As a fully integrated real estate agency customers are being accompanied in all steps of the purchase process. Our property specialists together with our country wide network support with administrative details, ordering the right furniture, residence permits for the family and all other issues that might arise.
Spouses and children under the age of 18. The immigration department can sometimes also grant the residency to further family members, e.g. parents or grandparents.
The process normally only takes a couple of days (in best cases on the same day) and once this has been completed, you can take possession of your property. It can take longer to receive the final title deed (tapu) for properties that are still under construction or where you decided to go for installment options.
If a foreigner owns a property in Turkey, he/she gets a residence permit which is renewed every year over the internet if he/she keeps the ownership.
The Turkish Immigration Presidency issued a new amendment to the law on obtaining real estate residence in Turkey, where the price of the property must be 75 thousand US dollars, in big Turkish cities such as Istanbul, Ankara, and Antalya, and not less than 50 thousand US dollars in the rest of the Turkish cities.
Appraisal reports protect buyers from overpriced property sales. When one buys a property, the Land Registry and Cadastre asks for a SPK validated valuation report (see here for more details) as a proof document that the purchase was made at the correct price. Your addressee is the Real Estate Appraisal Department of the Land Registry and Cadastre. The process takes 3 - 6 days. Your property specialist will organize all relevant documents for you.
No. Also after having bought a property you do not necessarily have to apply for a residence permit. This depends on the amount of time you are planning to stay each year. E.g. some citizens can stay up to three months or longer every year by tourist visa which can be acquired at the airport.
Out of experience 45 days is the period that has been determined to complete the procedures for obtaining most Turkish citizenships, from the beginning of the transaction i.e. delivery of the required documents in full to the Turkish government, and until the signature by the President of the Republic. In the meantime you will receive a residence permit and can enjoy your stay without any limitations.
Yes of course, the personal power of attorney can be obtained from the Turkish embassy in the country in which they reside outside Turkey or from any notary within Turkey (see here for more details).
When your travel dates are clear please contact your property specialist. He or she will set up the properties for your viewing tour and assure that the most convenient dates for you are organized in advance. Everything will be ready for you to inspect once you arrive.
The Turkish Immigration Presidency issued a new amendment to the law on obtaining real estate residence in Turkey, where the price of the property must be 75 thousand US dollars, in big Turkish cities such as Istanbul, Ankara, and Antalya, and not less than 50 thousand US dollars in the rest of the Turkish cities.
Tax Number in Turkey (vergi numarası): It is a special number that you need sometimes for legal and official transactions or to open a bank account. You can get this number regardless of your official residence status in Turkey easily, by: Bring a copy of your passport and the address of your stay in Turkey. Go to the nearest tax administration office (vergi müdürlüğü) in your area and request this number from the competent officer. Your property specialist can also accompany to breach the language barrier.
Yes, here in Timondro we provide after-sales services to the customer for example supporting you in buying furniture, setting up automatic bank payments for utilities, registering insurance contracts or any other assistance you might need.
Iskan is a document granted by the local authorities that proves that the property has fulfilled all its requirements and obtained all the necessary official approvals in order to use it for residential purposes. This document is requested for records of gas, electricity, water, and other bills. It is also important when you want to resell it at a good price. We follow up for all properties under construction the status of the Iskan as this has important implications for the title deed
Turkey has achieved an advanced position in its health sector in the world and is now a first choice for many foreigners who specially come to conduct surgical or cosmetic operations through governmental and private hospitals with a good reputation. There is an actual health tourism industry which developed over the last decade or so.
You do not have to be in Turkey to complete the sales process. POA (or limited POA) can be given very easily and securely to your solicitor. You can even give POA from your own country. Normally, purchasers give POA to their acting solicitor, who completes the deal on their behalf and ensures the title deed goes into the buyer‘s name and utilities are transferred to the new owner. The POA is limited to the exact transaction at hand and can not be misused for any other
purpose.
Experience and general statistics state that the European side has a more suitable environment for investment for several reasons and the reason why most foreigners prefer this side over the Asian side. First of all, it has the historical downtown and the bigger portion of the population which is located in the 40km radius of Taksim. Also, it is considered the center of commerce and the capital of business as most of the companies have their headquarters in the European side of Istanbul.
Many factors made Istanbul the best place for investment. One of which is that Turkey has a comparatively stable situation in general which presents a safe and peaceful environment to work and live in. Also the hospitable and welcoming setting in Turkey in general is an asset. Another interesting fact about Istanbul is that it is the only city that connects two continents. Istanbul is also distinguished for really reasonable prices when compared to other big metropolis cities around the world. Istanbul is also one of the fastest-growing cities in the whole globe.