If you have any questions about Alanya Turkey Residency read this article, the Mediterranean coastal gem in southern Turkey, has become a popular choice for immigrants due to its pleasant climate, stunning sandy beaches, rich historical and cultural attractions, and affordable living costs.
Among the various methods of obtaining Turkish residency, buy apartment in Alanya has attracted considerable attention due to its numerous advantages. In this article, we will provide a comprehensive and complete overview of Turkish residency Alanya through the purchase of an apartment in Alanya and offer the necessary information to embark on this journey.
Conditions for Obtaining Alanya Turkey Residency Through Buying an Apartment:
Property Value: The apartment must be worth at least 75,000 USD. Note that this amount was increased to 250,000 USD in 2022 but was reduced back to 75,000 USD in 2023.
Property Location: The apartment must be located within the areas designated by the Turkish government. These areas are regularly updated by the Turkish Ministry of Interior, and you can find the updated list on their official website.
No Mortgage: The apartment must not be mortgaged or pledged to any person or institution.
Title Deed Registration: After purchasing the apartment, the title deed must be registered in the buyer’s name at the Turkish Land Registry and Cadastre Office.
Advantages of Obtaining Turkish Residency Through Buying an Apartment:
Residency for the Entire Family: By purchasing an apartment, the buyer’s spouse and children under the age of 18 can also obtain Turkish residency.
Possibility of Residency Renewal: Turkish residency through the purchase of an apartment is issued for one year and can be renewed indefinitely thereafter.
Possibility of Obtaining Turkish Citizenship: After 5 years of living in Turkey with permanent residency, you can apply for citizenship of this country, subject to conditions such as proficiency in Turkish and a clean criminal record.
Profitable Investment: Buying an apartment in Alanya can be considered a profitable investment due to the ever-increasing property prices in this city.
Potential Rental Income: If you wish, you can rent your apartment to tourists or local residents and generate income from it.
Access to Amenities: By obtaining Turkish residency through the purchase of an apartment, you will have access to welfare services such as healthcare, education, and public transportation in this country.
Additional Information:
Application Process: The application process for Turkish residency through the buy aparment in turkey is relatively straightforward and can be completed with the assistance of a lawyer or real estate agent.
Required Documents: The required documents for the application include a valid passport, biometrics, proof of financial means, and a real estate appraisal report.
Costs: The costs involved in obtaining Turkish residency through the purchase of an apartment include the property purchase price, taxes, legal fees, and translation fees.
Cheap Apartments for Turkish Residency:
Affordable options in Alanya:
Located further from the city center or in smaller complexes.
Important considerations:
Seek legal assistance: A lawyer or real estate consultant can help find a suitable apartment, review documents, and navigate the legal process.
Verify property title: Check with the Turkish Land Registry and Cadastre Directorate for authenticity.
Research maintenance costs: Consider building fees, municipal taxes, and property taxes.
Stay updated on regulations
Steps to Obtain Turkish Residency by Property Purchase:
Stage 1: Property Selection and Purchase:
- Choose a suitable property: Consider budget, needs, and government-defined areas.
- Verify property documents: Ensure title authenticity and absence of liens.
- Finalize the transaction: Sign the sales contract with the help of a legal expert.
Stage 2: Obtaining Title Deed:
- Submit required documents: Provide necessary paperwork to the Land Registry and Cadastre Directorate.
- Pay associated fees: Cover title registration and property tax costs.
- Receive title deed: The property will be registered under your name after document review and payment.
Stage 3: Obtaining Residency:
- ++Collect necessary documents: Gather application form, valid passport, ID photos, title deed, health insurance, and a clean criminal record certificate.
- Visit the Immigration Office: Present documents at the designated office in Turkey.
- Complete medical examinations: Undergo required medical checks at designated centers.
- Receive residency card: A one-year renewable residency card will be issued after document review and medical checks.
Required documents for obtaining an Alanya Turkey Residency:
Residence application form
- Valid passport
- Personal photo
- Title deed
- Health insurance
- Certificate of good conduct
Residence permit fees:
- Land registration fee
- Property tax
- Document translation costs
- Lawyer or real estate agent fees
Conclusion:
Alanya, with its advantages such as pleasant climate, beautiful beaches, rich historical and cultural attractions, affordable living costs and easy residence permit through buying an apartment, has become an ideal choice for immigrants.
Advantages of obtaining a Turkish residence permit through buying an apartment in Alanya:
- Obtaining a residence permit for all family members
- Possibility of unlimited extension of residence permit
- Possibility of obtaining Turkish citizenship after 5 years
- Profitable investment
- Possibility of earning income through rent
Access to welfare facilities
If you need more information about Turkey Citizenship by Investment or buy property in istanbul or other travok real estate and construction‘s activities, just give us a call.