Summary
Real estate residency can be obtained by purchasing a property with a value of not less than 200,000 US dollars, on the condition that it is used for residence purposes and not rented out or resold;
- Reside Legally in Turkey
- Entry and exit to Turkey without a visa
- Faster process to obtain the residency in Turkey
- Strongest residency in terms of duration and renewability
- Ability to open an account in Turkish banks
- Expedite Turkish driver's license procedures
- Health Insurance
- Enrollment in Turkish schools and Universities
- Purchase a property for $200,000
- No restrictions on the property area
- Property intended for residence
- Submission of title deed at the required amount
- No need for area evaluation
- The exchange rate is according to the Central Bank's currency rate on the day of purchase
- Properties purchased after 16/10/2023:
- Minimum $200,000
- Properties purchased before 16/10/2023:
- $50,000 in small cities
- $75,000 in major cities
- Renewal is done at the municipality where the property is located.
- Submit the renewal application 60 days before the permit expiration.
- Continuing residency under an official document until renewal.
- Health insurance.
- Other administrative fees.
- Syria
- Cuba
- Armenia
- North Korea
- Residence permit application form
- Copy of passport
- 4 biometric photos
- Declaration of sufficient and regular income during the residency period
- Receipts for residence permit fees and card fees
- Property ownership deed valued at $200,000
- Valid health insurance
- Purchase property valued with minimum of $200,000
- Receive the property ownership deed
- Prepare the required documents
- Fill Out and submit the application to the immigration office
- Pay the required fees
- Issuance of the real estate residence permit
Contact Us
We assess your needs and determine the type of property suitable for residency requirements in Turkey.
Choose the Property
We inform you about the best opportunities suitable for residency at reasonable prices and within the specified budget.
Document Preparation
After selecting the appropriate property, we prepare all the necessary documents and papers, and then we start the purchase procedures.
Apply Residency Application
After obtaining the title deed, we submit your residency application to the Immigration Directorate, and we follow up with the relevant authorities until the final approval.
Obtain Real Estate Residency
After the Immigration Directorate approves the application, your residency card is sent via Turkish mail (PTT) to your place of residence.
Legal Basis:
According to Article 31 of the Law on Foreigners and International Protection No. 6458, anyone who owns non-moveable assets in Turkey is eligible for legal residency in the country.
Residency in Exchange for an Undesignated Value Property
The Turkish Immigration Authority has provided the opportunity to obtain a residency permit in exchange for purchasing a property in Turkey, regardless of its price, size, or location.
Residence for a property valued at $75,000:
In April 2022, the price of a property eligible for residency in Turkey became $50,000 for smaller cities like Yalova and Izmit, and $75,000 for larger cities like Istanbul and Ankara.
Residence for a property valued at $200,000:
As of October 16, 2023, the minimum value of properties eligible for residency in Turkey has been increased from $75,000 to $200,000 in all Turkish provinces.
FAQ
Yes, they do. Foreigners have the right to own properties in Turkey.
Turkish citizenship can be obtained through real estate investment with more than $400 thousand in Turkey, along with a pledge not to sell the property for 3 years. More information
Yes, you can receive the residency in Turkey by buying property in Istanbul. The minimum property value required to qualify for residency is USD 200,000. For More Information
Istanbul
Istanbul is a major city in Turkey that straddles Europe and Asia across the Bosphorus Strait. Its Old City reflects cultural influences of the many empires that once ruled here. In the Sultanahmet district, the open-air, Roman-era Hippodrome was for centuries the site of chariot races, and Egyptian obelisks also remain.