Turkey is one of the best countries, and many foreigners have chosen it as a second home. This article will provide a complete guide to Turkey residency by buying a property, Turkey residency by investment, and requirements to buy a property in Turkey and get residency.
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Types of Turkish Residence Permit
In addition to Turkey residency by buying a property, there are other 6 types of residence permit in Turkey that allow you to stay in Turkey legally:
Short-term Residence Permit
This type of residency is granted to:
- Foreigners who visit Turkey to conduct scientific research and studies.
- Foreigners who want to buy a property and get residency.
- For foreigners engaged in or planning to engage in commercial activities.
- Foreigners who participate in training courses and certified Turkish language classes.
- Tourists who visit Turkey from other countries.
- Foreigners seeking medical care in Turkey.
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Family Residence Permit
This type of residence permit is granted as in Article 26 of Law No. 5901 to Turks and foreigners who have obtained one of the residences, refugees, as well as holders of subsidiary protection. It is valid for three years and is given to:
- Foreign spouse
- Children under the age of 18
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Student Residence Permit
Student residence is granted to students who complete their education in Turkey.
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Long-term Residence Permit
This type of residence permit is granted to people who have lived in Turkey legally for more than 8 years without interruption. It is not granted to people who are refugees or restricted persons, holders of subsidiary protection, humanitarian residence, or temporary protection.
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Humanitarian Residence Permit
It is granted to people who have special humanitarian situations, such as people who cannot return to their homelands.
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Residence Permit for Victims of Human Trafficking
It is granted to those who have been affected by human trafficking. It is valid for 30 days and can be renewed anytime.
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Difference Between Tourist Residency and Turkey Residency by Investment
In general, both residences, whether Turkey residency by investment or the tourism residency, belong to the same type of residence, which is the short-term residence, but the possibility of renewing Turkey residence by buying a property is stronger and safer.
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What does Turkish Residency by Buying a Property Mean?
Turkey residency by buying a property is a type of document issued to foreigners who own a property in Turkey, where the property must be a residence and used for housing purposes.
If the family members own a share of the property, they can also apply for Turkish residency by buying a property.
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Buy a Property in Turkey and Get Residency
To buy a property in Turkey and get residency is a type of document that enables a person to stay in Turkey legally and obtain medical and education rights, and it is constantly renewed in the Turkish Immigration Service.
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Law of Buying a Property in Turkey for Residency
People who want to get residency in Turkey must fulfill the most important condition to obtain it, which is to buy a property in Turkey and get residency by transferring the title deed to their name, and then preparing the necessary papers.
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Requirements for Turkey Residency by Buying a Property
In order to get Turkey residency by buying a property, you must first purchase a house in Turkey regardless of its area and location, ensure the safety of the property legally, register it on the name of the applicant for Turkish residency by buying a property, and then receive the title deed.
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Documents Required for Turkish Residency by Buying a Property
When applying to get Turkey residency by investment, and especially when buying a property in Turkey for residency, the following documents should be prepared:
- Turkish residency by buying a property application form.
- A copy of the passport.
- Four biometric photos.
- Proof of the financial ability to stay for the duration of Turkey residency by investment.
- Receipt of payment of Turkey residency by investment.
- Medical health insurance.
- Address registration proof document.
- Tapu document.
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Benefits to Buy a Property in Turkey and Get Residency
There are numerous benefits to buy a property in Turkey and get residency, as it is followed:
- Living and working in Turkey legally.
- The family of the property owner in Turkey (wife / children under 18 years old) can enjoy the rights and benefits of Turkey residency by investment.
- The possibility of renewing the Turkish residency by investment easily and without any problems.
- Complete freedom of movement within Turkey and its regions and cities after you buy a property in Turkey and get residency.
- The right of education (schools and universities)
- Get benefit from the health care system in Turkey and to obtain medical treatment within Turkey’s hospitals, either free of charge or at low prices.
