No, not necessarily; you can hire a power of attorney for all legal procedures on your behalf. You can also benefit from our online purchasing service. You can contact us for further details.
All nationalities can own property in Turkiye except for Syria, Cuba, North Korea, South Cyprus, and Armenia.
To buy a property in Turkiye is an easy process, in two to three days after selecting your preferred property, you can have your contract.
The title deed (TAPU) is a legal document that creates and safeguards property rights; it contains; the property’s location, size, category, and owner’s name.
You can open a Turkish bank account within half a day if you have the required documents. Also, there is no cost to opening a bank account.
Housing tax rates in Turkey are really low compared to other countries. For residential properties, it is 0.2%, and for commercial properties, it is 0.4% in big cities. In small cities, 0.1% for residential property and 0.2% for commercial property.
The required amount to apply for the Turkish Citizenship by Investment Program is 400.000 USD.
The Turkish Citizenship program is a fast process, it usually takes between three to five months to obtain the citizenship.
As for Turkiye, legally, it accepts dual nationality. Therefore, you can keep your birth nationality.
Your family, spouse, and children under 18 can also obtain Turkish citizenship
No, you have to hold your property for three years as required.
Unfortunately, if your children are 18 years old or above, they can not be registered with your name on the property title deed; therefore, they can not apply for citizenship. If you wish for your child to obtain citizenship, you can make the purchase but only register your child’s name on the property.
Not necessarily; if you love to explore the city, public transportation is available everywhere. The IstanbulKart can be charged at every station and can be used for every means of transport; Metro, tramway, train, ferryboats, buses, and metro buses. Visitors and residents of Turkey actually prefer public transportation networks due to their accessibility and fast connection.
In some cases, the title deed of the property can still be under issue, so buyers who wish to apply for Turkish citizenship can obtain a notarized contract to apply for citizenship.
In Turkey, a tax number is essentially your identification number. It is required for all financial transactions and non-resident registration procedures.
To obtain a tax ID number, you will essentially need three things, your passport (must be valid), a photocopy of your passport’s ID page, and a tax identification number application form. You can apply for it online, which will require you to have a Turkish phone number. Also, you can do this in person; you just need to go to a tax office, which can be found in every district in Turkey.
The land owner sets the price for the property.
Yes, every investor has the right to rent their property monthly or annually.
According to the regulation, the real estate agent fee is 2%+VAT of the sales price. This rate is charged from the buyer. However, the seller usually includes this fee within the property price. Therefore, most of our projects include this fee in the price.
When you purchase real estate in Turkey that is worth 75.000 USD and above in major cities, and 50.000 USD is required in smaller cities, you can obtain a Turkish residence permit, which is renewable yearly.
This depends on the purpose of your purchase, and both options have their own pros and cons. However, the ready-to-move properties do not offer installment plans, so you have to pay in cash in most cases. If you wish to gain a higher profit, you can opt for an under-construction property with a secure installment plan with a potential 50% profit margin.
Yes, your children have the right to inherit your property.