FAQ
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IKAMET is an identification document of a foreigner who is living in Turkey. In other words, it is a kind of a residence permit, which you must have if you want to stay in Turkey for more than three months. For example, when you rent a property in Turkey. To get IKAMET you don't have to learn Turkish or register in the police every month. It...
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There are two types of property insurance in Turkey: mandatory Dogal Afet Sigortalari Kurumu (DASK) and voluntary. The mandatory insurance was introduced after the law № 587 "On compulsory insurance against earthquakes" was adopted in 1999. This is valid for buildings within the territory of municipalities. To ensure the financial stability of...
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When purchasing property in Turkey, opening an account with a local bank makes your stay in the country much more comfortable. With this account, you can receive money transfers, pay utility and telephone bills online, shop online on Turkish sites, top up your travel card, and etc. Many banks offer accounts in various currencies: Turkish lira, US...
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As soon as you have found your perfect home, it is time to deal with the actual property transaction, which includes several steps. Turkey offers a simplified procedure of buying a property to foreigners. However, you may face some challenges because of the language barrier and not knowing the local legislation. That is why to avoid any possible...
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The property market in Turkey is considered one of the cheapest in Europe. Therefore, this destination is very popular among foreigners. Every year more and more people buy cheap property in Turkey. The most popular regions are Istanbul and the coastal line of Turkey, especially the Mediterranean resorts. As a rule, property here is more...
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Unfortunately, buying a property in Turkey does not give you the right to work legally in this country. However, there are a couple of options how to do this: 1. get a work permit or work visa. To apply for this type of visa, you need first find a job. After that, your employer provides you with the required papers, which you submit to the Ambassy...
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A Tapu is an official title deed verifying that you a rightful property owner. This certificate gives an owner legal title to the property and this title cannot be contested in court. A Tapu is issued by the Land Registry Office. A Red TAPU is issued if you become an owner of a land plot with a constructed property and this certificate lists the...
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No, there is no need to have written consent from your relatives. If you really want to buy a property in Turkey - you can do it without anybody’s permission. You do not need consent from relatives or your spouse to buy any property you have chosen, a villa or a penthouse or an apartment. Buying a property in Turkey without consent from your...
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According to the Turkish real estate legislation, residents of over 180 countries can acquire properties in Turkey. In fact, the Turkish real estate market attracts a lot of foreign buyers. One of the reasons is that various payments and tax charges in Turkey are much lower than in the EU. For instance, property acquisition tax, which is 4% of the...
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