Residency in Turkey by buying a property 2022 - 2023
Last Updated: 2023-07-27Residence in Turkey by buying a property 2022 - 2023
Many investors want to buy real estate in Turkey worth 400 thousand US dollars in order to obtain Turkish citizenship and enjoy all its privileges, but there is a category of investors whose budget does not allow them to pay these amounts, but they can through Mersa Real Estate Company obtain a suitable property that gives them real estate residency in Turkey and enjoy all its privileges Follow this article to know the details
In this article, you will read:
- Advantages of obtaining real estate residence in Turkey
- Papers required of you to obtain real estate residence
- Real estate ownership in Turkey in order to obtain real estate residence in Turkey
- People who deserve to obtain real estate residence in Turkey
- Procedures for obtaining real estate residence in Turkey
- What is what determines the price of the property in Turkey through which you will obtain real estate residence
- Costs associated with the process of obtaining real estate residence
What are the advantages of obtaining real estate residence in Turkey?
_ The real estate residence enables its owner to settle in Turkey, according to a specific period, enjoy all Turkish rights and duties, and obtain various services, such as transportation, and buying and selling various goods.
_ Obtaining real estate residency, does not enable you to apply for Turkish citizenship, unless the value of the property is two hundred and fifty thousand US dollars. _ Real estate residency
is largely suspected of tourist residency , but real estate residency is stronger and better in terms of duration
What are the documents required of you to obtain real estate residency?
_ Entry stamp to Turkey.
_ Book and schedule an interview.
_ Pay the tax amounts due from you, and visa tax.
_ The property owner must be located in the Turkish state.
_ The title deed of the property (Tapu), provided that it is certified by the notary public.
_ Five personal photos for each family member.
_ Health insurance for each family member in Turkey.
_ Extracting a number for the property from the municipality.
_ Family book, and birth certificates for children under the age of 18.
_ Passport valid for six months.
_ A copy of the lease contract (in case the owner lives in another house).
Real estate ownership in Turkey in order to obtain real estate residence in Turkey
It is also said that the messages are known from their addresses, so when we say real estate residency , it becomes clear to us from its name that you have to own a property in Turkey, but in order to obtain it, there is a simple condition that you must buy a residential property exclusively, if you own a commercial property, you will not get it, and the financial value of the property does not matter, the important thing is that it is residential and does not require one city without another, all states and provinces grant you real estate residency , in addition to that we can prepare the conditions for obtaining Real estate residency in Turkey is the same as the conditions for real estate ownership, so by obtaining a property in Turkey, it is as if you obtained real estate residency, but it should be noted that there are two reasons that prevent you from obtaining real estate residency, the first reason is if you are a citizen who is prohibited from owning property in Turkey, such as North Korea and Armenia, for example, and the second reason is that the property is not located within a security or military zone.
Who are the people who deserve to obtain real estate residence in Turkey by owning real estate in Turkey
Certainly, there are certain people who can obtain this residency, especially after buying the property in Turkey, and they are the owner of the property in whose name the property was registered, his wife and children who are under the age of eighteen years old, but those who are married to more than one wife can only give it to one of them, as for the children, they can obtain real estate residency even if they are not from one wife as long as they are under the legal age, and if the wife divorces from her husband so the real estate residency is withdrawn from her immediately and it can be replaced with a tourist residence valid for one year
What are the procedures for obtaining real estate residence in Turkey
There must be a path to walk on in order for the real estate residence to become in your possession, first you have to buy a property on Turkish land and extract the title deed document that says that the property in Turkey has become an asset in your name, and later you have to book an appointment for the interview and when the specified date comes, you must attend in person and have all the required papers, and you must also pay financial fees for real estate residence in Turkey These steps you have to do inside the building designated for the interview and later you have to wait until your application is approved by the competent authority and the residence is sent to your address registered with them, and if you want to renew the residence when it expires, you will have to do and prepare for the same steps that you did the first time.
What is what determines the price of the property in Turkey through which you will get real estate residence
First of all, you have to be alert to the location where the property is located in Turkey, it must be close to shopping centers and transportation stations in the city or close to historical centers, and the age of the building has a role in determining its price, whether old or new, in addition to the factor of the area of the property in Turkey, moreover, the property in Turkey, if it is close to vital landmarks, its price is somewhat exorbitant.
Real estate ownership in Turkey is one of the most important means of obtaining real estate residence in it and one of the easiest as well.
As for the costs associated with the process of extracting real estate residence
- the wages of the office or the real estate company supervising its extraction.
- Costs of translation and documentation of papers and documents required.
- Real estate residency
- extraction tax.
- Health insurance costs.
Turkey has an active investment movement in the field of real estate , and the pioneers of the real estate market abound day after day , where we find in Turkey a strong and remarkable real estate diversity , there are houses, villas, residential and hotel apartments , restaurants , cafes , swimming pools , resorts , huge residential complexes , and real estate development projects , you can see the various types of projects by browsing the website of Mersa Real Estate Company
These projects are available in various Turkish states , and their spatial, touristic and real estate characteristics vary . Depending on the location, and real estate residency remains a prerequisite and essential, to be able to enter Turkish territory and engage in its real estate market as you want, and legally!, The process of obtaining Turkish real estate residency is also a simple and smooth process, accomplished in a series of easy steps!, Real estate residency is also concerned with real estate investors and buying and selling real estate.. and there are different types of other residencies .
Editorial Mersat Real Estate Team©
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