Raising the value of the property required for the real estate residence permit in Turkey

The Turkish Immigration Presidency: raising the minimum price of property eligible for a real estate residence permit to $75,000 in major cities, and to $50,000 in smaller cities.

Raising the value of the property required for the real estate residence permit in Turkey
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2022-05-31 Last update 2022-06-01

Raising the value of the property required for the real estate residence permit in Turkey

Informed sources in the Turkish Immigration Presidency indicated that there is a new decision regarding those wishing to obtain real estate residency in Turkey, given that real estate residency is one of the easiest ways to be able to reside in Turkey.

In major cities: $75,000

Based on the new resolution, those who want to obtain real estate residency in Turkey should note that it is required for this that the price of the property to be purchased is $75,000 and more in major states such as Istanbul, Ankara, Izmir, Bursa, Antalya, Gaziantep, Adana, and Mersin.

real estate appraisal

In smaller cities: $50,000

While the value of the property in it Turkish smaller cities must be $50,000 and upwards, in the event that the foreign investor desires to obtain a real estate residence permit in Turkey.

We, at Imtilak Real Estate company, indicate for those wishing to obtain real estate residency that the real estate appraisal report should be equal to the aforementioned minimum to ensure the issuance of real estate residency.

Edited by Imtilak Real Estate ©

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