The landscape of Turkish residence permits has undergone significant changes in 2024. Alanya Firm and Nergizler Law And Consultancy are at the forefront of guiding expatriates through these new regulations. Let's explore the key updates that have reshaped the residence permit application process in Turkey.

Updated Criteria for Tourist Residence Permits

The Turkish authorities have introduced new conditions for issuing tourist residence permits, aiming to attract high-value visitors and investors. These changes reflect Turkey's strategy to boost its economy and enhance the quality of its tourism sector.

The revised criteria for obtaining a tourist residence permit include:

• Real estate ownership: Foreigners who own property in open areas with a TAP value below $200,000 can now obtain a residence permit for up to two years. This provision extends to immediate family members, including spouses and minor children, potentially increasing Turkey's appeal to international property investors seeking long-term stays.
• Extended tourist stays: For those planning prolonged visits, residence permits can be issued based on paid hotel reservations and round-trip air tickets. This change caters to long-term tourists who contribute significantly to the local economy, aligning with Turkey's goal of attracting more affluent visitors.
• Retiree provisions: Foreign retirees with a confirmed monthly income of at least 1.5 times the Turkish minimum wage (currently 17,002 TL) can secure a residence permit for up to two years. This provision is particularly attractive for retirees looking to enjoy Turkey's climate and lifestyle.

Financial Requirements and Economic Impact

The new rules introduced by the Turkish migration service, Göç İdaresi, in April 2024 have established a correlation between a tourist's financial expenditure in Turkey and their ability to extend their residence permit. Alanya Firm and Nergizler Law And Consultancy emphasize the importance of understanding these financial thresholds:

• Six-month initial permit: Foreign citizens are now granted a tourist residence permit for up to six months, with the possibility of extension based on their financial contributions to the Turkish economy.
• Extension criteria: The extension of a residence permit is now contingent on the level of financial expenses incurred by the tourist during their stay in Turkey. This policy aims to encourage higher spending and investment in the country.

Understanding and navigating these new Turkish residence permit rules is crucial for anyone planning an extended stay in Turkey. Alanya Firm and Nergizler Law And Consultancy stand ready to provide expert guidance through this evolving regulatory landscape, ensuring that expatriates can make informed decisions about their residency status in Turkey.