Your search results

Real estate residence permit in Turkey and its importance to investors

Posted by SEO_editor on 9 July، 2022
0

Many foreigners went towards buying real estate in Turkey in order to obtain real estate residence permit.

This is in view of ” the importance of such residence and the benefits it offers.

Today’s article will be to talk about everything related to real estate residency, and how it is obtained.

What is meant by real estate residence permit in Turkey:

It is a document granted to foreigners who have purchased a property in Turkey and who wish to stay on Turkish territory. The document is granted to the owner of the property, his wife and children under the age of 18 as accompanying him.

Real estate residence permit is obtained after applying for it from the Immigration and Passports Department in Turkey. Real estate residence permit in Turkey is temporary and is renewed every year or every two years.

Conditions of Real estate residence permit in Turkey

  • In order to obtain real estate residence permit in Turkey, it is required to buy a residential property in Turkey and not for commercial or other purposes.
  • The Turkish government did not specify conditions related to the size or location of the property.
  • The price of the property must be a minimum of 75 thousand US dollars.
  • The property must be in the name of the applicant for real estate residence permit.
  • It is required that the applicant for real estate residence permit is not a national who is prohibited from owning property in Turkey.
  • The property, which has been purchased on the basis of the residence application, must not be located in an area where the Turkish government prevents ownership for security or military reasons.
  • The foreign buyer of the property must register it regularly in the title deed directorate, which is one of the most important documents required in order to obtain real estate residence permit in Turkey.

Advantages of Real estate residence permit in Turkey

Real estate residence permit in Turkey has become a goal for many because of the advantages of this residence permit:

  • Real estate residence permit allows its owner to reside legally on Turkish territory.
  • The resident’s family gets a real estate residence permit and his children under the age of 18 years residency as well” as a companion to the landlord.
  • The real estate residence permit is renewable, and the renewal process is easy and fast.
  • Real estate residence permit allows its bearer to move freely over Turkish lands, and between its states.
  • The holder of a real estate residence permit can benefit from educational services in schools and universities in Turkey.
  • Resident real estate residents have the right to benefit from free medical services, or discounts available to Turkish citizens in some treatment cases within Turkish hospitals.
  • The holder of a real estate residence permit can freely enter and leave the Turkish territory without a visa.
  • Resident real estate residents in Turkey are entitled to full residency rights in Turkey.
  • The resident is entitled to a real estate residence permit in Turkey, to open an account in Turkish banks and to send and receive funds through it.
  • Resident for more than 8 years can obtain permanent residence in Turkey.
  • He can apply for a visa in other countries, such as the European Union.
  • He can buy a private car and register it in his name.
  • The residency holder has the right to obtain a driving license in Turkey.

Does the person who obtains real estate residence permit in Turkey have the right to apply for Turkish citizenship?

It is required for the applicant to obtain Turkish citizenship that the value of the property is 400 thousand dollars minimum.

However, if the property does not meet the minimum condition of not being entitled to apply for Turkish citizenship, the real estate residence permit alone is not considered sufficient.

Real estate residency procedures in Turkey

We will state the steps necessary to apply for a real estate residence permit in order:

  • Buying a property in Turkey
  • Prepare all necessary papers.
  • Use the immigration website to complete the form.
  • Book an appointment for the interview.
  • The appointment is precisely scheduled with the day and hour.
  • Print application.
  • Adhere to the scheduled time of the interview without delay.
  • You can ask for a translator in the interview, there are many translators in the Immigration Department for different languages, and the service of the translator is free.
  • After completing the interview and obtaining your approval, the officer in charge of the interview is required to pay the fees in the department’s treasury
  • After paying the fees, you return the receipt to the same employee.

 

Documents required for real estate residence permit in Turkey:

The foreigner’s purchase of real estate in Turkey will not lead to the landlord obtaining real estate residence permit automatically. Rather, he needs to apply for residence permit. A set of papers is required to apply for residence permit:

  • A special application form for real estate residence permit.

