Do you want to settle in Turkey or plan to spend a long time there? Are you tired of inquiring about real estate residency in Turkey, Istanbul? Or about its conditions, and what are the required documents for real estate residency? And do you want to know the difference between real estate residency and tourist residency? And do you want to know the best properties for sale in Istanbul – apartments for sale in Istanbul suitable for obtaining real estate residency or Turkish citizenship?

All this and more, and everything you want to know about real estate residency, you will find in this article, through which we will answer all your inquiries.

Real Estate Residency

Turkey is considered one of the most prominent global destinations that attracts investors and individuals looking for a new life in a country characterized by its natural beauty and ancient history. Real estate residency in Turkey has become a popular option for many, thanks to flexible laws and facilities provided by the Turkish government. Whether you are looking for a place to live or wish to invest in the growing real estate market, Turkey offers you the opportunity to achieve your dreams.

Obtaining real estate residency in Turkey allows you to benefit from many advantages, starting from tax exemptions to obtaining Turkish citizenship when certain conditions are met. The Turkish real estate market is characterized by wide diversity, where you can find luxury apartments in Istanbul, or sea-view villas in Antalya, or historic houses in Izmir. All these options come at competitive prices compared to other European countries, making Turkey an attractive destination for investment and residence.

Thanks to its strategic geographical location between Europe and Asia, Turkey provides an ideal environment for living and working, with developed infrastructure, high-quality public services, and a lifestyle that combines traditional and modern. Therefore, if you are looking for an opportunity to start a new life or to enhance your investment portfolio, real estate residency in Turkey is an ideal option that you should consider.

Discover how you can benefit from this program and enjoy a life full of opportunities and possibilities in one of the most beautiful countries in the world.

Real Estate Residency in Turkey

Turkey has become an increasingly popular destination for real estate investment in recent years, with its stable economy, strategic location, and favorable government policies, it is not surprising that more and more people are choosing to invest in Turkish real estate.

Let’s explore together the different aspects of real estate housing in Turkey, including the legal framework for foreign investment, types of properties in Turkey, financing options, and key factors to consider when investing in Turkish real estate.

Real Estate Residency in Istanbul, Turkey

Turkey has recently witnessed tremendous development in all fields, especially economic, urban, and tourism, and this has made it the primary destination for Arab and foreign investors to invest in it.

Real estate investment in Turkey is considered one of the best investments in Turkey, due to the facilities provided by the Turkish government to local and foreign investors. After the increase in the purchase of residential or commercial properties, the Turkish government granted investors and those wishing to buy properties the right to obtain Turkish citizenship or real estate residency.

Types of Residencies in Turkey

Real Estate Residency in Turkey

It is known that residency is an official document issued by the Turkish Immigration Directorate, and it is given to people who have entered the country legally, but there are types of these residencies, and their number is 13 types, which are:

1. Short-term residency
2. Student residency
3. Family residency
4. Humanitarian residency
5. Long-term residency
6. Real estate residency
7. Scientific research residency
8. Temporary protection residency
9. Victims of human trafficking residency
10. Commercial residency
11. Medical treatment residency
12. Tourist residency
13. Permanent residency

Short-term Residency in Turkey

This residency is granted to individuals who are conducting scientific research, or engaging in commercial activities, or who wish to travel for tourism in Turkey, and the duration of this residency within Turkish territory does not exceed two years.

Student Residency in Turkey

This residency is granted to students enrolled in any university affiliated with higher education, and who wish to complete their studies in Turkey, and the duration of this residency within Turkish territory is open, as long as the student continues to study.

Family Residency in Turkey

It is obtained by individuals who were born with Turkish citizenship, and left Turkey with permission, and lost their citizenship due to their departure and are still treated as Turkish citizens.

Humanitarian Residence in Turkey

This residence permit is granted to individuals who can prove they would be subjected to any type of torture, or who have a judgment threatening their lives, or whose travel would pose a danger to their lives. The duration of this residence permit within Turkish territory is one year, renewable after reviewing the situation.

Long-Term Residence in Turkey

This residence permit is granted after approval from the Turkish Ministry of Interior to individuals whose stay within Turkish territory has exceeded 8 continuous years. However, refugees under temporary protection or those holding humanitarian residence permits are not eligible for this permit.

Real Estate Residence in Turkey

This is the subject of our article today, in detail as previously mentioned.

Scientific Research Residence in Turkey

This is the residence permit granted to individuals wishing to conduct scientific research. The holder of this permit is provided with free housing as an encouragement from the Turkish government. The duration of this residence permit is often one year, renewable.

Temporary Protection Residence in Turkey

This residence permit was granted to Syrian refugees after their asylum in Turkey following the outbreak of the war in Syria. The duration of this residence permit is completely unknown.

Victims of Human Trafficking Residence in Turkey

This residence permit is granted to individuals who were victims of human trafficking. It is granted for 6 months with the possibility of extension, provided it does not exceed 3 years.

Commercial Residence in Turkey

This residence permit is granted to individuals wishing to establish commercial activities within Turkish territory, but on the condition that the person has a valid passport. It is granted for one year with the possibility of renewal for only one additional year.

