The rapidly increasing rejection rates of Schengen visa applications from Türkiye are prompting Turkish citizens to seek alternative solutions. Particularly, the rising number of visa refusals by EU countries has shifted attention toward the Golden Visa program. This program offers Turkish investors the opportunity to obtain residency and even citizenship by making a real estate investment while also providing easier access to business and educational opportunities.
As Turkish citizens increase their demand for properties in countries offering Golden Visa programs, Portugal and Greece stand out as the most preferred destinations. Meanwhile, Turkish businesspeople are also showing interest in citizenship-by-investment programs in Caribbean countries as a way to overcome visa challenges.
Teuta Narazan and V. Armağan Akyüz, Co-Founders of Vesta Global, address the issue of visa rejections originating from EU countries and emphasize the importance of the Golden Visa program as a solution. Beyond granting travel freedom and investment opportunities, the Golden Visa also helps the Turkish business community become more competitive on the international stage.

