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Changes to the Turkish residency law with the purchase of 200,000 dollars

Real residence in Türkiye with the purchase of 200 thousand dollars

Turkey is one of the attractive destinations for investment and life. With the changes in the real residence rules, it is now possible to get a real estate residence by purchasing a property worth 200 thousand dollars.

Turkish residence, which used to cost $75,000 in big cities and $50,000 in small cities, was changed to $200,000 in all cities. According to this law, the amount of real estate expertise (expertise sheet) is no longer a criterion for Goç (Turkish Immigration Department) and the number that is included on the real estate document is important. That is, on the day you want to name your property deed, the lira amount written on the property deed must be equivalent to 200 thousand dollars with the rate of the Central Bank of that day.

This law applies to people who have named the property deed since October 16, 2023. So, if you have named a document before this date, you can apply for Turkish residency according to the previous law. This law is not included in the official gazette of Turkey and is a directive that is strictly implemented by the Turkish Immigration Department from the date of announcement.

Turkish citizenship will still be granted for $400,000, but our warning for Turkish passport applicants is to do so as soon as possible. Because there is a possibility of increasing the number of citizens. To buy a house and obtain Turkish residence or obtain a passport, be sure to contact Tamturkey’s experienced consultants and take advantage of the free face-to-face consultation.

Tamturkey international company with experienced Turkish lawyers and real estate consultants will accompany you in all stages of buying and selling houses in Turkey and immigration.

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We are with you in all stages of buying and obtaining Turkish citizenship or residence

Be sure to contact experienced consultants to choose the desired house and property

Expert and correct advice has a great impact on the selection and even the stages of obtaining citizenship and residential residence and cannot be ignored

Expert advice via WhatsApp https://wa.me/905522888939

Turkish residence

Changing the Turkish residency law from $75,000 to $200,000 in all cities

Turkish residence, which used to cost $75,000 in metropolitan cities, was changed to $200,000 in all cities. According to this law, the amount of real estate expertise (expertise sheet) is no longer a criterion for Goç (Turkish Immigration Department) and the number that is included on the real estate document is important. That is, on the day you want to name your property deed, the lira amount written on the property deed must be equivalent to 200 thousand dollars with the rate of the Central Bank of that day.

Turkish citizenship will still be granted for $400,000, but our warning for Turkish passport applicants is to do so as soon as possible. Because there is a possibility of increasing the number of citizens. To buy a house and obtain a Turkish residence or passport, be sure to contact the experienced team of TAMTURKEY and take advantage of the free consultation.

Tamturkey-real-estate-agency-8-tamturkey

Be sure to contact experienced consultants to choose the house and property you want

Expert and correct advice has a great impact on the selection and even the steps of obtaining citizenship and residential residence and cannot be ignored

Be sure to contact experienced consultants to choose the desired house and property

Expert advice via WhatsApp https://wa.me/905522888939

Procedures for obtaining a civil residence in Türkiye

Important points of obtaining a civil residence in Türkiye

With the change of Turkish residence law, many questions and concerns have been created for people applying for residential residence, and people are worried about the change in other details of Turkish residence laws. In this part of the article, we will explain to you all the important points that a real estate owner should keep in mind when buying a property to obtain Turkish residence:

1) Your house is not in the prohibited area

For this, you must see the name of the neighborhood and the area of the property you intend to buy on the document and match it with the list of prohibited areas of Gooch administration. Because some areas have been declared completely prohibited, but in some others there are still neighborhoods where you can buy property. See the list of prohibited areas here.

2) The minimum price of the property on the document must be 200 thousand dollars

According to the new law, if you want to buy a property after October 16, 2023, you must comply with this law. The price of the property on the deed in Turkey is written in lira, and on the day you name the deed, the price on the deed must be equal to 200,000 dollars with the rate of the central bank.

3) The house must be habitable

Make sure that your property must be residential and habitable. Properties that are under construction and pre-sale are not included in this rule.

4) Only one adult or one family can stay with each property

If you are a family, only parents and children under the age of 23 can apply for residency. If you have a child over the age of 23, you need to obtain his residence in another way or buy a second property to obtain his residence.

Of course, it is said that in the new law, it is possible for children aged 18 to 25 who are single and studying and whose names are included in the document, to receive Turkish residency. But it has not yet been officially confirmed by the Turkish Immigration Department.

5) The property document must be in the name of one person

Residence is not granted with partnership deeds, even if your share of the property is $200,000. It is the same with families. The document must be in the name of one of the parents, in which case the parent whose name the document is in will be granted Tashinmaz residence and the rest of the family members will be granted tourist residence.

Note that this new residence law applies to those who named their property documents after 16/10/2023, and for those whose property documents were named before the 16th, the same law of $75,000 apply.

Also, this law applies to all cities in Türkiye. This means that you will be subject to this law if you buy a property and take residence in any city.

Be sure to contact experienced consultants to choose the desired house and property

Expert and correct advice has a great impact on the selection and even the steps of obtaining citizenship and residential residence and cannot be ignored

Expert advice via WhatsApp https://wa.me/905522888939

obtaining residence buy property in Turkey

WhatsApp consultation: 00905522888939

The conditions for obtaining a civil residence in Türkiye | Conditions Taşınmaz mal ikamet izni

The applicant for Turkish residence must be at least 18 years old. If the applicant has not reached the legal age, he can only apply for Turkish residence through his legal parents The property is not ikamet izni to take action.
Having a bank account in Turkey to transfer money from the buyer’s account to the seller’s account, at this stage the Tamturkey team will open a bank account for you in one of the banks.
Obtaining the foreign currency conversion form to lira in the bank, to which DAB or Döviz alım belgesi worth 200,000 dollars is required for applicants through the bank.
The applicant must reside in Turkey from the beginning to the end of receiving Kimlik. It is necessary that the applicants must be present in Turkey from the time of registration of the rendezvous until the day of receiving the civil residence, and if they leave before receiving the Kimlik, their documents and application may be rejected.
Translation of identity documents such as passports and if it is for family members, definitely translation of marriage certificate and birth certificate of family members is mandatory.

