Real estate residency in Turkey is one of the privileges offered to foreign investors seeking real estate investment in the country and the Turkish Immigration and Foreigners Affairs Presidency grants a real estate residence permit in Turkey according to specific conditions.
In this article, we will be keen to learn about this type of real estate, how it can be obtained, and what privileges holders of this type of residency obtain.
Real estate residency in Turkey is a type of residence permit granted to foreign investors who purchase a property in Turkey at a certain value, as holders of these permits are granted the right to reside in Turkey for a specific period, and the duration of residence varies according to the value of the property purchased and this policy is considered one of the facilities provided by Turkey to attract foreign investors and strengthen the real estate sector in the country, as the real estate residency aims to support real estate investment and encourage individuals to purchase real estate in Turkey, thus promoting economic growth and creating job opportunities in the real estate sector.
- Buying a property in Turkey worth $200,000
- Obtaining the real estate title deed document.
- Book an appointment for accommodation through the official website designated for this purpose.
- Preparing the necessary papers for submission.
- Attend in person on the day of the appointment or through an authorized agent.
- Submit the papers to the relevant employee after paying the residency fees.
- Wait between 7 and 90 days for residency approval to be issued.
- The real estate residence permit is sent by the Immigration Presidency Branch to the applicant’s address via the Turkish Postal Corporation (PTT).
Purchasing a residential property in Turkey with a value of no less than $200,000 requires the following:
- Obtaining the property title deed document (Tapu).
- Insuring the property against earthquakes and disasters using the DASK service.
- Having a valid passport for a period of no less than six months.
- Submit a family statement that includes the name of the property owner, his wife, and the names of his children, translated into Turkish and duly certified.
- Obtaining health insurance for all family members in Turkey.
- Passport: The passport must be valid for a period of no less than 6 months, with a copy translated into Turkish and certified by the Turkish notary.
- Entry visa: A copy of the entry visa to Turkey must be submitted, highlighting the entry stamp and date.
- Real estate title deed document: A real estate title deed document must be submitted that clearly shows the value of the property.
- Earthquake and Disaster Insurance DASK: The property insurance policy against earthquakes and disasters must be submitted using the DASK service.
- Family book: The family book must be submitted and a copy translated into Turkish and certified by the notary.
- Personal photos: 4 personal photos must be submitted.
- Bank account: A bank account must be provided.
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