BUYING PROPERTY IN TURKEY FOR RESIDENCY AND CITIZENSHIP 2020

Revised January, 2020 – Resource, Turkey iResidence
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DO YOU GET RESIDENCE FOR BUYING PROPERTY IN TURKEY?
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1. TURKEY RESIDENCE PERMIT BY RENT CONTRACT: The short-term Residence Permit ID Card is supplied in Turkey after entered by Visa that will help determine your purpose of stay [in any case over the 1- 90 days period] and the type of Residence Permit you are eligible to receive. Next for local address and establishment you may start search for an affordable monthly furnished apartment for rent in Turkey.
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NEXT TURKEY RESIDENCE PERMIT ID CARD PROCESS
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  • Tourism visa may convert to Touristic residence permit ID Card for 1 – 2 year stay
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  • Student visa may convert to Student Residence Permit ID Card upto 1 year
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  • Business visa may convert to Business Residence Permit ID Card upto 3 months – 1 year
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  • Medical visa may convert to Medical Residence Permit ID Card upto 3 – 6 months
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On routine there is no condition to buy property in Turkey for first time Residence permit application as the average expat Tourist entered Turkey by visitors Visa, may apply Residence permit by apartment or home rental contract (notarized) for Turkish address declaration.
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FOR TOURISTIC RENEWAL AFTER JAN 2020 IN NEW PERIOD TOURISTIC RESIDENCE PERMIT ISSUED FIRST TIME BY APARTMENT / HOUSE RENTAL CONTRACT WILL BE ISSUED SINGLE PERIOD ONLY + AND WILL REQUIRE ACTIVE FOREIGNER WORK PERMIT ID CARD FOR RENEW APPLICATION NEXT PERIOD, OR FOREIGNER BY RENTAL CONTRACT MAY APPLY FOR SAME TOURISTIC RESIDENCE PERMIT CONSECUTIVE, AFTER  1 (ONE) YEAR BREAK PERIOD.
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There are only 2 permissions a foreigner requires in Turkey, permission to live, and permission to work.
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CAN FOREIGNERS BUY PROPERTY IN TURKEY?
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2. TURKEY RESIDENCE PERMIT BY REAL ESTATE PURCHASE: To buy 2020 real estate in Turkey is started by the non-Turkish buyers passport translation into Turkish language by Public Notary + National Tax ID Number obtained from the government State Tax Department [next for the buyers cash or certified cheque payment / against the sellers Tapu name title transfer] by appointment and sign-off at the government Tapu and Land Cadastro office on the same day, fast and easy.
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The Turkish government announced recent that 300.000 foreigners have purchased nearly 40 billion USD value property in Turkey since 2005 (compared to 2 million holiday homes sold in Spain) and suggests that Turkey an EU candidate country is a major player in the International property league, with the outlook market figures and prices inevitable to double over the next few years by 2025, as more foreigner interest and attention continues.
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A. TURKEY PROPERTY UNDER 250.000 USD
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short-term Real Estate Residence Permit is obtained after entered by Tourist visa and requires to buy any value property in Turkey and next obtain short-term Real Estate Residence Permit ID Card issued upto 1 – 5 year period, with purpose of real estate ownership in Turkey will guarantee Residence permit extension for next period, and does not require continued stay in Turkey.
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NEXT TURKEY RESIDENCE PERMIT ID CARD PROCESS + CITIZENSHIP

  • Tourism visa may convert to Real Estate residence permit ID Card upto 1 – 5 year period in Turkey [2020, 2021, 2022, 2023, 2024] + and transfer option to Citizenship after 5 years [2025].
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  • Transfer application from Real Estate Residence Permit ID Card to Turkish citizenship is lodged to Ministry of Interior Directorate General of Migration Management (Göç İdaresi) at 850 district /offices in Turkey after 5 year period completed.
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  • Foreigner nationals who do not require Turkish citizenship may transfer after 8 years continued Short-term to the infinitive Long-term residence and work permit ID Card and never renewed for choice. This Turkish permit is know also as ‘Permanent Residency in Turkey’.

