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You should know

purchasing power of attorney TAPU contract mortgage visa taxes customs utilities business

Buying property in Turkey

1.1

Who can buy a real estate in Turkey?

1.2

Where and what type of property can foreigners buy?

1.3

Forbidden zones

1.4

Size limitation

1.5

What is the legal framework for property ownership?

1.6

What is the legal framework for property ownership?

Everything about a TAPU (title deeds)

3.1

What is a TAPU? What does it look like?

3.2

Meaning of the terms on a TAPU

3.3

How to check the details?

How to contact relevant professionals?

2.1

Types of properties, finding property, contacting real estate agents

2.2

Are you advised to hire a solicitor?

2.3

How to contact Turkish solicitors who speak Russian?

2.4

Can you assign someone for your all transactions? Power of Attorney

2.5

Use of institutional expertise: Real Estate Investment Trusts

2.6

Are there any (universal) mortgage companies in Turkey?

2.7

Real Estate Appraisal Companies

2.8

How to find financial resources to buy property in Turkey?

Basic steps

4.1

Double checking the property

4.2

2 Preparing a draft contract

4.3

Having the draft contract translated

4.4

Having the contracts notarised

4.5

Payment terms of the contract

4.6

Application to the TAPU Office

4.7

Documents asked by the TAPU Office

4.8

How are FDI and foreign companies treated by TAPU Offices?

4.9

Issuance of a new TAPU by the Office

4.10

Declaration of acquisition to the local government

Other important points in buying a property

5.1

Overdue Real Estate Tax Debts

5.2

Overdue debts for utility services

5.3

Current Tenants

5.4

Double Checking the Registry Records

5.5

Appropriateness of the building

5.6

Buildings under construction

5.7

Construction of a building on a land

5.8

Residency Permits for Newly Constructed Buildings

5.9

Housing Co-operatives

Taxes & Compulsory insurance

6.1

Basic property-related taxes

6.2

What gains can be attained through property? Are those gains taxed?

6.3

Taxes and Compulsory Insurance

6.4

Preparation of wills and transfer of property to the heirs

6.5

Divorce settlements

6.6

Agreements for the Avoidance of Double Taxation

Why to avoid tax evasion?

7.1

Are you a tax evader?

7.2

Can the financial penalties charged on a tax evader be amnestied? How?

7.3

The principal term of the financial penalty and interests charged on a tax evader

7.4

Risk of paying much more personal income tax in case of a sale

7.5

Risk of being paid very low compensation in case of nationalisation

7.6

Risk of re-mortgaging your property at a lower value

7.7

Risk of being involved in an anti-money laundering activity

7.8

Risk of being included in the black lists of financial organisations

7.9

Other important points

Liabilities, utilities & other legal issues

8.1

What are the liabilities of an (foreign) owner?

8.2

Electricity, gas, water, telephone, and heating issues & utilities

8.3

Can you transfer the money you make through your property abroad?

Residing in Turkey & bringing your items to Turkey

9.1

Residence visa requirements

9.2

Can you bring your household or office items to Turkey?

9.3

Can you bring your pets to Turkey?

9.4

Can you bring your car to Turkey?

9.5

Can you bring and use your mobile in Turkey?

9.6

How much money can you bring into Turkey?

9.7

How much money can you take out of Turkey?

9.8

How much jewellery can you bring to Turkey or abroad?

9.9

Does your social insurance scheme cover your health expenditures in Turkey?

Establishing your own business or working in Turkey

 

Additional information

Moscow telephone: +7 (495) 545 4703; Turkey telephone: +90 533 478292.

Email: info@yourturkey.ru.

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