- Obtaining permanent Turkey residence by buying a property after a period of eight years.
- When the value of the property reaches 400 thousand dollars, the owners who buy a property in Turkey and get residency can apply for Turkish citizenship.
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Duration of Turkey Residence by Investment
After buying a property in Turkey for residency, the real estate residence permit is granted within a period of a year, and it is renewable easily.
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How to Renew The Turkish Residency by Investment?
The process of renewing the Turkish residency by investment begins at least two months before the expiry of its validity period, and there are some documents required when renewing the Turkish residency by buying a property, which are:
- Four personal photos.
- Tapu document.
- Passport copy.
- Fee payment receipt.
- A copy of the current Turkish residency by buying a property.
- Turkish residency by investment renewal application.
- Health insurance.
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Fees of Turkish Residency by Buying a Property 2022
The fees of Turkish residency by investment is not expensive and varies from one nationality to another, but it does not exceed 200 dollars, and there are other fees for the issuance of the title deed paper, health insurance, and an application for Turkey residency by buying a property.
The minimum acceptable property price for the Turkish residency by buying a property is $75,000.
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Best Ways to Buy a Property in Turkey and Get Residency
The best way to buy a property and get residency is buying a property from a trustworthy real estate company.
You should always be aware of the diversity in the Turkish real estate market, which includes thousands of different styles of properties, some of which may not suit your requirements.
So, you must deal with a reliable real estate company in order to overcome the difficulties and reach your goal of buying a property in Turkey for residency.
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Top Projects to Buy a Property in Turkey and Get Residency
Here are some options that may suit your request of buying a property in Turkey for residency:
Mavera Residence Project
Mavera Residence is a residential and investment project on Istanbul’s European side in the Basaksehir area.
It consists of two residential buildings with a total of 370 apartments of 1 + 1 and 2 + 1 styles.
For more details to buy a property and get residency from Mavera Residence Project, click here.
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Demir Life Project
The project is an excellent investment opportunity due to its strategic location in Buyukcekmece, Istanbul.
Demir Life residents can enjoy panoramic sea views, five-star living, perfect prices, and luxury designs.
For more details to buy a property and get residency from Demir Life Project, click here.
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Casablu Istanbul Project
The project is located in Buyukcekmece, one of Istanbul’s quietest neighborhoods away from the city’s crowds.
Casablu Istanbul is a project with apartment units offering a breathtaking view of the Marmara Sea.
For more details to buy a property and get residency from Casablu Istanbul Project, click here.
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Frequently Asked Questions about Buying a Property in Turkey for Residency
Do you get residency if you buy a property in Turkey?
Yes, if you buy a property in Turkey with a minimum value of $75,000, you can get residency.
Can foreigners buy a property in Turkey and get residency?
Yes, foreigners can buy a property in Turkey and get residency, but only if the property is worth $75,000 or more.
How to buy a property in Turkey and get residency?
In order to buy a property in Turkey and get residency, you should buy a property that costs at least $75,000.
Can UK citizens buy a property in Turkey and get residency?
Yes, UK citizens can buy a property in Turkey and get residency.
How much do you need to invest in Turkey for residency?
You need to invest $75,000 in Turkey in order to get residency.
Does buying a property in Turkey give you residency?
Yes, buying a property in Turkey with a minimum value of $75,000 gives you residency.
How long can you stay in Turkey if you own a property?
If you own a property in Turkey, you can get Turkish residence by investment, which allows you to stay for a year, with the opportunity to renew it.
How long does it take to get Turkish residency by buying a property?
It takes approximately a month to get Turkish residency by buying a property.
Can I get Turkey residence permit by buying a property?
Yes, you can get Turkey residence permit by buying a property with a minimum value of $75,000.
Can I get Turkey residence permit by investment?
Yes, you can get Turkey residence permit by investment in real estate with a minimum value of $75,000.
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Resources: Turkey Immigration Website
