Obtaining residence permit and citizenship in Turkey when buying a property

Published:
June 3, 2024
1278

Dreaming of life under the Turkish sun? A Turkish Residency Permit is your ticket to a carefree holiday.

Residency allowance not only legalizes your stay for a year or more but also opens doors for work, depending on the type of document obtained.

Learn who can get the coveted status, under what terms, and what benefits it offers to foreigners in our detailed guide.

Residency Allowance: Your pass to a convenient life in Turkey

Getting Ikamet gives leave to delve into local society and enjoy the pros accessible to inhabitants.

Pros:

  • Study: Your kids can study in civil schools alongside the country’s inhabitants.
  • Accessible Healthcare: You can get free cure at public hospitals and can use the commencement of private ones at reduced prices.
  • Variety of Civil Services: Doors to civil sectors and routes will be open to you, allowing you to enrich your leisure time and gain new knowledge.

Important to remember: Ikamet does not immediately give the right to have a job. For employment, you are in need of a work visa.

How to get a Residence Allowance when buying property in Turkey

Country hospitably opens its doors to non-citizen investors. Here are two main variants:

  • Rent: Conclude a notarized lease agreement and get a tourist residency allowance for the continuation of the deal (usually up to 2 years).
  • Buying a property: Acquire housing of any price and record the possession. This entitles you to a tourist residence allowance, the continuation of which varies (on average 1-2 years, but variations are feasible depending on citizenship).

Vital: Clarify whether the selected area is open for legalization of non-citizens.

New horizons:

From October 2023, buying real estate in Turkey worth from $200000 (as valued in the TAPU paper) opens the way to acquiring citizenship by naturalization. Keep in mind that the assessed value may differ from the market one, especially in resort towns.

Compulsory papers for receiving a Turkish Residency Permit

Mandatory Set:

  • Submission Form: Fill out the submission form for an allowance, accurately indicating all the mandatory data.
  • TIN: Get a TIN – your personal identifier in the local financial system.
  • Photographs: Provide 4 photos that meet the requirements.
  • Passport: Make authenticated copies of all pages of your passport and don’t forget the original.
  • Evidence of Financial Sufficiency: Confirm the availability of profit or funds in your bank account.
  • Medicare: Take out Medicare that will cover your medical expenses in a country.
  • Accommodation Papers: Provide a certified lease agreement or TAPU proving your place of living.

Extra Papers (for Working Trips):

  • Proposal from an Organization: If the purpose of your visit is to search for business partners, a proposition from a local organization is mandatory.

Keep in mind: The administrative fee for issuing the card is 160 TRY.

The guide of getting a Turkish Residence Allowance

The entire course of action will take you 4 months. These stages have to be completed:

  1. Purchase a SIM card from a local mobile operator.
  2. Find accommodation and sign a lease agreement.
  3. Obtain Medicare.
  4. Get the necessary papers translated and  authenticated.
  5. Take 4 biometric photos.
  6. Submit your residence allowance submission.
  7. Attend an interview.
  8. Get a TIN.
  9. Get an allowance.

The continuation of the Residency Permit of Turkey and ways to extend it

Short-Term Allowance:

  • Period of Effectiveness: From 1 to 5 years.
  • Extension: Feasible if the rules of stay in the country are observed and there are no violations of the law.
  • How to extend Turkish Residency Permit: Submit online or at the migration department.

Extended Allowance:

  • Who receives: Non-citizens who have lived in the state for a minimum 8 years.
  • Constant Status: The lasting resident allowance card has no expiration date and does not need a renewal.

Turkish Citizenship: From dream to reality

Dreaming of becoming a full-fledged citizen of Turkey? The naturalization program opens up such opportunities! Here is your key to a passport:

  1. Put money in the Future: Buy an object that is worth the minimum of $200000 (depending on the cadastral value). This is your ticket to the program.
  2. Become a Part of State: Live here for five years, and not leave it in excess of 360 days throughout the entire period. Show your commitment to your new homeland.
  3. Get to Know Turkey Better: Pass exams on local language and history. Demonstrate your willingness to delve into this society.

Vital: The “Tourist” residence allowance gotten when acquiring housing for a minimum US $200000 is not taken into consideration when calculating the time of residence for full membership.

Turkish Citizenship by Investment: Your fast track to a new status

Something you have to know:

  • Spend US $400000: Invest in a country’s real estate (one or more housings acquired within a 30 days).
  • Pick an Object You Wish: Apartments, commercial premises, shares in hotels – the choice is yours!
  • Trust the Specialists: Turn to a lawyer to accompany the business dealing and get citizenship (the cost of services is ~ US $5000, + VAT refund).
  • Kinship citizenship: Your mate and kids who are juveniles can receive Turkish citizenship.

Important Nuances:

  • Prohibition on Sale: Housing acquired within the program cannot be sold for 3 years.
  • Local Sellers Only: Buy housing from the country’s inhabitants or developers.
  • One-Time Participation: Housings that have already participated in the program are not eligible for re-registration.
  • It is vital to note that not all estate falls under this program

Mandatory papers for receiving Citizenship of Turkey

These papers have to be given:

Personal Data:

  • Submission Form: Completed and signed.
  • Birth Certificates: For the main aspirant and the whole family.
  • Marital Status: Marriage license or paper proving marital status.
  • Passports: Copies of all pages of internal and international passports of the whole family.
  • Photographs: Biometric photographs measuring 50 × 60 mm for the whole family.

