Immigration to Turkey

• Immigration to Turkey through the citizenship by real estate investment programme
• Residence permit in Turkey when buying real estate in 2024

Content

1. Turkey immigration programmes

2. Advantages of turkish residency through real estate investment

3. Immigration to Turkey for permanent residency: citizenship acquisition

4. Advantages of turkish citizenship through real estate investment

5. Emigration to Turkey through real estate purchase: state incentives

6. Housing in Turkey from the developer

Turkey immigration programmes

1. Short-term residence permit. Issued for up to 1 year.

Reasons for obtaining a temporary residence permit in Turkey include:

• Tourism;
• Conducting scientific research;
• Business activities;
• Medical treatment;
• Participation in on-the-job training programmes;
• Participation in student exchange programmes;
• Learning the Turkish language.

2. Long-term residence permit. The document grants indefinite stay in Turkey without the need for renewal. It is secured upon demonstrating proof of income and possessing health insurance for foreigners who have been officially employed in Turkey for a minimum of 8 years. Interruptions in residency are not permitted. Additionally, over the preceding 5 years, applicants must not have been absent from Turkey for more than a total of 365 days, with no more than 180 days per year.

3. Family residence permit. Applies to foreign spouses of Turkish citizens, as well as their relatives.

4. Student residence permit. Issued for the duration of studies at a Turkish university.

5. Humanitarian residence permit for refugees, valid for 1 year.

6. Residence permit for owners of Turkish real estate worth 0,000. Issued for 1–2 years and can be subsequently renewed.

Advantages of turkish residency through real estate investment

This programme is suitable for those planning to purchase property in Turkey and reside there for a significant portion of time.

The primary advantage of the program is its swift processing. Residency can be obtained within 1–2 months.

Turkish residency does not grant the privilege to travel to Europe without a Schengen visa. This is because Turkey is neither a member of the European Union nor a participant in the Schengen Agreement. If a residency holder wishes to visit a European country, they must separately apply for a visa.

Immigration to Turkey for permanent residency: citizenship acquisition

Applicants can qualify for Turkish citizenship after residing in the country for 5 years under a residence permit. However, there is an expedited option: making a substantial economic contribution and immediately obtaining Turkish citizenship.

The grounds for citizenship acquisition include:

• Purchasing real estate valued at a minimum of 0,000, with the property not eligible for sale within 3 years;
• Purchasing government bonds, depositing funds in a bank, investing in businesses or production activities totalling 0,000;
• Establishing a company in Turkey and creating 50 jobs.

Purchasing real estate remains one of the most popular pathways to obtaining Turkish citizenship.

Advantages of turkish citizenship through real estate investment

• Citizenship is extended not only to the investor but also to their spouse and children under the age of 18. If relocating to Turkey for permanent residency with children, the presence of each citizenship applicant is mandatory.
• The procedure is simple and swift: there is no requirement to pass a Turkish language exam or undergo an interview.
• There is no need to renounce one’s original citizenship.
• After 3 years, the purchased real estate can be sold without losing citizenship.

Emigration to Turkey through real estate purchase: state incentives

Turkey maintains a highly favourable stance towards foreign property buyers and creates conducive conditions for them. This is because the country cannot achieve desired economic growth relying solely on internal resources and requires a significant influx of foreign investment. To facilitate the relocation of foreigners to Turkey, authorities offer them the opportunity to obtain residency and citizenship through property purchase.

Regarding the real estate sector, it is worth mentioning another aspect: Turkey is situated in a seismically active region. Following significant earthquakes in 1999 and 2023, the Turkish government enacted various measures to ensure seismic safety. This included initiatives to renovate older housing stock and construct new earthquake-resistant buildings. Meeting this objective requires the construction of approximately 300,000 buildings annually.

These two reasons—the need for external investment and the development of the construction sector—urge Turkish authorities to offer favourable conditions for real estate acquisition by foreigners.

Housing in Turkey from the developer

Buying a house or apartment abroad is a significant decision that requires careful analysis. To ensure maximum benefit from the purchased property, it is essential to select a quality asset that will retain its value over time. Yekta Homes specialises in building houses in Mahmutlar, Alanya. We offer apartments and duplexes in upmarket developments with well-developed infrastructure.

Off-plan residential developments in Turkey present a promising investment opportunity. Apartments in such complexes are priced significantly lower than those in completed buildings. Upon completion of construction, their value appreciates considerably, allowing for profitable resale. If you are considering purchasing property and relocating to Turkey in 2024, do not hesitate to contact us! We will assist you in selecting the best option and help you become the proud owner of a luxurious apartment in Turkey.