Turkish Citizenship by Real Estate Investment

If you are looking for a simple, easy, hassle-free and safe way to obtain Turkish residence, we suggest you to buy a property in this country. By buying a property in Turkey, you can easily and easily get residence in this country.

There are various methods for immigration and obtaining Turkish residence, some of which are extremely difficult and time-consuming. At the same time, some other methods can lead to obtaining permanent residence and even Turkish citizenship in the shortest possible time.

Types of Turkish residency procedures

Among the various methods of obtaining Turkish residence, the following can be mentioned:

Study in Turkey –

Work in Turkey –

Investment in Turkey –

Buying a house in Istanbul –

Entrepreneurship –

Marriage –

If you are looking for a simple, easy, hassle-free and safe way to obtain Turkish residence, we suggest you to buy a property in this country. By buying a property in Turkey, you can easily and easily get residence in this country.

Also, if you meet some conditions such as property value, citizenship and passport of this country will be granted to you. This is the reason why obtaining residence by buying a property in Turkey has the most demand in recent years compared to other methods of obtaining residence. One of the most important conditions for obtaining Turkish residence through the purchase of property is its value, which we will learn about later.

اوسکودار

Buying real estate worth less than $400,000

If you are planning to buy a property in Turkey, you should remember that the appraised price of the property has a direct impact on your chances of obtaining residency in this country. The minimum price of buying property in Turkey for residence is set at 400 thousand dollars. But this does not mean that if the value of your property was less than this amount, you will not receive the Turkish residence.

If you buy a property that for any reason is worth less than 400 thousand US dollars, the Turkish government will grant you a temporary residence for 5 years without the possibility of extension. During this time, you have the opportunity to increase the value of your purchased real estate to more than four hundred thousand US dollars. The interesting thing to note is that you don’t necessarily have to buy a property to bring the value to $400,000; Rather, you can increase their total value to four hundred thousand dollars by buying several houses.

Buying a property in Turkey with a value of more than 400 thousand US dollars

If you are able to buy real estate in Turkey with a total value of more than 400,000 US dollars, you will receive temporary residence first, then permanent residence and finally Turkish citizenship gradually. By purchasing the desired house, presenting its documents to the embassy and receiving confirmation, you will be issued a 5-year temporary residence in this country. Note that the most important condition for staying in Turkey by buying a property is that you must stay in Turkey for at least 11 months every year. After this time, you will be granted permanent residence in Türkiye. If you meet the conditions of minimum stay of 11 months per year for another 3 years, you can get the citizenship and passport of this country.

Obtaining Turkish residence for all family members by purchasing a property
One of the advantages of buying a property in Turkey is the possibility of obtaining residence for family members. Note that family members include spouses and children under 18 years of age. But there are restrictions for children over 18 years old. If you want to obtain a Turkish residence permit by buying a property, and get a visa for your children over 18 years old, your child must meet certain conditions. Also, the approval or rejection of this request has a direct relationship with the embassy officer, and this matter is entirely at his discretion.

Extending Turkish residence by buying a property

Extending your stay in Turkey by buying a cheap property is one of the ways to extend your stay in Turkey. For example, imagine that you have traveled to Turkey for tourism and the duration of your stay is coming to an end. In this case, you can extend your stay in Turkey by buying a house. With this, your type of residence and visa will change and you can obtain temporary or permanent residence in this country according to the type of house purchased.

The cost of living in Turkey by buying a house

Costs and conditions of obtaining Turkish residence by buying property

Some of the costs and conditions of staying in Turkey by buying a house. Estimating the cost of staying in Turkey by buying a house is one of the things that you should consider before buying a house and applying for residence. One of these costs is the cost of notarizing a copy of each passport, for which you must pay 200 liras. Also, the cost of transferring the document is about 2-3% of the total amount of the purchased property.

In addition to the mentioned items, you have to pay municipal taxes for the desired house, which is 2-3% of the total amount of the property, just like the transfer fee. At the same time, you have to pay the real estate commission in Turkey, which is about 3-5% of the value of the purchased property. The cost of land rights in Turkey is another issue that you should pay attention to. The land fee is 80 liras for the applicant and 89 liras for each member of the family. Finally, there is the insurance fee, which is charged from 300 to 800 lira per person, depending on the age and type of insurance broker.

The possibility of renting the property purchased in Turkey

One of the attractions of buying a property in Turkey is the possibility to rent it and earn money. For example, imagine that the combined value of the three houses you bought has reached $400,000 and you only live in one house. In this case, you can rent two other houses at a reasonable price.

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