Investment and immigration procedures in the United States have become increasingly attractive to Turkish citizens in recent years. In this blog post, we summarize the key insights from a comprehensive conversation between New York-based immigration attorney Murat Bayram and one of Turkey’s leading real estate professionals, Serif Varli. The discussion covers U.S. real estate investment, visa types, residency processes, and legal tips that are essential for potential investors.
1. Real Estate Investment in the U.S. and Vartur Real Estate's International Operations
Serif Varli, founder of Vartur Real Estate with operations in Istanbul, Dubai, Miami, and London, aims to offer integrated global real estate services. The rising activity in Dubai and Miami markets has also drawn the attention of American investors. Varli emphasized the importance of establishing organic connections between offices in key cities like London, Istanbul, New York, and Dubai to deliver seamless service worldwide.
2. U.S. Residency Through Investment: The EB-5 Visa Program
The EB-5 visa is one of the most preferred routes for obtaining U.S. residency through investment. Murat Bayram outlines the key features:
Minimum investment of $800,000 (in targeted employment areas) or over $1 million.
Investments can be either active (job creation) or passive (into real estate, hotels, etc.).
Must be made through USCIS-approved Regional Centers.
Provides a Green Card to the investor and their immediate family (spouse and children under 21).
Capital is typically returned upon project completion with a 1-2% annual yield.
The EB-5 requires physical residence in the U.S. and tax filings. Green Cards can be relinquished later, but the exit must be managed carefully.
3. Starting or Buying a Business: E-2 and E-1 Visas
The E-2 Investor Visa is popular for those starting or purchasing a U.S. business. Key points include:
No official minimum investment, but $50,000–$150,000 is commonly recommended.
Business must show growth potential and sustainability.
Spouses can work independently; children under 21 can reside in the U.S.
The E-1 Visa is suitable for business owners engaged in trade with the U.S.
Franchising & Buying a Business:
Franchises (restaurants, cafes, etc.) are often used for E-2 visas. However, changing industries (e.g., furniture to food) involves risks—visiting the U.S. and understanding the market is essential.
4. Does Real Estate Alone Qualify for a Visa?
Owning real estate in the U.S. does not automatically qualify for a visa. Passive investments like buying a building in Manhattan don’t fulfill visa requirements unless part of an EB-5 project. However, if you manage properties as a business, with renovation, leasing, and accounting, an E-2 visa could be possible through a property management company.
5. Legal Precautions & Future of Immigration Policy
It’s crucial to choose the right visa type and have realistic expectations. Bayram advises investors to assess opportunities individually and visit the U.S. before investing. Working with experienced professionals is key to avoiding costly mistakes.
Future changes in U.S. immigration policy may tighten regulations on birthright citizenship and shift the focus toward skilled immigration.
Conclusion
With the right legal advice and strategic approach, the U.S. offers attractive investment and residency opportunities. EB-5 and E-2 remain the top routes for investors and their families. Understanding the market, visiting target areas, and building a reliable support team are essential steps.
This guide is a valuable resource for anyone considering U.S. investment and immigration. For detailed advice, contact trusted immigration lawyers and real estate advisors.
