How to get real estate residence in Turkey
• What is the real estate residence permit in Turkey?
It is the residence permit that allows a foreigner to reside in Turkey, and it is one of his rights and is given to him by the Immigration Department so that he can enter and exit Turkey without a visa, and the condition is to be the owner of a property in Turkey. This residence is currently considered one of the strongest residences in Turkey, with a guarantee of renewal every year for the property owner and his family.
Many foreigners and Arabs seek to reside in Turkey, and the real estate residency is a great opportunity for them, as they obtain residency when they buy property in Turkey and at the same time, they can benefit from the property in Turkey in their investment work, in particular, that Turkey is striving to develop and raise the level of investment in it Especially real estate investment, which in turn leads to a significant increase in the level of the Turkish economy.
• Who deserves it?
o The owner of the property in Turkey in whose name the property was purchased.
o His children who are under the age of eighteen can obtain real estate residency.
o His wife (he can't give residency to his second wife if he is married to more than one wife, because Turkish law does not allow polygamy).
• Important laws about real estate in Turkey that everyone must know
It is very necessary for those wishing to buy real estate in Turkey to have knowledge of these laws:
o Ensure that the property has a title deed before purchasing it.
o Ensure the credibility of the construction companies in case you decide to own property under construction.
o The total area of Turkey's real estate owned by a foreign investor should not exceed 30 hectares.
o If you decide to buy property in Turkey with the aim of obtaining Turkish citizenship, the first payment of the property value must be at least 250 thousand US dollars, or the full payment should be equal to 250 thousand US dollars.
o Ensure that the property in Turkey is completely free of mortgages, and this issue can be verified in the Land Registry Department.
• Features of real estate residence in Turkey
There is no doubt that obtaining real estate residency in Turkey is one of the most important goals that all foreign investors seek to achieve in general, in order to benefit from the many advantages of this residency, including:
o Residing legally in Turkish territory.
o The property owner's family, including his wife and children under 18 years of age, enjoy real estate residency rights.
o The possibility of renewing the real estate residence permit with great ease.
o Freedom of movement between the Turkish states.
o Access to educational services in Turkish schools and universities.
o Take advantage of free or large discounts of health benefits in Turkey, through medical care in Turkish hospitals.
o After 8 years of real estate residence in Turkey, the possibility of obtaining permanent residence.
o The possibility of applying for Turkish citizenship, when the value of the property reaches 250 thousand dollars.
• Documents required for real estate residence in Turkey
To apply for real estate residency, the following documents must be submitted:
o Application form for real estate residency
o Passport valid for at least 6 months
o Visa registered with entry stamp to Turkey
o The existence of what is known as earthquake insurance for the property
o Medical insurance paper. It can be obtained from Turkish insurance companies
o The family document is translated into Turkish, and certified by a notary in Turkey
o The title deed document registered in the name of the property owner
o 4 personal photos
o Having a fixed monthly income of at least $500 per month
or a bank account.
• Real estate residency renewal
With regard to the issue of renewing the real estate residence permit in Turkey, it is very easy, compared to other types of residence in Turkey, as it is sufficient for the property to be registered in the Tabu Directorate, in the name of the property owner, in order to renew the residence under it.
In the end, we note that Turkey is working hard to develop all things related to obtaining citizenship and offering appropriate facilities in the best possible way, and the greatest example of this is the efforts it is making in the real estate sector in reducing real estate prices, and facilitating papers and laws in a large and very effective way for all those wishing to obtain Citizenship and ownership within Turkish territory.
