Investor residency in Türkiye 2024 law updates

Investor residence permit in Turkey, how do I obtain it?

Due to the geographical and vital elements that Turkey possesses and the beautiful nature that Turkey enjoys, it encouraged many to visit Turkey, especially the investors who found in Turkey what they were looking for, which necessitated the search for investor residence in Turkey and the search for conditions for obtaining investor residence in Turkey and how to obtain investor residence in Turkey. Turkey and the question about the necessary papers in order to obtain an investor’s residence in Turkey and thus search for Turkish citizenship and a Turkish passport.

All this information we can learn about through this article, which is presented to us by Mada Real Estate Company, one of the best investment companies in Turkey.

investment in Turkey

Turkey is one of the countries in which investment has been very active and prospered, especially in recent times, as the number of investors has increased as a result of the Turkish state's encouragement to invest and investors, so investment projects have increased, investment companies have multiplied, and investors have started looking for what is called establishing an investor in Turkey and benefiting from the benefits of establishing an investor in Turkey.

What does it mean to establish an investor in Turkey? What is the difference between real estate residence and investor residence in Turkey? What are the benefits of establishing an investor in Turkey?

Residence of an investor in Turkey

The residence of an investor in Turkey, or what is known as work residence, is a type of residence permit granted by the Turkish state to all Arab or foreign individuals coming to Turkey with the aim of working within Turkish territory according to the conditions for obtaining an investor residence in Turkey.

And the residence of an investor in Turkey is a permit or the so-called (work permit) that allows its owner to enter Turkish lands and work within its lands in various fields. The Turkish state often grants investor residence in Turkey to foreigners to encourage them to support the Turkish economy with all investments in addition to encouraging capital To invest in Turkish lands and encourage foreigners to work in Turkey and thus increase the number of workers in the various investment sectors.

In short, the residence of an investor in Turkey is granted through the many opportunities that the Turkish state gave to foreigners residing in its territory, such as granting him the residence of an investor in Turkey by purchasing a property, or granting him the residence of an investor in Turkey through bank deposit, and he can also be granted the residence of an investor in Turkey called the real estate residence Thus, there are many residencies granted to foreigners in Turkey.

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Residency for an investor in Turkey Learn how to obtain it

Types of residency in Turkey

There were many residencies granted by the Turkish government to the foreigner coming to it, so there were many residencies granted by the Turkish state to those coming to it, and they differ according to the reason for which the foreign citizen entered the Turkish lands, and there were:

Tourist residence permit, real estate residence permit, student residence permit, commercial residence permit, and investor residence permit in Turkey.

These are some of the types of residency that the Turkish state can grant to foreigners coming to Turkey.

Here comes the question, what is the difference between these residences? What is the difference between real estate residence and investor residence in Turkey?

The difference between real estate residence and investor residence in Turkey

In general, no matter how different the types of residency granted to foreigners in Turkey are, it remains a facilitation provided by the Turkish state to a foreigner residing in Turkey with the aim of carrying out various types of investment and tourism business within Turkish territory and encouraging him to reside in Turkey, and this of course benefits the Turkish state and the Turkish economy in general.

As for the difference between residence permits, it is due to the reason for which the individual will be granted residence in Turkey, where a foreigner can be granted investor residence in Turkey by buying a property and it is called investor residence through real estate ownership. With its wonderful geographical location, picturesque nature, and beautiful archaeological sites in Turkey, there is also a residence permit granted to students coming to Turkey for the purpose of study and education, and there is a work permit, which is the most popular and used in Turkey, and this residence permit is granted to everyone who came to Turkey with the aim of work and investment, and it is often through one of the companies that grant Its workers have this residency in order to work in one of its companies, and the work residency is considered very close to the residency of an investor in Turkey, as both are granted for work and investment.

As for the real estate residence and the residence of an investor in Turkey, they share several characteristics together, and some say that they are one residence with two different names.

But there must be some difference between them, so let's get acquainted first with both residences and then conclude the difference between the real estate residence and the investor's residence in Turkey.