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FOREIGNERS TO RENEW 2019 TOURISTIC RESIDENCE PERMIT BY RENTAL CONTRACT IN TURKEY MAY CONTINUE TO SHORT-TERM REAL ESTATE RESIDENCE PERMIT ID CARD IN 2020 WITH ANY VALUE PROPERTY PURCHASE, OR SELECT DIFFERENT TYPE RESIDENCE PERMIT ID CARD FOR EXTENSION APPLICATION TO CONTINUE CONSECUTIVE STAY PERIOD IN TURKEY.
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Learn more about Turkish residence permit new rules for 2020 extensions here.
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B. TURKEY PROPERTY OVER 250.000 USD: The Turkey investment visa (also know as Golden visa) is the Tourism visa or Business visa in basic. The Turkish citizenship and Passport is obtained after entered Turkey by Tourist visa, and requires to buy minimum value 250.000 USD property in Turkey [reduced from USD $1 million] and bond a condition at the government Land Registry & Cadastro office not to sell the property for 3 years will guarantee Turkish citizenship instant and with no language test.
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NEXT TURKEY CITIZENSHIP ID CARD PROCESS + PASSPORT
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  • Turkish Citizenship Law 5901 allow dual citizenship to American, British and European national as well as 180 foreign nationals worldwide with ease.
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  • Tourism visa may convert to Turkey Citizenship + Passport 2020 + benefit more travel to 115 worldwide countries Visa-free.
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  • Turkish citizenship and passport application is lodged immediate to Ministry of Interior Directorate General of Migration Management (Göç İdaresi) at 850 district /offices in Turkey and approved in short 3 months.

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NOW IS A GOOD INVESTMENT TIME AND VERY SAFE TO BUY PROPERTY IN TURKEY AS THE TURKISH CITIZENSHIP AMOUNTS 75% REDUCED CONTINUES TO HELP EASY WAY FORWARD FOR INSTANT TURKEY CITIZENSHIP + PASSPORT  [WHILE 2018 LEGISLATIVE AMENDMENT IS STILL IN EFFECT 2020].
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Turkish citizenship and passport may require Turkish lawyer service during application and tracking in Turkey, however on final, with the non-Turkish national person name published in Turkey Official Gazette will conclude that Turkish citizenship has been granted and complete.
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TOP 3 HOTSPOTS FOREIGNERS ARE BUYING HOUSES IN TURKEY 2019 – 2020?
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The Statistical Institute and Turkish government agency TUIK has released the first-quarter official data to show, foreigners investment in
housing sales in Turkey and advantage for Turkish citizenship by investment [with 250.000 USD value real estate purchase, reduced from 1 million USD] continues to appeal worldwide nationals in all the 4 seasons and year around market, to live in and for holidays.
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Past by colder January and February winter months, in Mar 2019 a demand pick-up for House sales completed in Turkey were 105 thousand 046 units in general, and 5.3 percent less when compared to the same month of the previous year.
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The total housing sales in Istanbul province in the Marmara region (the major earthquake zone) with 19 thousand 140 housing sales and 18.2 percent was the highest share in Turkey. In addition to sales in Istanbul, figures show 10 thousand 619 housing sales and 10.1 percent share of property in Antalya for holiday homes in the sunny Mediterranean region, 6.366 housing sales and 6.1 percent share of real estate in Ankara the capitol city is followed.
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The far eastern provinces with border to Georgia, Iran, Iraq and Syria, where the number of housing sales was low were Hakkari with 5 residences, Ardahan with 7 residences and Bayburt with 27 residences, respectively.

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TURKISH HOUSING SALES IN MARCH REACH TO 105.046 HOMES SOLD
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Compared to the same month of the previous year, mortgage sales in Turkey fell by 30.6 percent reaching 22 thousand 762. The share of mortgage sales in total housing sales was 21.7 percent. In the mortgage sales Istanbul ranked first with 3 thousand 462 housing sales and 15.2 percent share. In total housing sales, the province with the highest mortgage sales share was Artvin with 50 percent.
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Other housing sales in Turkey, compared to the same month of the previous year increased by 5.3 percent to 82 thousand 284. In other housing sales category, Istanbul ranked first with 15 thousand 678 housing sales and 19.1 percent share. In addition to buying property in Istanbul for citizenship, the total share of other provinces sale was 81.9 percent.
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Ankara took second place with the sale of 7 thousand 620 other houses. After Ankara was, 5 thousand 035 housing sales followed by apartments and homes in Izmir. The other housing sale least was Hakkari with 4 houses in the province.
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NEW PROJECT HOUSING TOTAL TO 44 THOUSAND 163 UNITS SOLD IN TURKEY
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The number of new Turkish apartments and homes in Turkey sold throughout, compared to the same month of the previous year and became 44 thousand 163. In total housing sales, the share of brand new unit sales was 42 percent. In the brand new home category, sales of Istanbul was 8 thousand 453 housing sales and 19.1 percent with the highest share. Followed Istanbul, is 3 thousand 553 housing sales with Antalya, and 2 thousand 884 housing sales followed by Ankara.

