Why do investors seek real estate residence in Turkey?

Real estate investors choose to obtain real estate residency in Turkey, desiring to benefit from its many or unlimited advantages, and it is one of the most important types of residency at all.

Through this article, the editorial team at East Homes Real Estate Company will shed light on some aspects of this type of residence in order to answer your questions about it.

Advantages of obtaining real estate residence in Turkey :

Being a holder of this residency means that you have the opportunity to move between the different parts of Turkey freely and in complete comfort without having to take a travel permit, and this residency will not be obtained on your own, as you will get it for your family members, that is, children who have not yet reached the legal age, and as for the wife, in the event that you have two wives only one can apply.

This residence permit is valid for one year, but the good news is that it can be renewed annually as long as the foreigner owns the property, and if his property meets the conditions for obtaining Turkish citizenship, he will be able to apply for it.

The holder of this residency enjoys many privileges that a Turkish citizen usually enjoys, such as learning in Turkish public and private schools, as well as receiving treatment in the most important public and private hospitals, and he can also enjoy recreational and tourist facilities.

What usually motivates the investor to obtain this residency is that through it he will be able to obtain many facilities for his investment project and allow him to stay in a legal manner and without exposure to violations.

One of the information that must be mentioned in this context is that the real estate residency intersects a lot with the tourist residency, but the real estate residency is stronger.

How to obtain real estate residency?

There are many conditions that must be met when applying for real estate residence, including:

- The price of the property must be at least $75,000.

- Thereal estate appraisal document must be extracted.

- The property should not be within a security or military area, because these areas are prohibited for foreigners to own.

- The buyer must not hold one of the nationalities that are prohibited from owning.

- The property must be exclusively residential, otherwise it will not be appropriate to apply for it.

- The required papers must be prepared.

In this context, it should be noted that there are no other conditions such as space or others.

Information when applying for real estate residence :

Here are some of the most important information that you should consider when applying for real estate residence in Turkey, the most important of which are:

- In the event that you and all your family members will apply for this residency, each individual must have a separate file from the other.

- Fees must be paid in Turkish Lira.

- Each applicant must have a passport valid for more than 6 months.

- There may be a defect in the papers or a shortage in certain aspects, and therefore you will be given a period of 30 days until the matter is rectified.

- After paying the fees, you should receive a stamped and signed receipt.

- In the event that the applicant is under the age of eighteen, his guardian or guardian must be with him to obtain his consent to grant it to him.

The most important steps for applying for residency in Turkey:

In order to obtain real estate residence in Turkey, you must follow certain steps, including the following:

- You must visit the website of the concerned authority and choose to fill out the form for those who apply for the first time to obtain it.

- In the form you must fill in the specified spaces with the required personal information.

- Later, you can set the earliest available date to go for the interview.

- Verify that all papers and documents are complete and that there are no missing items.

- After completing all the steps, the residency will be issued within a period of three months and sent to the aforementioned address.

Documents required to apply for residency :

In order to obtain this residency, you must start preparing some of the most important papers and documents, including:

- Earthquake insurance policy.

- Real estate appraisal document as mentioned above.

- The tax number is obtained from a nearby tax office.

- Personal Photos.

- The original copy of the passport.

- The title deed of the property and you can request it from the owner of the property.

Reasons to stay in Turkey :

The demand of many people to obtain real estate residency is driven by many factors, including:

- Turkey is a highly stable country on an economic, social and political level.

- You can find a lot of real estate options in it that are suitable for everyone and for all tastes and budgets, and the purchase procedures are very easy and do not take much time.

- Turkey is a developed environment full of luxury, sophistication and luxury.

- It has a modern and sophisticated transportation network that makes it easier for citizens to move from one place to another.

- The future of investment real estate in Turkey is guaranteed, as the Turkish government provides a lot of facilities in this regard.

- Real estate prices in Turkey are lower than in other countries and places around the world, and therefore you can get many advantages for your money.

The idea of ​​buying real estate in Turkeyhas become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.

Do not forget that investing in real estate in Turkey is only a way to gainTurkish citizenshiporreal estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.

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