  • Real estate residenceIt is a residence permit granted by the Turkish government to a foreigner after he has purchased a property, whatever the type of this property (apartment, villa, shop, warehouse, chalet, hotel...).
  • Residence of an investor in Turkey: Many investors want to obtain Turkish citizenship or a Turkish passport, so they buy a property in order to benefit from the decision to grant Turkish citizenship by purchasing a property in Turkey, and after purchasing this property, the owner of this property submits his application in order to obtain Turkish citizenship. Granting him a temporary residence called investor residence in Turkey, which is handed over to the Turkish authorities after the owner obtains Turkish citizenship.

Thus, we can say that the difference between the real estate residence and the residence of an investor in Turkey is similar when the residence of an investor is in Turkey through the purchase of a property, so the two residences are in two different names for one type of residence.

Perhaps the most used residence permit is the residence of an investor in Turkey by buying a property, because of its obvious benefits to the investor, and the most important of these benefits is granting him Turkish citizenship, as many foreigners want to visit Turkey and buy a property in it in order to obtain Turkish citizenship through him, and thus he can obtain On the Turkish passport, the Turkish government has amended some laws related to Turkish naturalization and granted Turkish citizenship to everyone who buys a property worth at least $400,000 and pledged not to sell it before three years from the date of its registration in the Turkish real estate registry.

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Anyone who wants to inquire about the residence of an investor in Turkey can contact the best investment companies in Turkey, Mada Real Estate Company, which provides you with all its real estate and investment services and provides various types of residence permits in Turkey.

Benefits of residing an investor in Turkey

The benefits of establishing an investor in Turkey are many, especially in light of the obvious services provided by the Turkish government to investors, to encourage them to increase investment projects in its lands and to support the Turkish national economy. And many benefits, including:

  1. Everyone who has obtained an investor's residence in Turkey can apply for Turkish citizenship and thus obtain the Turkish passport, one of the most powerful passports in the world.
  2. Anyone who has obtained an investor residence permit in Turkey can bring his wife and children to his place of residence.
  3. The residence of an investor in Turkey allows him to enter and exit Turkey without a visa or entry visa.
  4. The Turkish government facilitates most of the investment procedures for investors in order to encourage them and works to secure all their requirements.
  5. It provides most of the health and insurance services and guarantees the rights of everyone who has an investor residency in Turkey.
  6. Anyone who has obtained an investor residency in Turkey can learn in Turkish schools for free.
  7. Anyone who has obtained an investor residency in Turkey and has reached the age of sixty can benefit from the retirement law, and the state grants him a fixed retirement salary.

These are some of the benefits of residing an investor in Turkey, and we can get more clarifications and explanations about the benefits of residing an investor in Turkey by contacting Mada Real Estate Company and obtaining its many services and benefiting from its long experience.

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In addition, obtaining an investor’s residence in Turkey benefits the investor, as it also benefits the Turkish government, and we can mention some of these benefits:

  1. Encouraging investors to invest in the lands of Turkey supports and develops the Turkish economy.
  2. Investing in Turkey provides job opportunities for many young people in Turkey.
  3. Encouraging the work of investors in Turkey creates a diversified economic environment and increases the number of foreigners in Turkey.
  4. Increasing the number of foreigners in Turkey enables cultural and environmental exchange between different countries with Turkey.

An investor's residence in Turkey, what are the papers required to obtain it?

Conditions for obtaining investor residence in Turkey

There are several conditions for obtaining an investor’s residence in Turkey, and the conditions for obtaining an investor’s residence in Turkey are simple and uncomplicated. The Turkish government was very keen to encourage investors to reside in Turkey and carry out investment projects in the lands of Turkey, which benefits the Turkish national economy and the people Turkish in general, and among the conditions for obtaining an investor’s residence in Turkey, we mention:

  • The company should have a capital of a certain value determined by the Turkish authorities, and it must not be less than it.
  • The Turkish authorities determine a certain percentage in order to hire Turkish employees or those who hold Turkish citizenship for each foreign employee who is employed and who obtains a work permit in the investment company or establishment, with the exception of the owner of the company from this percentage.
  • A bank statement of the company or establishment must be submitted in an amount determined by the Turkish state.
  • That the owner of the investment be of good conduct and good morals and does not pose any threat to national security.
  • To be innocent of any judicial or criminal ruling, i.e. he must obtain a non-judgment document.

