkish lawyer Yüksel to discuss the bank deposit option for the Turkish citizenship by investment. She explained the central bank deposit guarantee scheme in details.
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Thank you for the update , interesting and easy solution
Great video! Thank you
again, great video, all facts, no nonsence
Miss Gokçe, thank u for all useful informations . Respect u you ✨🙏🏽
The inflation is much higher than quoted statistic. Also it is likely that these guarantees will ultimately bankrupt the central bank like in lebanon.
That is a true fact and a huge concern. Add the spectre of conflict in the region and the incertitude of where the country will stand with regards to the Western self-destructing policies then it transform the investment into a roulette gamble.
Anybody who is willing to part with $500K USD and turn it into Lira is likely already rich and $500K is just play money, and if you are already that rich, there are better programs for the money involved.
@chinaberg yes, "better programs"; BUT, if you've already got a Caribbean passport... and you want ANOTHER citizenship (by investment), I would argue that for a person in THAT category, Turkish CBI could be a good option.
Wow this is what I'm looking for!
Perfect. Yüksel will be happy to help you.
Central Bank of Turkey is guarrantee for two years only through YUVAM account. The expected LIRA devaluation risk for third year will be there. Please guide about it
vow!
Sadly. This is correct 👌
Awesome,, Explain please let me know can the interest is paid in monthly basis for 3 years?
This brother has been helping people with the necessary information to be properly informed about the proper steps to take when making that move abroad. My wife and I have decided as of last year to make that move to Istanbul Turkey 🇹🇷 ❤ in 2025. I am a retired veteran and she is an environmentalist and industrial design specialist. We have properties in California and Indonesia. Thank you for making this process that much easier.
what is your opinion on bank deposit?
Hi,
I learned the YUVAM account can be opened for only 2 years max before you have to re-apply..while your initial deposit has to be locked for 3 years in Turkish Liras. Given how fast laws can change, isn’t there a risk the government cancels the YUVAM account so the exchange rate guarantee won’t be available to you during the last third year… and we all know the lira can depreciate by more than 50% if government decides to slash interest rates to negative real interest rate
It’s a risk
Very tempting offer. Low hassle, decent return. I just don't trust everything to work out as advertised. Property still seems like a better option to me.
But property prices eligible for citizenahip are abnormally high
i will definitely go both for bank deposit of $500k and combine with real estate by buying thru bank for closed property as teach by Robert kiyosaki. on the 2nd quarter of 2024 I'm ready for turkey cbi program
Lebanon 2 incoming
What is yuksals contact?
thewanderinginvestor.com/foreign-residencies/citizenship-by-investment-in-turkey-timelines-fees-and-traps/
It was 250K$
Yeah, it was a good deal at $250K; too bad I don't have a time machine.
Ladislas, what happened to your hair?
Lol
@@TheWanderingInvestor You don't want everyone to think you got cancer, I hope.....
What happened in the 3rd year?
You reinvest in the same mechanism for 1 year, hoping it still exists.