Property and residence permit in Turkey

According to the opinion of many modern experts, today in Turkey quality/price ratio of real estate is one of the best in the Mediterranean area.

For reasonable money, everyone can buy a new apartment, villa or other real estate in Turkey. Modern Turkey is a year-round sunshine, warm sea, well-developed infrastructure, a large selection of various activities for relaxation and fun, inexpensive but really professional service of apartments and houses, and low taxes.

If a non-Turkish person wants to visit Turkey, they shouldn't worry about visa, and the regular flights are established between Turkey and big cities of Europe. There are many advantages of investment in property of Turkey, the most important of which are as follows:

Over the past twenty-five years the Turkish Mediterranean coast has become recognised resort for summer residence for citizens of Europe.
There is indeed the low price for the purchase and maintenance of real estate; low taxation rates.
High quality of Turkish construction.
Very easy purchase of real estate and forming TAPU (property rights).
The cost of apartments and houses in Turkey are increasing by 30-50% a year.
The ability to offer villas and apartments for rent.
Easy applying for a residence permit.
In Turkey, free import and export of capital income, salaries, and dividends are allowed; there is a free trade zone.
Turkey, Russia and Europe are in 2-3 hour flights from each other.
There is an agreement between Europe and Turkey to avoid double taxation.

But the most interesting is that all of the owners and buyers of Turkish property easily get a residence permit, and later, if they want, a Turkish citizenship. Those who have a residence permit in a country such as Turkey have several advantages: unlimited time to stay on Turkish territory, ability to enter any number of times in Turkey and leave it, equal rights as citizens of Turkey (election right here is not included).

Thus, having a property in Turkey, you have the unique right to easily obtain residence permit. However, due to the changes in the law, the rights for a residence permit are optional: if it is necessary – you have the opportunity to apply for it, but if this is not necessary, you don't have to do it.

Author: RestProperty

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