How to obtain investor residence in Turkey

After we got to know the investor’s residence in Turkey and the conditions for obtaining an investor’s residence in Turkey, we can learn how to obtain an investor’s residence in Turkey.

Obtaining an investor’s residence permit in Turkey does not need complications. The owner of the investment has only to prove his ownership of the property that he wants to invest or submit documents that prove bank deposits deposited in Turkish banks and banks, and thus he can submit his application in order to obtain an investor’s residence permit in Turkey.

For more inquiries, you only need to contact Mada Real Estate Company to provide you with all the required inquiries and consultations and to provide you with all the services required in order to obtain an investor’s residency in Turkey by a specialized staff with long and long experience in Istanbul.

Investing in Turkey with a small amount

The necessary papers in order to obtain an investor residence in Turkey

  1. An official application submitted by an individual who wants to obtain an investor residence in Turkey.
  2. Passport of the applicant.
  3. Two personal photos, the size of the photo inside the passport.
  4. Documents proving his ownership of the investment through which he obtained an investor’s residency in Turkey.
  5. Document not judged.
  6. Comprehensive and valid health insurance.
  7. The residential address proves the place of residence.
  8. Previous residence permit, if any (previous work residence - student residence - real estate residence).

To inquire more about the papers required to obtain an investor’s residence in Turkey, you must contact Mada Real Estate Company, one of the important companies in Istanbul with great experience in investment field And real estate, which puts in your hands its great experience and provides you with all its logistical services related to how to obtain an investor’s residence in Turkey and everything related to Turkish citizenship and obtaining a Turkish passport.

Duration of obtaining an investor residence in Turkey

Whoever applies for an investor residence permit in Turkey must wait approximately three to four months from the date of submitting the application, and this is the period for obtaining an investor residence permit in Turkey.

Mada Real Estate Company can be used, which puts all its services in your hands and helps you secure all types of residency in Turkey.

Investor residence in Turkey What is the benefit of investment residence in Turkey?

How long to stay in Turkey

When an investor is granted a residence permit in Turkey for the first time, the duration of this residence permit is often only one year, and it is renewed every year, then it can be renewed every two years, depending on the type of residence granted to the foreigner.

It is possible to inquire about the duration of an investor’s residence in Turkey by contacting Mada Real Estate Company, one of the major investment companies in Turkey, as it possesses most of the experts and consultants with long experience in the field of real estate investments and obtaining residencies in Turkey and contributes to how to obtain Turkish citizenship and thus obtain a Turkish passport One of the most powerful passports in the world.

Obtaining a Turkish passport by investment

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Accommodation prices in Turkey

Residence prices in Turkey vary according to the type of residence that allows a foreigner to enter Turkey. As we have said, the Turkish state has granted many residence permits to foreigners coming to Turkey, as we said, as an encouragement from them to reside in Turkish lands, work in Turkey, establish investment projects in it, and increase foreign labor in Turkey. Turkey also guarantees job opportunities for Turkish youth within these investment projects.

Of course, this residence, which the Turkish government will grant to these foreigners, is subject to the imposition of fees and taxes in addition to the cost of papers and documents related to residence, health insurance, issuance of the tax number, and several services provided by the Turkish state to grant residence to foreigners. The prices for obtaining residence in Turkey also vary according to the nationality of the applicant. A foreign mother who wants to obtain an investor’s residence in Turkey is subject to certain fees and taxes that differ from one nationality to another. The price of obtaining residence in Turkey is often determined in Turkish lira or US dollars.

It is possible to request assistance in obtaining more inquiries and more clarification about residence prices in Turkey by contacting Mada Real Estate Company, which provides you with all the services you need through its distinguished and cooperative staff.

Do not hesitate to contact our company, Mada Real Estate Company, and get the most important services you need in all real estate, investment and logistical fields related to Turkish citizenship and obtaining investor residency in Turkey.

 

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