Past few months have seen a significant increase in the number of applicants from India applying for Turkish Citizenship to be applicable for the E2 visa scheme of the US. Turkey has recently relaxed its dual citizenship requirements and made citizenship by investment cheaper, hence garnering more demand among citizens from different nationalities across globe, especially south Asian countries including India, Pakistan and Bangladesh.

For Indians, obtaining a green card can take many years and since India does not have a treaty trade agreement with US, Indian nationals cannot access E2 visas either. After EB5 investors’ scheme became far too expensive in November 2019 revision, with minimum investment requirement reaching up to $900,000 from $500,000, hence, Indians are looking for newer routes to attain US E2 visa. Its noteworthy here that India has a huge influx of emigrants reaching out to other parts of the world, and of course US remains the top in the list of favorite destination for immigrants all over the world.

The trend is not only visible among Indians, many other countries are also looking to buy a third country’s visa which has a treaty trade agreement with US, to become eligible to apply for E2 visas on their acquired citizenship’s basis. This is one major reason why the rapid citizenship by investment schemes are in great demand. Many are applying for Caribbean citizenship through Grenada citizenship by investment program, as Grenada citizens are eligible to apply for E2 visa of the United States of America. Grenada’s is a fast track citizenship program and pretty cost effective too, within 3-4 months a candidate can get his/her citizenship along with all the rights legally entailed with ID and Passport, including the eligibility for E2 visa of the US.

Grenada is a popular Caribbean island nation for fast track citizenship and is widely adopted by Indians for its geographical proximity with America and other benefits including visa-free access to China. Despite that, a spike in demand of Turkish citizenship has also emerged in the recent statistics. Turkey is literally located between India and America and hence ideal pretty much.

Turkey has come up with a revised citizenship by Investment scheme in 2020 which allows a real estate investment of minimum US$ 250,000, or maintain a bank deposit of US$ 500,000 in a Turkish Bank for minimum 3 years. Moreover Turkey has no cap on the number of candidates who can apply for Turkish Citizenship throughout the year.

There are about 73 countries added to the trade treaty agreement with the US, but only Grenada, Turkey and Montenegro offer a fast track citizenship program to candidates worldwide. But compared to the two mentioned above, Montenegro is marginally expensive and hence the emigrants look out for Turkey and Grenada citizenship programs.

CTrustGlobal is a designated agency to help you apply for citizenship and residency programs across the Caribbean countries including Grenada other than Turkey, Moldova, Cyprus and a lot more. To know more about fast track citizenship, their benefits and what suits your situation best, you can book an appointment and consult our experts for a tailor made advice.