The types of residence permit in Turkey vary depending on the purpose of staying in Turkish territory.
These include tourist residence, work residence, real estate residence, student residence, and various others.
Business residence in Turkey stands out as a form of government facilitation provided to foreign investors in Turkey to start their businesses and establish companies in the country.
Business Residence in Turkey:
- Business residence in Turkey is an official permit to commence business activities in Turkey, issued by the Chamber of Commerce in the city where the foreign trader operates.
- It is granted to business owners and their partners when establishing companies, factories, or facilities in Turkey.
Advantages of Business Residence in Turkey:
Business residence in Turkey offers several advantages, including:
- Official recognition as a trader in Turkey, registered with Turkish official authorities.
- A formal document recognized by all Turkish embassies, consulates, and border crossings.
- Social privileges for foreign businesspeople in Turkey.
- Discounts at some Turkish restaurants, cafes, and hospitals for holders of business residence permits.
- The opportunity for business residence permit holders to apply for Turkish citizenship.
- Support when applying for entry visas to foreign countries.
Requirements for Obtaining Business Residence in Turkey:
- The requirements for obtaining a business residence permit in Turkey are straightforward and include:
- An employment contract from the company in the applicant’s name or as a partner.
- Submission of invoices and customs data for goods, in the name of the trader.
- Importing goods into Turkey with a total value of at least $500,000 in the year preceding the application for business residence in Turkey.
How to Obtain Business Residence in Turkey:
To obtain a Turkish business residence permit, the following steps must be taken:
- Establish a company in Turkey or be a partner in one.
- Complete the business residence permit application form and sign it.
- The processing time for obtaining a business residence permit in Turkey is approximately 10 days from the date of application submission. It will be sent to the applicant’s address through the Turkish postal service (PTT).
- The appearance and color of the business residence permit card may vary based on the city where the foreign trader operates. Approval and printing are done by the Chamber of Commerce in the province.
Important Notes About Business Residence in Turkey:
- Business residence permits in Turkey should only be used by the permit holder.
- The transfer of business residence permits from one person to another among new partners is not possible.
- Business residence permits in Turkey are free of charge and do not incur any fees from the Chamber of Commerce.
- The validity of a business residence permit in Turkey is three years, renewable.
- In case of losing the business residence permit, the Chamber of Commerce must be informed to obtain a replacement.
Business residence in Turkey serves as a tool for traders to legally conduct their business activities in Turkey, facilitating import, export, and overall trade in the country.