The process is completed within 2-6 months.
Yes, you can initially apply for a resident permit of 1 year if you buy a property in Turkey. You may extend your residence permit upon expiry of the initial term of 1 year.
You may be entitled to become a Turkish citizen if you make an investment of USD 400k in real estate property in Turkey provided that you do not sell for 3 years.
There is no restriction on the nationality of the applicant. Any person of any nationality may apply.
No. It is not mandatory to live in Turkey before or after the application.
Yes. You can submit a simultaneous application for your spouse and children below 18 years of age.
Yes. You will enjoy the same rights as Turkish citizens once you become entitled to citizenship. You can work in Turkey without the requirement to obtain a work permit.
Under the applicable law, the surface area of real estate properties acquired by foreign nationals may not exceed 30 hectares.
No. You may give power of attorney to a lawyer and complete all formalities in Turkey in connection with real estate property acquisition in Turkey. Blink Real Estate Consulting's expert team will provide you guidance throughout the entire process.
You will be required to submit your passport, 3-5 passport size photographs, and tax registration number while buying real estate property in Turkey.
The amount of additional costs is approximately 5% of the real estate property you acquire.
Normally, the title deed is issued in 1-3 days. However, if you are the first foreign national buying a property in the building or project, there is a waiting period of 6 weeks.
You are required to pay real estate tax and earthquake insurance on an annual basis.