Why Invest in Turkish Property
Turkey's position bridging Asia and Europe creates compelling investment conditions with strong fundamentals.
Who Can Buy Property in Turkey
Turkey's property market welcomes buyers from 129 nationalities following 2012 legislative changes.
Where to Buy Property in Turkey
Diverse regions offer varied opportunities: Istanbul, Mediterranean and Aegean coasts, emerging areas.
How to Buy Property in Turkey
Streamlined processes accommodate foreign buyers efficiently from research through title transfer.
Costs of Purchasing Property
Transaction expenses beyond purchase price typically total 7-8% including stamp duty and legal fees.
Turkish Title Deeds (TAPU)
Understanding title deed categories, verification processes, and transfer procedures.
Should You Use a Solicitor
Professional legal representation protects buyers from fraud risks throughout transactions.
Power of Attorney in Turkey
Granting power of attorney enables remote transaction completion without physical presence.
Financing Options
Multiple funding pathways: home country financing, Turkish bank mortgages, developer payment plans.
VAT Exemption
Foreign buyers avoid value-added tax on first property acquisitions meeting specific conditions.
Taxation Overview
Understanding income tax, property tax, capital gains tax, and stamp duty obligations.
Capital Gains Tax
Properties sold within five years face capital gains taxation on realized profit.
Income Tax Obligations
All income earners in Turkey face tax obligations including rental income.
Inheritance Tax
Turkish inheritance laws compare favorably with European jurisdictions.
Healthcare Services
Turkey provides quality medical care at competitive costs through modern facilities.
Property Maintenance
Managing Turkish properties costs substantially less than European equivalents.
Bringing Your Vehicle
Understanding import regulations and Turkish vehicle purchase options.
Bringing Your Pets
Pet relocation follows established procedures with proper documentation and timeline.
Retirement Living
Turkey's favorable cost of living attracts retirement relocation.
Inspection Trips
Direct property viewing remains the most effective approach for evaluating opportunities.
Virtual Tours
Modern technology enables property evaluation without physical travel.
Custom Build Options
Custom construction offers unique solutions for personalized properties.
Corporate Purchase
Corporate property ownership requires establishing a foreign capital company.
EU Relations Analysis
Understanding Turkey's EU relationship and real estate market dynamics.
Economic Analysis
Comprehensive macroeconomic analysis for property investment decisions.
Turkish Residence Permits: Extended Stay Authorization for Property Owners
Standard Turkish tourist visas permit 90 days presence within any 180-day period. Property owners seeking extended stays require formal residence permit applications.
Residence Permit Through Property Purchase
In Istanbul, a residential property with a title deed value of at least $200,000 can be the basis of a residence permit application. Some neighbourhoods are closed to new residence registrations for foreigners, so we check the address before you buy. Our residence permit page explains the rules in detail.
Residence Permit Application Process
Online Application Initiation
Visit Directorate General of Migration Management website to begin application process. Input personal information to schedule DGMM office appointments.
The online system displays:
Applicants may remain in Turkey between application submission and appointment dates. Exit and re-entry permitted within 15 days following application submission.
Permit Fee Structure
Fees vary based on permit duration. Online application systems automatically calculate costs during appointment scheduling. Payment options include credit card processing or tax office payment.
Required Documentation
Online systems generate situation-specific documentation lists. Typical requirements include:
1. Biometric passport photographs (white background, bring six for contingency)
2. Turkish Title Deed (TAPU) copies or rental agreement documentation showing residence address and payment amount
3. Passport copies including:
- Main details page
- Visa entry stamp
- Validity verification covering permit duration
4. Turkish tax identification number (obtainable at local tax offices)
5. Health insurance coverage proof
6. Bank statements demonstrating sufficient funds for residence period (Turkish bank account documentation available upon request)
7. Family member documentation (for family permit applications): birth certificates, passports, photographs
Permit Delivery and Duration
Approved permits deliver through postal service. Initial permits typically valid one year. Subsequent renewals may extend to two-year duration. Eight-year residents qualify for indefinite long-term permits.
Employment Restrictions
Residence permits do not authorize employment. Working without proper authorization risks:
Employers face strict regulations regarding foreign employee proportions and sector restrictions. Employment should be arranged before Turkey arrival, with employers handling work permit applications.
Citizenship Through Property Investment
A property purchase of at least $400,000, confirmed by an official valuation report, can be the basis of a Turkish citizenship application. Citizenship provides:
The property must be kept for at least three years; this is registered as a no-sale annotation on the title deed.
Living in Turkey Resources
Post-permit acquisition, new residents face integration challenges. Language learning, driving regulations, communication maintenance, and pet relocation require attention. Sun and Sky Real Estate provides comprehensive expatriate living guidance beyond permit acquisition.
Sun and Sky Real Estate Permit Support
Our team assists property buyers through residence permit processes. Combined property acquisition and permit guidance ensures smooth transitions into Turkish residence.
Contact our team for coordinated property purchase and permit application support. Our office is in Istanbul, where all of our projects are located.
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