These are the privileges of property owners in Turkey
Last Updated: 2023-07-27Advantages for real estate owners in Turkey
Many people around the world seek to reside on Turkish land, and one of the most justifications that make you reside on this land is that you have a residence permit that is usually granted by Turkey to those who want it, based on the purpose for which it is needed. But if we searched for the most preferred types of residency to obtain, it would be residence by buying a house or real estate in Turkey. For more details in this regard, we will be with an integrated research about residency in Turkey by buying a home and its most important features.
What are the advantages of residing in Turkey by buying a house?
The residence by buying a house in Turkey shares many aspects with the tourist residence, but it is considered stronger than the tourist with the possibility of renewal and the period granted to it is longer than the tourist residence; One of the advantages of real estate residency is that it authorizes your presence on Turkish land in a legal way, but under this residency you will not be able to obtain citizenship as well as other types of residency.
How can I obtain residency in Turkey by buying a house?
There must be a path on which to walk in order for the residence by buying a house to be in your possession. First, you have to buy a property on Turkish land and extract the title deed document that says that the property has become in your name legally. Later on, you have to book an appointment for the interview and upon the arrival of the specified date you must attend in person and have all the required documents with you, and you must pay financial fees for the real estate residence in Turkey. These steps you must take inside the building designated for the interview, and later you must wait until your request is approved by the competent authority and the residence is sent to your address mentioned in your documents . And if you want to renew the residency permit when it expires, you will have to take the same steps that you did the first time.
Can all people obtain residence by owning a house in Turkey?
Certainly there are certain people who can obtain this residency, especially after purchasing the property, they are: the owner of the property who registered the property in his name, his wife and his children who are under the age of eighteen. As for someone who is married to more than one wife, he can only give it to one of them. As for the children, they can obtain residency even if they are not from one wife as long as they are under the legal age, and in the event that the wife divorces her husband, the real estate residency is withdrawn from her immediately, and it can be replaced by a tourist residence valid for six months or a little more.
What are the most important documents needed to obtain residency through buying a house in Turkey?
First of all, you must bring the title deed of the property, your passport and your family's passports, but they must be valid for a long period of time that corresponds to the duration of the stay and its expiry date. You must also have insurance for the property against earthquakes and natural disasters, in addition to a health insurance for you and your companions. You must obtain a family statement for all your family members translated and certified by the embassy of the home country or from the notary’s office. Also, you will have to have previously paid a tax amount to one of the authorities responsible for this matter of course after you previously extracted your tax number. Finally, you must be aware that you must bring the stamp according to which you crossed the Turkish border, in addition to bringing five personal photos for each member of the family. We can consider that this is one of the most important papers that you must have when applying for residence by buying a house in Turkey.
Is the cost of obtaining residency by buying a house in Turkey fixed and the same for all people?
To obtain residency by buying a house in Turkey, you will definitely have to pay the money, which is represented first by the price of the property you bought, according to which Turkish citizenship is granted, and the value of the paid property varies according to the type of property, its area, location and all the attractive elements that it owns: This issue varies from person to person. You also have to pay the title deed extraction fees, real estate appraisal, and energy document fees. In general, all accommodation costs and fees will not exceed ten percent of the price of the property as a whole, and in addition, there are health insurance fees, which are valid for a year or more, and fees for obtaining it are from a hundred to five hundred Turkish liras if the insurance is valid for one year only and double this amount if the insurance is valid for two years and is paid for each family member separately.
At the end of this brief search for residency by buying a house in Turkey, it turns out that it is one of the most easy stays to obtain in this country. Despite all the advantages it carries with it; it will not make you bear any costs other than the price of the house that you will buy, or perhaps it is originally yours, in addition to some minor secondary fees. If you want to be a permanent resident of that land, you have to hurry to obtain this residence.
Edited by Mersat Real Estate Team ©
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