Frequently Asked Questions

Real estate residence permit refers to permission of living one year in Turkey by having the full chance to renew the permission for the  purchasing one or more properties worth not less than 200,000 USD and apply for yearly residency permit in Turkey.
The yearly period is renewable. That is, at the end of every year you can extend your residency permit for the next year.
When purchasing a property for obtaining Turkish residency permit, you or your realtor should make sure the property is not located in restricted area(s).  

If you get residency permit of Turkey by buying a property, you can easily visit Turkey anytime you want without a visa. 

Turkish residency permit by buying a property is similar to obtaining residency permit by renting a property, or in other words, it is similar to tourist residency permit (which is not accepted by Turkish government since 2021), but it is stronger in terms of renewability. 

The home owner and his/her family members (under age of 18) can get residency permit, easily open bank accounts and enjoy freedom of banking.

By having Turkish residency permit, by buying properties worth not less than 200,000 USD, you can get medical insurance in Turkey’s hospitals. 

You, your spouse and children can register in Turkish schools and universities. 

To get residency permit of Turkey by owning a property worth not less than 200,000 USD:
1. Title Deed of the property.
2. Earthquake insurance of the house. 
3. Passport valid for 6 months. 
4. Family statement of the children translated to Turkish and authorized by Turkish embassy in the home country. 
5. Health insurance for family members. 

Turkish residency permit by purchasing propert(ies) worth not less than 200,000 USD is one or two years with the possibility of renewability at the end of each year. 

Cities do not differ in granting residency permit. What should be considered is that you should not buy in restricted areas for foreigners’ residency. Also, the property you buy should not be close to Turkish borders with other countries and not in military and security areas. 

I order to obtain Turkish residency permit of Turkey, the property or properties you buy should not worth less than 200,000 USD. According to latest Turkish residency rules, the property value for obtaining residency permit increased from 75,000 USD to 200,000 USD. 

For obtaining Turkish residency permit by buying a property there is not much costs. For example, getting health insurance is a must and it is renewed yearly. The cost of health insurance is not high. 

Property evaluation in Turkey is done by office of registration of documents and lands and its expertise. 

Easiest way to get Turkish citizenship is by property investment. By buying a property worth not less than 400,000 USD, you can get your citizenship in less than 3 months. 

Birth: In Turkish citizenship rules by birth, one of the parents of the child should be Turkish. 

Working in Turkey for at least 5 years with work permit. 

For obtaining Turkish citizenship by investment you do not need to stay in Turkey. After you buy your property and get the citizenship, you can visit Turkey anytime you want. 

For getting Turkish citizenship, you don’t have to knwo Turkish language. However, speakign and understanding Turkish would be benefitial for you in respect of everyday life and social affairs. 

Aside from yourself, your spouse, and all children under age of 18 would get citizenship of Turkey. 

Turkey has signed a double taxation with most developed countries. Double taxation means if, as a foreigner, you have paid tax in your country, you do not have to pay the same tax in Turkey. 

If you have Turkish passport, you can travel to 114 countries without visa requirements. Also you can get visa easily to visit US, UK, EU, Canada, and Australia. 

The process of getting your Turkish citizenship, based on type of the citizenship you apply, usually tales sometime between 3 to 6 months. If you apply for citizenship by investment, it would not take more than 3 months to get your citizenship. 

No. If you hold your investment (not to sell your property) until 3 years, you, your spouse and children will be Turkish citizen for life. 

For getting Turkish citizenship by investment in Turkey, you can take one of the following options: 
1. Purchasing one or more than one property (totally) worth not less than USD 400,000.
2. A bank Deposit of at least USD 500,000. 
3. Establishing a business in Turkey and employing at least 50 Turkish citizens. 
4. Investing in Government Bonds or Treasury Bills with the value of minimum USD 500,000. 

In Turkey there is no other tax implications than sale and purchase tax which is 4%. For more details feel free to contact our experts. 

Purchasing real estate properties is the safest and easiest way to obtain Turkish citizenship. 

