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Are you dreaming of living in the mesmerizing land where the East meets the West? Turkey's rich history, vibrant culture, and stunning landscapes make it a popular choice for expats and investors alike. But how can you make this dream a reality? A residence permit allows you to legally reside in Turkey long-term. Therefore, There are different types of residence permits, but One path worth exploring is obtaining a residence permit through the purchase of real estate. In this comprehensive guide, we'll walk you through the process, requirements, and benefits of securing your Turkish residence permit by investing in property in 2023.

 

 

Overview of Residence Permits in Turkey

There are a few different types of residence permits available in Turkey:

 

Short-Term Tourist Permit: This permit allows you to stay in Turkey as a tourist for a maximum of 90 days. It's relatively easy to obtain and is ideal for people who want to visit Turkey for a short vacation or for tourism purposes. It's temporary and not meant for long-term stays or residency.

 

Long-Term Residence Permit: The long-term residence permit is for individuals who want to live in Turkey for extended periods, typically multiple years. Qualifying for this permit can be more challenging than a tourist permit, as it often requires meeting specific criteria such as financial stability, health insurance, and other requirements. It offers more permanence and is suitable for those who wish to make Turkey their home.

 

Work Permit: If you have a job offer in Turkey, your employer usually handles the process of obtaining a work permit on your behalf. This permit allows you to work legally in Turkey. Work permits are typically tied to your employment and may have specific conditions and durations based on your job contract.

 

Student Permit: If you're planning to study at a Turkish university, you can obtain a student residence permit for the duration of your academic program. This permit allows you to live in Turkey while you pursue your studies and is usually tied to your enrollment in a recognized educational institution.

 

These permits serve different purposes and have varying eligibility requirements. It's essential to understand which type of permit suits your situation and to follow the necessary application procedures and requirements to ensure legal residency or stay in Turkey. Additionally, regulations and requirements may change over time, so it's advisable to check with the relevant Turkish authorities or consult with immigration experts for the most up-to-date information.

What is a Real Estate Residence Permit?

A real estate residence permit in Turkey is an official document granted by the immigration authorities of Turkish provinces. It affords its holders the privileges of accessing education and healthcare services while enabling them to reside in Turkey legally. It's worth noting that this residence permit is of a temporary nature, requiring annual renewal. This particular type of residence permit is extended to foreign individuals desiring to acquire property in Turkey and establish their residence there.

 

 Here's a breakdown of the key facts about Real Estate Residence Permit:

1. Issuance by Directorate of Migration Management: The real estate residence permit is issued by the Directorate of Migration Management in Turkey. This is the government agency responsible for immigration matters in the country.
2. 1-Year Renewable Permit: Initially, the real estate residence permit is issued for a duration of one year. However, it is renewable, meaning you can extend your stay in Turkey by renewing the permit.
3. Property Ownership Requirement: To qualify for this permit, you must purchase property in Turkey and use it as your residence. The property can be a house, apartment, or another type of residential real estate. The ownership of the property is a key requirement for obtaining and renewing the permit.
4. Renewal Process: After the initial one-year period, you can easily renew the permit as long as you still own the property. This means you can continue to reside in Turkey legally without the need for a different type of visa or permit.
5. Dependents' Eligibility: Your spouse and children under the age of 18 can also obtain residence permits as your dependents. This allows your immediate family members to live with you in Turkey while you hold the real estate residence permit.

 

It's important to note that immigration policies and requirements can change, so it's advisable to check with the Turkish Directorate of Migration Management or consult with a legal expert for the most up-to-date information and guidance if you are considering applying for or renewing a real estate residence permit in Turkey.

The main benefits are the relative ease of renewal and the ability to bring your family. It provides a legal long-term residence option.

Required Documents to Apply For a Real Estate Residence Permit

If you plan to apply for this type of permit, make sure you have these documents ready:

• Your passport, valid for at least 6 more months
• An official copy of the title deed (Tapu) showing ownership of the property
• Proof of valid health insurance
• Proof of valid home insurance covering earthquakes

You'll also need a few other items like application photos and translated copies of birth certificates for dependents. The full list is available from the Immigration Management Directorate website.

Step-by-Step Process to Obtain a Real Estate Residence Permit

Here is the typical process you can expect:

1. Purchase Property in Turkey

First, you need to buy and register the property under your name and obtain an official title deed. A lawyer can help manage this process.

2. Book an Appointment at the Immigration Office

Go online or in person to the Immigration Management Office and schedule an appointment. They have branches in major cities.

