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Steps to renew real estate residence permit in Turkey 2022

Steps to renew real estate residence permit in Turkey 2022

The vast majority of investors have purchased real estate in Turkey for obtaining real estate residency, because investors who buying real estate for permit residence is more than those who submitting for Turkish citizenship. According to data from the Turkish Statistics Authority show a steady increase in real estate sales to foreigners over the past five years from 2016 to 2021, Turkey witnessed the sale of about 2.8 million properties in 2021, during the period between January to November 2021, the total transactions of real estate sales in Turkey amounted to two million and 768 thousand and 262 transactions, while the number of foreigners who obtained Turkish citizenship reached about 20,000 foreigners since mid-2018 until now, and this means that only 1% of investors have purchased real estate with the aim of obtaining Turkish citizenship.

Most investors get real estate permit residence, which the investor obtains once he gets the title deed of the property. residence permits granted by the Turkish Ministry of Interior to foreigners, as there are many types of permit residence in Turkey including tourist, humanitarian, educational, student, and real estate residence permits. In this article, we will focus at real estate permit residence, and we will provide you with all you may need to know about renewing real estate residency, and its terms and advantages.

 

Definition of real estate residence

It is a short-term residence (one year and renewable), granted by the Turkish authorities to a foreigner who owns a residential property provided that it is used for the purpose of housing, which is means it is not granted if the property for getting profits like shops or agricultural lands.

The state also requires that the price of the property not be less than 75,000 dollars in major cities such as Istanbul, Ankara and Antalya, and not less than 50 thousand dollars in small cities, as the foreign investor can obtain real estate residency by buying an apartment even if it is a studio with one room, but with the price that required for the city where he will buy in it, and the law of real estate ownership is available to all nationalities, but with the exception of some nationalities are not allowed to own property directly in Turkey, and these nationalities are Syria, Armenia, North Korea and Cuba.

real estate residence in Turkey

Advantages of real estate residence

There are several advantages when getting real estate residence in Turkey, which are:

• Staying in Turkey legally without feeling the threat of deportation, as it may happen to the holders of tourist residence.

• Granting tourist residence to the investor’s family who buy the property, his wife and children under the age of 18.

• In case that their names are written in the apartment title deed, they will obtain the real estate residence permit as well.

• you can travel easily to Turkish cities without the need for a travel permission.

• Obtaining free education and health care services in Turkey.

• The investor or property owner has the right to apply for a long-term residence in Turkey after eight years of residence in Turkey.

Real estate residency in Turkey does not grant its owner the right to obtain Turkish citizenship unless the property price exceeds $250,000, in this case the property owner can apply for Turkish citizenship.

Conditions for obtaining real estate residency

There are no specific conditions for obtaining real estate residency other than those mentioned in the definition, which is owning an apartment dedicated exclusively for housing and not for any other purpose.

The required documents to renew real estate permit residence

There are some required documents must be available to renew real estate permit residence before submitting to the Immigration Department, and these documents are:

• Original and copy of the title deed of the real estate that the investor has already purchased.

• Registration of NUFUS that is extracted from the NUFUS Department.

• Earthquake insurance for the property DASK.

• A copy of current real estate permit residence that issued before.

• 4 biometric personal photos, size 5 * 6

• A valid health insurance document valid for the owner of the property throughout the date of the residence period for the property owner.

• A title deed document that is extracted from the Tapu Department, which must be submitted to the Immigration Department at the time of submission.

• A family statement for the children and the wife translated into Turkish language and certified by the Turkish embassy in the investor’s country or from the Noter Department in Turkey. It can also be extracted from the investor's embassy in Turkey to be certified by the Qaim Maqam and used directly.

• Numarataj and it is extracted from the municipality.

• Paying the residence tax at the Tax Department, the value of which ranges from 110 to 1200 Turkish liras.

Notes for the investor about real estate permit residence

- Real estate residency is granted in case of buying a property with the purpose of living and housing in any area within Istanbul, including Fatih and Esenyurt, and the Turkish Ministry of Interior’s decision not to grant permit residency for foreigners who live in these areas, this decision concerns tourist residency, but if the property is owned in Esenyurt and Fatih, the investor has the right to obtain Real estate residence.

- The owner of the property cannot grant his family a “real estate residence” unless they have a legal share in this real estate, if the investor writes their names in the title deed, but a foreigner can grant his family (a wife and all his children under the age of 18) a “family residence”.

- Syrians are one of the nationalities that Turkish law does not allow them to own real estate directly in the Turkish Republic, but they have the right to own property by establishing a company and registering the property in the name of that company.

- The duration of real estate residence in Turkey is usually granted for one or two years, with the possibility of renewing it as long as the property written by the name of the investor.

- Make sure to submit the application before the expiry of current permit residence, and the same thing for your family members.

- The passport (or travel document) must be valid for more than 6 months, and if the period is less than this, you can apply and then renew the passport in your country.

- If the application is for a family, all the previous steps should be followed with separate file should be prepared for each family member, and each family member will get his own interview appointment, as the interview date issued by the Immigration Department is a personal appointment for the applicant.

- Parents must accompany their children under the age of 18 during the interview.

- Payment of fees should be paid in cash and by local currency Turkish Lira as bank transfers and credit cards are not accepted, so be sure to bring enough money to pay the application fee, and if the applicants are a family, payment is for each application separately.

 

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

 

Editing by Ramzy Real Estate Team ©

 

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