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Turkey's Interior Ministry has revoked or withdrawn the citizenship of 6,134 individuals who acquired it through the Citizenship by Investment program. The crackdown follows a major investigation into fake real estate appraisal reports, with 72 suspects arrested across 16 provinces and assets worth millions seized.
Turkey unveils radical 20-year tax holiday on foreign-source income – zero tax for new residents, 1% inheritance rate, corporate cuts to 9%. A global investment hub in the making.
