Turkey

Choose your desired property and ensure it has the necessary legal qualifications.
Open a Turkish bank account for the purchase funds.
Get a property valuation and approval from a Turkish government expert.
Transfer the property deed at official “Noter” offices.
Deposit funds into the seller’s account and receive your title deed.
Based on the property value, you can apply for temporary residence and eventual Turkish citizenship.

No purchases in military or security zones.
Foreigners can own up to 30 hectares.
A property worth $400,000 grants a two-year renewable residence permit. Ownership can also lead to permanent residence and citizenship.
Foreigners can buy a maximum of 10% of real estate in any specific region.
Land bought for construction must be developed within two years.
Property purchase agreements must be made in official Turkish consulting offices.
Ensure your home country is eligible for property purchases in Turkey.
To aim for permanent residence and citizenship, buy property from a Turkish national.

Passport and photos (two 3×4).
Proof of residence from home country.
Turkish bank account and local tax code.
For property deed transfer: original and translated passport, photos of both parties, district municipality documents, earthquake insurance papers, and official translator if needed.

Transfer fees: 2% by both buyer and seller based on declared property value.
VAT: Generally 18%. Properties under 150 sq.m. attract 1% VAT.
Stamp duty: 0.15% – 0.75% based on the contract value.
Rental Income Tax: Scaled from 15% – 35%.
Property taxes: Residences (0.1%), Other buildings (0.2%), Land (0.1%), Farming land (0%), and Vacant land (0.3%).
Capital Gains Tax: Marginal rate of 15% – 35% for properties owned post-January 1st, 2007, and held for over 5 years.
Inheritance Tax: Ranges from 1% – 30% based on asset value.

Ensure to consult with a legal professional for the most up-to-date information and personalized advice.