Within its laws, Turkey grants real estate residence to those investors who wish to do so. In order for investors to enjoy the rights and privileges enjoyed by Turkish citizens, Which facilitates transactions in Turkish official departments, The real estate residence also entails taking advantage of the possibility of real estate investment, buying and owning real estate, and obtaining Turkish citizenship as well, As Turkey grants real estate residency to investors legally within some of the required procedures and papers that they must fill out and hand over to the competent authorities.
How to obtain a real estate residence in Turkey
There are ways and steps that must be followed in order to obtain real estate residency in Turkey, as the incoming and expatriate investor who wants to obtain real estate residency must know the rights and privileges of real estate residency that Turkish citizens obtain, The steps for obtaining a real estate residency are as follows:
- Buying a property and obtaining a certified Tapu document.
- Book an appointment to obtain real estate residency, And the necessity of choosing the property to be owned inside Turkey.
- You must attend the interview appointment and submit the required documents and papers at the Immigration Department building responsible for this type of transaction.
- Paying real estate residence fees in Turkey to the competent authorities to issue them.
- Waiting for approval from the Immigration Department for residence, and approval for residence is sent by Turkish Post.
Who is granted the real estate residence permit in Turkey?
Turkey specifically determines who has the right to grant real estate residence, It also specifies the people who can obtain real estate residency by purchasing the property, This residence is granted to those persons who are:
- the owner of real estate.
- The wife of the property owner.
- Children of the property owner under the age of eighteen.
If a person is married to more than one wife, The real estate residency is granted to only one wife, Other wives are not granted such residency.
The duration of real estate residency in Turkey is from about one to two years. After that, it is renewed in the same steps in which the real estate residence permit is issued. It is renewed annually as long as the property is in the name of the same resident. This is what distinguishes real estate residence from tourist residence, Where the real estate residence is characterized by being renewed annually and continuously, In contrast to the tourist residence that is only renewed once after its issuance, Therefore, many people prefer to obtain real estate residency instead of tourist residency, It is considered one of the most important types of residence that investors seek to buy real estate and apartments in order to obtain.
When is real estate residency not granted to investors?
In all cases, real estate residency is granted to all investors. But if these investors are from a group of countries that are not entitled to obtain this residence due to reciprocity, such as Syria, for example, they are not granted, Also, some countries and nationalities do not allow Turkey to grant them residence or give them the right to real estate residence for it, This is according to the applicable laws. The real estate residence is a residence granted by Turkey to investors coming to it in order to invest and buy real estate inside Turkey. By granting them this residency, it makes it easier for them to deal with legal and investment papers or deal with the state with papers and transactions. or dealing with other investors, By granting them this residency, it makes it easier and clearer with papers and transactions. And the person becomes like a genuine Turkish citizen in his dealings and dealings, and this makes it easier for the state to deal with a foreign investor who has obtained a real estate residence.