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The legal basis for buying property in Turkey

The legal basis for buying property in Turkey

  • Apply the principle of reciprocity in real estate in the Republic of Turkey (Article 35 of the Property Law 2644).
  • This means that the Turkish immovable has the right to buy the citizens of the countries that allow the law to acquire the immovable property by Turkish citizens.
  • Since 2004, Turkey, property opened in a welcoming way to Russia - has entered into a takeover by Russian citizens of Turkish property law.

When buying property in Turkey, foreign legal persons must comply with the following restrictions:

   1.The object must not be in military enclosures and security zones.

   2.The permission of the Council of Ministers must be obtained for the immovable property to have an area of ​​more than 30 hectares (excluding inherited properties).

are not subject to restrictions:

   1.Money transfers through banks and private financial institutions (payment of property value, sales or rent income)

   2.The cost, type or amount of objects purchased by each foreign buyer.

The residence permit of the Ministry of Foreign Affairs (one and a half months) is issued on the basis of a one-time long-term visa granted to the owners of Turkish real estates, TAPU (ownership of real estate) and the Turkish Embassy. A residence permit is granted for one year, but is renewable.

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