How can I get a residence permit with real estate in Turkey?
Housing sales to foreigners in Turkey have been increasing rapidly in recent years, thanks to incentives. Some buy real estate for investment, while others buy real estate to become citizens. With the latest regulation, foreigners who purchase real estate worth 400 thousand dollars gain the right to directly apply for Turkish citizenship.
To obtain a residence permit in Turkey, a residential property must be purchased. It is not possible to obtain a residence permit with investments such as a shop or land. At this point, it is more appropriate to work with a lawyer to carry out the legal process in the most correct way in order to obtain a residence permit.
How to Obtain Indefinite Residence Permit in Turkey?
Indefinite residence permit means the right to citizenship. Those who want to reside permanently in Turkey can become citizens with financial sufficiency. Foreign children born in Turkey have the right to citizenship. Those under the age of 18 can travel with their families or with family permission. The requirements for adults are as follows:
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Investing $500,000 or more.
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Buying a real estate worth $400,000 or more and not selling it for 3 years.
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Establishing a business and employing at least 50 Turkish citizens.
Documents must be translated into Turkish at notarized translation offices.
As Royal Brokers, we look forward to assisting you with our professional team.
