Client story
Client Story
Where they started
The Rustamov family approached with clear family logic: obtain Turkish citizenship together and invest in one quality property asset—simpler and more conventional than dividing funds. There were three family members seeking passports: both parents and their son, who had already turned twenty-four.
Why the standard route did not work
Herein lay the problem that the parents did not immediately recognize. Minor children are automatically included in the parents' application as part of the family. However, the son was an adult, which meant that according to the program rules, he was an independent adult applicant. To obtain citizenship, he needed his own qualifying investment, not a "share in the parents' investment."
What BRIDGES had to solve
A simple purchase of a single property in the family's name would not solve this issue: if the real estate is registered to the parents, the son remains without his own investment foundation and does not qualify for citizenship. Yet the family did not want to make three separate expensive purchases—nor did they see the logic in it, as their capital was shared.
Why a standard answer would not do
The Rustamov family approached BRIDGES to find a structure that would preserve the idea of a joint investment in real estate while creating the adult son's own qualifying investment that would entitle him to a passport. The solution lay in how to properly structure the shares.
We wanted to buy one quality apartment for all of us and obtain passports for all three. Then it turned out: our son is already an adult, and he needs his own investment; otherwise, they won't grant citizenship. Igor suggested a smart solution—divide the property into shares so that our son had his own, separate share sufficient for the program. We essentially invested in one property, but our son now has his own foundation. All three of us obtained passports.