This form must be signed by the applicant or his legal representative.

  • Passport or travel document.
  • A copy of the pages containing the applicant’s data.

These are the pages that include the passport number, the date of issuance and the end of the passport

and the entry stamp page.

  • Four photos with a white background

They must have been taken within a maximum of six months.

  • A tax number that can be obtained from the Tax Department in Turkey.
  • A health insurance policy covering the entire period of residence in Turkey.
  • The original title deed, with a copy certified by the notary.
  • A document for the building numbering plate obtained from the municipality.
  • Earthquake insurance policy, obtained from the insurance company.
  • Residence permit, which can be obtained from the department of souls to which the place of residence belongs.
  • Receipt for payment of real estate residence permit application fees.

These papers must be submitted by both the landlord applying for a real estate residence permit, and his wife and children under the age of 18.

Note that an additional set of papers is needed for boys under 18 years of age.

Which:

  • A certified copy of the family book or the issuance of the family record.

Believe it from the notary.

  • The applicant’s form states that he is under the age of 18, and the application is signed on his behalf by the father and mother.

Renewal of real estate residence permit:

Real estate residence permit is renewed two months before the expiry of the previous residence permit.

In order to renew a residence permit, the same steps as mentioned for the first time obtaining a residence permit are required.

Notes related to applying for real estate residence permit:

  • The residence application must be submitted before the expiry of the period of legal residence in Turkey, or before the expiry of the visa period.
  • Passport validity must exceed 6 months of length of stay

Otherwise, the length of stay will be reduced to suit the duration of the passport.

  • The residence application shall be submitted individually to the landlord and all members of his family.

Each person is scheduled for a special interview.

  • Parents should accompany children under 18 to the interview.
  • The appointment of the interview must be kept without any delay.
  • Residence will be issued within 30 to 60 days from the date of application.
  • Validity of real estate residence permit from one to two years.
  • The fees must be paid at the Immigration Department in cash

No other payment method is accepted.

  • In the event of any shortage of the required papers for the applicant to reside.

The responsible employee notifies him, and the papers must be completed within 30 days from the date of his notification.

  • If the papers are not completed within the specified period, the application shall be considered cancelled.

The Cost of Real estate residence permit in Turkey

  • The cost of health insurance.

The cost of health insurance varies depending on the period covered.

  • The cost of the required documents in order to apply for real estate residence permit in Turkey.
  • Tax required from the applicant.

Taxes vary from nationality to nationality.

Real estate residence permit is considered one of the best types of stays that give the owner the right to enjoy many benefits.

They also outperform tourist residence and various other residences.

Related articles:

Turkish citizenship and its importance for every investor
How to obtain a tourist residence in Turkey
Important terms in the Turkish real estate market
Five important questions before buying a property in Turkey
Number of investors who obtained Turkish citizenship 2022
Conditions for obtaining permanent residence in Turkey
Turkish passport costs
What is the difference between real estate residence permit and Turkish citizenship
Real estate for sale in Turkey suits all tastes
Real estate residency renewal
Why is real estate prices is cheap in Turkey??
Villas for sale on the Bosphorus
Why invest in real estate in Istanbul
The cheapest apartments in Turkey

#Hana_real_estate   #Turkish_real_estate

#Istanbul_apartments   #Turkish_citizenship

  • مشروع استثماري مميز بمركز إسطنبول- توبكابي

    مشروع إستثماري سكني على الطريق السريع E5 بمنطقة التوب كابي - إسطنبول يعتبرالمشروع من أضخم المشاريع السكنية والتجارية في المنطقة, حيث يقع في موقع مميز بجانب مختلف خطوط المواصلات من مترو أنفاق والترامواي وغيرها . يمتد المشروع على مساحة 156.000 متر مربع ويضم 16 مبنى إضافة إلى مول وفندق وريزدانس, يحتوي على شقق من الأنماط 1+1 حتى 5+1.....

Compare Listings