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Tuesday, June 30, 2020



Citizenship Investors in Turkey...
BEWARE the SHARKS.....

Today by chance I did an internet search for 'Citizenship Investment Turkey', and clicked on a few of the advertisements there. I was shocked by the number of new 'practitioners', the number of old 'practitioners' dressed up in new websites to look 'professional', and the number of scam artists that were previously so prolific in misleading British investors buying property in Turkey ten years ago. Some had new names, but were still operating out of the same offices in North London, Covent Garden etc...

I was also shocked by the false and misleading statements being made on websites:

1) In one case I found an example of an agent boldly stating, not just implying, that the 'Certificate of Conformity' an investor receives during the Citizenship application process, confirms that the property is in full legal compiance with all regulations. Nothing could be further from he truth, and the unknowing investor will unfortunately find out the truth much later...

2) The second most popular 'ploy' or 'hoax' is to provide a list of 'APPROVED' properties... they may have been approved by someone for something, but certainly not by any government regulatory authority as an attestation to being in full legal compliance of everything that matters...

Investors, add these two clues to your information gathering exercise... make a list of every 'practitioner' or 'agent' by their name and address, and those that are using the above mentioned false and misleading practices, place a big cross through their names for future reference, so you remember in case you should encounter them again in the future when they may have changed their name, website, and the hoaxes they are peddling...

#citizenship  #investment #Turkey #CIP #scam #hoax #ploys #property #real-estate

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