If a foreigner owns a property in Turkey, he/she gets residence permit which is renewed every year if he/she keeps the ownership.
No! You may buy property in Turkey without the residence permit.
There are 2 ways to get Turkish citizenship:
1- Fast way is to buy property worth of 250.000 USD or higher��OR
2- Buy any valued property and keep it for 5 years with renewing your residence permit.
The ownership document (title deed) is called as TAPU�in Turkey.
The Tapu (Title Deed)� is an�official registry document in Turkey. It proves that you have ownership rights over the property.�This ownership document is your registry at Land Registry and Cadastre Directorate.
The appraisal report is a report showing the real price of a property that you are buying or selling. When one buys a property, Land Registry and Cadastre requests appraisal report verified by CMB (SPK in Turkish) before the title deed transfer to secure the deal against fraud. This process takes 3 - 6 days.
Yes and No. There are restrictions to sell the property to foreign companies. If you invest in a factory or industrial production, your foreign company may own. If you only want to buy and sell a property, foreign companies are not allowed. Governor Committee of the province will decide if a company might own property or not.
Yes. The taxation system is exactly same for everybody. Please check the �closing costs� in useful info part in our website. These taxes given should be paid to the government while purchasing a property.
No. Even if you go by yourself or through the consultancy of our company, same prices are offered by the developers. Even, as we are experts in this business, we know how much discount you can get depending on the project. For that reason, in many cases we will help you to get a better price than normal.� Sometimes, the developers might also have special promotions for our company as we have numerous sales in some periods.
In order to open a bank account, firstly you need to go to a Tax office with your passport and get a Tax number. After that you need to provide; 1- a statement showing your current address (it could be an electricity or gas bill, or a statement from your bank in your country), 2- your passport and 3- your tax number�to the Turkish bank you want to open an account in.
Foreign visitors can stay in Turkey for maximum 90 days with Tourist visa. After you hold the title deed, this gives you automatically one year residency permit. You can do the application online through Foreigners Police website.
Yes. Your wife and your children under 18 years old can also get residency permit after your application.
A copy of your passport translated into Turkish, 4 passport sized photos and a Turkish tax number to be able to purchase a property in your name.�
State property tax and environmental cleaning tax. However, these are relatively low and mostly less than 100Euro all together.
Only in rural areas and military areas. In the real estate development areas where we promote, there are no restrictions imposed.
Upon the completion of the fees the Title Deed is to be issued. In case the completion of paying the fees date is longer than the completion date then the deed registration is going to be once all the fees are paid.
Yes � all the properties we deal in Turkey are �freehold�.