Welcome to our new blog, where we will talk about investor residency in Turkey and everything related to it Turkey is one of the countries that attracts many investors, thanks to its booming economy and its important geopolitical position in the region you are thinking of investing in or obtaining residency in Turkey, here is everything you need to know about the process.
Investor and real estate residency: the differences
Real estate residency and investor residency in Turkey are somewhat similar, but they differ in the reasons and objectives related to obtaining them, for example, real estate residency grants foreigners who buy real estate in Turkey the right to permanent residence in the country, while investor residency allows foreigners who wish to establish a company in Turkey and the establishment of official business obtaining permanent residence as well as it is a matter of distinguishing between the rights granted by the real estate residence and the investor’s residence as the investor can also obtain Turkish citizenship if he spent in the country no less than five years and obtained an investor residence permit.
Obtaining Turkish citizenship after 5 years of residence
Obtaining Turkish citizenship after 5 years of residence in Turkey is one of the common options among investors interested in investing in Turkey obtain it, other conditions are required, such as knowledge of the Turkish language, a good biography, health and security certificates, etc…, as this option is characterized by the fact that it gives the investor many rights and privileges. similar to the rights of a Turkish citizen as it also allows him to benefit from the services and opportunities provided by the Turkish state to Turkish citizens.
Request for tourist residence in Turkey: procedures and specific period
When requesting a tourist residence permit in Turkey, the applicant must submit a residence application form, bearing a recent personal photo and a passport that bears the airport stamp as the validity of the residence permit must be at least one month, and the applicant must announce his place of residence and the period he requests for the tourist residence
He may also be asked for his health insurance certificate, and the length of stay in Turkey is determined as it is 90 days on more than one entry within 180 days and once the tourist residency expires, you must leave Turkey, therefore, if you plan to stay for a longer period as it is mandatory to obtain a work or investment residency, and you can also update your residency through the Immigration and Passports Department in coordination with the competent authorities, and you must be careful to adhere to the specified procedures to avoid any problems.
Real estate residence: the questions investors ask
Real estate residence is an important document for investors wishing to invest in Turkey, and investors are expected to ask important questions about this type of residence, including: What is the legal duration of real estate residence? Is it possible to obtain Turkish citizenship through real estate residence? What are the papers required to obtain this type of residency? Investors may also ask whether they have the right to continue working in Turkey after the expiration of the real estate residence permit, and we recommend that comprehensive answers to all these questions be obtained before purchasing and obtaining the property.
Benefits of Investor Residency in Turkey
Investor residency in Turkey provides many opportunities and privileges, as it gives its holder the right to live and invest in the country legally and legitimately, which makes Turkey an attractive destination for foreign investors, in addition, real estate residency provides many advantages such as enjoying public rights and services as holders of Turkish citizenship, and providing tax exemptions on real estate property for foreign investors.
also, real estate residence holders can enter Turkey personally or for business purposes without the need to obtain a visa, and they can live and work in the country without the need to obtain a work permit, therefore, investing in real estate in Turkey is one of the profitable and recommended options for investors wishing to obtain successful and sustainable investment opportunities.
Obtaining work or investor residency is necessary
If you have residency in any other country, obtaining a work or investor residency in Turkey would be the ideal option for you as this is after the availability of some necessary conditions and papers, and it is possible to obtain an investor’s residence in Turkey through investing in real estate, and establishing business and trade relations obtaining on-the-job training, participating in exchange programs, and family residency holders are also entitled to apply for one of the other types of short-term residency, in addition, the Turkish government is working to facilitate the purchase of a real estate in Turkey for foreigners, which makes investing in Turkey a good option for holders of residency in other countries.
Reasons and motives for investing in Turkey
Turkey is an ideal investment destination for foreign investors, due to many crucial factors, as it enjoys an ideal strategic location linking the European and Asian continents, and its economy is growing rapidly and provides great opportunities for many vital sectors, in addition, Turkey enjoys stability and security that makes it very attractive to investors. Investors also enjoy many privileges and facilities from the Turkish government, such as obtaining real estate residence, which gives many rights to investors, in addition to the available financing services that help in the development of business and investments, therefore, investing in Turkey is an ideal choice for investors looking for the best investment opportunities in the Middle East.
If you have any questions about the real estate sector in Turkey, do not hesitate to ask for help from our real estate consultants or visit our website, through us, you can get acquainted with the available opportunities from apartments for sale in Istanbul to other Turkish states more closely; because you are accompanied by an expert and specialist in the Turkish market for many years.
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