SHORT-TERM RESIDENCE PERMIT FOR FOREIGNERS
Initial Application
To apply for a short-term residence permit, foreigners who own real estate in Turkey or intend to establish a business or business connections in Turkey must submit the following documents to the relevant Provincial Directorate of Immigration Administration (Göç İdaresi) once an application is submitted through the e-residence system. Short-term residence permits are issued for a maximum of two years as a principle. A residence permit is invalidated if it is not used within six months.
LONG-TERM / INDEFINITE RESIDENCE PERMIT FOR FOREIGNERS
Initial Application
To apply for a short-term residence permit, foreigners who own real estate in Turkey or intend to establish a business or business connections in Turkey must submit the following documents to the relevant Provincial Directorate of Immigration Administration (Göç İdaresi) once an application is submitted through the e-residence system. Short-term residence permits are issued for a maximum of two years as a principle. A residence permit is invalidated if it is not used within six months.
TITLE DEED
According to the Turkish laws and regulations in force, transfer of ownership of a property is only possible at the Land Registry Directorates (TAPU DAIRESI). A Title deed in Turkey is called a Tapu. Each deed includes information such as the owner's name and property details.
There are two types of deeds in Turkey; one is the land deed and the other is the proper title deed which you can obtain once you have your habitation certificate. The blue clour is for land and the redtitle deed( tapu) is for residential property.
To be legal, a title deed in Turkey must be sealed with a stamp, bottom right of the document. Photos, although not compulsory feature in the top right-hand side.
Note: More than one person can own the same property. In this case, the respective shares are to be shown in the tapu.
Vision estate agency can help you obtain your tapu within 3 days.
HABITATION LICENCE
The habitation licence is one of the most important document when you buy a property in Turkey. It proves that the builder has completed the building according to the construction plans and he has fulffilled all the required legal and safety procedures. Obtaining the habitation certificate is very complicated and time consuming, therefore prospective buyers should always consider possible challenges before buying a property without a habitation certificate. Habitation certificates are issued by local municipalities and it is the builders responsiblity to obtain it, and present it to you before you purchase.
VALUATION REPORT
When you have chosen a property we will make an application to obtain a valuation report. This will take two days to get. The report will show the market value of the property, and compare it to the other properties in the area. This report will protect your investment and you will have knowledge of the local property market.
MORTGAGES
If you wish to purchase a property with a mortgage in Turkey, we can advise you on choosing the best lender for your requirements, and take you through the whole process. We will:
REQUIRED DOCUMENTS
PLEASE NOTE
Generally mortgage applications are not accepted on properties being constructed, but some banks may give a mortgage after 90% of the construction is completed
POWER OF ATTORNEY
Sometimes buyers or sellers are unable to travel when buying or selling a property. In that case, in Turkey, a third party is appointed as Power of Attorney. This can be for just buying or selling, it can be limited to set dates, for example, a month or a year. This will give the appointed person power to act on their behalf.
COST OF LIVING IN TURKEY
One of the main things people factor into their decision to move to Turkey, is the cost of living. Turkey can fit all tastes of life and can be as cheap, or as expensive, as you want it to be, depending on circumstances,
personal taste, and life styles.
Are a lot lower
However, there is a huge difference in prices, from region to region, just like most countries in the world. Cities are the most expensive places to live, by far the busiest and most popular touristic city Istanbul, it is also the most expensive. The hustle and bustle of business, shopping, finance and tourism also has many effects on costs, such as higher property prices and rentals. Day to day expenses, food shopping, eating out and transport, means a family can live on around 5000 lira a month, before rent. The Aegean coast is by far the most beautiful, and for many Turks and foreigners, the main choice as a holiday destination. In Marmaris, Bodrum, Kusadasi, Fethiye and Didim, the prices are a lot lower. The general cost of living for a family is around 3000 lira before rent. This has made these areas a hot spot for many ex pats and foreign investors.
The minimum wage in Turkey has risen a lot in the past few years, with its most recent jump from 1780 to 2300 lira, with the employer paying all retirement and health costs, known as SGK. A single person with this income, after having to pay rent, would have a very basic life indeed. The current exchange rate is making Turkey a very interesting place for people to retire to. Many who have retired, and receive monthly pensions from their own county, find that the excellent exchange rates have meant that their Euros, Pound or Dollars now equate to much more lira than before. The bank interest rates on saving accounts are a fantastic way to have your money work for you. If you put some of your hard-earned lira into a Turkish bank account, banks are currently offering around 20% interest rates with monthly or 3 monthly payouts. Many expats use this as their “Pay Day” Let’s look at general monthly costs. House hold bills.
