Investing in Türkiye

1. Obtain a Turkish tax number (foreigner ID).
2. Open a Turkish bank account and transfer funds.
3. Sign sales contract & pay deposit (typically 25%).
4. Apply for military clearance (automated, 2–3 weeks).
5. Title deed (TAPU) issued at the Land Registry.

• Title deed fee: 4% of declared value (often split).
• VAT: 1–18% depending on property type (foreigners may be VAT-exempt on first purchase).
• Annual property tax: 0.1–0.6% depending on type & city.
• Rental income tax: 15–40% progressive (deductions available).

Any property purchase grants a renewable 1–2 year residence permit. The CBI route delivers full citizenship in 3–6 months.

Real estate investors and their immediate family qualify for short-term residence permits. The Turquoise Card grants long-term residence for high-skilled investors.

Türkiye offers citizenship in 3–6 months with a USD 400,000+ real estate investment (must be held for 3 years).

• Includes spouse and dependent children under 18.
• No residency requirement.
• Visa-free travel to 110+ countries.
• Path to E-2 investor visa in the USA.

Long-term yields range from 4–7% in Istanbul to 6–8% in coastal tourist areas. Short-let yields in Bodrum & Antalya regularly exceed 10% in season.

USD-denominated capital appreciation has been strong: prime Istanbul +15% annually 2022–2024. Coastal markets show stable, lifestyle-driven demand.

Branded residences expanding in Istanbul. Bodrum's superyacht infrastructure attracting UHNWIs. Strong currency arbitrage opportunity for USD/EUR buyers.

All foreign purchases require independent valuation by a SPK-licensed appraiser. We work only with bar-registered Turkish real estate lawyers.