Turkey — Property: Foreign Ownership

Key facts

• Foreigners do not need a residence permit to buy property in Türkiye.
• Foreign natural persons may not acquire or lease real estate in prohibited military zones or military security zones; special security zones need the governor's permission.
• Total acquisition by foreign natural persons may not exceed ten percent of a district's area where private property is allowed.
• A foreign natural person may acquire up to 30 hectares anywhere in Türkiye; the Cabinet can approve larger areas.
• Foreigners who acquire property are granted renewable short-term residence permits under Law No. 6458.
• Buying real estate worth at least USD 400,000 with a declaration not to sell for three years opens the citizenship route.

Steps

1. Step 1: Obtain a tax identification number — A foreign buyer must obtain a Turkish tax identification number before purchasing property.
2. Step 2: Comply with specific regulations for certain types of property — Buyers of agricultural land and forestland must comply with additional regulations and requirements.
3. Step 3: Register property with the Turkish government — Buyers must register their property with the Turkish government, including paying applicable taxes and fees.