Whether you are looking for a permanent residence or a holiday home, Turkey is a great place to invest for foreigners. Foreigners who decides to make the move of buying a House from Turkey should learn about the requirements first.
As a non-resident person of Turkey, if you want to acquire a house in Turkey, there are a few things to keep in mind when it comes to legal matters. We are here for your best experience with our expert services and consulting.
This is our documentation to help you understand what you’re looking for. Here’s a simple guide on where to start;
For people who wants to buy a House in Turkey should know these advantages;
With its spectacular history, culture, nature, and climate, Turkey is one of the most desired destinations of the world for many people over the years. These characteristics for leading a healthy and happy life are now much more important than ever.
Especially in this era of trying to live in a safe enviroment with a global pandemic. However, it can be stressful to make a big move to another country. Especially if you don’t know the language or where you are going to live at first.
Citizenship is an option for investors buying a house in Turkey. It is starting from at least 250 thousand dollars of an investment. The foreigner himself/herself and his/her family will have the right to acquire a Turkish citizenship. Just within three to six months when they decide to Buy a House in Turkey.
You can get 3 years residence of permit for yourself and your family. Just by buying property for 650 thousand Turkish Liras and more. Thus, you will have the right to apply for Turkish citizenship. And if you live in Turkey uninterruptedly and continuously for 5 years in the property you have bought.
Foreigners who buy a property in Turkey can get a residence permit provided that can be extended in certain periods, they also have the right to get a residence permit for their families as well. With this residence permit, children of foreigners can get their education in Turkey. It is easier for foreigners with a residence permit to find a job and it is just as easy for companies to get a work permit for them.
Foreigners can buy real estate such as residences, offices, lands, fields, etc, in Turkey, provided that they respect the restrictions specified in the law. If the foreign person 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 building to be built on that land or field.
In accordance with the related law, following restrictions apply to purchasing property by foreigners. These are the restriction to be careful when you buy a house in turkey;
A preliminary application should be made to the Land Registry Directorate. It is required to take a sequence number for the 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 for foreigners who want to buy a House in Turkey:
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).
You must learn if there are any restrictions on the property such as mortgage, lien, etc.
Residence permit is not required when buying a property in Turkey.
These are some of the important subjects to answer before anyone makes the move of; buying a house in Turkey.
Working with professional consultancy companies specialized in buying property will always be in favor of the buyer. For that reason, we offer our expert private consultancy services. Just for your best experience. Decided to Buy a House from Turkey? We got you covered. Contact us to learn more about our services and how we can help. We are the best options that come to mind when you decided to buy a house in Turkey.
Required fields are marked with *