5 YEAR RESIDENCE PERMIT AT ONE TIME / 5 YEAR RESIDENCE PERMIT FROM TURKEY

Is it possible to get a five-year residence permit in Turkey? We will talk about it in this blog post. If you meet the following conditions, you can get a 5-year residence permit from Turkey.

Is it possible to get a five-year residence permit in Turkey? We will talk about it in this blog post. You can get a 5 year residence permit from Turkey if you protect it under the following conditions.

a. Persons making a capital investment of at least 500,000 USD (US Dollars) in Turkey. (The Ministry of Industry and Technology is authorized to determine the process. While the required amount for the application was 2 million USD before 2018, it was reduced to 500 thousand USD with the regulation dated September 19, 2018. In addition, the conformity determination authority is transferred from the Ministry of Economy to the Ministry of Industry and Technology. In addition, the article stating that the equivalent of different foreign currency types in US Dollars is also suitable for application has been added on this date.)

a. Capital investments of at least 500,000 USD (US Dollars) in Turkey are persons. (The Ministry of Industry and Technology is authorized for the process. While the ministry required for the application was 2 million USD before 2018, it was reduced to 500 thousand USD with training on 19 September 2018. Translation. In addition to these, different USD expressing the eligibility for the application This article has been added as an appendix.)

b. Persons who have purchased real estate in Turkey worth at least 250,000 USD (US Dollars). (In this transaction, a 3-year not-sold annotation must be placed in the land registry. The Ministry of Environment and Urbanization is authorized for the determination of the transaction. While the required amount for the application was 1 million USD before 2018, it was reduced to 250 thousand USD with the regulation dated 19 September 2018. In addition, The article stating that the equivalent of different foreign currency types in US Dollars is also suitable for application was added on this date. In the following way, an annotation in the land registry with the commitment that the contract, which is prepared in the notary public, stating that the sale of the property, for which a condominium or floor easement has been established and for which at least 250 thousand USD or equivalent foreign currency or TL Turkish Lira has been deposited in advance, promises to be sold for a period of three years. ” was added.)

b. Persons who have purchased real estate in Turkey with a value of at least 250,000 USD (US Dollars). (In this transaction, a 3-year not-sold annotation must be placed in the land registry. The Ministry of Environment and Urbanization is authorized for the determination of the transaction. While the required amount for the application was 1 million USD before 2018, it was reduced to 250 thousand USD with the regulation dated September 19, 2018. In addition, The article stating that the equivalent of different foreign currency types in US Dollars is also suitable for application was added on this date. An annotation in the land registry with the commitment that the contract, which is prepared in the notary public, stating that the sale of the property, for which a condominium or floor easement has been established, at least 250 thousand USD or its equivalent in foreign currency or TL Turkish Lira has been deposited in advance, will not be transferred or canceled for a period of three years. added” phrase.)

c. Persons who employ at least 50 people in Turkey. (The Ministry of Family, Labor and Social Services is authorized to determine the process. While the number of Turkish employees required for the application was 100 before 2018, it was reduced to 50 with the regulation dated 19 September 2018. In addition, the eligibility determination authority is from the Ministry of Labor and Social Security. and translated into the Ministry of Social Services.)

c. Persons who create employment by hiring at least 50 people in Turkey. (The Ministry of Family, Labor and Social Services is authorized to determine the process. While the number of Turkish employees required for the application was 100 before 2018, it was reduced to 50 with the regulation dated 19 September 2018. In addition, the eligibility determination authority is from the Ministry of Labor and Social Security. and the Ministry of Social Services.)

d. Persons who deposit at least 500,000 USD (US Dollars) in a bank or banks operating in Turkey . (The deposit in question should be kept in the account for 3 years. The Banking Regulation and Supervision Agency is authorized to determine the transaction. While the required amount for the application was 3 million USD before 2018, it was reduced to 500 thousand USD with the regulation dated 19 September 2018. In addition, The article stating that the equivalent of different foreign currency types in US Dollars is also suitable for application was added on this date.)

d. Persons who deposit at least 500,000 USD (US Dollars) worth of deposits in a bank or banks operating in our country. (The deposit in question should be kept in the account for 3 years. The Banking Regulation and Supervision Agency is authorized for the determination of the transaction. While the required amount for the application was 3 million US Dollars before 2018, it was reduced to 500 thousand US Dollars with the regulation dated 19 September 2018. In addition, The article stating that the equivalent of different foreign currency types in US Dollars is also suitable for application has been added on this date.)< /span>

e. Persons who purchase Government debt instruments worth at least 500,000 USD (US dollars) in Turkey. (The said instruments should be kept for 3 years. The Ministry of Treasury and Finance is authorized to determine the transaction. While the required amount for the application was 3 million USD before 2018, it was reduced to 500 thousand USD with the regulation dated 19 September 2018. In addition, the compliance determination authority is the Treasury. Translated from the Undersecretariat to the Ministry of Treasury and Finance.)

e. Persons who purchase Government debt instruments worth at least 500,000 USD (US dollars) in Turkey. (The said instruments should be kept for 3 years. The Ministry of Treasury and Finance is authorized to determine the transaction. While the required amount for the application was 3 million USD before 2018, it was reduced to 500 thousand USD with the regulation dated September 19, 2018. In addition, the compliance determination authority is the Treasury. It has been translated from the Undersecretariat of Treasury to the Ministry of Treasury and Finance.)< /span>

f. At least 500,000 USD (US Dollars) worth of real estate investment fund participation shares or venture capital investment funds participation shares in Turkey purchasers. (The said shares should be held for at least 3 years. The Capital Markets Board is authorized to determine the transaction.)

f. Persons who purchase real estate investment fund participation shares or venture capital investment funds participation shares worth at least 500,000 USD (US Dollars) in Turkey. (The said shares should be held for at least 3 years. The Capital Markets Board is authorized to determine the transaction.)