Can a foreigner own
property in Turkey?
Yes a foreigner can own property in Turkey.
However, Turkish law makes a distinction between the rights of a foreigner and the rights of a local person when it comes to owning property. It does not matter from which part of the world the foreigner comes. The same restrictions will apply.
However, Turkish law makes a distinction between the rights of a foreigner and the rights of a local person when it comes to owning property. It does not matter from which part of the world the foreigner comes. The same restrictions will apply.
Certain areas of Turkey are designated as military zones. A
foreigner will, generally, not be permitted to own property within a military
zone.
For many years, the process of establishing whether a piece
of land was located within a military zone – and so whether you would be able
to buy it – was time-consuming. You had to make an application to the Army of
the Aegean, who would then issue a certificate confirming that the land was (or
was not) in such a zone. This could take months.
Recently, the position has become a lot simpler. The Army of
the Aegean has deposited a map showing the location of all military zones at
the Cadastral (Land Registry) Office. A check can be made there. It typically
takes 4-6 weeks and costs TRY200.
There is one further restriction on the rights of foreigners
to own land in Turkey. That is that no foreigner may own a piece of land in
excess of 30 hectares (74 acres). That is quite a lot of land! If this is not
enough for you, you can make an application to the Council of Ministers, and
the limit can be increased to 60 hectares. Whether this application will
succeed will depend upon where the land is located and the commercial rationale
behind what you’re doing. This rule was put in place, basically, to protect
Turkish agriculture from foreign intrusion.
One other matter that may cause you concern is that, for
many years, the only foreigners who were allowed to buy land in Turkey were
people who came from countries that gave Turkish people the reciprocal right to
buy land in their country. This was not a problem for people from most European
countries or the US, but it was an issue if you came from some Middle Eastern
or Far Eastern countries. We mention this ‘problem’ only because people are
likely to mention it to you but, in fact, it isn’t a problem at all any more.
When the financial crash came in the late 2000s, Turkey wanted to sell land to
people from the Middle East to replace the buyers from the UK and Germany who had
dried up. As a result, this rule was cancelled. It now doesn’t matter which
country you come from; you will be able to buy land in Turkey unless it is in a
military area.

Yorumlar
Yorum Gönder