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Conditions for Arabs and foreigners to obtain real estate residency

Conditions for Arabs and foreigners to obtain real estate residency

Obtaining real estate residency has become one of the many goals that Arabs and foreigners alike seek to achieve in Turkey, as it is the legal means by which residency can be legally established.

If this topic interests you and you want to know some details related to it, we advise you to follow the following article prepared for you by the editorial team at Ramzy Real Estate Company to be comprehensive about that nationality.

We wish you a great reading.

 

How to obtain real estate residency?

There is no doubt that obtaining this residence does not take much time and there are no arbitrary conditions. Rather, the conditions required are within the realm of reasonableness, and through the following paragraph we are working to review them in full:

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

- The property must be intended for housing.

- Not to be within one of the security or military areas.

- The applicant must not hold one of the nationalities from which ownership is prohibited in Turkey.

There are no other conditions related to the specifications of the property or its area, but for example in the case of buying a commercial property, it will not be suitable for obtaining residency.

In this context, we will point out a very important matter, which is that the Turkish government did not hesitate to provide all the facilities that foreigners are looking for, and this residence is considered to have privileges, the most important of which is not the ease of obtaining it as we saw above, as well as the possibility of renewing it annually as long as the foreigner is the owner of the property.

 

The importance of real estate residence in Turkey:

Below you can see the advantages of being a holder of real estate residence in Turkey in detail:

- Residing in Turkey legally without being subjected to any violation.

- The possibility of moving between the Turkish states with complete comfort.

- It is possible to travel to and from Turkey without a transit visa.

- Benefit from the medical and educational services that are usually provided to Turkish citizens.

- Get the best job opportunities in Turkey.

 

Documents needed to obtain real estate residency:

In order to obtain a real estate residence permit, there are many papers and documents that must be prepared, which are as follows:

- Application form for obtaining residence and must be filled out by the concerned person.

- The original copy of the Turkish passport and it must be valid for a period of no less than six months.

- The tax number must be obtained, free of charge, from one of the tax departments.

- Personal Photos.

- The real estate appraisal document that confirms that the value of the property is as stipulated.

- If all family members get it, you must bring the family book.

- Earthquake insurance policy.

 

Steps to obtaining real estate residence in Turkey:

In order to obtain real estate residency, there are many procedures that you must follow and take, and through the following paragraph we review them in full:

- The selected website must be visited online.

- Entering the section for those wishing to obtain real estate residency for the first time.

- The form that appears on the screen must be filled out with personal information.

- You must book an appointment for the interview, and the price of the trip is according to the specified date and time without delay.

- Extracting and processing the required documents.

- The tax charged must be paid.

- After completing all the procedures, you will have to wait up to 3 months before getting it.

 

Important tips when obtaining a real estate residence permit:

When applying for this residence, there are many points and details that must be adhered to, and taken into consideration, most notably:

- The passport must be valid for at least 6 months.

- Bring the family book.

- Each family member must submit a separate and separate file.

- If the children are under the age of eighteen, the consent of the guardian must be obtained.

- There may be any deficiency or defect in the submitted papers, in this case the deficiency must be rectified within 3 days.

 

The main reason behind choosing a real estate residence:

Certainly, the choice of many people to obtain real estate residency was behind many reasons other than what was mentioned above, and through the following paragraph we will point out the most prominent of them:

1- Suitable real estate prices:

One of the most motivating reasons for foreigners to obtain real estate residency in Turkey is that real estate prices are low compared to the prices that you will find in its neighboring countries, in addition to the high luxury that is characterized by the adoption of the highest international quality standards.

 

2- Applying for Turkish citizenship:

If the property is suitable for the conditions for obtaining Turkish citizenship, you will be able to apply for it, that is, its price should be at least 400,000 US dollars.

 

3- Housing and permanent residence:

It is a card that entitles its holder to permanent stability in Turkey, and this is what many people seek, especially in light of the harsh conditions experienced by many countries around the world, especially Arab countries.

 

4- A profitable real estate investment:

All indicators confirm the feasibility of real estate investment in Turkey, according to many positives, most notably:

- The booming Turkish economy, which is constantly growing.

- Political stability.

- Infrastructure development.

- Luxurious projects with distinctive designs.

- High population density.

- Bus tourist seasons and large foreign influx.

Important information about real estate residence in Turkey we provided to you in this article. We hope that you have obtained sufficient information and that we have answered your various questions.

For more details, you can visit our website frequently.

 

Editing by Ramzy Real Estate Team ©

 

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