FAQ – Permanent Residency (PR)

The most important questions you should know about Permanent Residency (PR).

Permanent residency is a person’s legal resident status in a country or territory of which such person is not a citizen but where they have the right to reside permanently. This is usually for a permanent period; a person with such legal status is known as a permanent resident.

FAQ - Permanent Residency

The main difference between citizenship and permanent residence lies in the rights and privileges each status grants. Citizenship provides full rights, including the ability to apply for a passport, vote in national elections, and hold public office. On the other hand, permanent residents have the right to live and work in the country but are not eligible for these benefits, particularly the right to apply for a passport. Permanent residency typically offers long-term stability without granting full political rights and is often considered a stepping stone towards obtaining citizenship.

The Turkish Citizenship by Investment Program (CBI) offers a pathway to citizenship through financial investment, particularly in real estate. To qualify for citizenship, applicants must make a minimum investment of more than $400,000 in Turkish real estate. This investment must be maintained for at least three years to ensure that the applicant meets the program’s requirements. In addition to the citizenship route, there is also a residency permit option available. This requires a lower investment of $200,000 in non-restricted areas of Turkey, which allows individuals to obtain residency without the immediate intent of citizenship. This flexibility makes the program attractive to foreign investors seeking to enjoy the benefits of living in Turkey while considering their long-term options. The program is designed to stimulate the Turkish economy and attract investors from around the world, providing a viable path toward obtaining citizenship through investment.

Obtaining a Turkish residency permit offers numerous advantages. As a Muslim-majority country with a democratic and Westernized lifestyle, Turkey provides a welcoming environment for diverse cultures. Its excellent year-round climate, coupled with stunning natural beauty — from beautiful beaches to green forests and lakes — makes Turkey an attractive destination for living.

The country offers a high quality of life with access to free healthcare and educational facilities. Its globally renowned Turkish cuisine ensures food security, and Turkey is a safe and family-friendly environment. As a G20 and NATO member and an EU candidate country, Turkey holds a significant geopolitical position, providing residency holders with potential visa-free travel to the EU (Schengen zone) and easier access to long-term visas for the US, UK, Canada, and Australia.

Additionally, Turkey’s strategic location between Europe, Asia, the Middle East, and Africa makes it a regional powerhouse with vast business opportunities. Whether you choose to live in vibrant Istanbul or any other part of Turkey, the country offers an unmatched lifestyle, combining modernity with rich traditions.

Yes, you can live permanently in Turkey, but you must obtain a Residency Permit to do so. Residency permits allow foreigners to stay long-term in Turkey and are subject to specific regulations. Depending on your purpose of stay — whether for work, family, or investment — there are different types of residency permits available. Once you acquire your permit, you can enjoy all the benefits of living in Turkey, including its excellent healthcare, education, and lifestyle.

To obtain a Turkish residency permit, one option is through property investment. This route has become increasingly popular among foreign investors due to Turkey’s attractive real estate market and the benefits associated with residency. If you invest in property worth at least $200,000 in Turkey, you can apply for a residency permit. This investment must be made in residential property, and it is crucial to ensure that the property is free from any legal encumbrances to meet the requirements set by the Turkish authorities. Once you have successfully made your investment, you can initiate the application process for the residency permit.

The residency permit granted is renewable every two years, as long as you maintain ownership of the property. This means that as long as you continue to hold the investment, you can enjoy the privileges that come with being a resident. The residency permit allows you to reside in Turkey legally, which opens the door to a variety of benefits, including access to the country’s healthcare system and educational services. Additionally, having a residency permit may facilitate easier travel within the region, as well as potential eligibility for citizenship after a certain period of residency. It is advisable to consult with a legal expert or a real estate professional in Turkey to navigate the application process efficiently and ensure compliance with all local regulations.

Yes, you can open a bank account in Turkey without a residence permit. As long as you have a Turkish Tax ID number, you are eligible to open a new account. A residence or work permit is not necessarily required to complete this process. Many banks in Turkey allow foreign investors and individuals to establish accounts for various financial needs, even without permanent residency.

You must apply for a residence permit in Turkey within the period allowed by your visa or visa exemption. This application is essential for individuals who wish to stay longer than the duration permitted by their initial visa. It is crucial to ensure that the application process is initiated before your current visa expires to avoid any legal complications. To begin, gather all necessary documents, such as your passport, proof of accommodation, and any required forms specific to your residency category. Once you have compiled these documents, submit your application to the appropriate authorities, typically at the local Directorate General of Migration Management.

Failing to apply for a residence permit before your visa expiration date may lead to overstaying your legal limit in Turkey. This can result in significant consequences, including hefty fines, deportation, or restrictions on future travel to Turkey. Additionally, overstaying can complicate any efforts to extend your stay legally, as future applications may be scrutinized or denied based on your previous visa violations. Therefore, it is in your best interest to adhere to the application timeline and ensure compliance with Turkish immigration regulations.

By law, the processing of residence permit applications in Turkey is expected to be completed within 90 days. If there are any delays or extensions in the processing time, the authorities will provide updates regarding the status of your application. It’s important to track the process and ensure all required documents are submitted correctly to avoid any unnecessary delays.

To apply for a residence permit in Turkey, your passport (or an equivalent travel document) must be valid for at least 60 days beyond the requested residence permit period. This ensures that your travel document remains valid for the entire duration of your stay, plus an additional safety margin.

If you’re applying for a residence permit on your own, the only essential document you need to bring to Turkey is your passport. However, if you’re applying with your family members, additional documentation is necessary. It’s advisable to consult a Turkish immigration lawyer to ensure you obtain all the necessary documents for family applications. Your lawyer will guide you on the specific documents required for your family members.

Certain districts in Istanbul are currently not open to foreign residents for applying for a residency permit. Districts like Esenyurt and Fatih fall under this category. For the most accurate and updated information on residency permit regulations, it’s recommended to refer to the official website of the Directorate General of Migration Management at goc.gov.tr.

If your visa or residence permit expires before your appointment date, it’s not a problem. Foreigners with expired visas and residence permits are allowed to remain in Turkey until their appointment date as long as they have their application form with them. This policy is designed to provide peace of mind and flexibility for individuals navigating the visa application process. It is essential to keep the application form accessible, as it serves as proof of your ongoing application and your intention to regularize your stay.

While you are permitted to remain in the country, we advise you to refrain from engaging in any activities that may violate the terms of your visa or residence permit, such as employment or study, until your new permit is issued. Additionally, it is wise to ensure that you have all necessary documentation ready for your appointment to facilitate a smooth application process. By being organized and informed, you can help alleviate any potential stress related to your visa or residence status.

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The real estate market in Turkey, especially in Istanbul, has expanded tremendously during the last period and has become the focus of attention by investors worldwide thanks to large profits and side benefits offered, such as the Turkish citizenship investment program. As a result, many people have gone to Turkey intending to invest in real estate, especially with the many advantages obtained from owning and residing in real estate in Turkey. In addition, Turkey is one of the most beautiful countries in the world.

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