Overview of Türkiye
Türkiye, a secular democratic Republic founded in 1923, strategically spans Eurasia and boasts a rich history dating back to 1920. Situated between Asia and Europe, it covers a land area of 783,600 km2 with a population of 85 million people. Türkiye stands as the largest country in the region, excelling in territory, population, and land area compared to any European state. Renowned for its diverse attractions, including natural landscapes, historical sites, and top-notch health facilities, Türkiye is a sought-after destination for leisure, business, and health. With a GDP of around $800 Billion, it ranks 15th globally in GDP-SAP and stands as the world’s 16th largest economy, showcasing its position as one of the youngest economies.
Residency Program of Türkiye
A Residence Permit in Türkiye is an official confirmation and authorization allowing an individual to reside in the country for more than three months within a six-month period. Typically granted to those planning an extended stay for work, study, or settlement purposes, obtaining a residence permit provides the flexibility to live, study, marry, obtain a tax number, open a bank account, convert to a Turkish driver’s license, purchase property, invest in various sectors, and enjoy many privileges enjoyed by Turkish citizens.
Foreigners who fulfill the investment criteria of the citizenship program are eligible to acquire Turkish citizenship and a passport. Alternatively, for those who do not seek Turkish citizenship, a straightforward transition is possible after an 8-year stay through a short-term residence permit in Turkey. This allows them to directly shift to the long-term permanent residence permit, which is perpetual and does not require renewal, accompanied by an indefinite work permit.
Which Family Members Can Be Added in the Same Türkiye Residency Application?
- Spouse
- Dependent children under the age of 18
- Dependent children over the age of 18 only obtain Turkish residency if they have a disability or require care.
Benefits of Türkiye Residency
Türkiye remains an attractive destination for those seeking to live or invest in this unique and diverse country. Whether you’re considering a real estate investment, planning to work or study in Türkiye, or simply looking to enjoy its vibrant culture, the possibilities are endless in this beautiful and welcoming nation.
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Investors and their dependents can live, work, and study in Türkiye
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Right to apply for Turkish citizenship after five years of permanent residency
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Access to numerous business opportunities
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Access services such as healthcare, education, and social services free within Türkiye
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Attractive real estate investments with potential rental returns
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Opportunity for legal family dependents to obtain a residency permit
Types of Residence Permits in Türkiye
Türkiye provides a range of residence permits tailored to the circumstances of applicants. These include short-term residence permits, family residence permits, student residence permits, and long-term residence permits.
– Short-term residence permits enable foreigners to reside in Turkey for a maximum of two years, typically granted for purposes such as tourism, business, property ownership, or scientific research.
– Family residence permits may be issued to the spouses and minor children of foreign individuals with a valid residence permit in Turkey, with a duration of up to three years.
– Student residence permits are available for those enrolled in primary, secondary, or tertiary education in Turkey, aligning with the duration of their academic program.
– Lastly, long-term residence permits are granted to foreigners who have continuously lived in Turkey for at least eight years, offering many rights similar to Turkish citizenship, excluding certain privileges such as voting rights.
Turkish Residency by Investment Program Cost
The most secure and effective way to secure permanent residency in Türkiye involves acquiring a property or apartment. If the property’s value exceeds $200,000 and it is situated outside restricted zones, obtaining a Turkish residence permit becomes a straightforward process.
Opting for permanent residency through property investment in Türkiye not only guarantees safety but also presents a lucrative opportunity. With Turkish real estate prices consistently rising since the beginning of 2021, investing in a property worth at least $200,000 not only facilitates swift permanent residency but also ensures a low-risk and profitable investment. Istanbul stands out as the prime choice for real estate investment and securing permanent residency in Türkiye!
Real Estate Investment
US $200,000
How to Qualify for the Türkiye Residency?
- Applicants must be 18 years of age or older
- Applicant’s passport must be valid for at least 60 days beyond the duration of the requested permit
- Applicants must demonstrate that they have enough funds to support themselves (and any dependents) during their stay in Türkiye
- Applicants must have no criminal record
- Applicants must have health insurance
Citizenship and Passport of Türkiye
Türkiye, the 16th largest global economy, boasts a vibrant environment with 60,000 international businesses and an average population age of 31.5. The Turkish passport ranks 53rd out of 112 in the “Guide Passport Ranking Index,” mainly based on visa-free access. With 111 countries providing visa-free entry to Turkish citizens, investors from various backgrounds can benefit significantly. Turkish citizens enjoy perks such as lifelong free medical care, social services after retirement, and free education for their children.
Citizenship can be obtained after 5 years of permanent residence or through investment. Transitioning from a residence permit to citizenship allows individuals to fully participate in the Turkish society, including the ability to vote and stand for elections.
Reach us to learn all about Türkiye Program, Application Details and Visa-Free Countries
Over recent years, the Turkish government has actively worked to expand the list of countries offering Visa-free access to Turkish passport holders. Presently, individuals holding a Turkish passport enjoy Visa-free access to 111 countries.
FAQ’s About Residency Program of Türkiye
Can I obtain a residence permit by buying a property in Türkiye?
Yes. Foreign property buyers can obtain a residence permit that can be renewed every 2 years as the property ownership continues.
How long does it take to get residency in Türkiye?
The process can take between two and three months.
How can I get permanent residency in Türkiye?
To qualify for permanent residency in Türkiye, it is necessary to have resided in the country continuously for a minimum of eight years.
What are the required documents to apply residence permit?
The necessary documents might differ based on the type of residence permit. However, the commonly needed documents include:
- Residence permit application form
- Proof of health insurance
- Biometric photographs
- Original passport
- Notarized copy of the passport or travel document
- Declaration of adequate and sustainable financial resources
What is the renewal process for Turkish residence permit?
Initiate the renewal process for a Turkish residence permit within 60 days of the current permit’s expiration date. The renewal procedure closely mirrors the initial application process, requiring the submission of an online application, scheduling an appointment, and presenting the necessary documents. Throughout the renewal period, your existing permit remains valid.
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