Real estate residence permit in Turkey 2022 – The new law of obtaining real estate residency in Turkey
Undoubtedly, Turkey has become one of the developed countries in which life is a high degree of luxury, comfort and tranquility. Therefore, obtaining a real estate residence permit in Turkey is of great importance. Moreover, it is one of the goals of many foreigners, especially those wishing to invest in Turkey.
Table of contents:
- An introduction.
- Real estate residence permit in Turkey.
- Conditions of obtaining real estate residence in Turkey 2022.
- The required documents to get real estate residency in Turkey.
- Advantages of real estate residence in Turkey.
- Notes about real estate residency in Turkey.
An introduction:
To encourage foreign investments in Turkey, the Turkish government has provided many advantages and facilities for investors. Moreover, the Turkish government is working to grant multiple types of residencies to foreigners. One of these residencies is the real estate residency in Turkey, which grants to those who buy real estate in Turkey and meet a set of conditions
Real estate residence permit in Turkey:
It is an official document issued by the General Administration of Turkish Immigration and it is granted to foreigners who buy a residential property. Moreover, it allows them to live, reside, invest in Turkey, do business and carry out daily activities without experiencing problems
Conditions of obtaining real estate residence in Turkey 2022:
Those who wish to obtain real estate residency in Turkey must buy a property worth 75 thousand dollars onwards in major Turkish cities such as Istanbul, Ankara, Bursa, Mersin, Antalya, etc. However, the price of the property must be 50 thousand dollars onwards in smaller Turkish cities; If the foreigner wants to obtain a real estate residence.
It should be noted that the real estate valuation report should be equal to the mentioned minimum value to ensure the extraction of a real estate residence permit.
The required documents to get real estate residency in Turkey.
- Title deed of the property (tapu).
- property earthquake insurance.
- A valid passport for a minimum period of six months.
- A family statement of children translated into Turkish and certified by the Turkish Embassy in the mother country.
- Health insurance in Turkish territory for each member of the family.
- In addition to 4 biometric personal photos.
Advantages of real estate residence in Turkey:
- Real estate residency is granted to members of the owner’s family: wife and children under the age of 18.
- Moreover, it provides the possibility to enter Turkey without the need to obtain a travel visa (Visa) or a security approval for that.
- After 8 years of obtaining the continuous real estate residence permit in Turkey, the owner has the right to apply for a long-term residence.
- Facilitating the movement of investors, traders, businessmen and procedures for establishing companies and recruiting workers in Turkey.
- Furthermore, real estate residence provides the ability to travel and move between Turkish cities and regions without the need to obtain a travel permit
- The possibility of obtaining an education opportunity in Turkey’s schools and universities.
- In addition, it provides the possibility to open a bank account in Turkey.
Notes about real estate residency in Turkey:
Duration of obtaining real estate residence in Turkey:
After submitting an application for real estate residence at the Turkish Immigration Department, it takes 15-30 days. In addition, it is sent via PTT mail to the address of the concerned person.
Additionally, Real estate residency in Turkey is granted for a period of one or two years, with the possibility of simply renewal; As long as the person still owns the property.
Fees of obtaining Turkish residency:
It varies according to the nationality of the buyer and ranges between 150-350 dollars.
Ebla real estate services in Turkey:
- Ebla Real Estate provides legal and real estate consultancy free of charge.
- Moreover, Ebla Real Estate provides the valued clients with real estate tours to the best properties in the most important residential areas in Turkey.
- Furthermore, Ebla provides real estate offers suitable for obtaining residency or citizenship.
- In addition, Ebla Real Estate helps valued customers to establish their investment project in Turkey.
Edited by: Ebla Group Real Estate
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