foreign nationals

Foreign buyers to get title to property in ONE day

Revised foreign nationals military clearance process will reduce the time overseas property buyers register title deed (TAPU) in Turkey to just ONE day. This means easier mortgages, access to better bargains and auction deals, as well as a safer and more transparent real estate purchase process. This will open up opportunities for foreign nationals to participate in bank repossessions, property auctions and distressed sales. Real estate investments from overseas expected to increase by up to 30% in the forthcoming 18 months.

foreign nationals , military clearance , tapu , title deed turkish property title
2013-November-03

Tax and Turkish real estate

Income tax liability in Turkey depends on residency. If you are regarded as Turkish resident, then you will be liable to pay income tax in Turkey. If you are not Turkish resident, then you are not liable to pay taxes in Turkey except for tax on earnings derived in Turkey such as real estate taxes.

capital gains tax , foreign nationals and tax , income tax turkey , property taxes in turkey , tax on rental income
2013-December-23