Buying an apartment in Turkey to obtain residency

Is it possible to obtain residency in Turkey by purchasing an apartment?

You can obtain real estate residency by buying an apartment in Turkey to obtain residency. Real estate residency in Turkey is the real estate key that opens doors for investors, and to obtain Turkish citizenship if the property price exceeds $400,000. Therefore, we will list the procedures related to how to obtain real estate residency in Turkey, which are as follows:

• Buying a property in one of the Turkish provinces and obtaining the title deed.
• Booking an appointment online for real estate residency.
• Preparing the required documents to obtain real estate residency in Turkey.
• Attending the interview at the Directorate of Migration, either personally or through an official power of attorney for the agent.
• Submitting the required documents to the responsible employee.
• Paying the fees imposed for real estate residency in Turkey.
• Waiting for approval to grant real estate residency from the Migration Directorate in the province where the application was submitted in Turkey.
• Sending the real estate residency card by one of the postal services to the investor's home address, which was registered when submitting the documents.

Law of buying an apartment in Turkey to obtain real estate residency 2024

Real estate residency in Turkey is a document obtained from the migration offices in Turkish provinces, allowing its holder to enjoy rights of education, healthcare, and living in Turkey legally. This residency is temporary and needs to be renewed annually.

This residency is granted to foreign individuals wishing to own property in Turkey and settle there. It is also granted to the spouse and family members, including children under 18 years old.

The law of real estate residency in Turkey falls under articles 31 to 33 of the Law on Foreigners and International Protection No. 6458, in addition to articles 28 and 29 of the executive regulation related to the implementation of the Law on Foreigners and International Protection, under the category of short-term residency, which is granted to many categories, including those wishing to buy properties in Turkey.

Some clauses have been updated regarding the value of the property required to obtain real estate residency in Turkey.

Conditions for buying an apartment in Turkey to obtain real estate residency

Many investors or those wishing to own property ask many questions about real estate residency. What are the conditions for real estate residency in Turkey? To answer this question, we say:

Regarding the conditions for obtaining real estate residency in Turkey, it is necessary to buy a property in Turkey. After purchasing the property, it must be registered at the title deed directorate, and obtain the title deed, which is one of the most important official documents required to obtain property residency in Turkey.

Required documents to buy an apartment in Turkey to obtain residency

As for the required documents to buy an apartment in Turkey to obtain real estate residency, the following documents must be submitted:

1. Application form for real estate residency.
2. Passport valid for at least 6 months.
3. Visa with entry stamp to Turkey.
4. Having what is known as DASK, i.e., earthquake insurance for the property.
5. Health insurance certificate, which can be obtained from Turkish insurance companies.
6. Family book translated into Turkish and certified by a notary in Turkey.
7. Title deed registered in the name of the property owner.
8. 4 personal photos.
9. Proof of a fixed monthly income of no less than $500 per month.

10. Bank account.

Which apartments are not covered by the real estate residency law?

Anyone wishing to obtain real estate residency in Turkey should note that it is required for the property price to be at least $75,000 in major provinces such as: Istanbul, Ankara, Izmir, Bursa, Antalya, Gaziantep, Adana, and Mersin.

While the property value in smaller Turkish cities must be at least $50,000 if the foreign investor wishes to obtain real estate residency in Turkey.

It should be noted that the property valuation report must match the mentioned minimum to ensure the issuance of real estate residency.

You may be interested: Can a refugee buy property in Turkey?

Imtilak Real Estate services for those wishing to buy an apartment in Turkey to obtain residency

Our services at Imtilak Real Estate are divided into two types:

• Pre-purchase services, which include:

1. Reception from the airport to the hotel.
2. Hosting and accommodation services.
3. Specialized real estate consultations.
4. Free real estate tours.

• Post-purchase services, which include:

1. Organizing the purchase process and real estate brokerage.
2. Receiving the property and verifying its compliance with the contract.
3. Obtaining real estate residency and following up on Turkish citizenship files for our clients.
4. Opening a bank account in Turkey.
5. Preparing the property for use (decoration, furnishing, etc.).
6. Managing property affairs: renting, resale, following up on taxes, fees, and bills related to the property.

Edited by: Imtilak Real Estate©

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