Real estate residence in Turkey and its great importance

Real estate residence permit in Turkey is considered one of the most important types of residence permit in Turkey at all, and this is what you can see by looking at its features, how to obtain it, the possibility of renewal, and its superiority over other types of residence permits.
If you have any questions about this type of stay, follow up with us in the following article, in which we will highlight some of the details related to it. We wish you an enjoyable reading.

What is meant by real estate residence in Turkey?

The real estate residence document is a document that proves that the person who owns the property in Turkey actually lives in the country and obtains a great benefit, as it facilitates him to stay on that land during the specified period without being subject to violations or fines.

Conditions for obtaining real estate residency:

A foreigner who wants to buy a property in Turkey must first obtain a residence permit and the residence permit application is submitted to the Migration Agency in the city where the foreigner will reside.
The following documents are required for submission as follows:
- An application form after filling it with the required information, which is usually personal information.
- A copy of the sale or lease contract.
- Biometric photos.
- Your passport and a copy of it.
- After your application is reviewed and approved, you will receive a residence permit in approximately 60 days.
- The residence permit is valid for one year and can be renewed indefinitely.

Specifications of the property suitable for real estate residence:

Do you think that buying any property on Turkish land allows you to apply for real estate residence in Turkey? Certainly not, as there are many specifications that must be available in the property, including:
- Its value should not be less than 75 thousand US dollars if we are talking about real estate in major cities such as Istanbul, Antalya and others, and not less than 50 thousand US dollars if we are talking about real estate in smaller or less important and famous cities.
- The property must be designated for housing. If commercial properties are purchased, they will not be suitable for applying for real estate residency.
- The property must not be located in a security or military zone.
The buyer should not hold one of the five nationalities prohibited from owning real estate in the country.
- The real estate appraisal document must be extracted, which will accurately determine the value of the property and prevent any price gouging.

What are the advantages of applying for real estate residency?

There are many advantages to obtaining a real estate residence document in Turkey. One of the most important advantages is that it gives you the right to live and work in Turkey indefinitely. In addition, it allows you to own property in Turkey and apply for Turkish citizenship after five years.
Another advantage of owning a real estate residence document is that it facilitates opening a bank account and obtaining a credit card in Turkey and also allows you to register your car in Turkey and obtain a Turkish driving license. Finally, it gives you access to free public healthcare in Turkey.

How to renew a real estate residence document in Turkey?

The real estate residence permit in Turkey is valid for one year and must be renewed every year. The renewal process begins 60 days before the expiration date. To renew your residence permit, you must go to the specified place of the concerned authority where your permit was issued and submit the following documents:
- A copy of your current residence permit.
- A copy of your passport.
- 4 passport size photos.
- Completed application form.
- Proof of Turkish language proficiency (if any).
- Proof of health insurance.
- Proof of sufficient financial capabilities.

Notes when applying for real estate residency:

There is no doubt that obtaining this residence is very easy, but this does not negate that there are a set of tips and advice that you should take into consideration while implementing the required procedures, the most important of which are:
- You must have at least a passport valid for 6 months, preferably more.
- You must make sure that you have fulfilled all the required procedures, but if it is found that there is a deficiency or a defect, you will be given a period of 30 days until the problem is rectified.
- Fees must be paid in the local currency i.e. in Turkish Lira and a receipt to this effect.
- In the event that you and all your family members are going to apply for it, each file must be submitted separately from the others.
- If the applicant is under the legal age, he must be accompanied by his guardian.
- You will be able to renew it annually if you are still the owner of the property.
- Children under the age of eighteen cannot apply for it.
- In the event that the children are over the legal age, they will have to obtain other residence permits such as tourist or student, each according to his condition and status.
- After you have completed all the procedures, you must wait at your home, as the accommodation will be sent to you within days by mail to the address listed there.
- Real estate residency intersects with tourist residency in many details, but the first is stronger.

This was the most important information that interests you about the topic of applying for real estate residence in Turkey. If you have other inquiries, our real estate consultant is ready to provide you with the answers you need, and do not forget to stay up to date on our website where you will find many important topics about the real estate sector in Turkey.
Once you contact us and tell us about your desires, we will provide you with a list of the most important offers available to us that are compatible with your requirements and conditions, you have to be sure that ISTHOMS Real Estate leads you to a successful real estate investment always.

The idea of ​​buying real estate in Turkeyhas become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.

Do not forget that investing in real estate in Turkeyis only a way to gainTurkish citizenshipor real estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.

Related articles:

Renewal of real estate residence in Turkey 2023
Cheap villas in Turkey for sale 2023
Buying real estate in Turkey in installments
Endless options within the Turkish real estate market
The fastest way to obtain Turkish citizenship
Apartments for Sale in Istanbul
Successful real estate investment in Turkey 2023
Luxury real estate for sale in Istanbul 2023
Buying real estate in European Istanbul 2023
Obtaining Turkish Citizenship Through Real Estate Investment
Real Estate Investment in Istanbul 2023
Types of Turkish passport and the characteristics of each
Feature of residential apartments in Turkey
Advantages of buying a property in Turkey with Ist Homes
Commercial lands for sale in Istanbul

#Istanbul_apartments   #real_estate_investment
#Turkish_citizenship   #Turkish_real_estate   #Isthomes