Medical Residence in Turkey

This residence permit falls under the category of tourist residence, as Turkey has recently become a destination for people from all over the world for treatment, cosmetic procedures, or hair transplantation.

Tourist Residence in Turkey

Granted to individuals wishing to tour Turkey, provided they have a valid passport. The duration of this residence permit is only 90 days.

Permanent Residence in Turkey

Permanent residence in Turkey is granted to foreign nationals who meet certain criteria, including holding a temporary residence permit for at least five years and not being absent from Turkey for more than six months in any one year.

Permanent residents have the right to work, travel, and live freely in Turkey.

Conditions for Real Estate Residence

Real Estate Residence in Turkey

Real estate residence is a document granted to foreign individuals, issued by Turkish immigration departments. This card allows its holder to enjoy many advantages and rights, the most important of which are health and education.

This document is granted to individuals who have acquired property within Turkish territory, after fulfilling the conditions for obtaining it. It is also granted to the spouse and children under 18 years of age.

Conditions for Real Estate Residence in Turkey

Many people wonder about real estate residence, and whether there are specific conditions for obtaining it? And is there a specific price or type of property required?

The answer to the above is:

1. First – and this is fundamental to obtaining this document – is owning property within Turkish territory in any city or province.
2. Second – the property must be for residential purposes only, and not as some pages or companies promote, claiming you can obtain the real estate document by purchasing commercial properties or agricultural lands.
3. Third – the minimum value of the property must be $200,000 for major cities such as ((Istanbul – Ankara – Izmir – Bursa – Gaziantep – Antalya – Adana – Mersin)), and the minimum value for other cities is $75,000.
4. Fourth – the real estate appraisal report must be equal to the minimum value mentioned above.
5. Fifth – registering the property with the Land Registry Directorate (Tapu) and obtaining a title deed for the property.

Required Documents for Obtaining Real Estate Residence in Turkey

• Title Deed (Tapu)
• Earthquake Insurance Document (DASK)
• Health Insurance Documents
• Valid passport for at least 6 months
• Family book translated by a notary and certified
• 4 personal photos
• Birth certificate or family statement stamped by the Ministry of Foreign Affairs for children under 18 years old
• 

Real Estate Residence Projects in Turkey

Advantages of Real Estate Residence in Turkey

1. Entry and exit to and from Turkey without the need for a visa
2. Possibility of renewing residence with great ease
3. Possibility of opening a bank account in Turkish banks
4. Right to own a private car and obtain a Turkish driving license
5. Freedom of movement between Turkish provinces
6. Enrollment in Turkish schools and universities
7. Benefiting from discounts offered by medical services in Turkish hospitals
8. Possibility of applying for Turkish citizenship if the property value reaches $400,000

Procedures for Obtaining Real Estate Residency

1. Book an appointment online
2. Prepare the necessary documents to obtain residency
3. Go to the Directorate of Migration in person or by official power of attorney
4. Pay the required fees
5. Wait for approval
6. Send the document via postal services

Reasons for Rejection of Real Estate Residency Applications in Turkey

• Presence of incorrect or forged papers or documents within the residency file
• The person entering Turkish territory illegally
• Failure to comply with Turkish law
• Using previous Turkish residency for illegal matters
• Expiration of old residency and delay in submitting a new application
• Presence of a security risk with the person inside Turkish territory
• Presence of an entry ban to Turkish territory

What is the Difference Between Real Estate Residency and Tourist Residency?

Real Estate Residency in Turkey

Residency Period

Application Method

Prohibited Neighborhoods in Istanbul

Real Estate Residency in Turkey

Places where population registration cannot be established in Istanbul.

Types of Residential Properties in Turkey

Apartments

Apartments are the most common type of residential property in Turkey. They are available in a wide range of sizes and styles, from compact studios to spacious penthouses. Many apartments in Turkey come with amenities such as swimming pools, gyms, and 24-hour security.

Villas

Villas are independent properties with private gardens and swimming pools. They are often located in gated communities and offer more privacy and space compared to apartments. Villas in Turkey can be very luxurious and are popular among local and foreign buyers.

Townhouses

Townhouses are similar to villas but are usually smaller and more affordable. They are often located in suburban areas and offer a good balance between space and affordability.

Commercial Properties

Commercial properties in Turkey include shops, offices, and industrial properties. They offer opportunities for both rental income and capital appreciation and can be a good option for investors looking for a diversified portfolio.

Residential Property Financing Options in Turkey

Mortgages

Turkish banks offer mortgages to both local and foreign buyers, although terms and conditions vary. Some banks require a minimum down payment of 25%, while others may require more or less.

Seller Financing

Some property developers in Turkey offer financing options to buyers, such as payment plans or deferred payment plans. These options can be attractive to investors who are unable or unwilling to obtain a mortgage from a bank.

Cash Purchase of an Apartment

Finally, some investors choose to purchase real estate in Turkey with cash, either from their own savings or from other investments. This option can be attractive to those who wish to avoid the costs and complications of obtaining a mortgage.

