What is the difference between real estate residence permit and Turkish citizenship?

One of the most prominent reasons that push many on the side to search for real estate for sale in Turkey is the desire to obtain Turkish citizenship and some of them seek to real estate residence.

In your opinion, what drives foreigners who want to obtain that real estate residence permit or Turkish citizenship to the exclusion of other nationalities around the world.

The editorial team at TUR property through the following article will tell you the difference between the two options and will highlight many important details related to them.

We wish you a pleasant reading.

Information about Turkish citizenship:

Turkish citizenship is one of the most important and strongest nationalities in the world and this is what prompted many foreigners and investors to turn to it and based on its importance and the multiplicity of ways to obtain it, the questions about it have increased significantly.

From the following paragraphs you can see the most important details and information related to this nationality.

How do you obtain Turkish citizenship?

• Real estate investment with a value of not less than 400 thousand US dollars.
• Depositing an amount of no less than 500 thousand US dollars in a Turkish bank.
• Financial investment of at least 500,000 US $.
• By buying bonds or shares worth 500,000 US $ for at least 3 years.
• Marriage to a Turkish citizen, provided that this marriage is proven to be real.
• It can be applied for when a Turkish family adopts a foreign citizen who has not reached the legal age and also provided that he/she does not pose a threat to national security.
• obtained by proving Ottoman assets.

Which are the best ways to obtain citizenship?

Despite the many facilities provided by the Turkish government by providing many ways to obtain that citizenship, the method of obtaining it through real estate investment is the most famous method that we will all review through the following paragraph:

• The value of the property shall not be less than four hundred thousand US dollars.
• Keep the property for at least three years.
• The property should be purchased from a Turkish citizen or any Turkish authority.
• The property was not previously used in order to obtain citizenship.
• The value of the property must be paid by bank transfer to the seller.

It is worth noting that breaching any of the conditions mentioned will be inappropriate for applying for citizenship, so you must be careful about each part and step you take.

The importance of obtaining Turkish citizenship:

Acquiring this citizenship gives you a lot of privileges, which we will talk about in the next paragraph:

1. You may retain your first nationality or that of the country to which you belong and thereby enjoy the full benefits offered by both.
2. To obtain the full rights enjoyed by the Turkish citizen, such as voting in general elections.
3. The holder of such nationality shall be able to obtain a privileged employment opportunity in the most important governmental and private sectors.
4. He can work in many professions where the foreigner is prohibited from working, such as pharmacy, veterinary medicine, customs clearance, law, etc.
5. A legal means of living in a secure and stable environment with a vibrant and developed economy and political stability that many countries of the world lack.
6. Enrolment in public and private schools and treatment in the main hospitals free of charge or at reduced prices.

What about Real estate residence permit in Turkey

This residence permit is considered one of the most important types of residence in Turkey and this is a result of two main reasons:

• Ease of renewal on an annual basis as long as the foreigner is the owner of the property.
• Accessible with great ease.

How do you get real estate residence permit in Turkey?

• The price of the property must be at least 75 thousand US dollars.
• The property should be residential, you might wonder if you could apply for that stay by buying a commercial property, could you? No, because one of the main conditions was violated, which is the quality of the property.
• The foreigner must not have one of the nationalities that do not have the right to buy real estate in Turkey.
• You should know that foreigners cannot buy real estate in a security or military area.
• He must have a sufficient source of income to live within Turkish territory with his family.

The importance of applying for real estate residence permit:

Whoever holds this residence permit will receive a set of privileges as follows:

• Benefiting from the various public facilities that the Turkish government puts in the hands of the Turkish people.
• Free movement within Turkish territory without having to obtain a travel permit.
• Traveling to and from Turkey without the need for a transit visa.
• A way to stay in Turkey legally without being subjected to any violations.

After mentioning many important points and details regarding obtaining Turkish citizenship and real estate residence permit in Turkey, we have to point out some of the things that made them a target for many:

• Its proximity to the Arab world and its distinctive strategic location among the continents of the world.
• Turkey's buoyant economy.
• Political stability that has had a positive impact on various sectors of the state.
• The strong and sophisticated infrastructure that competes with the most important countries of the world.
• Ownership of the most important strategic projects in Turkey.
• Easy to obtain compared to the difficulties imposed by the governments of European countries.
• Life in Turkey is characterized by luxury and sophistication.
• Real estate prices in Turkey are considered suitable and moderate.
• Ease of real estate ownership procedures in Turkey.
• Tax Deductions and VAT Exemption.

Don't forget to visit our website constantly to see the latest news and developments related to the real estate market in Turkey and to find answers to your various inquiries.

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