Advantages of Owning a House in Turkey for Foreigners

 According to citizenship for buying a house program in Turkey, foreign nationals are free to buy property anywhere in Turkey except for military zones. The terms of citizenship for foreigners who buy a house in Turkey will be 250 thousand Dollars as of September 2018. In other words, foreigners who buy real estate in Turkey for 250 thousand Dollars and their families can be Turkish citizens immediately. Having a property in Turkey which is a country where real estate and construction sector is quite vivid is a very good investment method.

The gates of citizenship is open to foreigners who buy a house in Turkey

Citizenship for buying a house is for foreigners who buy a real estate in Turkey for at least 250 thousand Dollars. The foreigner himself/herself and his/her family will have the right of Turkish citizenship within six months. In other words, you can both make a profitable investment and become Turkish citizen by buying property in Turkey. See our services; Turkish citizenship consultancy

In addition, you can get 3 years residence permit for yourself and your family by buying property for 650 thousand Turkish Liras and more and you will have the right to apply for Turkish citizenship if you live in Turkey uninterruptedly for 5 years in the property you have bought. Note: Within 5 years, you can stay outside Turkey for only 1 year, the purpose here is that the foreigner lives in Turkey.

It IS EASY TO GET RESIDENCE PERMIT FOR THE FOREIGNERS WHO BUY PROPERTY IN TURKEY.

Foreigners who buy property in Turkey can get residence permit provided that it is extended in certain periods, they also have the right to get residence permit for their families. With this residence permit, children of the foreigners can get education in Turkey. It is easier for foreigners with residence permit to find a job and it is easy for companies to get work permit.

What should foreigners do to buy property in Turkey?

Foreign nationals can buy real estate such as residence, office, land, field etc. in Turkey provided that they respect the restrictions specified in the law. If the foreign national is to buy a land or field, he/she is obliged to inform the Ministry of Environment and Urbanism within 2 years about the type of the building to be built on that land or field.

What are the restrictions in buying property for foreigners?

In accordance with the related law, following restrictions apply to buying property by foreigners:

  • A foreign national can buy maximum 30 hectares of property in Turkey in total.
  • A foreign national cannot buy property in military forbidden zones and security zones. Renting a property in these zones is only possible with special permission.
  • Foreign real persons can buy property up to 10% of the total area of the district where private property is located.
  • Properties which are determined by legal authorities not to be used in accordance with the purpose of purchasing and properties which are not notified to the Ministry of Environment and Urbanism within 2 years although they were purchased for building a construction may be subject to winding up by official authorities.
  • For companies with legal entity which are established in accordance with the laws in their own countries, abovementioned restrictions shall not apply.

What is the procedure to be followed for buying property?

A preliminary application should be made to the Land Registry Directorate. It is required to take a sequence number for preliminary application. For this, you can call 181 or make an application at https://randevu.tkgm.gov.tr/.

Following preliminary application, a date is determined for the transfer transactions between the seller and the buyer.

Following documents to be prepared within the day determined:

  • Title deed of the property
  • Passport of the foreigner who will buy the property and photocopy of the passport (Turkish translation of the passport may be required)
  • “Property Value Statement Document” to be provided from the relevant municipality
  • Compulsory earthquake insurance policy for the buildings such as house, office, etc.
  • 1 photo of the seller, 2 photos of the buyer
  • Certified translator if the buying foreigner cannot speak Turkish
  • If the transfer transaction is carried out with a power of attorney prepared abroad, the original or certified copy of the power of attorney (Turkish translation of the power of attorney is required).

Other Points to Be Taken into Consideration

You must learn if there are any restrictions on the property such as mortgage, lien, etc.

You can get necessary information from the Land Registry Directorate.

Residence permit is not required to buy property in Turkey.

Working with professional consultancy companies specialized in buying property will always be in favour of the buyer. For that reason, we recommend that you should get assistance from consultancy companies specialized in buying property. We offer private consultancy services in this matter, you can call us on 444 7 284.

