Second Home Visa (E33A)
5-10 year residence for high-net-worth individuals—no work permitted
Overview
The Second Home Visa (E33A Second Residency) is designed for high-net-worth individuals seeking long-term residence without business involvement. Requires $130,000 bank deposit OR $1 million property purchase. Duration is 5-10 years. Key limitation: holders CANNOT work in any capacity—including remote work. This is purely a residence permit.
Who It's For
Wealthy retirees, property investors, those seeking vacation residence without work needs
Requirements
Application Process
- 1
Choose Financial Path
Bank deposit ($130k) or property purchase ($1M)
- 2
Establish Finances
Complete deposit or property purchase
- 3
Prepare Documents
Financial proof, passport, photos
- 4
Submit Application
Apply through immigration
- 5
Approval
Receive 5-10 year residence permit
Costs
| Fee Type | Amount |
|---|---|
| Application Fee | $2,000Government fees |
Path Forward
Path to Permanent Residency
Long-term residence; can transition to KITAP after 5 years.
Path to Citizenship
Citizenship requires additional steps including language proficiency and continuous residence.
Tips
- The deposit remains yours—it's not a fee
- Consider if no-work restriction fits your lifestyle before applying
- Consult property lawyer if going property route—ownership rules complex
Common Mistakes
- Not understanding the NO WORK restriction—includes remote work
- Buying property in wrong name (foreigners have restrictions)
- Underestimating the capital commitment
DIY vs. Hiring a Lawyer
Immigration lawyer and property lawyer strongly recommended given financial stakes.
Need Help with Your Application?
Compare other visa options or find immigration lawyers who can help.