Real Estate Residence Permit in Turkey 2024
Learn about the concept of real estate residence permit in Turkey:
A real estate residence permit in Turkey is a procedure that allows foreign investors to obtain long-term residence in the country through property ownership. This card presents an attractive opportunity for individuals who are interested in investing in Turkish real estate and enjoying life in Turkey for an extended period.
This permit is issued by the branches of the Directorate General of Migration Management in Turkish cities and regions.
How to obtain a real estate residence permit in Turkey:
Foreign investors must follow the following steps:
Purchase property: The investor must buy a property in Turkey with a value of at least $200,000. The property can be for family residence or investment purposes, such as an apartment, villa, or commercial shop.
Property verification: It is important to ensure that the purchased property complies with the conditions and standards specified by the Turkish authorities.
Document submission: The required documents must be submitted to the Directorate General of Migration Management in Turkey. These documents include a valid passport, personal photos, residence permit application form, and the property ownership document.
Payment of fees: The fees associated with the real estate residence permit process must be paid, and they may vary in amount according to current regulations.
Personal appointment: A personal appointment must be attended at the Directorate General of Migration Management office to submit the documents, provide personal information, and undergo the necessary interview.
Application review: After submitting the application and conducting the interview, the application will be reviewed, and the real estate residence permit will be issued if approved.
It should be noted that the real estate residence permit grants the right of residence to the investor and their immediate family members (spouse and children under the age of 18) for a period of up to ten years. The residence permit can be renewed at the end of each valid period.
After obtaining the real estate residence permit, investors can enjoy various advantages in Turkey, including the right to work, open a bank account, access healthcare and education services. Additionally, holders of the real estate residence permit can benefit from tax and investment residency programs in Turkey, such as the “Citizenship by Investment” program, which provides an opportunity to obtain Turkish citizenship through real estate investment.
It is important to note that holders of the real estate residence permit must comply with immigration and residence laws in Turkey and adhere to the specified conditions and requirements. Failure to comply with these conditions may result in the cancellation of the residence permit.
To obtain more detailed information about the real estate residence permit in Turkey and the current requirements, please contact us as soon as possible to learn more.