Documents required to buy property in Turkey

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Receive 2022 short-term residence permit

Documents required to obtain Turkish residence

Original passports and birth certificates and marriage certificate
Translation of marriage certificate with embassy confirmation
4 photos per person
Deposit receipt to the account of the DAB developer company (it means the same investment amount)
Property deed in the amount of 200 thousand dollars
Compulsory insurance registration for individuals Under 18 is not required
Register the application on the website of the Immigration Department and receive the rendezvous form
Birth certificate, official translation, certified by the embassy of the applicant country (these cases will be done by the embassy of the applicant country in Turkey)
Paying taxes and land rights at the tax office and presenting the original receipt

The duration of obtaining a civil residence in Türkiye | Taşınmaz mal ikamet izni

The duration of residence is between 1 month and 3 months. The steps are as follows:

Registering the application on the website of the Gooch office and obtaining an appointment
2 to 3 weeks later, during the appointment, he will go to the branch of Gooch Department
One month to three copies of the residence card will be sent to the address
In order to obtain civil residence, presence and residence of persons in Türkiye is mandatory

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Implementation steps

These decisions go through the enforcement process after selecting real estate valued at $200,000 or more.

Be sure to contact experienced consultants to choose the desired house and property

Expert and correct advice has a great impact on the selection and even the steps of obtaining citizenship and residential residence and cannot be ignored

Expert advice via WhatsApp https://wa.me/905522888939

Translation of documents

In the situation where the owner wants to apply for a residence permit for his wife or children, he must translate the identity documents of the passport Marriage contract Apply for the birth certificate of family members through the consulate of your country in Turkey.

Obligation not to sell the property while living in Türkiye

After buying a property for 200,000 dollars and going through the legal process and obtaining a short-term residence permit in Turkey, if the owner sells the property, its residence permits will be invalidated if the new owner obtains a residence permit or registers an address in Nafus.

Providing complete bank transfer documents

If real estate is purchased from a construction company or owner, the full value of the purchase must be recorded in the title deed and the amount transferred to the seller through the bank so that DAB bank receipts are included in the title deed.

Real estate appraisal

The property must be evaluated by the official experts of the Land Registry Office of the Turkish Government, the relevant expert prepares a complete report of the property and all legal permits for the building or project and attaches the relevant file.

Frequently asked questions from customers:

Can we get a residence with a property that has already been purchased under $200,000 and has not been occupied?

Yes – if the date of the document is before October 16, 2023 and the property is not in a prohibited area, there is no obstacle to obtaining real estate residence for the first time.

Can we extend our residence with a property that has already been purchased for under $200,000 and occupied?

Yes – the $200,000 residence permit law does not include property documents issued before October 16, 2023, whether you have already resided or not. It is possible to obtain residence with it. If the residence office asks you for an updated expertise, it means to comply with the amount above 75,000 dollars, not 200,000 dollars.

If I only intend to buy a property to obtain residency and not for citizenship, do I need to transfer $200,000 from my account to a legal lawyer?

No – because it is not necessary to deposit a receipt for the Tapu Department and the Residence Department, and it is only necessary to have a currency conversion sheet (Belgium foreign exchange) in the amount of 200,000 dollars. It is enough to have expertise (property expert certificate) regardless of the amount graded in it.

Is the real value of the property the same important expert report if the amount is more than 200 thousand dollars?

No – just the number on the document is 200 thousand dollars, it is enough to get residency.

In which case, in addition to the price on the document, the value of expertise should be over 200 thousand dollars?

If you want to apply for citizenship later by buying another property and adding it, in that case you must have met the other conditions for obtaining citizenship, such as remittance from your own account with the necessary explanation and purchase from a Turkish citizen.

We will contact you for guidance

Be sure to contact experienced consultants to choose the desired house and property

Expert and correct advice has a great impact on the selection and even the steps of obtaining citizenship and residential residence and cannot be ignored

Expert advice via WhatsApp https://wa.me/905522888939

Conclusion

Changing the residency and citizenship laws of Turkey is something we have been waiting for for a long time. Experience has proven that passport and citizenship laws will have a new update after this and it does not seem to be easier. So if you are planning to invest, don’t miss the opportunities. TAMTURKEY experts in Turkey provide you with the best offers and the latest investment opportunities with up-to-date information. Just call us now.

Summary of the conditions for obtaining a property residence by purchasing a property

Some of the main conditions for obtaining Turkish residence by purchasing a property worth $200,000 are:

Buying a property: You must buy a property in Turkey worth at least 200 thousand dollars.

Financial verification: It is necessary to provide documents that show that you are able to cover your living expenses in Turkey.

Identity documents: providing identity documents and passport with at least 6 months validity.

Procedures for applying for residential residence

Buying a property: First, you need to buy a property worth 200,000 dollars or more.

Presence in Turkey: After purchasing a property, you must be present in Turkey to verify your identity and complete the procedures for applying for a residence permit.

Registration in the relevant system: When you are in Turkey, you must register in the relevant system and submit the required documents.

Payment of fees: Pay the fees associated with the real estate application.

Obtaining residential residence: after completing the procedures, your residential residence will be issued.

Important final points

Duration of residence: Usually, a real estate residence is issued for 1 year and you can extend it.

Benefits of a private residence: This residence provides you with facilities such as the right to work, medical services, and banking and business affairs in Turkey