174 Comments

  • Fauzia

    What is the process for getting property value statement. Can it be obtained before buying the property. How a foreign buyer can verify that the quoted price of the property is according to value estimate by relevant muncipality.

    • Expatguide

      Hello,
      Property valuation report must be issued by related companies with governmental license. This kind of report is an official document and can be obtained before transaction so the buyer can check real value of property before taking decision on purchase.

      Kind Regards,

      Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment Click here

  • syed

    I am Indian citizen and residing Kuwait. I want to open Dollar account in Turkey’s Bank for the purpose of investment. What is the best bank for dollar account. Can I open bank account from Kuwait.
    Regards

    • Expatguide

      Hello,
      You can open a bank account in any bank within Turkey. We would recommend to choose a bank, which has agreement with banks in your home country or if you are planning to make a deposit in your account, to compare interest rates and choose the bank accordingly. Bank account can be only opened without your presence in Turkey if you provide someone within the country with adequate Power of Attoney issued in Turkish consulate abroad.

      Kind Regards,

      Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment Click here

  • Amir

    Hello,
    Im on Touristic visa so can i apply for resident permit by renting any property/apartment of any value and my family live with me on same permit or need to apply for each person separately?

    Do you help to get residence permit in above mention scenario please? and if we keep stay on rental apartment for 5 years shall we eligible for citizenship application?

    Many thanks.

    • Expatguide

      Hello,
      After renting an apartment in Turkey you are eligible for touristic residence permit application before expiration of your visa. Only you are allowed to stay within the country on basis of your permit, other family members must apply for residence permit separately, however all the family members can reside at the same address. Staying in Turkey for five years on basis of touristic residence permit does not make you eligible for Turkish citizenship. Only those, who stay in Turkey for five years on basis of residence permit for property owners or work permit can apply for Turkish citizenship. Our company can assist you and your family to apply for residence permit. For details you can contact us at: info@expatguideturkey.com

      Kind Regards,

  • saim

    if i buy a house in turkey can my family members i.e. parents and brother and sisters will also get citzenship in india

    • Expatguide

      Hello,
      Only property owner, their spouse and children under 18 years old are eligible for Turkish citizenship on basis of property ownership.

      Kind Regards,

      Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment Click here

      • saim

        thanks for you reply i am satisfied
        but is there any other option so that my parents and sister to get citizenship

  • Ahmed Zia Roshan

    Hi Sir, can Afghanistan nationalaty buy property in Turkey?

    Kind regards

  • Jon

    Hi, to what family members does the Turkish citizenship apply? Also does that have to be $250k in cash or can the property be mortgaged?
    Thanks

    • Expatguide

      Hello,
      Investor, their spouse and children under 18 years old can benefit from Turkish Citizenship by Investment program. To be eligible for Turkish citizenship amount of 250.000 USD must be paid in advance, property can not be mortgaged.

      Kind Regards,

  • Kunle

    Can I buy a property on mortgage and apply for residential permit?

    • Expatguide

      Hello,
      In order to be eligible for residence permit there should be no mortgage on the property.

      Kind Regards,

  • Migle

    Hi. I was reading which countries citizens they can buy a property in Turkey, but didn’t find anything about Lithuanian and Algerian citizens. Do they have any requirements for those countries?

    • Expatguide

      Hello,
      Only Syrian nationals are not allowed to purchase a property in Turkey. There is no restrictions regarding Lithuanian and Algierian citizens.

      Kind Regards,

      Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment Click here

  • Gary pilling

    Hi my wife is Turkish. I am a UK citizen and we are planning to move to Turkey soon from the uk. I own a house already in izmir with my brother since 2005 but we don’t have a house together. Would we need to buy a house in Turkey together to obtain a residence permit or is there an easier way .kind regards

    • Expatguide

      Hello,
      As you are married to Turkish citizen and a property owner in Turkey, you can easily obtain residence permit on this basis. You do not need to purchase another property in Turkey neither include your wife as an owner of the property you already own.

      Kind Regards,

  • Rasheed

    Hi

    As mentioned once we buy any minimal amount of property then we are eligible to obtain residence permit for the whole family. Is it included parents ?

