Retire to Turkey
Retire to Turkey
Updated on Saturday 09th November 2024 Rate this article
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People who want to retire to Turkey can do so by respecting the visa and residency requirements. As there is no retirement visa in Turkey, foreign citizens must first obtain a temporary residence permit. Entry visas may also be required, depending on the country of origin. We invite you to read the following information about how to retire in Turkey, specifying that our Turkish lawyers can guide you from a legal point of view.
What are the steps for retirement in Turkey for foreigners?
As mentioned at the beginning of this article, there is no retirement visa in Turkey. However, those who want to retire to Turkey have various options at hand. The following procedures are important for retirement in Turkey for foreigners. Here's what it's all about:
- One can immigrate to Turkey for retirement purposes not before checking if a visa is needed. A tourist visa in Turkey allows stays for 90 days within 180 days.
- The next step is the application for short-term residency in Turkey, which is valid for 2 years.
- Private health insurance and proof of income, in this case, the pension, are required. The minimum amount accepted should be equivalent to at least the minimum wage in Turkey which is around EUR 573/month.
- The passport must be valid for at least 6 months.
- Retirement in Turkey for foreigners implies long-term residence that can be obtained after 8 years of living in this country. Once this status is obtained, there is no need for renewal.
Those who want to retire to Turkey can do so without much difficulty. Our immigration lawyers in Turkey can guide forigners in terms of the formalities to be completed and the documents to be prepared before presenting them to the relevant authorities. This way, they can move to Turkey for retirement purposes, having the services they need at hand.
Turkish residence by investment for retirement purposes
As there is no retirement visa in Turkey, the government offers various options for those interested in relocating to this country. So, if you want to retire to Turkey, you can make a minimum investment in the real estate sector, of at least USD 400,000. With this money, you can buy a property in Turkey, if you want to retire here. In this case, the residence permit valid for one year, with the possibility of renewal, can be issued. We advise you to collaborate with our attorneys in Turkey and learn more about the options for retirement in Turkey for foreigners.
Why is Turkey a great country for retirement?
Turkey is one of the top destinations for those who want to retire at a certain age. The pleasant climate, low cost of living, and the ease with which a residence permit can be obtained in Turkey are some of the aspects carefully considered before relocation. Here are other interesting information about Turkey:
- Istanbul is among the cities preferred by foreigners who want to retire to Turkey. More than 16,047,000 citizens live in this city.
- More than 4.74 million immigrants live in Turkey.
Retiring to Turkey is a process that requires specialized legal advice. The same is valid for obtaining citizenship by investment in Turkey, for example. We remind you that you can opt for the services offered by our law firm in Turkey and relocate to this country without any legal problems. We, therefore, invite you to contact us and request information about the services that interest you.