Financial and Legal Documentation:

  • Financial Institution Report: Proving payment for housing.
  • Endorsement from TAPU: Paper from the National Land Administration and Cadastre proving the accomplishment of financial contribution duty.
  • Medicare: Authentic in a state.
  • Police Clearance: For the main candidate.
  • Duplicate of Residence Allowance: If applicable.
  • Power of Attorney for a Lawyer: For a licensed local lawyer representing your interests.
  • Official Fee Payment Acknowledgment: For issuing passports.

It is vital to clarify the entire list with specialists before submitting documents.

The course of action of receiving Turkish Citizenship

Let’s take a look at the method of getting a passport:

  1. Choosing an Agent and Initial Verification:
  • Contact a representative of the country’s citizenship program.
  • Pass a confidential preliminary AML/KYC check to minimize the risks of refusal.
  1. Preparation of Papers:
  • Get a comprehensive list of compulsory papers from lawyers and, if vital, use their help in translating, notarizing, and filling out forms.
  1. Selecting and Acquiring Housing:
  • Check out the offers of verified housing objects from sales specialists.
  • Carry out a lawful check of the selected object for encumbrances and compliance of the contract with all necessities.
  • Pay for the housing and get a paper of possession.
  1. Receiving an Allowance:
  • Submit for a residence allowance, which is a vital stage. The card issuance period is 1-2 weeks.
  1. Submission for Citizenship:
  • Entrust lawyers to file documents on your behalf by proxy.
  1. Taking a Passport:
  • Acquire your paper at the Turkish embassy in your state without necessity to visit Turkey.

Related insights

Hotel chains: recognizable brands, guaranteed income

Investing in hotel brands is an investment in stability. Well-known chains guarantee quality of service and recognition. Wherever the hotel is located, the standards of service will remain at the top. For regular guests it means bonuses and privileges, and for the investor it means stable income. Hotel rooms with guaranteed rent in Izmir This…

Read more 24.06.2025

Gambling license on the Isle of Man

Fewer than 60 active entities presently run through valid Isle of Man gambling license credential. The scarcity stems due to territory’s tight supervisory approach. Still, using evolving measures rolled out by Isle of Man Isle of Man Gambling Control Board, cross-border expansion now appears more achievable for international gaming operators. “Reliability has long anchored this…

Read more 24.06.2025

Investment opportunities in Dubai 2025

The scene presents you in Dubai with the massive Burj Khalifa standing tall in front of you while its lights shine bright against the dark nighttime background. I traveled there before and the city delivered a strong positive impact on me. Through the 2033 Economic Agenda D33 aims to expand Dubai’s economy to twice its…

Read more 19.06.2025

Kahnawake Gambling license

Not so big share of gamble firms keeps Kahnawake gambling license, partly because the jurisdiction hasn’t always drawn the spotlight like Curacao or Malta. But recent shifts by local Commission are starting to alter it, with specific professional consultants mentioning clearer terms, lower practical burdens, and growing interest from digital casino platforms. “It’s tailored more…

Read more 17.06.2025

Malta Gambling License

The gamble market is booming, and picking the right permit can make or break your venture. Some operators choose speed and low upfront costs, while others value long-term trust and reach. The Malta permit stands out for its solid reputation and comprehensive market access. Submission rate barely 30 for Malta gaming license 2025, despite Malta…

Read more 17.06.2025

Licensing in El Salvador: Building a Bridge Between Traditional and Crypto Finance

El Salvador has resorted to making some steps in the digital finance world so as crypto businesses were easier to operate. It is of high importance to know local rules in case you are going to start a platform for sending, storing, or managing digital assets. It will help to not face hazards, protect reputation,…

Read more 17.06.2025

Strategic considerations and licensing criteria for CASPs

There might be a need of yours to have MiCA researched if you earn money by providing diverse crypto stuff. You need to do that to realize how your business can adapt to the new law before on 30 December 2024 applications open for EU members. Despite the availability of up-to-date information about the MiCA…

Read more 17.06.2025

PSP Licensing in Argentina: A New Era for Fintech Regulation

Today, there are new governmental and economic bodies, hence new social challenges in Argentina. Digital fiscal services in areas like payments, money transferring, and online currencies have been growing at a very fast rate. Inflation has finally come to an end, and consumers are more interested in looking beyond the saving concept. Interest in these…

Read more 11.06.2025

LATAM Fintech in 2025: What’s Changing, and What Do You Need to Know?

Fintech in Latin America has long been associated with rapid, chaotic growth and weak regulation, as if it were an unexplored frontier. Yet, as we move into 2025, in countries as wide-ranging as Mexico, Brazil, Chile, and Peru, regulation is becoming stricter in the wake of a booming digital payments environment and increasing cyber fraud….

Read more 06.06.2025

Curaçao gambling license

The curacao gambling license remains a top choice for many operators. It offers a clear path to start an online gaming business. This guide covers all you need to know. Overview of Curaçao Gaming Authority The curacao gaming authority presides over all wagering upon the isle. It promulgates statutes for security and equitableness. Issues a…

Read more 06.06.2025

Anjouan iGaming Licence

Although it wasn’t very known among many states, Anjouan gaming license has gotten a lot of attention in recent times. It is an official permission for organizations which provide them with the opportunity to perform activity in the relevant sphere. Such an authorization is given by the local governmental body. This article is going to…

Read more 02.06.2025

Top 10 countries to get a forex brokerage license in 2025

Setting up a forex brokerage is an interesting yet complicated ride. Forex brokerage license is one of the milestones in this trip. A license ensures legal compliance and holds the trust with clients and partners. The forex market currently is booming by bringing in more than $7 trillion per day in trading volume in 2025….

Read more 05.05.2025