How to Get Property Owners Residence Permit in 2023?

Last Modified: 2023-08-18

When it comes to real estate investment, many people see Turkey as the number one destination. Turkey offers a wide variety of properties from apartments to villas and at very affordable prices. By purchasing property in Turkey, you can both invest and obtain a residence permit in Turkey.

One of the easiest ways to obtain a residence permit for foreigners who want to live in Turkey for a long time is to buy immovable. However, there are special conditions for the purchased real estate and application. This article has been prepared by the Global Mobility Turkey team for those who want to obtain a Short-Term Residence Permit for Immovable Purposes. We wish you pleasant reading.

Table of Contents

  1. Immovable Residence Permit?
  2. Important Points of Immovable Residence Permit

  1. What is Real Estate Residence Permit?
  2. Foreigners and their family members who buy a house in Turkey can obtain a short-term residence permit for up to 2 years within the scope of subparagraph b of the first paragraph of Article 31 of the Law No. 6458 on Foreigners and International Protection.

    As of April 2022, the Directorate of Immigration Authority regulated residence permits for immovable property and required a valuation report in order to obtain a residence permit for immovable property. In this report, a minimum requirement of $75,000 in metropolitan cities and $50,000 in non-metropolitan cities was required.

  3. What to Consider When Applying for a First Residence Permit for Immovable Purposes?
    • The immovable property subject to the application must be a residence.
    • Properties purchased after April 2022 must be valued between $75,000 and $50,000.
    • Property Valuation Report must be submitted.
    • The names of family members must be included in the title deed within the scope of shared or joint ownership.
    • The numbering of the immovable property, if any, must be added to the file.
    • It is required for foreigner to live at the address of the purchased home. Propety cannot be rented.
    • The valuation report must be received from authorized companies, or it must be included in the file along with the valuation report used in the title deed registration.

    It is stated that if foreigner buy property in metropolitan cities for Real Estate Residence Permit, the value of the property must be at least 75.000 $. If you wonder which cities are metropolitan, you can see the table below.

    Metropolitian Cities in Turkey
    Adana Kayseri
    Ankara Kocaeli
    Antalya Konya
    Balıkesir Manisa
    Bursa Kahramanmaraş
    Denizli Mardin
    Diyarbakır Muğla
    Erzurum Ordu
    Eskişehir Sakarya
    Gaziantep Samsun
    Hatay Tekirdağ
    Mersin Şanlıurfa
    İstanbul Van

    Short-Term Immovable Property Residence Permit is not suitable for some foreigners. If you think that you are one of them, then you can read our Guide to Get a Residence Permit in Turkey 2023 article. If you are thinking about which type of residence should I apply for, you can fill out our 3 Minutes Free Residence Test, by clicking here.

    Global Mobility Turkey provides consultancy services for you finding appropriate property and immovable real estate residence permit. If you want to get a Residence Permit for Tourism Purposes, you can contact us by filling out the Contact Form below.

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