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Sales of second-hand homes in Turkey increased by 1.1 percent compared to the same month of the previous year to 60 thousand 883 units. Second-hand housing sales in Istanbul were 10 thousand 687 housing sales and 17.6 percent with the first place. After Istanbul, the share of second-hand sales in total housing sales with 55.8 percent. is Ankara with 7 thousand 066 housing sales, and the 3 thousand 506 housing sales in Antalya follows.
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FOREIGNER HOUSE SALES INCREASE 71% ALONE IN MARCH 2019
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The sale of Housing to foreigners reached 3 thousand 129 units in March and increased by 71.3 percent compared to the same month of the previous year. In the housing sales made to foreigners, Istanbul in Marmara region took first place in March 2019 with the sale of 1 thousand 520 houses.
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After Istanbul province, with 626 housing sales is Antalya in Mediterranean region along the world famous Turkish Riviera, 173 housing sales in the capitol Ankara in Anatolia region, 121 housing sales in Bursa and 110 housing sales followed by Yalova near Aegean region of Turkey.

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In March the Top nationals to purchase real estate in Turkey through estate agency services and companies were, first place of Iraqi citizens who bought 548 homes from Turkey. Iraq is followed, second place Iran with 334 housing, third is Saudi Arabia with 189 housing, fourth Russian Federation with 156 housing, and Afghanistan nationals rank in fifth place with 150 housing purchased and owned, respectively.
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FOREIGNER HOUSE SALES INCREASE TOTAL FIRST QUARTER 2019 
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BEST FIGURES SEEN IN TURKEY HISTORY OF FOREIGNERS HOUSING SALES

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Indicating an increase of 81.5 percent, the sale of Housing to foreigners reached to 9 thousand 717 units in the first three months in 2019. In the January-March period of last year, 5 thousand 298 units of housing were sold to foreigners.
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In March month of this year from Thousand 827 to increased 3 thousand 129, sales of Housing to foreigners increased by 71.3 percent compared to the same month of last year. Thus, the best first quarter and March figures in the history of housing sales to foreigners were seen in Turkey.

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According to government data, Istanbul continues to remain in first place in the provinces, where foreigners prefer to buy commercial property for sale in Turkey. Foreigners who bought 556 residences from Istanbul last year in March became the owner of 520 residences in March of this year. Housing purchases of yachtsmen from Istanbul increased by 173,4 percent in March compared to the same month last year.
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The province where the most increase in housing sales to foreigners was experienced was Istanbul. Istanbul, with a 158,2 percent increase followed by Antalya in Mediterranean with a 55,2 percent increase, and Ankara the capitol.
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The first 10 cities where the most residential sales to foreigners were examined, according to the month of March last year in Trabzon, 63.4 percent of the sale of Housing to foreigners in the decline.

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TOP 10 CITIES FOR TURKISH RESIDENTIAL SALES TO FOREIGNERS in first quarter of 2019 when examined the demand to purchase Turkey property for lifestyle and investment by the most popular cities are;
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  • Istanbul real estate units …………………..3.421
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  • Antalya real estate units …………………..3.110
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  • Ankara real estate units ……………………1.561
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  • Bursa real estate units ………………………490
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  • Yalova real estate units ……………………..410
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  • Sakarya real estate units ……………………319
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  • Mersin real estate units ……………………..210
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  • Samsun real estate units ……………………195
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  • Trabzon real estate units ……………………155
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  •  Izmir real estate units ……………………….134

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UPDATE SEP 2019: Foreigners interested to buy cheap real estate in the Turkish housing and construction market, at the moment and towards the winter ahead, may achieve an extra 20-25% profit by USD, EURO or GBP exchange rate to Turkish Lira, with TL local currency property purchases.
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WHERE CAN FOREIGNERS SEARCH PROPERTY IN TURKEY FOR CITIZENSHIP?
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The #1 marketplace in Turkey TurkishClassified.com offers real estate ads by owner / sahibinden and agents for Turkish citizenship choice of cheap Turkish Apartment, House, Villa, Farm house, Mansion, luxury Bosporus Yali estates, Commercial Land and Building, Tourism and Hotel facilities and other business services in Turkey.
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Find out more about Turkish passport application for 2020 citizenship process in Turkey.
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