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Tag Archives: Invest in Turkey

April 19, 2021

An article by Mr.  Nasee Genani has been published on Outlook.com titled:

Mysterious ‘Invest In Turkey’ Hoardings Appear In Srinagar’s Lal Chowk  

After reading the article, it appears that the media and local authorities are perplexed regarding the origin of these hoardings. This story was followed by several other media. ( IBT, JKNS, VEN, etc.)

These hoardings were put up by an immigration consulting firm from Dubai with offices in Mumbai and Delhi. The likely aim of these hoardings was to attract Indian investors to invest in Turkish real estate so as to acquire Turkish Citizenship.

Investors, including Indian citizens, acquiring Turkish citizenship are eligible to apply for an E2 business visa of the USA and a business visa of the UK (under the Ankara Agreement between the UK and Turkey).

This is not an invitation from the Turkish government to apply for citizenship but an advertisement by an immigration agent who is licensed in the UAE but not in India.

But at the same time, it is interesting to note that this Dubai-based immigration consulting firm is operating illegally in India.

Invest in Turkey
Istanbul, culture and historical capital of Turkey. Aerial photo from above. City view and landscape photo by drone. The Galata Kulesi Tower

Why illegally you may ask?

When it comes to advising on Turkish immigration and visa law, the Indian law clearly states that only Indian advocates can practice law ( Indian or Foreign), including immigration law, under the Indian Advocates Act of 1961 and The Supreme Court of India’s judgment.

In view of the same, RBI has also issued a notification specifically directing Indian banks and other authorities to refrain from issuing or renewing permission to foreign law firms from establishing offices in India and opening bank accounts in India.

Note: After this blog was written, it has been brought to the attention of the author that the said hoardings have been duly removed.