Many foreigners consider relocating and pick Turkey as their new country of residence. Read our article to discover why foreign nationals prefer to purchase property in Turkey and learn about the process of relocating to this country.

Contents:

1. Property purchase and moving to Turkey: reasons

2. Obtaining a residence permit and citizenship when moving abroad

3. Buy property and get a residence permit: conditions

4. Purchasing any property and obtaining a residence permit in Turkey

5. Investing in Turkish property and obtaining citizenship

6. We'll help you buy property and move to Turkey

Property purchase and moving to Turkey: reasons

The Republic of Turkey attracts foreign citizens with its excellent seaside location, mild climate, and comfortable living conditions. The following reasons make the country one of the leaders in property sales to foreigners:

• high quality of construction;
• loyalty to foreign investors from the Turkish government;
• comfortable programs for obtaining residence permits and citizenship by purchasing property;
• the relative simplicity of the purchase procedure and much more.

Turkey has created all the conditions to stimulate and increase foreign investment.

Obtaining a residence permit and citizenship when moving abroad

If you plan to move permanently to another country, you must consider how to reside there legally. For this, you must have either a residence permit or citizenship. In many countries, a foreign citizen can reside on a visa, which typically lasts up to 90 days within a six-month period. If your goal is temporary residence, then this option is acceptable. But if you don't want to be tied to such a short period, you must obtain a residence permit. A residence permit is granted when purchasing property in Turkey. If you purchase housing, such as apartments in a pre-built residential complex, you can apply for a residence permit in this country. This is another reason why many foreigners choose Turkey as a country for permanent relocation.

Buy property and get a residence permit: conditions

Obtaining a residence permit implies meeting certain conditions. In Turkey, the following requirements are imposed on candidates:

• No criminal record;
• No serious infectious diseases;
• Having medical insurance;
• Financial solvency;
• Having a place to live.

If the candidate meets these requirements, they can collect and prepare documents. To obtain a residence permit in Turkey, you need:

• Application, which can be submitted electronically on the migration service website;
• Passport valid for at least 60 days after the expiry of the ikamet (residence permit) – original and copy;
• Biometric photos on a white background, color, full face, strictly in the center – 4 pcs.;
• Confirmation of the basis for issuing the ikamet;
• Documents confirming the applicant's solvency;
• Documents of property ownership;
• Medical insurance policy;
Receipt of payment of the state fee

Collecting documents is easy, but it requires specific knowledge. Therefore, the help of experienced specialists will be helpful when completing it. For example, when purchasing housing from the developer Yekta Homes, you will receive complimentary transaction support and professional assistance in resolving issues related to obtaining a residence permit.

Purchasing any property and obtaining a residence permit in Turkey

A significant advantage of the Republic of Turkey is its loyal investment amount. You can apply for a residence permit when purchasing a property for a minimum of $200,000. By choosing real estate in Istanbul, Ankara, or popular resort villages, you can secure a residence permit, as prices in these locations are generally high.

This type of residence permit allows you to live in the country. An additional permit is required for work. The residence permit is extended after its expiry. After 5 years of living in the country, you can obtain local citizenship. There is also an easier way to do this.

Investing in Turkish property and obtaining citizenship

You can obtain Turkish citizenship by investing a minimum of $400,000 in real estate. There are other ways to obtain citizenship:

• open a deposit in a Turkish bank for an amount of at least $500,000 for at least 3 years;
• invest from $500,000 in securities for at least 3 years;
• create your own company with an authorized capital of at least $500,000 or invest the same amount in a Turkish company;
• create 50 jobs for Turkish citizens.

For most foreign investors, purchasing a home is the most convenient and promising way to invest and obtain citizenship.

We'll help you buy property and move to Turkey

If you plan to move to the Republic of Turkey permanently, you will certainly need the support of local market professionals. Yekta Homes specialists will help you choose and purchase a property in Turkey, providing professional support in resolving issues such as obtaining a residence permit and citizenship. We will select the best housing and investment options for you to effectively and quickly solve your problems. Contact us at +90 533 782 0000.