    If not included then what are the option to include my mother. I cannot leave alone my mother in my country , so Please advise. Thanks

    • Expatguide

      Hello,
      Property owner, their spouse and children under 18 years old are eligible for residence permit on basis of property ownership. Parents of the property owner can only obtain residence permit if they can prove that they require care due to their health conditions.

      Kind Regards,

      Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment Click here

  • hi, if i brought a apartment in istanbul as i am a turkish citizen however live abroad in uk , will i miss out on uk benefits like first time buyer in uk if i brough in istanbul first

    • Expatguide

      Hello,
      As we provide services for foreigners within Turkey, we do not know the laws and restrictions within United Kingdom.

      Kind Regards,

  • Bilal

    I want to buy a property with maximum low price in any area inside turkey to get the residency but I needs guidance or any website giving information about small cities/towns with average low prices than big cities. Everyone cannot invest huge amount of $250,000.

  • Chaz Siu

    Clarification on the $250K; is it allowable to buy two properties at the same time with a total value of $250K or greater, and be eligible for the citizenship by investment programme?

    • Expatguide

      Hello,
      Amount of 250.000 USD is subjected towards single or multiple properties. Foreigners, who purchase two or more properties in total value of 250.000 USD are eligible for Turkish Citizenship by Investment application under condition that all of the properties are purchased after 19.09.2018.

      Kind Regards,

      Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment Click here

      • Chaz

        I understand there is a geographic restriction of some sort on purchasing multiple properties to equal the $250K USD citizenship eligibility – they have to be close together or same building? Can you please clarify?

        • Expatguide

          There is no restriction in this matter. Properties can be located even in different cities and it does not affect eligibility for Turkish citizenship application.

          Best Regards,

          Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment Click here

  • Amm

    can i ask about if i buy land do i have to build something on it or can i leave it as it is
    and can i buy land on site or is it a problem ?

    • Expatguide

      Hello,
      If you want to apply for residence permit, you can only apply on basis of property’s title deed, land is not suitable for this purpose. Otherwise, if you are not going to apply for residence permit, there is no obligation to build a property on your land.

      Kind Regards,

  • Zubair

    Hi,
    How many members i can add in sale agreement as partners other than my family members.?
    As main applicant, will i be eligible for Citizenship within 4 to 6 months while investing total $250K and plus or i also will consider as partners and have to wait 5 years for Citizenship?

    Please guide

    • Expatguide

      Hello,
      There can be only one property owner to be eligible for Turkish Citizenship application. İnvestor’s family members as spouse and children under 18 years old can acquire Turkish citizenship at the same time as investor (within approximately 4 months upon the investment).

      Kind Regards,

  • Hassan Osman

    Hello! I’m an American citizen. I’m wondering do I have to buy the property in cash for the purpose of the citizenship, or I can have a mortgage?

    • Expatguide

      Hello,
      In order to be eligible for Turkish Citizenship by Investment application property payment must be made in advance. Mortgage does not make you eligible to benefit from the program.

      Kind Regards,

      • Junaid

        Hi, van i make Tapu(owner agreement) including my siblings? How many persons can share a property ownership?
        Thanks

        • Expatguide

          Hello,
          There is no certain limit of persons, who can be owners of one property. However currently in order to be eligible for residence permit application on basis of property ownership, there can be only one owner of the property. In this case the owner, their spouse and children under 18 years old can obtain and extend residence permit on this basis.

          Kind Regards,

          Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment Click here

  • Zubair

    Also can i rent out property?

    • Expatguide

      Hello,
      Property purchased for Turlish Citizenship by Investment purpose can be rented. It is not obligatory to reside in it.

      Kind Regards,

  • Zubair

    Is it possible to purchase different types (Land, Villa, Shop) of property in different times (in one or two years) within the set amount $250K to be eligible for citizenship?

    • Expatguide

      Hello,
      Amount of 250.000 USD is subjected towards single or muliple immovables. It is not required that all properties must be purchased at the same time. As long as all of them is purchased after 19.09.2018 you can be eligible for Turkish Citizenship by Investment application.

