One of the primary motivators for real estate investment in Turkey is the desire to obtain a real estate residence permit, which is regarded as one of the most important types of residence permits due to the benefits that its holder receives, the ease with which it can be renewed, and the ease with which it can be obtained.
If you have any queries concerning real estate residence permits, please read this article written by the editorial staff at Number One Property Company.
How to obtain real estate residence in Turkey?
Many requirements must be met before getting this residency, including the following:
- The property must be meant for residential use, and it is not possible to apply through it if it is commercial.
- Its cost must be at least $75,000 US dollars.
- It must not be in a security or military zone.
- The buyer must not be a member of one of the forbidden nationalities.
- Extract the real estate evaluation document that adjusts real estate values.
How is the real estate residence permit renewed?
One of the most essential aspects of this residency permit is that it may be easily renewed. The foreigner is still the property's owner, and he must follow all of the steps he took the first time. It should be mentioned in this regard that this residency permit is only valid for a full year.
The benefits of getting real estate residence
When we refer to this residence, we mean a collection of benefits that motivate foreigners to obtain it to take advantage of its many benefits:
1 – Staying legally on Turkish land without exposure to any violation and with the possibility of annual renewal, there is no need to worry at all.
2 - All family members can obtain it, but the children must be under the legal age, that is, under eighteen, and if the owner of the property is married to two women, only one can apply for it after obtaining the consent of the other.
3- He can benefit from all the services that are provided to the Turkish citizen, such as treatment in Turkish hospitals and private clinics, and education in the most important schools and universities.
4- If the property conforms to the conditions for Turkish citizenship, it can be applied for as well.
5 – Its holder can move between Turkish states easily without having to take a travel permit or adhere to any restrictions, and he can also travel outside Turkey and return without having to obtain a visa.
6- Those who reside in Turkey can benefit from the spread of recreational facilities, such as visiting historical places, malls, museums, forts, and others.
7 - The costs and fees for applying for it are appropriate and not exorbitant.
Papers required to obtain real estate residency
Obtaining a residence document in Turkey is relatively simple, as all you need are the following documents: a copy of the title deed (Tapu) for the property to be purchased, passports valid for long periods for both the investor and his family, and an application document containing general and personal information for the investor.
Notes about real estate residence
If you want to get this residency, there are several things you should know and keep in mind, including the following:
- The applicant must have a passport that is valid for at least 6 months.
- If all family members apply, separate applications must be submitted for each person.
- Fees must be paid to the relevant authority in Turkish lira.
- If any of the provided papers are missing, the applicant has thirty days to correct the problem.
Reasons for residing and settling in Turkey
1 - Turkey has one of the lowest costs of living in Europe, with housing prices lower than many other European countries and this makes it an ideal destination for people who want to live on a budget while still enjoying a high quality of life.
2 - Turkey's strategic location between Europe, Asia, and Africa makes it easy to travel around the world without having to spend a lot of money on transportation costs.
3 - Turkey has a rich history dating back thousands of years and its culture is incredibly diverse, with influences from all over the world and this makes it an exciting place to explore different cultures and learn about new ways of life.
4 - Turks are very welcoming and will make you feel at home no matter where you come from. They have a long tradition of hospitality and will go out of their way to help those new to their country settle in quickly and easily.
Can real estate residences in Turkey be refused?
If you do not have enough money to maintain yourself throughout your stay, you may be denied residency. Before they are given, the Turkish government demands confirmation of financial means, and it is critical to supply enough money to meet living expenses and other connected charges.
If you have been convicted of any criminal activity in the past or present, this can also lead to refusal of residence, as the Turkish government takes its security very seriously and will take into consideration your criminal record.
It is important to note that foreigners are not allowed to purchase land or property located within the military zones, all real estate applications must be approved by the local authorities before any transaction can take place.
All those in charge of Number One Property are always ready to accompany you on the journey of owning real estate in Turkey. We help you obtain real estate residency and Turkish citizenship for you and all members of your family. We answer your questions and provide you with all the support you need.
You can visit our website regularly to view the most relevant items related to the Turkish real estate business, through which we monitor the different areas that you are interested in learning about.
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