Name Choice in Turkish Citizenship Applications The Turkish Citizenship by Investment program provides applicants with the chance to change their name to a Turkish name. Applicants can either; Change their name to a Turkish name or Keep their names as they are (Note that there may be some adjustments needed to the original names in[…]Read More
Turkish Citizenship Application Process Citizenship applications can only be submitted after the investor has obtained their residence permit. The applications are made sequentially with the steps described below: A request is made for the citizenship appointment from the website of the Civil Registry and Citizenship Affairs Administration. The documents required to be included in the[…]Read More
Real Estate Acquisition by Foreigners Property Valuation in Turkey | Real Estate Appraisal Report In order for foreigners to own real estate in Turkey, it is imperative that the real estate they purchase be subject to the valuation process by valuation companies licensed by the Capital Markets Board before the title deed transfer process…Read More
The Obligation of Foreign Investors to Exchange Foreign Currency FREQUENTLY ASKED QUESTIONS There has been a new requirement to exchange foreign currency from the Turkish Central Bank with related regulations such as Article 13 of the “Capital Movements Circular of the Central Bank of the Republic of Turkey”, “the Regulation on the Implementation of the[…]Read More
VAT EXEMPTIONS Real estate sales made as a first delivery to foreign nationals and institutions not resident in Turkey, are exempt from VAT according to subparagraph (i) of Article 13 of the VAT Law. The principle of reciprocity, which is required for foreign persons to acquire real estate or limited real rights in Turkey, was[…]Read More
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