      Kind Regards,

    • A Ahmed

      Hi,
      What is the minimum value property required to obtain turkish residence permit. Will this make me eligible to take turkish citizenship ship later stage. Also advice if can go with combination of home and commercial minimum investment. Also advice if these properties are close to major city’s proximity. Thanks. I am an distressed Muslim of India.

      • Expatguide

        Hello,
        There is no minimum property value to be eligible for residence permit application. Residence permit for property owners can be only obtained on basis of residential property. After staying in Turkey for five years uninterruptedly on basis of this kind of permit you can be eligible for Turkish citizenship application.

        Kind Regards,

  • Amjad

    Hi,

    I am from Pakistan and planning to move to Turkey.

    Before the move, I would like to invest in a Studio or 1 bedroom apartment in Istanbul city which can be further rent out (Buy to Let ) so that I can get monthly rental income from the purchased property.

    Please let me know about that how much monthly rental income I would be getting if I will buy a Studio or 1 bedroom or other similar Apartment in this area.

    Also, kindly let me know the complete procedure to transfer my funds from Pakistan to Turkey and other related things.

    • Expatguide

      Hello,
      Amount of rental income in Istanbul can vary a lot depending on the exact location and standard of the appartment. Monthly rent for studio flat starts from approximately 1500 TL but can be even few times more if located in popular area. To transfer the funds in order to purchase an appartment you can either open a bank account in Turkey first or directly transfer the amount to the seller from your bank account in Pakistan.

      Kind Regards,

      • Fauzia

        Based on information I got from different sources, money needs to come from a Turkish bank only. And a prospective buyer needs to come to Turkey first and get a tax registration number. Then open a bank account in Turkey. So they have to be come to Turkey.

        • Expatguide

          Hello,
          There is no obligation to make transfer from bank account opened within Turkey in order to purchase a property. Funds can be also directly transferred from bank account abroad. If the buyer provide someone within Turkey with Power of Attorney, opening bank account and purchase procedures can be also done without presence of the buyer in Turkey.

          Kind Regards,

          Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment Click here

    • Amjad

      Hi,

      Based on your reply, If i am expecting 1500 TL per month then what would be the approx minimum cost to buy Studio or 1+1 Apartment in popular areas?? and which areas are most in demand?

      Thanks
      M.A.Khan

  • Alhambra

    May i know that the property based in turkey such like Flat,condo,apartment & real estate are they freehold or leasehold if the prices under $250,000 usd and above , if leasehold how long is the duration

    • Expatguide

      Hello,
      Properties purchased in amount of 250.000 USD and more for purpose of Turkish Citizenship by Investment application are freehold and the ownership belongs only to the buyer from the date of purchase. In order to be eligible for Turkish citizenship application on basis of real estate investment, properties can not be sold for three years. During this period of time owner can reside in a property or rent it to Turkish or foreign tennant, there is no regulations in this topic.

      Kind Regards,

      Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment Click here

  • Peggy

    Hi

    I am a citizen of the United States.
    I don’t need a visa to visit Turkey, but I’d like to buy an apartment there and use it as a vacation home.
    Should I pay the regular price for an appointment or buy it as a foreigner and pay the 250,000 $ ?

    Thank you

    • Expatguide

      Hello,
      If you purchase any property in Turkey, you will be eligible for residence permit, which can be extended multiple times. If the value of property would be 250.000 USD or more, you can acquire Turkish citizenship within 4 months upon your investment.

      Kind Regards,

  • Waqar Ali

    If I invest 250,000 USD in Turkey in real estate, for more then three years and get citizenship, is it possible to take the money out of turkey after I sell the property, afternoon completion of three year time period.
    What is the rule about taking money out of turkey?

    • Expatguide

      Hello,
      If you acquire Turkish citizenship on basis of real estate investment, you are allowed to sell the property after three years. There is no restrictions regarding the sales amount, you are allowed to take the money out of Turkey.

      Kind Regards,

Leave a Reply