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The advantages of real estate residence permit in Turkey

The advantages of real estate residence permit in Turkey

Arabs and foreigners who wish to settle and live in Turkey are increasing every day , as Turkey now includes a mixture of all nationalities . Some of them come with the aim of studying or doing business , and among them are investors who want to buy real estate or open a company in Turkey .

And Turkey has become their first destination instead of the rest of the European countries , due to the advantages and incentives granted by the Turkish government to foreign residents , as it gives them the right to obtain Turkish citizenship on specific and accessible terms . Also , residence in Turkey has different types , and its costs and conditions vary according to its type and purpose . There are tourist residency , real estate residency , work residency , student residency , in addition to residency of investors .

Real estate residence is considered as one of the most important options for staying in Turkey legally and for a long time , and for the importance of this type of residence we will explain to you today in this article detailed information about real estate residence in Turkey , and for whom is it granted ? What are the steps that must be taken to obtain real estate residence ? What are the costs ? Besides other information that may interest you .

 

  • RH 163 - One of the best projects in Maslak , ready for housing with a view of Belgrade Forest 

Apartments for sale in Istanbul in a huge project like a full-service city , which includes a shopping center , 5-star hotel and integrated social facilities .

The project provides an ideal choice for housing and investment . The project was built in three phases : the units of the first residential phase have been completed and fully sold , the second phase includes shops and a shopping center , while the third and final phase is a mixture of residential and commercial apartments .

The project is located on the European side of Istanbul , specifically in Maslak , one of the largest real estate development areas in the city .

Maslak is one of the main central districts of Istanbul and it is one of the fast-growing areas of the city .

Maslak area is close to transportation links that will take you to all parts of the city in a few moments , and you can easily access the main areas and sights of the city .

Maslak is the ideal area for investment in Istanbul , where it promises high profits and high returns on investment in a few years .

The project is located only minutes away from Taksim and Levent , not more than 5 minutes from Bosphorus , and 25 minutes from  Istanbul's third airport , which gives it strategic and investment importance .

The project is located near the metro station and public transport .

The project is located in the Cendery Valley , among the regions of Istanbul that have gained the highest value .

The project is located next to Maslak and Levent , which provides a pleasant life with transportation opportunities .

The project attracts attention through its location close to shopping centers , arts , health facilities , transportation and education centers .

All the project details in this link :  RH 163

 

 What is the real estate residence in Turkey ? 

Real estate residency in Turkey is a right of foreign real estate owners in Turkey , and it is granted by the Immigration Department in the state in which you own the property , and it allows its holder to reside on Turkish lands legally with the ability to travel to and from Turkey without the need to obtain a visa .

 

 How long is the real estate residency in Turkey ? 

As for the duration of the real estate residence in Turkey , it is usually granted for one or two years , with the possibility to renew it annually as long as the property is in the name of the resident person . This matter distinguishes real estate from tourism in Turkey , which makes it better than it in terms of the possibility to renew the residence annually without any complications or obstacles .

 

 What are the conditions for obtaining real estate residence in Turkey ? 

There are no conditions for obtaining real estate residence in Turkey except that the property is intended for housing . As for the price of the property , there is no minimum . Any house in Turkey at any price gives its owner the right to obtain real estate residence directly , and in any Turkish city in which you want to own a property , you can get a real estate residence .

In addition to the above , any type of apartments in Turkey or villas allows you to obtain real estate residence in Turkey , and any space or style of apartments gives you the right to obtain this residence .

We can consider that the conditions of real estate ownership in Turkey are the same as the conditions for obtaining real estate residency , which are two basic conditions :

  1. That the foreign real estate owner does not have the nationalities that are prohibited from owning real estate in Turkey , namely : Syria , Armenia , Cuba , and North Korea .
  2. The property should not be within the restricted areas for possession for security or military reasons .

 

  • RH 80- Apartments with Bosphorus view and suitable payment plans in Sisli 

A first class residential and investment project in the center of Sisli , specifically in the fast growing Bomonti area .

The project is located in one of the most famous areas on the European side of Istanbul , Bomonti district , a growing area that attracts the attention of investors at the moment , which is characterized by easy access to the most vital places in the city , and its proximity to shopping centers , airports , hospitals , universities and schools .

The project location is just 8 minutes away from Taksim .

This project has been designed in line with the highest quality standards in real estate in Turkey .

All apartments have private balconies with views of Istanbul or the Bosphorus .

The project includes special facilities that provide residents with comfort and entertainment and meet all their needs such as swimming pools , gym, walking paths , sport courts and restaurants , in addition to surveillance cameras and security .

Invest in this project today and benefit from its prices which will increase by 40% after the completion of the project .

All the project details in this link : RH 80

 

 Who is granted real estate residence in Turkey ? 

Real estate residence permit in Turkey is granted to the property owner , the wife of the property owner , and the children of the property owner for those under the age of 18 .

For foreign real estate owners who are married to more than one wife , they can only grant real estate residency to one wife . As for the rest of the wives , they cannot obtain real estate residency for them on the same property .

As for children , even if they are more than one wife , they have the right to reside on the same property as their father , as long as they are under the age of 18 .