Key Factors to Consider When Investing in Turkish Real Estate

Location

The location of the property is one of the most important factors to consider. Properties located in popular tourist destinations or rapidly developing areas are likely to appreciate in value more quickly than those in less desirable locations.

Price

The price of the property is also an important consideration. Investors should look for properties that offer good value.

What are the Fees for Real Estate Residency in Turkey?

Paying the fees for real estate residency in Turkey is one of the basic conditions for granting this type of residency. Many foreigners seek to obtain it and enjoy its benefits by purchasing a property in Turkey according to specific conditions stipulated by Turkish law.

Real Estate Residency Fees in Turkey

We can summarize real estate residency as a temporary permit to reside in Turkish territory, but renewable annually. It is granted by the Immigration Department of the Turkish Ministry of Interior after purchasing an apartment in Turkey, regardless of its size and specifications.

Real estate residency allows its holder to legally live in Turkey and enjoy many advantages.

We will explain how to calculate the cost of real estate residency compared to the value of the property you wish to purchase in Turkey, as you will have to pay a percentage equivalent to 9.7% of the total price of the property to be purchased.

There are also some other fees that you have to pay, which are related to earthquake insurance, the title deed document, health insurance, two real estate appraisal documents, and the property’s identity card. In addition to the costs associated with tax fees for real estate residency.

You also have to pay:

• Residency card fee: 18 US dollars
• Entry visa card fee: 115 US dollars
• Foreign nationality-related costs: range from 10 to 80 US dollars

In conclusion, after all the previous expenses, the cost of issuing real estate residency in Turkey is not exorbitant, as it does not exceed 500 US dollars.

Best Apartments for Sale in Istanbul Suitable for Real Estate Residency

1 – Bizim Evler 9 Project

Project Overview

Project Advantages

The project is considered one of the high-rated projects, meaning it is suitable for those wishing to buy properties in Turkey to obtain Turkish citizenship or real estate residency. It is also one of the family projects suitable for those who love tranquility and spacious areas, and suitable for those looking for properties for sale in Istanbul – apartments for sale in Istanbul. For housing or real estate investment in Turkey, and to obtain a high return on profit by renting the property and selling it after years.

One of the best features of the project is its location on one of the sides of the future Istanbul Canal, which has made it a project of great investment value. There are many apartments in the project overlooking Kucukcekmece Lake.

The project is characterized by its luxurious family nature and high-quality finishes.

2 – Banu Evleri 4 Project

Project Overview

Project Advantages

The project is considered a highly-rated project, making it suitable for those wishing to buy properties in Turkey to obtain Turkish citizenship or a real estate residency. It is also a family-friendly project suitable for those who love tranquility and spacious areas, and suitable for those looking for properties for sale in Istanbul – apartments for sale in Istanbul, for living or real estate investment in Turkey, and to achieve a high return on investment by renting out and selling the property after years.

3 – Luxury Istanbul Apartments 2022

Invest Vadi Project

Project Overview

Project Advantages

The project is considered a highly-rated project, making it suitable for those wishing to buy properties in Turkey to obtain Turkish citizenship or a real estate residency. It is also a family-friendly project suitable for those who love tranquility and spacious areas, and suitable for those looking for properties for sale in Istanbul – apartments for sale in Istanbul, for living or real estate investment in Turkey, and to achieve a high return on investment by renting out and selling the property after years.

Important Articles in Turkey

We will present to you a list of the most important and relevant topics in Turkey. All you have to do is click on the topic name to go directly to the article details. If you have any other inquiries, you can contact our specialized team in real estate consultations.

1. Turkish Citizenship 2023 – Advantages of Turkish Citizenship
2. Closed Neighborhoods in Istanbul for Foreigners
3. Apartments for Sale in Istanbul 2023
4. Istanbul City in Turkey
5. Best Properties in Istanbul
6. Istanbul International Airport
7. Turkish Passport
8. Apartment Prices in Turkey
9. Villas for Sale in Turkey 2023
10. Apartments for Sale in Turkey by Installments
11. Apartments for Sale in Maslak Istanbul

Frequently Asked Questions about Real Estate Residency in Turkey

What is the duration of real estate residency?

Real estate residency in Turkey is considered a short-term residency, where the property owner is granted residency in Turkish territory for one or two years.

Can real estate residency be renewed?

Certainly, and with ease. According to Turkish law, it is sufficient for the property to remain registered in the name of the residency holder for the residency to be renewed after submitting the required documents.

What is the cost of real estate residency in Turkey?

The costs of obtaining residency are very symbolic, as they vary depending on the person’s age and health insurance.

Are Syrians entitled to obtain real estate residency?

Syrians are among the nationalities that Turkish law does not allow to directly own real estate in the territory of the Republic of Turkey, but they are entitled to own property by establishing a company and registering the property in the name of that company. Therefore, Syrians are not entitled to obtain real estate residency, while they are entitled to obtain other types of residencies.

What is the status of real estate residency in Esenyurt?

Unfortunately, some neighborhoods in the Esenyurt district are included in the prohibited areas for obtaining real estate residency, due to the high population density, which has reached its peak. In the previous table, we showed you a list of the inner neighborhoods of Esenyurt that have been banned.