How to Get a Property Investment Residence Permit in Turkey | Turkish Real Estate Residency Card

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Investing in real estate in Turkey has become an attractive option for many foreign investors due to the country's growing economy, strategic location, and affordable property prices. To encourage property investments, Turkey offers a Property Investment Residence Permit for foreign investors. In this article, we will guide you through the necessary steps, requirements, and key considerations when applying for this type of residence permit.

Understanding the Property Investment Residence Permit

The Property Investment Residence Permit is designed for foreign investors who purchase real estate in Turkey with a minimum value of $50,000 (in big cities, this limit is $75,000) or the equivalent in Turkish Lira. This residence permit allows you to reside in Turkey. You can apply for 2-years residence permit and it is renewable as long as you keep the property.

Investing in Turkish Real Estate

To qualify for a Property Investment Residence Permit, you must purchase one residential property with a value of at least $50,000 in small cities and $75,000 in big cities. Follow these steps to make your investment:
a. Research the Turkish real estate market and identify potential investment opportunities.
b. Engage a reputable local real estate agent to help you find suitable properties.
c. Obtain a tax identification number from the Turkish Tax Office.
d. Open a bank account in a Turkish bank to facilitate the property transaction.
e. Complete the property purchase, ensuring that the transaction is properly registered with the Turkish Land Registry.

Applying for the Property Investment Residence Permit

Once you have completed your property investment, follow these steps to apply for the Property Investment Residence Permit:

b. Prepare the required documents, which include:
- Copy of residence permit application form
- A valid passport, copy of visa and latest entry stamp
- Four biometric photos taken within the last six months
- Proof of health insurance coverage valid in Turkey
- Proof of sufficient financial means to cover your stay and property investment expenses
- Receipt of residence permit tax and card fee
- Title deed (tapu) and numarataj document
- An appraisal report proving the value of the property to prove that it values more than the limit

c. Attend the appointment and submit the required documents.

Important Considerations

Keep in mind the following points when applying for a Property Investment Residence Permit:
The initial Property Investment Residence Permit is valid for two years and can be extended provided that you still own the property or properties.
Your spouse and children under the age of 18 can also apply for the same residence permit if their name is written on the title deed. Otherwise, they can apply to touristic residence permit.
If you decide to sell your property, your Property Investment Residence Permit may be canceled.

Conclusion

By following these steps, you can successfully obtain a Property Investment Residence Permit in Turkey. Make sure to carefully prepare all the required documents and follow the application processes accurately to ensure a smooth and stress-free experience. We wish you a successful investment and a comfortable stay in Turkey.

Follow me on Instagram @mrburakunal

My Channel: My name is Burak Unal. I am a professional investment and immigration advisor in Turkey for foreigners.

Turkey is an amazing destination for expats and foreign investors. On my YouTube channel, I share my insights about investment and immigration procedures in Turkey.

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Time Codes:
0:00 - Intro
0:44 - Section 1: What is Property Residence Permit?
1:18 - Section 2: Purchase Property in Turkey
4:02 - Section 3: Application Steps and Required Documents
6:40 - Section 4: Important Considerations
7:46 - Final
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Hello, burak, could you pls tell me how we can download our registered address document ... As in an e-devlet app under address, there is only a Refresh option is available but not any pdf download?

ssmr
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When applying for the turkish citizenship by investment. Do i need to apply for investor residency if i already have a tourist residency?

rainschmidt
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Hi, I have property in my name ; and also work permit till jan 2026 . how can make property residence permit ? The present property value is more than $ 75000. Is there any agent to make the property residence permit ?

peterthomasv
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Do I even need that Property Investment Residence Permit, if I already got a Mavi Kart?

thebamplayer
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Do I need a copy of Visa, if I don't need a visa to stay in turkey since I have european passport?

lakschu
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What about spouse and children, I have two children, one 17 and other 6. They all can have resident card if I bye property. And can they also benefit from education in high school and junior school according to their grades. Please reply, thanks

majidmuhammad
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Can wife purchase property in her name and husband gets residence permit too in the same amount OR has to pay extra?
Is 50k and 75 k minimum is for the family or each individual in the family?

nomorenews
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Is the property residency permit still for 2 years?

rogilk
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Hello sir I overstay 6month now so I can get kimilik

mainermgunga
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Can still get residency permit on my property in Alayna ?

florss
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Hello Burak! If I go to Turkey on a 30-day visit visa and stay there, can I renew the visa after it expires? And what if I buy a property under $70k to $100k?" 2025 🇹🇷🇵🇰

zakirullahkhan
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Hello Sir, the birth certificate and kimlik are the same ?

Trixia_Yoruk
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Hi can you please list the cities for $50000 investment?

Adam
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Once we have a Property resident can we rent the property?

mahmoodmalik
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So in the renewal application same rule apply of $75000?

umairahmed
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Can you apply for us my kemlek is ending 20 January 2025? It’s (J) need your watsup number

abdullahwahidyar
visit shbcf.ru