Tax optimization and lifestyle in 2025 for 8 figures wealth.

[Meta]

Until weeks ago? Wasn't it like May 2022?

D

Post in thread 'A new name and surname with obtaining Turkish citizenship through investment'

Nov 8, 2024

Would you mind to elaborate more on this?

https://www.resmigazete.gov.tr/eskiler/2023/12/20231212-31.pdf
National Gazette 32397 of 12 December 2023
- "Real estate" is now limited to "building/flat ownership", empty plots no longer qualify.

https://www.resmigazete.gov.tr/eskiler/2022/05/20220513-20.pdf
National Gazette 31834 of 13 May 2022
- Real estate must now be 400k USD instead of 250k USD.
- Capital deposit of 500k USD must now be converted into TRY.

True. As a funny comment, some time ago I met a (white) man who was really living in Vanuatu, he simply had...

• daniels27

• 

Until a few weeks ago, yes. There was a scheme where you would deposit Turkish liras, but if exchange rate moved not in your favor, Central Bank would compensate you the difference and then some - just as if it was a deposit in USD.
https://celiktas.av.tr/the-opportun...ip-through-yuvam-accounts-has-been-abolished/

if you have male kids dont they have to do military?

There are some exemptions/nuances but generally they have. I don't have male kids so far, so I didn't research details.

 

[daniels27]

if you have male kids dont they have to do military?

I think they do. But you can hide. Many in Europe do so.

 

[JackAlabama]

I think they do. But you can hide. Many in Europe do so.

sure thats always an option, esp with such a country But i prefer not creating new problems (to the many already existing) esp when I didnt have them before.

 

[daniels27]

sure thats always an option, esp with such a country But i prefer not creating new problems (to the many already existing) esp when I didnt have them before.

Then just don't teach your kids Turkish. I am pretty sure the army has little interest in then.

 

[JackAlabama]

Then just don't teach your kids Turkish. I am pretty sure the army has little interest in then.

not knowing the language allows for even better cannon fodder. Better yet just get another passport.

 

[daniels27]

not knowing the language allows for even better cannon fodder. Better yet just get another passport.

I once met a guy who was in the Turkish army protecting the border. He told me that they were 50 and after 6 months in the wild, 15 came back.

 

[ikan]

@toums
Acquiring/obtaining a second citizenship, than, with this second passport settling your new tax residence in Monaco ?
That will open you some gates for your strategies and projects.
All french know it : Monaco is safe all the way, tax and politicaly stable, banks are good and reliable, and even more.
Bad sides : entrance tickets and costs of living for housing.
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Almost same scheme : Andora => more affordable and more laid back.