The problem of residence permits, the most significant common problem of foreigners who would like to buy a house in Turkey and the builders, is set to be solved.
Mr. Erdoğan Bayraktar, Minister of Environment and Urbanism, said that the validity period of residence permits granted to foreigners who buy a house in Turkey, which is currently 3 months, can be extended to 1.5 years.
RESIDENCE PERMIT FOR THREE MONTHS
Mr. Erdoğan Bayraktar stated that there was no condition for reciprocity in developed countries and foreigners were allowed to buy houses in Turkey adding, “For now, a residence permit is granted for 3 months, which can be extended to 6 months or 1.5 years. Then we shall increase it further. I have submitted this to the attention of the Prime Minister; God willing, that point will be confirmed.”