As we look back from 2024, we celebrate the multi-faceted impact that Ikamet.com, the largest online resource for expats living in Turkey, has had on simplifying and enriching the lives of countless individuals seeking new horizons in this vibrant country. From citizenship and residency to property investment, insurance, and numerous other aspects of expat life in Turkey, Ikamet has been an unwavering source of support, guidance, and invaluable information for expats.
Reflecting on Ikamet's journey, we commemorate its steadfast dedication to providing its audience with exclusive content and tailored support, enabling them to navigate the complexities of expat life with confidence and ease. Through its in-depth articles, comprehensive resources, and expert insights, Ikamet has played a transformative role in demystifying Turkey's bureaucratic processes and facilitating the transition into the Turkish way of life for expats from all corners of the globe.
Join us as we celebrate Ikamet's exceptional contributions to the expat community in Turkey, delving into its unique accomplishments, groundbreaking initiatives, and unwavering mission to build a brighter, more connected future for all those who choose to call Turkey their home.
Significant Changes in Residency and Citizenship Laws in Turkey
In 2023, the Turkish government implemented significant changes in residency and citizenship laws that have directly impacted expat life in the country. On October 16, 2023, the residency by investment amount increased from $50,000-$75,000 to $200,000 across all regions in Turkey. However, it's noteworthy that expats can still obtain residency for a lesser value, even for $100,000, but this will grant them a tourist permit (Class E) instead of a path to citizenship (Class B). Residency requirements have also evolved, with expats applying for citizenship through a 5-year process, whether through work or property investment, required to learn Turkish, register their address, connect utilities in their name, and maintain adequate funds in a blocked Turkish bank account. Additionally, the rumored value of obtaining citizenship via investment is set to increase from $400,000 to $600,000 in January 2024. It is now mandatory for citizenship applicants who opt for the fast-track investment route to provide criminal reports. Additionally, it is essential to note that the option to obtain citizenship by purchasing land without a home is no longer available.
2023 residence permit renewal requires: registration at current address, utilities in your name, sufficient funds in a Turkish bank account. Tourist permit holders must submit a travel itinerary in most regions.
The Importance of Partnering with Authorised and Registered Agencies
To ensure a seamless residency or citizenship application process in Turkey, it is vital to collaborate with authorized and registered agencies that are well-versed in the latest rules and regulations set by the Presidency of Migration Management. At Ikamet, we hold a 99.9% success rate in residency and citizenship applications and have two managing attorneys to assist you. We are authorized agents with the Türkiye Tourism Promotion and Development Agency (TGA) as Türkiye Specialists, the TOBB Insurance Directorate as an Insurance Agent, and hold a Level 5 Real Estate Consultant Certificate for supervising real estate consultants.
Special Discounts for Expat Insurance Assistance
To support expats in Turkey even further, Ikamet is excited to offer a special discount of up to 80% on health insurance for our customers. We guarantee to beat any registered insurance agency's price by an additional 10%, with some conditions applied*.
New Resources and Membership Plans for Expats
Ikamet provides a wide range of resources, including a new customer handbook and helpful information on our website, tailored to expats living in Turkey. To ensure ongoing support, we have introduced our Premier Plus and Premier Pro membership tiers, offering exclusive benefits and assistance.
Anticipated Developments in 2024
As we look forward to 2024, we anticipate more regulations regarding the residency and citizenship process in Turkey. However, we believe that the Turkish government will implement a more straightforward process for new applicants seeking residency, making it easier for expats to build their lives in Turkey.
Questions for foreign residents in some regions include Turkish language proficiency, integration into society, marital and criminal record.
Ikamet's Commitment to Expat Life in Turkey
Over the past five years, Ikamet has successfully served over 4,000 customers, and our unwavering commitment to our customers remains strong. As we celebrate Ikamet's accomplishments, we remain steadfast in our efforts to provide valuable information, expert guidance, and unrivaled support to expats in Turkey. We look forward to continuing our work in making Turkey a place for people to invest smart, live better, and build a bright future for themselves and their families.
As we approach 2024, we extend our warmest wishes for an enjoyable holiday season and a prosperous new year to all our valued customers. Let us continue to work together to make Turkey an unforgettable experience for each and every expat.
Embracing a Bright Future with Ikamet
The landscape of expat life in Turkey has experienced significant changes in recent years. Ikamet remains committed to offering reliable guidance and valuable resources to expats navigating these shifts. Our goal is to help you successfully adapt to Turkey's evolving regulations and harness the benefits of living in this vibrant country. As we approach 2024, we are confident that with Ikamet's expert advice and unwavering support, expats can continue to invest smartly and live better in Turkey.
Discover how Ikamet, your Turkey residency advisor, can be your indispensable partner in navigating expat life in Turkey by visiting our website. Explore our membership options for ongoing support and take advantage of our wealth of resources as you forge your path to a prosperous and fulfilling future in this captivating country.