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Property Taxes

Property Taxes in Turkey in 2020

When you are thinking to buy a property in Turkey, you should surely take into account the closing costs which are one time payments while receiving the title deed / ownership of the property. Purchasing Tax (Title Deed Tax): First thing you have to know is the purchasing tax that needs to be paid to the government which is 4% of the sales price …

Buying Process

Real Estate Buying Process in Turkey

Buying a Property Through a Developer As a foreigner, buying a property through a developer is very easy process in Turkish real estate market nowadays. Most of the developers have English speakers in order to assist international clients whereas you can find information in their websites and brochures in English as well. Usually we recommend firstly you to decide in which area in Istanbul …

Residence Permit

Turkish Residence Permit Application 2020

Foreigners who buy properties in Turkey are granted one year residency permit after buying a property. Website for the Application The application is made online after receiving the title deed of the purchased property. Click here to apply. “I lodge an application for residency permit for the first time” will be choosen to start the application and next steps will be followed. The system will automatically give an …

Citizenship

Turkish Citizenship by Investment in 2020

There are several ways for a foreigner to get Turkish nationality in order to be a citizen of Turkey and to use its benefits. Types of Application for Turkish Citizenship The most recent law about the nationality subject was announced on 19th of September 2018 by Turkish government. According to this, there are three new ways about granting Turkish nationality to foreigners by Investment in Turkey. …

2013-2018 Sales

2013-2018 Property Sales Statistics in Turkey

Overall Sales in Turkey According to the verified data given by TUIK (Turkish Statistical Institute), overall sales in Turkey might be seen on the table below. The country has kept the increasing trend during all the years almost. In 2018, 1.375.398 apartments were sold in total in Turkey. Istanbul, the most Demanded City Istanbul has always been the most demanded city in Turkey both …

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