Buying Property in Turkey to Obtain Residency

Turkey has become an attractive destination for foreign nationals, offering not only lifestyle benefits but also investment opportunities. One of the most common ways for foreigners to live in Turkey is by purchasing real estate and applying for a residence permit.

1. Legal Framework

• Under the Law on Foreigners and International Protection, foreigners who purchase property in Turkey can apply for a Short-Term Residence Permit.

• The permit is usually granted for one year initially, with the possibility of renewal.

• The property must be classified as residential or real estate qualified.

2. Eligibility Requirements

• Title Deed (Tapu): Must be registered in the foreign investor’s name.

• Minimum Value: While no strict minimum is required, in practice, properties worth at least $75,000 USD are recommended for smoother approval (varies by region).

• Supporting Documents: Passport, biometric photos, valid health insurance, and the title deed are mandatory.

3. Buying property in Turkey Application Process

1. Purchase property and complete title deed registration.

2. Obtain a Property Suitability Certificate from the Land Registry Office.

3. Apply to the Directorate of Migration Management for residency.

4. Submit required documents and wait for evaluation.

4. Benefits of Residency

• Right to live in Turkey during the permit period.

• Ability to apply for family residence permits.

• Access to banking, healthcare, and education.

• Opportunity to apply for Turkish citizenship under certain conditions.

5. Key Considerations

• Ensure the property has habitation permit (iskan) and no title issues.

• Foreigners are prohibited from owning property in military or security zones.

• Professional legal assistance is highly recommended.

Buying property in Turkey for residency is both a secure investment and a lifestyle opportunity. With proper guidance and attention to legal details, the process can be smooth and rewarding.

Frequently Asked Questions (FAQ)

1. What is the minimum property value required to obtain residency in Turkey?There is no official minimum. However, in practice, properties worth at least $75,000 USD are generally recommended for smoother approval.

2. Which cities are most popular among foreign investors?Istanbul, Antalya, Ankara, Izmir, and Bursa are the top choices. Among them, Antalya and Istanbul stand out for both tourism and lifestyle.

3. Does the residence permit cover family members?Yes. The investor can apply for a family residence permit for their spouse and children under 18.

4. How long is the residence permit valid?The residence permit obtained through property purchase is usually granted for 1 year and can be renewed annually as long as conditions are met.

5. Can buying property lead to Turkish citizenship?Yes. Foreigners who purchase property worth at least $400,000 USD and commit not to sell it for 3 years are eligible to apply for Turkish citizenship.

Interested in obtaining residency in Turkey through property investment? Contact our expert team for step-by-step guidance.