Residence Through Investment
An individual can acquire Turkish permanent residency by investing in real estate. Entrepreneurs are entitled to advantages, and the criteria for preserving their status as residents and pursuing citizenship are limited.
It's widely acknowledged that Turkey is a desirable location for numerous ex-pats. Its stunning landscapes, scrumptious cuisine, and lively customs make it a clear favourite. However, were you aware that Turkey also proposes exclusive investment schemes for non-nationals? By means of these schemes, you can reap the advantages of residing in Turkey, while also safeguarding your financial prospects.
At Algebra Consultancy, we endeavour to eliminate the uncertainty from an expat's expedition, and we can assist you in comprehending and manoeuvering the course of obtaining residency in Turkey. With more than 4,000 patrons and a success rate of 99 per cent, we can actualize your aspirations of attaining residency. Whether you're seeking to retire, invest, or simply relish the standard of living that Turkey affords, Algebra Consultancy can equip you with the knowledge you require to make an informed decision.
Understanding the Most Important Types of Residencies to Consider in Turkey
Turkey is a favoured venue for residency initiatives, and there are numerous kinds of residencies to assess when considering relocation to the nation. Every residency category presents its own distinctive merits and demerits, so it is pivotal to apprehend the disparities between them before arriving at a resolution.
Short-Term Residency in Turkey
Short-term residency is a good option for people who want to live in Turkey for a short time. This type of residency allows people to stay in Turkey for up to two years. They can use it for different reasons like vacation, retirement, work, or study.
Short-term residency is also a good choice for people who want to visit Turkey and enjoy the culture without moving permanently. They can choose different permits like 90-Day Tourist Visa, 6-Month Residency Permit, and 1 or 2-Year Residency Permit.
When applying for short-term residency in Turkey, people need to show proof that they have enough money and health insurance. They also need to submit a passport and an application. Sometimes, they may need to give a police report and a letter of invitation from a Turkish employer or sponsor. It usually takes about two weeks for the application process.
Overall, short-term residency in Turkey is a great option for people who want to explore the country and enjoy the culture.
Long-Term Residency in Turkey
Long-term residency in Turkey is an excellent option for people who want to experience Turkey's unique culture and history. It provides a safe and secure lifestyle with numerous opportunities to explore the country and its attractions.
To get long-term residency, people must obtain a residence permit from the Turkish government. They can apply for it through various methods like work permits, family reunification, or student visa. After getting the permit, people can apply for a long-term residency visa, which allows them to stay in the country indefinitely.
To be eligible for a long-term residency visa, people must live in Turkey for eight consecutive years and show proof of employment, health insurance, and enough money. They must also provide a valid passport, birth certificate, and a criminal background check.
With a long-term residency visa, people have the same rights and privileges as Turkish citizens. They can work, have access to healthcare, and own property. They can even apply for permanent residency.
Real Estate Residency in Turkey
Many people from other countries are interested in living in Turkey and buying property there. This is because it has many advantages and opportunities for those who want to settle down in the country.
If you buy a property in Turkey, you can get a permit that lets you live, work, and study there. This kind of permit is called a residency permit. If you qualify, you may also be able to become a citizen of Turkey after living there for five years in a row.
What do you need to do to get a residency permit for real estate from Algebra Consultancy?
You can buy property in certain areas but it must be worth either $50,000 or $75,000.
You can only use the property for living in, not for other purposes.
The property can't be located in a place where there are security or military activities happening.
If you buy property in Turkey, you can get some more advantages. For example, you can apply for a Turkish passport which will help you travel to many countries without getting a visa. Also, owning property in Turkey can give you access to a variety of banking services and the opportunity to start a business there.
Family Residency in Turkey
Moving to Turkey can be a great experience for families looking for a new adventure. The country offers a unique blend of culture, history, and modern amenities, making it an ideal place to establish a new home. With a family residency in Turkey, families can enjoy a wide range of benefits, such as:
1. Access to Quality Education: If families decide to live in Turkey, they can go to some of the best universities in the country. This is really helpful for anyone who wants to study at a higher level in Turkey.
2. Affordable Cost of Living: Living in Turkey is cheap, which is great for families who want to stay there. Things like food and housing are much less expensive than they are in other places.
3. Quality Healthcare: Medical care in Turkey is really excellent, which means that families can get treatment for sickness or injury at a much lower cost compared to other countries. Moreover, Turkey has some of the best medical facilities and highly skilled doctors in the world.
4. Cultural Experiences: Turkey has many different cultures that families can experience if they choose to live there. They can see lots of interesting things like the old buildings and ruins in Istanbul or go to the beautiful beaches along the Aegean Sea. There are so many cultural experiences for families to enjoy!
5. Business Opportunities: If you want to start a business, Turkey is a good place with lots of chances for people who want to be entrepreneurs. If you invest your money the right way, you and your family can do well because the country's economy is growing fast and there are many opportunities for doing business.
Student Residency in Turkey
Many international students want to study in Turkey because it's a great place to get a good education and experience different cultures. Turkey has really good universities, low tuition fees, and they offer many scholarships for international students.
Students who are studying in a school that's recognized by the Higher Education Council can apply for a student residency. It can be renewed every year and their family members like spouses and children can also stay if the student is married and has kids.
Turkey is very generous to international students and provides them with many scholarships and grants for both undergraduate and postgraduate studies. These scholarships can help cover tuition fees, living expenses, and other costs. Some universities in Turkey even offer free tuition to international students.
It's important to know that student residency will expire when the student finishes their studies.
Humanitarian Residency in Turkey
Humanitarian residency means helping people who are in a tough situation because they had to leave their home country. This can be because of things like war, problems with the government, or natural disasters.
Humanitarian residency is a way to give these people a safe place to live and provide basic things like healthcare, education, and jobs. This type of residency lasts for one year, but it can be renewed every year.
Residence Permit for Victims of Human Trafficking in Turkey
If someone is brought to Turkey and forced to work or do something they don't want to do, that's called human trafficking. Turkey offers help to these people by giving them a special permit called a "residence permit." This permit gives them some special rights and benefits so they can be safe and get the things they need, like healthcare, education, and jobs.
To get this special permit, the person has to be from another country and have been a victim of human trafficking. The permit is good for up to three years, but it can be renewed if needed. With this permit, people who were victims of trafficking can get help with things like legal issues, medical care, and finding a job or going to school.
Algebra is Here to Help You Understand the Different Residency Permits in Turkey
No matter what your reasons for moving to Turkey are, Algebra Consultancy can help you understand the different residency permits and decide which one is right for you. With our team, we can help you navigate the process of obtaining the right permit and make sure that you have all the necessary paperwork in order. Contact us today to get started!