4 replies to this topic

[Abi]

Sounds a bit daft to me.

In an attempt to draw in high-income tourists, the Ministry of Interior Affairs will now be giving out five-year visas for yacht owners and their families that want to visit Turkey.

In an effort to draw in foreign capital and wealthy tourists, the Ministry of Internal Affairs is now working on providing five-year residence permits to yacht-owners, their spouses and children. Up until now, nationals from Arab nations, Russia and East Block countries such as Ukraine were only given three-month residence permits. The memorandum released by the Ministry of the Interior last June increased tourism-based residence permits up to three months.

According to the ministry's efforts to establish a new regulation, foreigners who have opened bank accounts in Turkey that contain three million dollars or more will become eligible to obtain a five-year residence permit. Once the legal aspects of the project have been approved, the regulation will be put into effect in the 5683 numbered article concerning foreigners travelling and residing in Turkey.....

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[KKW]

foreigners who have opened bank accounts in Turkey that contain three million dollars or more will become eligible to obtain a five-year residence permit.

So, the cost of a 5 year Residence Permit for yacht-owners will be 3 million dollars or more. Seems a bit steep to me.

[Cukurbagli]

If I had three million and a yacht I don't think a residence permit would be high on my list of priorities. Can't understand why they've done this.

[Abi]

I can't think there would be many taking them up on their offer either Cukur.

[KKW]

It's just another propaganda move. Makes them look good in the headline which says they'll be "giving out" 5 year permits.