BUYING PROPERTY IN TURKEY FOR RESIDENCY AND CITIZENSHIP 2020

Update July, 2020 – Resource, Turkey iResidence
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ON ROUTINE THERE IS NO CONDITION TO BUY PROPERTY IN TURKEY FOR RESIDENCY
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1. RESIDENCE PERMIT ID CARD BY RENTAL CONTRACT
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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.
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After entered Turkey foreigners may search apartment for rent in Turkey to make local address and establishment and proceed as follows,.
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  • Tourism visa may convert to Touristic residence permit ID Card for 1 – 2 year stay
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  • Tourism visa may convert to Real Estate residence permit ID Card for 1 – 5 year stay
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  • Student visa may convert to Student Residence Permit ID Card upto 1 year stay
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  • Business visa may convert to Business Residence Permit ID Card upto 3 months stay
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  • Medical visa may convert to Medical Residence Permit ID Card upto 3 months stay
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DO YOU GET RESIDENCE PERMIT FOR BUYING PROPERTY IN TURKEY?

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2. RESIDENCE PERMIT ID CARD OR CITIZENSHIP BY REAL ESTATE PURCHASE: To buy property in Turkey is started by the non-Turkish buyers passport translation into Turkish at the Public Notary + obtain the National Tax ID Number free from the government State Tax Department, and sign-off at the government Tapu and Land Cadastro office on same day.
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The Turkish government announced recent that 300.000 foreigner citizens have purchased 50 billion USD value land and property investment in Turkey since 2005 (when compared to 2 million holiday homes sold in Spain) suggests that Turkey the eastern EU candidate country and OECD member country is a major player in the International property league with market prices and outlook figures inevitable to double over the next few years by 2025, as interest and attention continues.

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To find out more you may explore below for instant advice on,

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A. TURKEY PROPERTY UNDER 250.000 USD: For the
short-term Real Estate Residence Permit ID Card is obtained after entered by Tourist visa and requires to buy property in Turkey any value and next obtain short-term Real Estate Residence Permit ID Card for real estate ownership purpose in Turkey will guarantee residence permit renewal for next period and does not require continued stay in Turkey.
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  • Tourism visa may convert to Real Estate residence permit ID Card not to sell the property in 5 year period in Turkey [2020 – 2025] + and transfer option to Turkish citizenship.
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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 250 district offices in Turkey after 5 year period is completed.

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Note for foreigner dual nationals who ‘do not require the Turkish citizenship’ may transfer after 8 years continued stay in Turkey by short term Residence permit, to the infinitive Long-term residence permit with lifetime work permit. This Turkish permit is know also as the ‘Permanent Residency permit in Turkey’.

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B. TURKEY PROPERTY ABOVE 250.000 USD: The Turkey investment visa (also know as Golden visa) is the Tourism visa or Business visa in basic, that in addition allows also to make any investment during a visit.
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The Turkish citizenship e-kimlik and Passport condition after entered Turkey by Tourist visa will require to buy Turkey property $250.000 value
[reduced amount from USD $1 million continues] and to bond a condition at the government Land Registry & Cadastro office not to sell the property for 3 years and will guarantee Turkish citizenship instant with no language test or barrier.
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  • Turkish Citizenship Law 5901 allows dual citizenship to American, British and European nationals as well as over 180 foreign nationals worldwide with ease.
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  • Tourism visa may convert to Real Estate residence permit ID Card and Turkey Citizenship and Passport and benefit more Visa-free travel to 115 countries worldwide to include Russia, Japan, Singapore, Thailand, Malaysia, and Brazil.
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  • Turkish citizenship and passport application is lodged immediate to Ministry of Interior Directorate General of Migration Management (Göç İdaresi) at 250 district offices in Turkey, and approved in short 3 months.
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In the result, after Turkish citizenship and Passport application is lodged to the Göç İdaresi government migration office, on final with the non-Turkish national person name published in the Turkish Official Gazette will conclude that the Turkish citizenship process has been granted and complete.

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NOW IS A GOOD TIME TO BUY PROPERTY IN TURKEY AND SAFE TO MAKE ANY INVESTMENT AS TURKISH CITIZENSHIP AMOUNTS REDUCED 75% CONTINUES TO HELP EASE THE WAY FORWARD FOR INSTANT TURKEY CITIZENSHIP AND PASSPORT, WHILE 2018 LEGISLATIVE AMENDMENT IS STILL IN EFFECT.
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2019 THE BEST PLACE FOREIGNERS ARE BUYING PROPERTY IN TURKEY
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The Statistical Institute and Turkish government agency TUIK has released first-quarter 2019 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 Turkey and for awsome holidays.
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The total cheap house sales in Istanbul for Arabs in the Marmara region (a major earthquake zone) with 19 thousand 140 house sales by 18.2% has highest share in Turkey. In addition figures show 10 thousand 619 housing sales with 10.1% share of holiday homes in Antalya in the Mediterranean is most preferred by elite and European citizens along the world famous Turkish riviera, and 6.366 housing sales with 6.1% share by African nationals for real estate in Ankara the capitol city follows.

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The cheapest places to buy property for sale in Turkey and land investment at 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 houses 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 OF FOREIGNERS HOUSING SALES IN TURKEY HISTORY

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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 most increase in housing sale to foreigners experienced was Istanbul in the major earthquake zone Marmara region. Istanbul, with 158.2% increase followed by Antalya in the Turkish riviera region south and sunny with 55.2% increase, and Ankara the colder capitol center.

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The first 10 cities where the most residential sales to foreigner were examined, according to the month of March last year was Trabzon the Black sea region, by 63.4% of the sale of House units to foreigners in the decline.

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THE TOP 10 TURKISH CITIES FOR FOREIGNER CITIZENS HOUSING SALES
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From 50 million tourists arriving to Turkey each year, half only come to see Antalya city the 6th most visited city in the world after Paris, London, Madrid, New York.
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While in general over 1.5 million housing units sold in 2019, when examined the demand of foreigners was 45.483 units sold by the best beaches and most popular cities;
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