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As far as I know only the balance at the end of the year is reported, so you WILL be reported but with that balance.

@kristoher for bank financing probably yes, actually even more if you are not a resident yet. For off plan properties with a payment plan, often the first payment is 10% but also often the second payment is again 10% within just few months. actually Im not even sure if that works with mortgage...

@Brutus Stick to established developers or if you really like something from someone new, research it well. For example ask what else they have built and go on google maps and check the buildings reviews, you will be surprised what terrible issues some have. Avoid Damac, it's very established...

That is what they said in an email update, i haven't tested it. Here I found the email for you:

Until recently it was 2M AED property investment with at least 50% paid (if it is on off plan on a payment plan) beginning of this year they changed it so that even down payment is enough which is usually 10 or 20% of the property value. So for 200 to 400K aed you can start the process.

There is KYC but its mostly formal, you just need to fill a form with where you money came from. Seems like nobody checks anything. You can buy with crypto directly with very few developers, mostly small OR second tier ones. Also few accept paper cash. However you can go crypto to managers...

I can't believe how high quality this thread turned out to be! I didn't just learn all the details about turkish citizenship but can converse at professor level about Turkey economics now!

@Meta No further questions, just want to thank you immensely for the detailed and to the point review! Saved me a lot of headache! That's why I like this forum!

I got confirmation by turkish law firm that you indeed choose your own name during the process. If it is somehow linked to your old one, or you have place of birth in the passport I don't know yet, if someone does, please chime in. However this with the military service is concerning. If you...

no limit, but over 300k eur will be delayed because it will go through another bank or something like that (by memory)

I was todays years old when I found out that (thanks to this forum and short research) So the whole process takes 3-6 months, you buy property in Turkey for at least $400k ( or multiple properties) and apply for citizenship. In the process you get to choose your name! If you are thinking what...

I did some fast research and ideed it is possible for just $400k investment in turkish real estate and you get to choose your name! That indeed very curious option, I guess we should start a new thread for it though :) source...

I did some fast research and ideed it is possible for just $400k investment in turkish real estate and you get to choose your name! That indeed very curious option, I guess we should start a new thread for it though :) =MODERATOR'S NOTE: DONE :) = source...

they just removed the 100k eur outgoing wire limit which is nice

In this case seems (at first glance) that both suggested options (1. and 2.) should work. Actually I don't even see a need for the EU company at all. However, I would check with people that offer incorporation and bank accounts opening in Dubai how hard will be to open bank account in Dubai for...

Gnosispay seems to be the one from the most established source, no? I've tested it and works flawlessly. However, still looking for one where you can spend fiat that you borrow on the fly against your btc/eth deposit. Ideally staked ether deposit :) Now that would be some handy innovation. As...

2. sounds interesting, but few questions where do you plan to bank with the Dubai company, in which jurisdiction? Some extra questions: A. If its within EU, it might be hard to open bank account for that company and if you do you must be declared as UBO in your country. B. If you are going to...

Pay with fiat borrowed against your BTC/ETH holdings with them.

are the cards going to have any useful features?

If someone gets a golden visa but fails to go back within an year do they automatically cancel it or that is not actually enforced? p.s. officially you have to visit at least once every year to keep it, but no idea how strict they are on this?