Real estate residence in Turkey by buying an apartment
Turkish law gives foreigners the ability to enjoy the rights of education, medical care, and living in Turkey legally through real estate residence by purchasing a property in Turkey, and it must be noted that real estate residence needs to be renewed annually.
Foreigners wishing to settle and own property in Turkey have the right to apply for a real estate residence permit. The wife and children under the age of 18 can also obtain a real estate residence permit.
What are the procedures for obtaining real estate residence in Turkey?
Real estate residency can be obtained by buying an apartment in Turkey to obtain residency, as real estate residency in Turkey is the real estate key that makes the doors open for investors to obtain Turkish citizenship if the price of the property exceeds 400 thousand dollars, so we will list the procedures related to how to obtain Real estate residence in Turkey, which is:
- In the beginning, a property must be purchased in one of the Turkish states, and the title deed document must be extracted.
- Secondly, the buyer must book an appointment from the real estate residence website, along with preparing all the necessary papers to obtain a real estate residence in Turkey.
- Going personally to the Directorate of Immigration to attend the interview or a legal representative may be represented, and here the required papers and documents are handed over to the responsible employee.
- The fees involved in applying for a real estate residence permit in Turkey are paid.
- The immigration department in the state to which the application was submitted in Turkey grants approval for real estate residence.
- Finally, the real estate residence card is received, which is sent by mail to the investor’s address.
Conditions for buying an apartment in Turkey to obtain residency
The first and most important step is to buy a property in Turkey and then register the property in the Land Registry Directorate and obtain the title deed, which is the most important document in the process of obtaining real estate residence.
What are the papers required to buy an apartment in Turkey to obtain residency?
- Real estate residence application.
- Title deed or Tapu registered in the name of the property owner, in addition to 4 personal photos.
- The presence of a valid passport for not less than 6 months with a visa bearing the stamp of entry into Turkish territory
- If the investor is married, a family translator must be presented in Turkish and certified by a notary in Turkey (Notre).
- Seismic insurance for the purchased property.
- Submission of a document proving the existence of a fixed monthly income of at least $500 per month with a bank account.
- Medical insurance papers can be obtained from Turkish insurance companies.
What are the apartments that the real estate residence law does not apply to?
In the case of buying a property within one of the large Turkish states such as Istanbul and Ankara, where the value of the property must not be less than 75 thousand US dollars to obtain real estate residence, in addition to the states of Izmir, Bursa, Antalya, Gaziantep, Adana, and Mersin.
In the smaller Turkish states, the value of the property is not less than 50 thousand US dollars.