Residence Permit in Turkey by Investing in Property | New Rules, Requirements and $200,000 Limit
1.2 هزار بار بازدید -
9 ماه پیش
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I’ll guide you through the
I’ll guide you through the process of obtaining a Property Residence Permit in Turkey by buying a flat. Let’s unlock the door to your new life in Istanbul and other major cities in Turkey!
A Property Residence Permit is essentially your key to living in Turkey as a property owner. It's a type of residence permit issued to foreign nationals who purchase real estate in Turkey. But it's not just about buying a flat; it's about investing in your future in this culturally rich nation. So, what exactly is this permit, and why is it so coveted? Let's dive in.
For eligible locations, visit the website of immigration office. Here is the neighborhoods that are not eligible for residency: https://www.goc.gov.tr/mahalle-kapatm...
If you bought property before 26.04.2022, there is no minimum value limit. If you bought it between 26.04.2022 and 16.10.2023, the limit is $75,000 for big cities and $50,000 for small cities. If you bought it after 16.10.2023, the minimum value limit is $200,000.
To be eligible for a Property Residence Permit, you must be a non-Turkish national who has purchased property in Turkey. There are no minimum value requirements, which means any property can potentially pave your way to a residency permit. But remember, the property must be habitable – so no ruins or buildings that are unfit for living!
The paperwork is a vital part of the process. You'll need your passport, title deed, proof of address, and your Turkish tax number, among other documents. Photos and a comprehensive health insurance policy valid in Turkey are also a must. Always check with the latest guidelines or a legal expert for a detailed checklist.
Starting your application is just a few clicks away on the Turkish Residence Permit Application System. Once you've filled in the necessary details online, you'll book an appointment at the local Directorate of Migration Management. At your appointment, submit your documents and make the necessary payments. It's straightforward but requires attention to detail.
With this permit, you can enjoy living in Turkey without the need for continuous visa renewals. You’ll have access to public services, and it can be a stepping stone to obtaining long-term residency or even citizenship. It's not just a permit; it's a pathway to a new lifestyle!
Before signing on the dotted line, consider the location and type of property. Does it meet your needs? Have you researched the local area? Are there any legal restrictions or obligations you should be aware of? Due diligence is key.
Besides the cost of the property, there are additional fees for the residence permit application, including a card fee and a single-entry visa fee. Don't forget about property taxes and compulsory earthquake insurance, known as DASK.
Your Property Residence Permit is initially granted for two years but can be renewed as long as you still own the property. If you decide Turkey is your forever home, this permit could be your first step towards permanent residency.
Owning a flat in Turkey is more than an investment in stone; it's an investment in a lifestyle, a culture, and your future. With a Property Residence Permit, the door to a life in Turkey is wide open. Remember to consult with a property lawyer or a real estate expert to guide you through the specifics. If you found this guide helpful, please like, share, and subscribe for more insights into life in Turkey. Hoşça kalın, and may your Turkish adventure begin!
Follow me on Instagram @mrburakunal
Instagram: mrburakunal
My Channel: My name is Burak Unal. I am a professional investment and immigration advisor in Turkey for foreigners.
Turkey is an amazing destination for expats and foreign investors. On my YouTube channel, I share my insights about investment and immigration procedures in Turkey.
SUBSCRIBE FOR:
- Real estate projects in Turkey
- Guidelines for property investment
- Important updates about residence permit application
- Living as a foreigner in Turkey
- Tax status of foreigners in Turkey
- University and Turkish Language Course programs
- Company registration and work permit
- Other legal and immigration procedures
Time Codes:
0:00 - Intro
0:21 - Turkish Property Residence Permit
0:54 - Eligibility Criteria Based on Location and Value
2:37 - Required Documents for Residency Application
3:56 - Renewal of Residence Permit
4:36 - Working with Turkish Immigration Advisor
5:46 - Services of Gordion Partners
6:42 - Summary and The End
A Property Residence Permit is essentially your key to living in Turkey as a property owner. It's a type of residence permit issued to foreign nationals who purchase real estate in Turkey. But it's not just about buying a flat; it's about investing in your future in this culturally rich nation. So, what exactly is this permit, and why is it so coveted? Let's dive in.
For eligible locations, visit the website of immigration office. Here is the neighborhoods that are not eligible for residency: https://www.goc.gov.tr/mahalle-kapatm...
If you bought property before 26.04.2022, there is no minimum value limit. If you bought it between 26.04.2022 and 16.10.2023, the limit is $75,000 for big cities and $50,000 for small cities. If you bought it after 16.10.2023, the minimum value limit is $200,000.
To be eligible for a Property Residence Permit, you must be a non-Turkish national who has purchased property in Turkey. There are no minimum value requirements, which means any property can potentially pave your way to a residency permit. But remember, the property must be habitable – so no ruins or buildings that are unfit for living!
The paperwork is a vital part of the process. You'll need your passport, title deed, proof of address, and your Turkish tax number, among other documents. Photos and a comprehensive health insurance policy valid in Turkey are also a must. Always check with the latest guidelines or a legal expert for a detailed checklist.
Starting your application is just a few clicks away on the Turkish Residence Permit Application System. Once you've filled in the necessary details online, you'll book an appointment at the local Directorate of Migration Management. At your appointment, submit your documents and make the necessary payments. It's straightforward but requires attention to detail.
With this permit, you can enjoy living in Turkey without the need for continuous visa renewals. You’ll have access to public services, and it can be a stepping stone to obtaining long-term residency or even citizenship. It's not just a permit; it's a pathway to a new lifestyle!
Before signing on the dotted line, consider the location and type of property. Does it meet your needs? Have you researched the local area? Are there any legal restrictions or obligations you should be aware of? Due diligence is key.
Besides the cost of the property, there are additional fees for the residence permit application, including a card fee and a single-entry visa fee. Don't forget about property taxes and compulsory earthquake insurance, known as DASK.
Your Property Residence Permit is initially granted for two years but can be renewed as long as you still own the property. If you decide Turkey is your forever home, this permit could be your first step towards permanent residency.
Owning a flat in Turkey is more than an investment in stone; it's an investment in a lifestyle, a culture, and your future. With a Property Residence Permit, the door to a life in Turkey is wide open. Remember to consult with a property lawyer or a real estate expert to guide you through the specifics. If you found this guide helpful, please like, share, and subscribe for more insights into life in Turkey. Hoşça kalın, and may your Turkish adventure begin!
Follow me on Instagram @mrburakunal
Instagram: mrburakunal
My Channel: My name is Burak Unal. I am a professional investment and immigration advisor in Turkey for foreigners.
Turkey is an amazing destination for expats and foreign investors. On my YouTube channel, I share my insights about investment and immigration procedures in Turkey.
SUBSCRIBE FOR:
- Real estate projects in Turkey
- Guidelines for property investment
- Important updates about residence permit application
- Living as a foreigner in Turkey
- Tax status of foreigners in Turkey
- University and Turkish Language Course programs
- Company registration and work permit
- Other legal and immigration procedures
Time Codes:
0:00 - Intro
0:21 - Turkish Property Residence Permit
0:54 - Eligibility Criteria Based on Location and Value
2:37 - Required Documents for Residency Application
3:56 - Renewal of Residence Permit
4:36 - Working with Turkish Immigration Advisor
5:46 - Services of Gordion Partners
6:42 - Summary and The End
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