Real estate residence in Turkey by buying an apartment

 Real estate residency in Turkey is characterized as one of the best and most important types of residency in Turkey at all. It is renewable annually and granted after purchasing an apartment or any other property designated for housing, whatever its area, and the wife and children can obtain it as well, being affiliated with the owner. Several amendments have recently been issued related to the conditions of real estate residence within Turkish territory. These conditions obligate investors to buy a property, with an amount of at least 75,000 US dollars, if it is in one of the major cities such as Istanbul, Antalya and Ankara, and its price is 50,000 US dollars or more in other Turkish cities. Therefore, we decided to open with you the real estate residence file in Turkey by buying an apartment, during the next paragraphs, follow us.

Buying a property in Turkey:

Buying a property is one of the ways to reside and settle within Turkey, for the purpose of accessing real estate residency, and there are no specific conditions for the property except for one condition, which is that the property is ready for housing and has a title deed and documents registered with the Turkish Ministry of Housing.

How can you obtain real estate residence in Turkey?

Now you can obtain real estate residency in Turkey, after buying an apartment, so that obtaining residency does not depend on the price and space of the apartment, and one of the most important of these things is that the house is intended for housing, and you must bring the title deed document and the real estate appraisal document that confirms that the price of the property matches what The law provides for a minimum of 75.

What is the duration of real estate residency?

The duration of the real estate residency was fixed at one year and sometimes two years. In general, the residence can be easily renewed as long as the property is yours, and this is one of its many uncountable advantages.

Advantages of real estate residence in Turkey:

- Whoever holds this residence permit will be able to reside in Turkey permanently without being subjected to any violation.

- Medical, educational, recreational and other services can be used.

- After eight years, you can apply for permanent residence.

- If the property complies with the conditions for obtaining Turkish citizenship, you can apply for it.

Steps to obtaining real estate residency:

If you wish to obtain real estate residence in Turkey, you must follow the following steps.

First, we must obtain an appointment from Turkish immigration through the website specified by the administration, in order to submit applications, after that, we fill out the application form, and choose where we want the interview to take place.

 Then the website will give us a date for the interview and send us a file containing all the required papers that we must submit to the competent Turkish Immigration Department, then print the appointment and papers and keep these papers until the date of submission.

On the deadline for submission, we must take all the papers and documents, in addition to the appointment papers that we obtained through the immigration website in Turkey, and then we must go to the Immigration Department on the specified date.

Important conditions for obtaining real estate residency

Buying a property is the most important condition for obtaining a real estate residency, but there are no other conditions about the nature, area, specifications, or other details of this property. What you do not know is that the smallest apartment in Turkey, even if it is a studio apartment, is authorized to grant its owner real estate residency.

When purchasing, it is necessary to register the property with the Title Deed Directorate, in order to obtain their own deed of ownership, and it is considered one of the most important papers that must be extracted to obtain the real estate residence.

 The fees for obtaining real estate residency must be paid, which is appropriate and not as high as some think, as you need health insurance, the cost of which varies according to the age group of the applicant, as well as some other costs.

 The cost of real estate residence in Turkey is calculated according to the amount of the property you want to buy, and in this case the reserve percentage must be paid.

Which may be equivalent to 9.7% of the total amount of the property to be purchased.

There are other costs related to health insurance, earthquake insurance, and there are multiple documents that you must extract related to the real estate evaluation, as well as the identity of the property card, as well as costs related to tax fees for residence in the state of Turkey, which each individual must follow.

Important information about real estate residence:

- Your passport must be valid for at least six months.

- All fees must be paid specifically in Turkish currency.

- If the applicant is a minor, he must accompany his parents.

- In the event that it is discovered that there is a deficiency or defect in the papers and documents, the applicant is given a period of thirty days to make up for the deficiency.

- In the event that all family members will apply for it, a detailed file for each individual must be submitted.

Why do foreigners choose to obtain real estate residency?

The privileges that they can obtain by residing in a stable and developed country such as Turkey. If you look at the statistics, you will find that most of those who go to obtain them are Arabs, especially those holders of Iraqi citizenship among them, due to the crises, wars and major economic and political collapses their countries suffer from.

Add to your information that real estate prices in Turkey are low compared to the prices that you will find in Europe, America and others.

In conclusion to our important topic in which we told you about real estate residence in Turkey by buying an apartment, we hope that we have informed you of the information we have provided to you about it and that we have answered your various questions.

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