Learn the difference between tourist residency and real estate residency in Turkey

Created: 2021-08-30
Last Updated: 2024-05-02
Views: 4924

Content Index

What is the tourist residency in Turkey?
To whom is the tourist residence granted (short-term residence)?
The most important benefits of obtaining a tourist residence in Turkey:
What is the real estate residence permit in Turkey?
The benefit of obtaining real estate residence in Turkey:
The differences between tourist residence and real estate residence in Turkey:
Reasons for obtaining real estate residency:
Important notes when applying for real estate residency:
Conditions for obtaining real estate residency:

Turkey, especially in recent times, has witnessed a wave of interest in entering its lands, whether by those who wish to invest, work and trade, or even those who hope to live in it in search of better living conditions than those in their countries, and this has led to a difference in the purpose of residence in Turkey between The arrivals and the difference in the desired period of stay in Turkey, which obliged the Turkish government to search for other forms of residency other than the entry visa, including tourist residency and real estate residency.
We will now learn about tourist residency and real estate residency, the most important thing that distinguishes one from the other, and the advantages that each provides for the newcomer to Turkey.

What is the tourist residency in Turkey?

Tourist residence in Turkey was created as an alternative to the entry visa that allowed a person to reside in Turkey for a maximum period of 90 days to facilitate the affairs of the arrivals and allow them to practice their various businesses and activities more easily, and this type of residence was issued by the Turkish government to keep pace with the current conditions witnessed by Turkey, therefore, is considered a flexible law that is subject to change as circumstances dictate.

To whom is the tourist residence granted (short-term residence)?

- People wishing to start business within Turkey.
- Residents intended for tourism for a period exceeding 90 days.
- Residents with the intention of treatment for a period exceeding 90 days.
- Arrivals to Turkey for the purpose of carrying out scientific research.
- Coming to Turkey with the aim of educational attainment by learning the Turkish language or attending educational courses.

The most important benefits of obtaining a tourist residence in Turkey:

-Completing various types of transactions in your name, including electricity and water bills, and access to Internet services.
- An essential condition for applying for a work permit in Turkey.
- The possibility of opening a bank account in your name in Turkish and international banks.
- The possibility of entering and exiting Turkey without obtaining a visa.
- Make it easier to obtain visas for some countries.
- Make it easier to obtain a Schengen visa to one of the European countries.
-Facilitating the affairs and movement of businessmen and merchants on Turkish territory.
- Possibility of owning and investing in real estate in Turkey (except for some nationalities such as Syrians).
- Help in obtaining a driver's license and buying a car.
- Helping to accept children in universities and schools in Turkey.

What is the real estate residence permit in Turkey?

It is a residence granted by the Turkish state to everyone who has purchased a property in Turkey or even to those who have acquired immovable property on Turkish territory from foreigners. This type of residency is granted to the owner of the property, as well as to his wife and children who have not yet reached the age of eighteen, for a period of one or two years (depending on nationality and other matters) subject to renewal as long as the person still owns the property.

The benefit of obtaining real estate residence in Turkey:

-The annual renewal of real estate residence permits is easier than other types of residence permits.
- After 8 years of real estate residency in Turkey, it is possible to apply for a long-term residency in Turkey.
- Enjoy access to education and health services for free or for a small fee.
- Applying for Turkish citizenship if the property price exceeds 250 thousand US dollars.

The differences between tourist residence and real estate residence in Turkey:

Among the most prominent features that distinguish these two types of residence from each other:
-Period of stay: where the tourist residence is granted for a limited period and is subject to cancellation or change according to the laws imposed by the Turkish state in proportion to the circumstances.
As for the real estate residency, it is granted for an unlimited period and is not subject to any laws to cancel it as long as the title deed exists.
- Applying for tourist accommodation requires the availability of a rental contract; While applying for real estate residence requires the availability of the title deed of the property.
- The desired objectives of obtaining residence in Turkey vary:
The tourist residence is desired to be obtained for the purpose of starting a business, for the purpose of tourism or treatment, for a period exceeding 90 days; On the other hand, the aim of the real estate residence permit is to own real estate on Turkish lands.
- Annual renewal of real estate residency is easier than renewing tourist residency.

Surely you know that there are many similarities between real estate and tourist residences, but real estate is stronger in terms of ease of access and possibility of renewal.

Reasons for obtaining real estate residency:

- There are a set of motives and incentives that encourage foreigners to apply for this residence, the first of which is the desire to reside legally in Turkey without being subject to violations.

- Real estate in Turkey can be purchased quite easily with all the many privileges that the Turkish government offers.

- Do not forget that the costs of owning real estate in Turkey are very reasonable, in contrast to the prices in European and American countries.

- Obtained by all family members (wife + children under the legal age)

In this context, it is necessary to point out a very important matter, which is that if the foreigner is married to more than one woman, only one wife can obtain it and after obtaining the consent of the first.

As for children who are not entitled to apply for real estate residency, they can apply for tourist residency instead.

- Turkey is an ideal environment for settlement and residence due to the availability of all the service facilities they need.

- The cost of living in Turkey is low and moderate.

- You can benefit from the property in real estate investment to get high profits.

- If you want to sell the property after a period of time, you will find that your capital has increased and grown.

Important notes when applying for real estate residency:

There are a set of tips and information that you should consider when you want to apply for this residence, and they are as follows.

1 - If all family members are going to apply for it, each of them must have a separate file from the other.

2 – The fees that you must pay must be in the local currency (Turkish Lira) and then receive a stamped receipt.

3 - If it is discovered by the concerned authorities that there is any shortage or defect, the foreigner will be given thirty days to make up for the shortage.

4 - The buyer's passport must be valid for a period of no less than six months.

Conditions for obtaining real estate residency:

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

- That the property is intended for housing.

- It should not be located within a security or military area.

We at Ramzy Real Estate are keen to provide you with all the advice you need on a permanent basis, and it is among the integrated set of services that we provide to our clients.

All you need to know about inquiries about the real estate market in Turkey or other details, we invite you to get them through your continuous visit to our website.