Foreigners Buying an Apartment from a Project in Turkey We will touch upon a very important issue for foreigners living in Turkey: "Buying an Apartment from a Project in Turkey". As RIXOS HOME, which has been operating in the real estate and construction sector for more than 20 years, we have extensive experience and expertise in this field and we would like to guide you in this article. Important...
Turkish Citizenship The Turkish Citizenship Turkey is a constitutional republic strategically located on three seas - the Mediterranean, the Aegean and the Black Sea. The Turkish Citizenship by Investment Programme was launched in January 2017. Rixos Home experts provide assistance in participating in this programme. The minimum investment threshold for the programme is USD...
Turkey's closed and open areas for residence permits List of areas closed to residence permits in Turkey. Residence permits in Turkey, in which areas you can obtain a residence permit. Due to the large number of foreigners residing in Turkey, the Migration Service of the Ministry of Interior has closed 1,169 neighbourhoods in different regions of the country for registration and primary residence...
Iskan in Turkey . Why is it so important to have Iskan document? Iskan in Turkey . Why is it so important to have Iskan document? The procedure for buying property in the Republic of Turkey is as simple and transparent as possible, which eliminates any risk to the investor. However, it is important at the stage of viewing apartments ask about the presence of all documents of title from...
Property taxes in Turkey What are property taxes? Purchase tax Annual property tax. Tax on the resale of immovable property 1. Purchase tax When the seller and the buyer finalise the deal, a tax contribution of 4% of the cadastral value stated in the TAPU must be paid. The fee must be paid by the buyer. On average, the tax for a 1+1 apartment starts from 1000 Euro. 2. Annual Property Tax...
Growth in housing sales to foreigners in Turkey approached 27 per cent The sale of real estate in Turkey to foreign citizens for 10 months was summarised. According to the country's Statistics Office, in January-October, foreigners bought just over 55,000 objects in Turkey. Sales growth compared to the same period last year amounted to 26.9%. According to the results of the above...
Winter in Alanya Winter in Alanya Those who decide to move to Alanya permanently wonder what Alanya is like during winter and what to do there. Alanya has a unique location: the warm Mediterranean Sea on one side and the Toros Mountains on the other, keeping out the colder, continental air currents. Alanya has a natural capsule that forms a distinctive climate with 320 sunny days a year!...
Life in Turkey in the pros and cons For natives of post-Soviet countries, the South Republic is a country that is exotic by default. Studying property prices in Turkey, a potential investor is both interested in the exotic and wary of it. But of course it is worth sticking to the 'golden mean'. No need to dare to move to a Turkish town without learning the realities of life in this country. But...
Property sales to foreigners in Turkey are strong, reaching record levels Continuing its rapid growth, the Turkish real estate market experienced the best May in the history of real estate sales to foreigners across the country. Moreover, the market achieved record sales to foreign buyers in every month since the beginning of the year. Sales to foreign buyers jumped 62.5 percent to 3,925...
Turkish Citizenship : More than 2,600 foreign investors naturalised in Turkey More than 2,600 foreign investors naturalised in Turkey According to the Ministry of Interior, the number of foreign investors who have been naturalised since last year's new rule easing the conditions for obtaining citizenship has reached 2,611. Together with family members, a total of 9,962 foreigners have been...
