Turkey has recently updated its residency rules, introducing several changes for foreigners seeking to live in the country. Here are some key highlights:
- Tourist Residence Permit: Foreign citizens can now obtain a tourist residence permit for up to 6 months, with the possibility of extension. This permit allows for longer stays than the standard 90-day visa.
- Real Estate Investment: The minimum real estate investment required for obtaining a residence permit has been increased from $75,000 to $200,000 USD.
- Indefinite Residence Permit: To be eligible for an indefinite residence permit, foreigners must reside in Turkey for at least 8 years. During this period, they can travel abroad for no more than 90 days annually.
These new rules aim to streamline the residency process and attract more foreign investment. However, it's essential to check for the latest updates and requirements before applying for any Turkish residency permit.
