Recent Changes In Short-Term Residence Permit Requirements Based On Property Ownership

Significant Changes Have Been Introduced In The Procedures Governing Short-Term Residence Permits In Turkey, Particularly Those Based On Property Ownership. Based On Verbal Confirmation Received From The Authorities At The Migration Directorate, The Minimum Property Valuation Required For Individuals Seeking A Property Ownership-Based Residence Permit Has Been Increased To A Minimum Of $200,000 USD. The Previous Threshold Stood At $75,000 USD.

Another Significant Change Concerns The Evidence Required To Determine The Value Of The Property. Applicants Will No Longer Need A Separate Valuation Report Issued By An Authorized Agency To Evidence The Property's Value. Instead, The Migration Directorate Will Directly Assess The Property's Valuation Using The Sale Value Indicated On The Title Deed. Therefore, Foreigners Who Are In The Process Of Purchasing Property With The Hope Of Using It For This Category Of Residence Permit Should Take Note Of The Sale Price Listed On The