Foreign citizens who can legally buy property in Turkey  

Citizens and commercial corporate entities of the countries with which reciprocity agreements have been signed and companies established in line with Foreign Direct Investment Law No. 4875 in Turkey, may purchase real estate in Turkey provided that the property is not located in military and security zones or rural areas.

This means that the right to buy property in Turkey is given to the citizens of those countries, where Turkish citizens can buy property – this is called the reciprocity principle. According to this principle citizens of most European countries can legally buy and own real estate in Turkey.
Yet for some nationalities there are special restrictions. For example, citizens of Denmark require residence permit issued in Turkey for 6 months, and plus to military permission approval from the main land registry is required.
Citizens of Check Republic, Bulgaria, Rumania, Iran, Iraq, Syria and some others cannot buy property in Turkey as private persons. These nationalities will be able to buy property in Turkey if they register company in Turkey. Foreign citizens can register company in Turkey, it is not necessary to have a Turkish partner.
If you have any question concerning your nationality, please contact us and we will be happy to help you.

Legal Informations

If you decided to purchase a property in Turkey, you should be aware of all legal specifications concerning your right to buy a property as a foreign citizen, what must be stated in the title deed and how many people can legally own a property in Turkey, what the inheritance procedure in Turkey is like and if you plan on a permanent stay you should know to obtain residence permit in Turkey. The answers to these questions you can find right here.

• Title deed – Tapu

• Foreign citizens who can legally buy property in Turkey

• Inheritance in Turkey

• Residence permit in Turkey

 

Taxes

Taxation is the essential part of expenses throughout the buying process and the future property maintenance. In case you rent out your property in Turkey or decide to devise or resell it, you should know what the taxation rates will be like. You can find the information on most common taxes in Turkey related to property owing in the articles below.

• Property tax

• Annual property tax

• Rental income tax

• Capital gains tax

• Inheritance and gift taxes

In case you have not found the answer to your question regarding property legislation and taxation it Turkey, please contact us, and we will gladly provide you with the information you need.

 

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