IVM - Alanya
Immobilien Vertrieb München Ltd.
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Law & info

The registry law 5444 of January 7, 2006 determines the actual registry law and the regulations for the purchase of real-estate in Turkey.
The regulation is based on the reciprocity principle. The reciprocity principle guarantees citizens or companies of two different countries to have the same rights in either country!

Besides these, there are some other laws, which show limitations:

Local conditions:

A foreigner can only buy a real-estate in areas, which already have a local zoning ordinance. They are not allowed to buy real-estate in military-security- or strategic zones.

Zone limitations:

Up to 2.5 hectares of property can be bought by foreigners. For up to 30 hectares you need an allowance from the Ministry. In a province only 0.5% of the total area can be bought by foreigners.

Limitations for companies:

Purchasing of real-estate in Turkey is allowed for commercial organisations. Exceptions are for different foundations, clubs, cooperatives and public institutions. It is important to take into regard, that due to law about direct foreigner investments, the above mentioned restrictions are not valid for foreign capital!

Right of succession in Turkey:

In cases of immovable "property left" like real-estate etc. the Turkish right of succession is valid.
If a German leaves an immovable "property left" in Turkey, the inheritors need proof with an heir's certificate. This heir's certificate must be applied for by a minimum of one inheritor at the civilian court.
To get the heir's certificate at least one of the inheritors should apply to any Turkish civilian court. Should you leave something after a testament and the persons who get a compulsory contribution, and they are no inheritors, then it is necessary to have an heir-release.
This circle of persons include the husband, children, parents of testator, but also the brothers and sisters.

Foreigners have to pay taxes for inheritance according to Turkish law.

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