Tyrkiet

The Presidency of Migration Management made a new statement on 30.06.2022 regarding the residence permit application in Turkey. Foreigners' quota, which was 25% before in Turkey, has been reduced to 20% as of June 1 to prevent foreigners from concentrating in certain regions of our country. Normally, in Turkey, it is prohibited for any region or territory to...

According to the decision published in the Turkish Official Gazette on 13/05/2022, the minimum real estate purchase limit changed from $ 250,000 to $ 400,000 or any foreigners who have agreed to buy a property worth at least $400,000 from a notary public can apply for Turkish citizenship directly. As another option, foreigners who are determined to have inve...

Foreigners must now exchange their foreign currency for the Turkish Lira in order to purchase and sell real estate, thanks to a recent reform to Turkish law. What are the conditions? Foreign buyers and sellers should first send their money to a Turkish bank to convert their currencies (US dollar, Euro, or British pound) to the Turkish Lira A Turkish bank sho...

Anyone who intends to stay in Turkey for longer than 90 days will need to apply for a residence permit. Students, employees, foreigners married to Turkish nationals who have yet to get citizenship, anyone performing scientific research, and foreign property buyers are all included in this category. People who want to stay for less than that amount of time (e...

Appraisal Report to Become Compulsory for Foreign Real Estate Buyers According to the announcement published by TKGM (Turkish General Directorate of Land Registry and Cadastre), foreign property buyers will need an obligatory appraisal report to receive a title deed. This new law will apply in Turkey from the 4th of March 2019. In that way, the Turkish gover...