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Frequently asked questions and required documents to obtain a residence permit by purchasing real estate in Turkiye

Details for Individuals Residing Abroad to Obtain a Residence Permit by Purchasing Property in Türkiye

In this article, we will provide information on the process of purchasing property in Türkiye, the required documents for applying for a residence permit, and the advantages of doing so for individuals residing abroad. This will help foreign nationals understand the process of obtaining a residence permit by acquiring property in Türkiye.

Section 1: The Importance of Real Estate Investment in Türkiye

Türkiye attracts foreign investors with its low property prices. Especially in the last 15 years, the government's new construction projects to renovate low-quality housing have diversified property options. You have many choices such as luxury villas, prestigious apartments with sea views, open-plan homes, and more. After determining your budget, selecting the location and type of property you wish to buy is the first step. Do you prefer a beachfront apartment, a traditional village house, a duplex overlooking a marina, or a restored mansion in a quiet area? There are many suitable housing options in various cities across Türkiye. For detailed information on the dream home or other properties you are looking for, you can review our portfolio. As Markiz Homes, we are here to answer questions and provide detailed information about purchasing real estate and obtaining a residence permit in Türkiye. We are happy to assist anyone considering buying property in Türkiye.

Section 2: Applying for a Residence Permit in Türkiye

Foreigners wishing to obtain a residence permit in Türkiye can apply by purchasing real estate. However, owning real estate is not sufficient for obtaining a residence permit. The real estate purchasing process and the residence permit system are two different processes, each with its own rules and regulations. Any person wishing to apply for Turkish citizenship can purchase a property worth at least $400,000 and hold it for at least three years. Please note that the minimum threshold was raised from $250,000 to $400,000 in 2022. For any buyer considering Türkiye as a permanent residence, let's review the three processes.

Section 2.1: Real Estate Purchase Process

Foreigners prefer Türkiye due to its low property prices. With government incentives for new construction projects, there are many different real estate options in Türkiye. At this stage, after determining your budget, you should choose the location and type of property you want to buy. You have many options such as a beachfront apartment, a traditional village house, a duplex overlooking a marina, or a restored mansion in a quiet area. There are suitable housing options in various cities across Türkiye. Once you find the house of your dreams, we step in. As your real estate consultant, we bring the buyer and seller together, negotiate, make the deposit payment, and sign contracts. We help you open a bank account, obtain a tax number, and arrange valuation and appraisal processes. Finally, you become a property owner by signing your title deed at the land registry office. If you wish, we can also provide consultancy on property management, such as paying bills. You can read more about the process of becoming a homeowner in Türkiye in detail.

Section 2.2: Residence Permit Application

You can always apply for a residence permit. The earlier you apply, the better. In the past, the application process took longer. However, now applications are processed more quickly and regularly, although the time may be longer for first-time visa applicants. You need to make the application directly in Türkiye. Most country nationals can apply, but visa requirements vary. For example, retirees apply for a standard one-year residence permit, while international students apply for a different category. Similarly, there are different application categories for family members or those eligible for permanent residence. The Antalya region is an excellent option for lifestyle buyers and an ideal place for a golf villa in Türkiye.

Before starting the application process, anyone under the age of 65 must have health insurance. Additionally, a residence permit does not mean a work permit, and an additional work permit is needed to work legally. In addition to the online application form, supporting documents include a tourist visa, tax number, biometric passport with at least 60 days validity, 6 passport-sized photos, proof of your address in Türkiye, and documents proving financial independence. Learn more about the residence permit application process.

Section 2.3: Applying for Turkish Citizenship through Investment

Real estate investment is a way to obtain Turkish citizenship. The value of the purchased property must be $400,000 or more and must be held for at least three years. Most people apply through a company or lawyer rather than applying themselves. Required documents for the application include the application form, two biometric passport photos, passport, marital status statement (marriage license, divorce decree, or spouse's death certificate), birth certificate, and proof of payment to the Ministry of Finance. Foreign documents need to be translated and notarized.

Section 3: Frequently Asked Questions

Question 1: Can foreigners who buy real estate in Türkiye get a residence permit?

Yes, foreigners who buy real estate in Türkiye can get a residence permit. However, owning property is not sufficient for obtaining a residence permit. The relevant documents and processes for the residence permit application must be followed.

Question 2: Can you obtain citizenship by buying real estate in Türkiye?

Yes, it is possible to obtain citizenship by buying real estate in Türkiye. However, specific property value and duration requirements must be met.

Question 3: What documents are required?

For a residence permit application in Türkiye, documents such as a passport, its translation, passport-sized photos, and a tax number are required. Additional documents are needed for the Turkish citizenship application.

Question 4: What are the residence permit durations?

The durations of residence permits vary depending on the type of application. Short-term residence permits can last up to 1 year, while long-term residence permits can last longer.

Question 5: Can family members get a residence permit?

Yes, family members of foreigners living in Türkiye can get a residence permit. Additionally, foreigners married to Turkish citizens can apply for a residence permit.

In this frequently asked questions section, we answered frequently asked questions about residence permit and citizenship in Türkiye. However, special circumstances and changing legal regulations must be taken into account. You can contact us for more information about purchasing property in Türkiye and applying for a residence permit.