Foreigners who buy real estate in Turkey are allowed to obtain residence permits of one year at most, according to new legislation on the Law of Foreigners and International Protection.
For long-term residence in Turkey, the applicant should submit the following documents to the local Police Department:
• 4 passport-size photos
• Photocopies of the following pages of the passport: the page bearing the applicant’s photo, the page stamped at the last entry, the page indicating the validity and expiry dates of the passport.
• A bank statement or a currency exchange slip testifying to an asset in the amount of USD 300 for each month.
To get a residence permit takes not more than three working days and costs about one hundred euros.