Are you planning to get a real estate residence permit in Turkey? Lale Real Estate Group provides you with a set of the most important frequently asked questions related to real estate residence.
Frequently Asked Questions about The Real Estate Residence Permit in Turkey
What is a real estate residence permit in Turkey?
A renewable residence permit that can be obtained after buying a property in Turkey.
How long can you stay in Turkey if you own a property?
If you own a property in Turkey, you can stay for a year with a real estate residence permit, which can be renewed.
Do you get residency if you buy property in Turkey?
Yes, buying a property in Turkey can grant the investor a renewable real estate residence permit. The wife and children under 18 are also included and can get the residency.
What do you need to get residency in Turkey by buying a property?
In order to get residency in Turkey by buying a property, some conditions are required:
1- The buyer must purchase a property and register it by his name.
2- The property must be registered in the Land Registry.
3- Obtaining the required documents.
What are the requirements to get residency in Turkey by buying a property?
There are some required documents for getting real estate residence in Turkey, including:
1- A valid passport.
2- A copy of the entry visa to Turkey.
3- 4 biometric photos.
4- Earthquake insurance of the property.
5- Health insurance.
6- A family statement.
7- Proof of a fixed monthly income of at least $500.
8- Bank account.
9- Residence application.
What are the advantages to get residency in Turkey by buying a property?
Among the most important advantages of the real estate residence permit:
1- Enjoying all residence permit rights, and the possibility of entering Turkey without visas or prior security approvals.
2- The real estate residence permit in Turkey is considered stronger than the tourist's one in terms of its renewal and duration.
3- Opening a bank account easily.
4- The possibility of applying to the embassies of other countries from inside Turkey to get visas.
5- Applying for a Turkish driving license.
6- Obtaining educational services in Turkish schools and universities.
7- The possibility of obtaining permanent residency after 8 years of purchasing the property.
Does buying a property in Turkey give you residency?
Yes, buying a property in Turkey entitles the foreigner to get a real estate residence permit.
What is the minimum property requirement to obtain a real estate residence permit in Turkey?
The minimum property requirement for obtaining real estate residency in Turkey in the major cities is $75 thousand, while in smaller cities it is $50 thousand.
What is the duration of the real estate residence permit in Turkey?
The duration of the real estate residence permit in Turkey is often a year, and it is renewable annually as long as the property exists.
How long does it take to renew a real estate residence permit in Turkey?
As soon as sixty days remain before the expiration of your current residence, you can submit a request to renew your real estate residence permit in Turkey. And applying early for the renewal is always preferable.
How can the real estate residence permit in Turkey be renewed?
To renew the real estate residence permit in Turkey, it is only necessary for the property to be registered in the name of the property owner in the Land Registry.
Can those who obtain a real estate residence permit apply for Turkish citizenship?
When the value of the property owned reaches $400,000, those who have obtained a real estate residence permit in Turkey may apply for Turkish citizenship.
Which Turkish provinces offer two-year real estate residence permits?
Regarding the length of the period of real estate residence permit, it is up to the responsible administration, not the location of the property.
Still have questions about real estate residence permits in Turkey? Get in touch with us now!