Turkey is a destination for many foreign investors due to its significant tourist and economic infrastructure
In this regard, the law of Turkey has different solutions for obtaining short-term, long-term or permanent residence in this country to its applicants, which are fully described in the section on types of residence.
The importance of Having Turkish residence permit at a glance:
-Admission to prestigious universities
-Obtaining visas from European countries, the United States and Canada will be facilitated by having a residence permit in Turkey
-Use of medical services
-No restrictions on entering and leaving Turkey and no visa required
-Possibility of opening a bank account in Turkey
-Possibility of obtaining a Turkish certificate, which is valid in most European countries and the United States
Staying in Turkey can be obtained through tourist and investment methods, which are very different
Tourist or medical residence permit is a type of temporary permit and may not be extended, This is if obtaining other residences through investment can be extended until the ownership of the owner according to the law approved by the Turkish Parliament and the official newspaper.
Regarding Turkish citizenship, which is a type of permanent residence, it can be passed on for life and passed on to future generations.
Based on the recent updates from the Turkish Immigration Office, effective as of October 16, 2023, the minimum investment required to obtain a Turkish residence permit through property purchase has been raised to 200,000 US Dollars. To meet this requirement, individuals must ensure that the property valuation report (ekspertiz) and the property title deed (tapu) collectively reflect a value of at least 200,000 US Dollars.
In this regard, and due to the large number of requests to buy property, the Turkish Immigration Office in all cities, especially Istanbul, banned neighberhoods with a foreign reception density of more than 20% for new residence.
On the other hand, according to the Family Protection Law, the Immigration Office announced the requirement that the document be named after all family members in order to obtain a residence permit. The document transfer family is done
The value of each family member is not important and can be any amount