Get real estate residence by buying a property in Turkey
Turkey ranks 7th among the best countries to live and work. Moreover, many people dream of traveling to Turkey and getting a residence permit. Therefore, there are many questions about how to Get real estate residence by buying a property in Turkey
Does buying a property grant residency in Turkey? What are the conditions for real estate residence in Turkey? What are the advantages of obtaining a real estate residence in Turkey?
Therefore, in this article from Ebla Real estate, we will talk about how to get real estate residence in Turkey by buying property.
Table of contents:
- Get real estate residence in Turkey by buying property.
- Conditions of getting residency in Turkey by buying property.
- The required documents to get real estate residency in Turkey through purchasing property.
- Advantages of real estate residence in Turkey.
- Tips from Ebla real estate about buying property in Turkey to get real estate residence.
Get real estate residence in Turkey by buying property:
Undoubtedly, buying a property in Turkey is a great opportunity for Arab and foreign investors to obtain real estate residence in Turkey.
The real estate residence is an official document issued by the General Administration of Turkish Immigration and it is granted to foreigners who buy a residential property. It allows them to live, reside, invest in Turkey, do business and carry out daily activities without experiencing problems
Moreover, the real estate residence is the best type of residencies in Turkey. Therefore, many foreigners are looking for suitable properties in order to obtain real estate residency in Turkey.
Conditions of getting residency in Turkey by buying property:
- Buy a property in Turkey worth 75,000 $ in major cities such as Istanbul, Ankara, Bursa and Antalya, or 50,000 $ in smaller cities such as Izmit and Sakarya.
- Moreover, the real estate valuation report should be equal to the mentioned minimum value to ensure the extraction of a real estate residence permit.
- Obtain the title deed to submit it to the Immigration Department in Turkey.
- Book an appointment to obtain residency with determining its type.
- It is worth noting that the residence card is sent via Turkish Post PTT.
The required documents to get real estate residency in Turkey through purchasing property:
- 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.
Tips from Ebla real estate about buying property in Turkey to get real estate residence:
- Rely on real estate experts in Turkey to examine the title deed of the property before buying.
- Moreover, the price of the property must be in accordance with the real estate residency condition in Turkey.
- Study the location of the property, features and services.
- If you are one of the nationalities, prohibited from owning property in Turkey, such as Syrian citizens, you do not have the right to buy a property; Unless you have Turkish citizenship or you have a company to register the property under the company name.
- If all family members want to apply for a real estate residence permit in Turkey; A file must be submitted for each individual. Thus, the family members are granted tourist residence except for the property owner.
- In the event that there is a lack of the required papers, the applicant have a period of 30 days to complete them.
Edited by: Ebla Group Real Estate
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