For a divorced woman , after confirming the divorce in court , she is deprived of the right of real estate residence on the same property as her ex-wife , but she is allowed to apply to change the residence to a tourist residence in Turkey , and is usually granted for a period of only six months or a year as a maximum .

Likewise , for children over the age of 18 , they cannot be added to the real estate residence on the same property as their father , and they can obtain : a tourist residence , or a student residence if they complete their studies at a Turkish university , or work residence , or other real estate residence for a property of their own .

 

 What are the necessary steps to obtain a real estate residence in Turkey ? 

  1. Buy a property and get a title deed document in Turkey .
  2. Reserve an appointment for residency and choose to own a property in Turkey.
  3. Preparing the necessary papers to obtain real estate residency .
  4. Attend the interview on the date specified for you at the Immigration Administration building , and submit the necessary papers and documents .
  5. Paying the fees of real estate residence in Turkey .
  6. Waiting for approval by the Immigration Department in Turkey , where the residence card is sent by Turkish post .
  7. As for the renewal of the real estate residence , it is the same steps , starting from reserving the appointment for renewal to obtaining the real estate residence by Turkish post .
  8. As for the companions of the real estate owner such as the wife and children under the age of 18 , they apply for real estate residency in one file with the real estate owner , and they attend the interview together, and they are approved in one payment .

 

 What are the documents required for extracting real estate residence in Turkey ? 

  1. The Land Registry document in the name of the property owner.
  2. Seismic insurance of the property.
  3. The passport of the property owner and his companions " It is required that the validity period of the passports cover the required real estate residence period " .
  4. A family statement for the children and wife translated into Turkish and certified by the Turkish embassy in the mother country or from the Notre Department in Turkey .
  5. Health insurance covering the residence period of the property owner and the wife .
  6. Children under the age of 18 do not require a health insurance policy , and if the property owner or his wife is over the age of 65 , they do not need a health insurance policy as well .

 

 What are the advantages of real estate residence in Turkey ? 

The real estate residence in Turkey provides the holder with several advantages that the real estate owner can obtain in Turkey , as follows :

  1. Staying in Turkey during the legal and legal residency period .
  2. Granting residence permits to the companions of the real estate owner who are the wife of the real estate owner and the children under the age of 18 .
  3. Annual renewal of real estate residence .
  4. Traveling between Turkish cities without a travel permit .
  5. Free access to education and health services in Turkey , or for a small fee .
  6. After eight years of residency in Turkey , you have the right to apply for long-term residency in Turkey .
  7. Real estate residence in Turkey does not grant its owner the right to obtain Turkish citizenship unless the property price exceeds 250 thousand USD , then the property owner can apply for Turkish citizenship .

 

  • RH 204 - luxurious apartment with direct view on Marmara Sea in Bakirkoy

The project was built with the supervision of Turkish state construction companies , with government guarantee .

It is a residential , investment and commercial project built on a land area of ​​74.000 square meters , 80% of this area has been allocated to green areas , parks and public facilities within the project .

The project consists of 5 blocks with 512 residential units ranging from 1+1 , 2+1 , 3+1 , 5+1 , 4+2 and 6+2 duplexes , ranging in size from 66 to 430 square meters .

90% of the housing units and offices in the project are overlooking the Sea of ​​Marmara .

The project is supported by a system of earthquake and seismic protection , where the foundations were excavated to a depth of 20 meters and the use of reinforced concrete and moisture-resistant sea .

At the bottom of the project are warehouses where a storage unit is allocated for each housing unit .

In this project , you do not have to worry about the transportation , as different transportation options are available .

In this project , you will be in the heart of Istanbul and away from the chaos .

What is more beautiful than dreaming , is to live your dream reality , Atakoy area today contains housing projects that was originally a dream .

Atakoy area has a central location , high investment value and luxury life style .

The project is located in one of the most central districts of Istanbul , in Atakoy district of Bakirkoy area .

The project is located near the main road and highways in Istanbul (E5) .

The distinctive location of the project , overlooking the Sea of Marmara , which offers homes with charming sea views .

All the project details in this link : RH 204

 

 The advantages of buying a property in Turkey : 

  1. Low tax in Turkey , the decision to reduce taxes in Turkey is one of a series of decisions concerning the real estate sector in Turkey , and was reflected positively in stimulating foreign investors to own property in Turkey , which contributed to the revival of the real estate market in Turkey in general . The most important tax deductions are : Exempting the foreign buyer from the value added tax due on the property .
  2. Obtaining a residence permit , where foreigners who own properties in Turkey , whose price is less than $ 250.000 , are granted a residence permit that is renewed annually . Real estate residence permit in Turkey is granted to the landlord , his wife , and his children under the age of 18 .
  3. Real estate in Turkey is the cheapest real estate investment in Europe , where real estate prices in Turkey are considerably cheaper than those in Europe , with similar features in infrastructure , and similar in structure of developed European countries .
  4. Real estate investment in Turkey provides a profitable investment return , based on the economic activity and rapid urban development , and the strength of tourism in Turkey , which is best reflected in the periods and tourist seasons , through the demand for rental homes during those seasons distributed throughout year .
Eresin Project