3. Submit Documents at Interview

Attend your appointment and provide the required documents outlined earlier. They will review and verify them.

4. 4. Pay Required Fees

You'll need to pay application fees. The cost depends on the type of residence permit. Expect to pay around $100-200 per person.

5. Receive Your Permit Card

If approved, your residence card will be issued within about 2 weeks and mailed to you. Now you can legally reside in Turkey!

Is There a Minimum Property Value Requirement?

1. Previous Rules: Before May 2022, there were no specific minimum value requirements for purchasing property. In other words, you could buy a property of any value, whether it was expensive or inexpensive, in both major and smaller cities without any minimum price restrictions.
2. New Rules as of May 2022:
   • Major Cities: In major cities (typically larger and more economically developed cities), a new rule was introduced. It states that if you want to buy property in one of these major cities, the property you intend to purchase must have a minimum value of at least $75,000 USD. This means that you cannot buy a property in a major city for less than $75,000 USD as of May 2022.

          These cities are: Adana, Antalya, Aydin, Balikesir, Bursa, Denizli, Diyarbakir, Erzurum, Eskisehir, Gaziantep ,Hatay, Istanbul ,Izmir, Kahramanmaras, Kayseri, Kocaeli, Konya, Malatya ,Manisa ,Mardin, Mersin ,Mugla, Ordu Sakarya, Samsun, Sanliurfa, Tekirdag, Trabzon, Van

 

• Smaller Cities: Similarly, in smaller cities (typically less populous or economically developed areas), another new rule was implemented. It requires that the property you want to buy in a smaller city must have a minimum value of at least $50,000 USD. This means that you cannot buy a property in a smaller city for less than $50,000 USD as of May 2022.

 

These changes were put in place to establish minimum price requirements for property purchases, with higher minimums in major cities and lower minimums in smaller cities. The goal may have been to regulate property markets, promote certain types of development, or address housing-related issues specific to each type of city.

Key Benefits of Getting a Real Estate Residence Permit

Obtaining this type of permit comes with some nice perks:

1. Easy Renewals: One of the significant advantages of a real estate residence permit in Turkey is that it offers easy annual renewals. As long as you continue to own the property, you can renew your permit without much hassle. This can be more convenient compared to other types of permits that might have stricter renewal requirements.
2. Resident ID Card: As a holder of a real estate residence permit, you can apply for a Turkish resident ID card. This card serves as official identification within the country, making it easier for you to conduct various transactions and access services.
3. Banking: With a real estate residence permit, you have the option to open a Turkish bank account. This can be beneficial for managing financial affairs while residing in Turkey, such as handling property-related expenses and conducting everyday banking activities.
4. Travel: Perhaps one of the most significant benefits is that with your real estate residence card, you don't need to apply for visas to enter Turkey. This simplifies travel to and from Turkey, making it easier for you to visit or stay in the country.

These benefits make the real estate residence permit an attractive option for individuals who want to own property in Turkey and enjoy the associated privileges. However, it's essential to keep in mind that immigration and residency regulations can change over time, so it's always a good idea to consult with the relevant authorities or legal experts to get the most up-to-date information and guidance.

 

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Frequently Asked Questions

 

For how many years can I renew the real estate residence permit?

You can renew for as long as you retain ownership of the property. There’s no maximum limit. The renewals are granted in 1-year or 2-year increments.

Can I get this permit by buying land or commercial property?

No, you need to purchase property intended for housing/residential use to qualify for this specific permit. Vacation homes or primary residences meet the requirement.

Can I eventually get citizenship after staying in Turkey for several years?

Unfortunately, the real estate residence permit alone doesn't directly provide a path to citizenship. However, it does allow you to legally reside long-term.

Can I work in Turkey if I have this type of permit?

No, this permit does not authorize you to be employed. You would need a separate work permit for that.

Can I travel visa-free with this permit?

The permit allows visa-free travel and re-entry to Turkey only. For other countries, you still need to apply for visas as a Turkish residence permit holder rather than a citizen.

Ready to Buy a Property in Turkey?

Buying property in Turkey and getting a real estate residence permit can be an excellent way for you to legally live abroad long-term or retire in the beautiful nation.

Just remember to allocate enough budget to meet the minimum property purchase requirements based on the location. Be sure to apply for your permit and renewal promptly to maintain legal compliance.

With proper planning, you can settle down in amazing Turkey! Best of luck with your property purchase and residence permit application.