Tax is often equivalent to 1% or 8% of the sale value depending on the type of property and is charged to every sale in Turkey and obtained by the tax department from the seller, which in turn receives it from the buyer.
For foreigners, there is an exemption from tax under the following conditions:
There is no official residence in Turkey.
To be the first owner of the property which receives it directly from the construction company.
He must not have an actual stay in Turkey for more than 180 days.
Do not sell the property for one year.
The documents are secured in the above and apply for tax exemption and in case of desire to obtain Turkish citizenship must apply for tax exemption and obtain it before applying for the investor’s residence
The Turkish economy is one of the 20 strongest in the world, opening up various investment opportunities.
The Turkish passport ranks 38th in the world for 2019, and the holder is entitled to travel to 71 countries without Visa, 44 countries to obtain the visa upon automatic arrival, and two countries are granted a visa online directly and routinely.
The possibility of medicine and education at lower prices than the majority of neighboring countries and with a quality classified globally.
Increasing and growing investment features in Turkey with facilities for Turkish nationality holders.
Family members of a foreign investor under the age of 18 are granted the right to turkish citizenship with the investor.