This normally comes to a shock for many, as owning a house in Turkey does not come with the endless fixed bills that we see in many countries. No Tv licenses no huge monthly council taxes.
GAS
Some areas have natural piped gas but most people by a bottle from a local shop costing around a 100 lira and lasts for cooking between 3 and 6 months and in some cases if you don’t cook much, up to a year.
ELECTRICITY
Some areas have natural piped gas but most people by a bottle from a local shop costing around a 100 lira and lasts for cooking between 3 and 6 months and in some cases if you don’t cook much, up to a year.
WATER
50 – 70 TL a month
COUNCIL TAX
Roughly 200 lira a year per person registered on the Tapu and may vary dependant on price band of your property
HOME INSURANCE
This is completely dependent on your property and its contents. From 300 to 3000 lira. An average 2-3 bedroom property will cost approximately 400.00 -700.000 TL
INTERNET
The one thing that we cannot live without these days, the all-important internet. This is on average around 70 lira per month. Good offers can always be found as there are many companies around, all fighting for your business.
SMOKING AND DRINKING
This used to be extremely cheap a few years ago. However, over the last few years we have seen these items becoming highly taxed. But for many people these are still classed as cheap, with a packet of 20 cigarettes costing about 10 lira. Beer in shops around 10 lira and wine anything from 20 to 50 lira a bottle, depending on brand and quality.
DRIVING
Owning a car In Turkey can be costly as fuel prices rise, many have chosen diesel or gas powered cars. A household would need to put about 3000 lira a year aside to cover taxes, insurance, mot and services.
HEALTH CARE IN TURKEY
Medical services in Turkey are controlled by the Ministry of Health. You must hold a residency permit to live in Turkey, if you want to stay longer than 90 days within a 180-day period. You must also have health insurance if you are under 65. Many people choose the government run SGK healthcare scheme. This would mean a married couple would need to put aside around 7000 lira a year.
Private, public and university hospitals, especially in Istanbul and Ankara, are equipped with the highest technology in the world. Approximately 700,000 foreign patients come to Turkey for treatment every year.
Turkey’s social security system, The General Health Insurance (GSS), offers free of charge, health services to all its citizens
The services under this system are:
• Examination Fees
• Medicine Expenses
• Surgeries And Organ Transplants
• Diagnostic Biochemistry, Microbiology, Pathology Examination, Radiological Examination And Imaging Performed During Inpatient Treatment
• Physical Therapy And Rehabilitation After Surgery
• Long-term Treatments Such As Chemotherapy, Radiotherapy, Dialysis, Etc
• Home Care Services For Chronic Patients, Disabled People And Elderly People
Turkey’s healthcare system has come to the fore across the world for the following reasons:
Private health insurance prices in Turkey are between 300 and 1,500 Euro and are much cheaper than many European countries.
Private hospitals have a high level of service and quality of care.
General Health Insurance covers certain private hospitals along with the right to benefit from all public hospitals and clinics.
President Recep Tayyip Erdoğan attended the partial opening of Başakşehir City Hospital in Istanbul on April 20. The hospital will assist in Turkey’s fight against the Covid-19 outbreak. “Turkey, standing on its own feet, is demonstrating its power at a time when international organizations are losing their meaning, ” said Erdoğan at the opening ceremony. President Erdoğan also stated that Turkey will produce 5,000 ventilators by the end of May. “While the world is facing difficulties, Turkey has successfully overcome hurdles to producing medical ventilators,” Erdoğan emphasized. The hospital will be fully operational on May 20. Previously, President Erdoğan announced that two large capacity hospitals will be built in the Atatürk Airport area and Sancaktepe in Istanbul to fight against Covid-19. Each hospital will have approximately 1,000 beds. “We will finish the construction works in 45 days and put them into the service of our nation,” said President Erdoğan.
RECOMMENDED TURKISH PROPERTIES FOR YOU
Yeni Mahalle 828. Sokak No : 9/B 
+90 256 811 52 53
+90 256 811 52 53
info@visionturkishproperties.com