Turkish government rules on foreigners’ citizenship by investment says, the property you purchase for getting citizenship can not be sold until 3 years from the time you bought the house. Otherwise, your citizenship will be revoked. 

Yes. There is no limitations and restrictions on dual citizenship holders investing in Turkey and getting Turkish citizenship. 

For obtaining Turkish citizenship by investment, one should prepare the following documents:
1. Personal identification: identification documents and a valid passport. 
2. Investment documentations: Based on the type of the investment: 1. Real estate title deed   2. Bank deposit certificates. 3. Business incorporation paperwork. 
3. Family details: If your souse and children are also included in your application, related documents will be needed. 

If you employ 50 Turkish citizens in your business or company, you can apply for Turkish citizenship. 

While some foreigners opt for hiring a lawyer for the process and documentation of Turkish citizenship, having a lawyer is not necessary. And if you apply through property investment, a good real estate company (your real estate company and agents) can help you in the processes of your paperwork. 

The property you buy for Turkish citizenship application should not worth less than USD 400,000 USD. You can buy either one or more than one property but the total value of the properties you buy should worth minimum USD 400,000. 

Based on your property goal, across Turkey and Istanbul there are houses with many different range of prices. Also, choice of the city and area impacts on the property and its price. For instance, house in Istanbul are more expensive compared to houses in other cities, however, there are cheap houses in Istanbul, too. If your aim is just investment, using the house part of the year for vacation, or renting it out for earning income, and your goal is not obtaining Turkish citizenship, there are many affordable houses in Turkey and Istanbul. 
For example, you can buy a an apartment by M 1 TL in Istanbul and you can buy the same apartment by 800,000 TL in other cities. 
Generally, the area, size of the apartment or house and floor location of the apartment differ in prices. In normal apartments (out of sites and residences), units located on ground floor, without elevator and parking in areas like Esenyurt and Aksaray are about TL 1,200,000 . In Istanbul, Esenyurt is known as the cheapest neighborhood. 
If you would like to buy a house for getting Turkish citizenship, the house you purchase should not value under USD 400,000 which makes about TL 14,500,000. 

Turkey is one of the countries where you can buy a property under some certain circumstances and get your permanent citizenship. Unlike Dubai where you can get 2 or maximum 10 years residency permit by property investment, in Turkey there is no time limitations and your residency does not revoke anytime. 

Turkish citizenship comprises having Turkish passport but Turkish residency permit does not allow you having Turkish passport. 
Unlike having Turkish residency permit, having Turkish passport and citizenship allow you to work, establish a business, and travel to 114 countries without visa, visit US, EU, Australia with easy visa. 
Residency permit of Turkish does not allow you to do activities that you can do with Turkish citizenship.

For buying a property in Turkey, first of all you should start with a reliable real estate company. After searching and finding your favorite property, you should take the following steps:
1. Open a bank account in banks like Ziraat bank. 
2. Transfer your money to Turkey by a reliable exchange office and then to your bank account. 
3. Sign SAP contract with property owner or project owner, 
4. Transfer part of the contract fee as pre-payment to the property owner. 
5. Pay the rest of the contract fee on the day of title deed transfer under your (buyer) name. 

Title deed or TAPU tax fee in Turkey is 4% of the property value which is divided equally between the two sides of the deal (buyer and seller). That is, buyer and seller should pay 2% of the contract fee as tax fee to the government. 
Value Added Fee (VAT) in Turkey is from 1 to 18% of the property value.  Sometimes some buyers are exempted from paying VAT under some circumstances. for more information on Turkey property tax please contact our experts. 

Yearly tax or Emlak Vergisi is from 0,1 to 0.6% property value. 
Environmental tax in Turkey (municipality services) is a small amount of fee which is added to water bill of residential properties and paid to to the municipality, 
Rental income tax In Turkey if you rent out your property, you should pay an amount of 15 to 40% of the income as rental income tax to the government of Turkey. If your property is located in residents and sites, maintenance and repairment fees (if exist) are cut from the amount of tax to be paid as rental income tax.