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About Residence by Investment Law in Alanya, Turkey

Residence by Investment (RBI), sometimes called citizenship or golden visa programs, allows foreign nationals to obtain residency—and eventually, in some cases, citizenship—by investing in Turkish real estate or other eligible assets. Alanya, a picturesque city on the Turkish Riviera, is a popular destination for such investment due to its vibrant property market, attractive lifestyle, and strategic location. Through the RBI scheme, investors can obtain a short-term or long-term residence permit, dependent on the nature and size of their investment, and become eligible for permanent residency or citizenship after fulfilling certain criteria.

Why You May Need a Lawyer

Navigating the legal, financial, and bureaucratic complexities of Residence by Investment in Alanya can be daunting, especially for first-time investors in a foreign country. A lawyer specializing in Turkish immigration and real estate law may be invaluable in situations such as:

  • Reviewing and drafting purchase agreements for property investment
  • Ensuring your investment meets legal requirements for residency or citizenship
  • Submitting and tracking your residence permit application
  • Communicating with local government offices on your behalf
  • Resolving possible disputes over property title, taxes, or inheritance issues
  • Ensuring compliance with evolving Turkish immigration laws and regulations

Local Laws Overview

Residence by Investment in Alanya operates under national Turkish laws with some local administrative considerations. Key aspects include:

  • Investment Threshold: To qualify for residence, the current minimum investment in real estate is USD 75,000 in metropolitan cities (including Alanya's province, Antalya). Higher amounts are required for citizenship.
  • Title Deeds (Tapu): Legal ownership of real estate is confirmed with a “tapu.” This process involves registration at the Land Registry Office in Alanya.
  • Official Valuation: The property must be valued officially to ensure it meets the minimum investment requirement. Valuation reports should be obtained via licensed appraisers.
  • Residence Permits: The initial residence permit is typically short-term (1-2 years), renewable as long as the property is owned. Long-term residency may be available after 8 years of uninterrupted lawful stay.
  • Citizenship: Citizenship by investment requires a minimum investment amount of USD 400,000 and the property must not be sold or transferred for at least three years.
  • Legal Restrictions: Some military zones or designated regions may not be open to foreign property ownership. Lawyers can clarify which districts in Alanya are eligible.

Frequently Asked Questions

What is the minimum investment required for residence by real estate investment in Alanya?

The minimum investment amount for obtaining a residence permit by real estate purchase is currently USD 75,000 for properties in Antalya province, which includes Alanya. For citizenship, the requirement is at least USD 400,000.

Does buying property in Alanya guarantee residency or citizenship?

Purchasing property alone does not automatically grant residency or citizenship, but it allows you to apply for a residence permit. Citizenship requires a higher investment and compliance with additional requirements.

Can family members also receive a residence permit through my investment?

Yes. Your spouse and children under 18 (or dependent adult children with special needs) can be included in your residence permit application.

How long does it take to obtain a residence permit in Alanya?

Typically, residence permits are processed within 60 days, though timing can vary depending on documentation and government workload.

Do I need to be in Turkey for the entire application process?

You must be present to complete certain steps, such as biometrics and property registration, but a lawyer can represent you in many stages via power of attorney.

Is it possible to rent out the property I buy for residence purposes?

Yes, property owners are generally allowed to rent out their property, but taxation and local regulations must be followed.

What if my residence permit application is rejected?

You have the right to appeal a rejection or reapply after correcting the reasons for denial. Legal advice is highly recommended in such cases.

Can I sell the property after getting my residence permit?

Yes, you can sell your property, but if you do not have another qualifying property, your residence permit may not be renewable. For citizenship, properties must not be sold for at least three years.

Are there restrictions on the type or location of properties foreigners can buy in Alanya?

Yes, certain areas may be off-limits due to military or security considerations. A lawyer can assist in verifying property eligibility before purchase.

What documents are needed to apply for the residence permit?

You generally need your passport, proof of property ownership (tapu), property appraisal report, health insurance, tax ID, biometric photos, and proof of financial means. Requirements may change, so legal guidance is recommended.

Additional Resources

For those seeking more information or wishing to consult trusted bodies, consider contacting:

  • Directorate General of Migration Management (Göç İdaresi): The government department responsible for residence permits.
  • General Directorate of Land Registry and Cadastre (Tapu ve Kadastro Genel Müdürlüğü): For property ownership matters.
  • Local law firms in Alanya specializing in immigration and real estate.
  • Turkish Bar Association (Türkiye Barolar Birliği): To verify lawyer credentials.
  • Consulate of your home country in Turkey: For assistance with translation, documentation, or emergencies.

Next Steps

If you are considering pursuing Residence by Investment in Alanya, Turkey, follow these steps:

  1. Decide on the type and amount of investment that matches your goals (residence permit or citizenship).
  2. Consult with a lawyer specializing in Turkish immigration and real estate law to assess eligibility and identify eligible properties.
  3. Conduct thorough due diligence on selected properties, including title deed checks and valuation reports.
  4. Sign a purchase agreement and complete the property registration, with legal assistance to ensure compliance.
  5. Collect and prepare all necessary documents for your residence permit application.
  6. Submit your application at the local Directorate General of Migration Management office in Alanya or through your legal representative.
  7. Monitor your application status and attend necessary appointments as scheduled.
  8. Renew your residence permit as required, maintaining all legal obligations and keeping abreast of changing laws.
  9. Seek legal advice promptly if you encounter issues such as permit rejection, property disputes, or changes in investment eligibility.

By following these steps and seeking appropriate legal counsel, you will significantly increase your chances of a safe and successful investment in Alanya while enjoying the benefits of residency in Turkey.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.