Mobile +90 532 212 45 90

CALL US +90 242 324 54 94

My Favorites ( 0 )
View My Favourite Properties

Every nationality can buy real estate in Turkey

18.09.2011

Buying real estate in Turkey will be open for every nationality

Turkish Environment and Urban Planning Minister Erdoğan Bayraktar has said the government is preparing a draft bill to pave the way for almost unrestricted real estate sales to all foreigners.

Legislation has been drafted that will remove the principle of reciprocity, meaning that all foreign citizens will be able to buy real estate in Turkey even if their own countries don't grant comparable rights to Turks.

 Mr. Erdoğan BayraktarAt the meeting "AK Party 2023 Vision for Brand Cities" in Kahramanmaraş on Saturday 17.09.2011, Mr. Bayraktar said: "We will not sell the land that we are not supposed sell for military or security purposes, but we will remove all obstacles before the sale of property representing investments to all countries' citizens that will create employment and increase the quality of life and exports in Turkey".

Turkey has reciprocity rule at real estate sales to foreigners

Currently, there are 89 countries citizens do not have the right to own property in Turkey since Turkish citizens are not entitled to a similar right in their countries, among which are Iran, Russia, Azerbaijan, Kazakhstan, Kyrgyzstan, Turkmenistan, the Arabic Gulf countries.

Once allowed to purchase property in Turkey, the nationals of these countries are expected to show strong interest in Turkish real estate.

Update: This news came true. Read the new situation about buying property in Turkey here: https://www.antalyahomes.com/title-deed-transfers-in-turkey-restarted-for-foreigners

Real Estate News19.09.2020
You Can Buy a Property By Crypto Currency With Just One Click
18.08.2020
Architectural House Styles in Turkey
11.08.2020
Explore Turkish Realty’s First Issue is Published!
27.07.2020
Best Places to Buy a Holiday House in Mediterranean Region
16.07.2020
It is the Right Time for Buying Property in Turkey
14.07.2020
New Preferences on Turkish Property Market After COVID-19
4.07.2020
Buying a Car and Traveling to Turkey
26.06.2020
From Antalya Homes Emlak AŞ to Tekçe Overseas Gayrimenkul AŞ
READ ALL NEWS
GO TO
TOP