Real Estate Residence Permit in Turkey- Everything You Need to Know

Real Estate Residence Permit in Turkey- Everything You Need to Know

Types of Different Residence Permits in Turkey

Buying a property in Turkey and living in it is not the only type of residence in Turkey, where Turkey is an attractive environment for energy and resources on several levels. Therefore, the types of residence permit in Turkey vary according to the purpose of his or her stay in Turkey according to the following types:

1. Tourism Residence in Turkey.

2. Long-Term Residence in Turkey or Permanent Residence.

3. Work Residence in Turkey: work permit turkey 

4. Student Residence in Turkey.

5. Humanitarian Residence Permit in Turkey.

6. Family Stay in Turkey.

Property Residence Permit in Turkey- Real Estate Residency 

Is a short, renewable stay for foreigners who own real estate in Turkey, where there have been many encouraging campaigns for buying a real estate in Turkey, such as own in Turkey and get a residence permit; this permit is usually granted for one year; the wife and children under the age of 18 have the right to get this permit as escorts.

Required Documents to Get Real Estate Residence in Turkey

• Title deed of the property (tapu).
• Property earthquake insurance.
• A valid passport for a minimum period of six months.
• A family statement of children translated into Turkish and certified by the Turkish Embassy in the mother country.
• Health insurance in Turkish territory for each member of the family.

Privilages of Real Estate Residence Permit in Turkey

• Real estate permit is similar to tourist permit in many respects, but the former is stronger in terms of viability and duration of renewal granted.

• Ownership permit enables the owner of the property to reside on Turkish land only, by buying an apartment in Turkey and residence, for example, but not entitled to apply for Turkish citizenship through this residence, unless the property is worth at least $ 400 thousand, Then the owner is entitled to apply for Turkish citizenship in return for buying a property on specific terms.

• When renewing the real estate residence permit there must be a tapu document (title deed) on which the residence was granted and it is not permissible to apply by something else!

What is the minimum value of property eligible for a real estate residence permit?

Those who want to obtain real estate residence in Turkey should pay attention to the fact that the price of the property to be purchased must be $75,000 onwards in large cities such as Istanbul, Ankara, Izmir, Bursa, Antalya, Gaziantep, Adana and Mersin.

The property in smaller Turkish cities must be worth $50,000 onwards if the foreign investor wishes to obtain real estate residency in Turkey.

It should be noted that the real estate valuation report should be equal to the mentioned minimum value to ensure the extraction of a real estate residence permit.