The importance of a residence permit in Turkey
If you want to live in Turkey permanently, you should apply for a Turkish residence permit. This permit will allow you to travel in Turkey freely, as long as you stay within your visa exemption period.
Getting a Turkey residence permit has become much easier for foreigners since the government introduced changes to the residency laws. However, there are a few things you should keep in mind before applying.
Residence permit by property in Turkey
A residency permit with property in Turkey is very important for foreigners, as it enables them to live legally in the country and enjoy all the rights that are granted by the law. They also have the ability to commute freely from one province to another, and they can benefit from all the services in Turkey, such as medical care, education, and housing.
The first step in obtaining a residence permit with a property is to buy a property in Turkey, and then register it in the Land Registry Directorate. In addition, the investor needs to have a title deed or Tapu document, which proves his ownership of the property. Then, he should submit his application along with 4 personal photos, and if the buyer is married, a family translator must be submitted as well.
Those who buy a property in Turkey are entitled to receive a real estate residence permit, which will enable them to live in the country for up to 8 years after purchasing it. They will be allowed to bring their spouse and children under the age of 18 with them as well.
These residents will also have the right to renew their residence permits for up to 2 years yearly, and they can apply for a permanent one after this time period. They will be able to open bank accounts easily, and they can travel without having to worry about visas or security clearances.
If you want to obtain a residence permit with a property in Turkey, the procedure is relatively simple and quick. To begin with, you must fill out an online application form and provide a biometric photo. You must also provide an entry visa to Turkey, as well as proof that you have a fixed monthly income of $500 or more.
After this, you will be given an appointment at the directorate of immigration in your state of residence. You will have to submit all of your required papers and documents, as well as pay the fees involved.
If you meet all the requirements, you will be issued with a Turkish residence permit with a property. Moreover, you will be able to renew your residence permit every year without limit as long as you own the property.
Turkish residency by investment
Residency permit with investment is a program that allows foreign investors to obtain residency in another country based on a tangible investment. This program is popular with many high net worth individuals and it allows them to get a residence permit in a new country within an accelerated time frame.
There are various ways to invest in Turkey for residency permit purposes, including purchasing property. This method is the most popular option and offers several benefits.
However, the cost of real estate can be expensive, so a more affordable option is to purchase Turkish bonds. This option can also help you meet the minimum $400,000 investment requirement for citizenship.
While acquiring a residence permit with investment in a foreign country is an excellent way to obtain permanent status in a new destination, it is important to consider the legalities of obtaining your Turkey residency permit. In addition to the usual requirements of a valid visa, e-visa or visa exemption for the intended period of stay in the country, you should also take into account the health insurance and financial security of your family members.
The residency permit with investment is valid for a period of two years. The length of this permit can be extended if the investor maintains the required levels of income and other assets.
When a person decides to apply for residency with investment in Turkey, they must have a stable employment and income source. They must also have sufficient funds to live on and have a private health insurance policy.
Moreover, it is vital to note that Turkey has a comprehensive immigration system that is well-suited for both citizens and non-citizens. It has multiple programs available, and the government’s decision on whether or not to grant a residence permit to an applicant is made in no more than two months.
In addition to offering a fast and cost-effective route to citizenship, Turkey has several other benefits that make it a compelling choice for international investors. These benefits include a strong passport, a diverse economy, and visa-free travel to 111 countries across the globe.
Real Estate
Real estate in Turkey offers many benefits and is an excellent investment for foreigners who wish to have a unique lifestyle. It is a good choice for people who want to experience the Turkish culture, explore the country’s vast history, and enjoy its beaches and mountain ranges.
One of the main benefits of owning real estate in Turkey is that it enables the holder to obtain a residency permit. This is an important document that allows its bearer to stay in the country legally without facing any violation or problems and can be renewed annually as long as the property is owned by the holder.
This is especially useful for family members who are coming to Turkey for a long time, as it allows them to have the same rights and privileges that the owner of the property has. The holder of the residence permit can travel easily to various Turkish cities and can open a bank account without having to get a visa.
In addition, the holder of the residence permit can apply for Turkish citizenship after eight years of owning the property. This is a major advantage over other types of residence permits, such as tourist residence permits.
To acquire a residency permit, you need to have the following:
- A valid passport that is valid for at least six months from the date of application. It must have a stamp that enables you to enter Turkey, and it should be stamped by the Ministry of Interior.
- You must also submit a family book that contains the information of your wife, husband, and children, which must be translated into Turkish and then ratified by a Turkish notary.
- Once you have all of these documents, you should then submit an application for a residence permit to the immigration directorate. The process is relatively straightforward and the costs are reasonable.