T.R.

REQUIRED DOCUMENTS
APPLICATION MINISTRY FOR THE ENVIRONMENT
AND URBANISATION, TITLE AND
a) Letter of application;
CADASTRE GENERAL DIRECTORATE,
Real or legal entities who FOREIGN NATIONAL PROCEDURES
b) Title record details and copy of map section to scale, with wish to acquire property in Turkey
coordinates; must apply to the title directorate
BRANCH DIRECTORATE
c) A letter of undertaking stating that the title of the property together with the current owner of
or institution of restricted real rights will be acquired in order the property. Applications vary
to perform the activities set out in the company articles of according to the practices at the
association, and signatory circular belonging to the authorised relevant title directorates, but are
representative of the company who has signed the letter of generally accepted before
undertaking; lunchtime.
Appointments can also be made for the procedures
d) A letter of authorisation showing that the company is without going to the directorates, by calling the Call
permitted to hold property and the name of its authorised
Centre (Alo 181) or through the internet, from
representative;
http://randevu.tkgm.gov.tr, with your identification
e) A document showing the current shareholding status of numbers.
the company;
Turkish companies which possess international capital
f) For companies where foreign investors have a say in the should first make an application to the Provincial Planning and
management of the company, a certified copy of the articles Coordination Directorate of the Governor’s Office in the region
of association obtained from the commercial registration where the property is located, and then to the title directorate,
directorate at which the company is registered. together with the positive response it receives from there.
USEFUL INFORMATION FOR FOREIGNERS These companies may also apply in person, through the post or
WHO WISH TO ACQUIRE PROPERTY IN via e-mail.
TURKEY
• Agreements for the transfer of ownership of title are only
Foreign National
THE ACQUISITION OF
entered into at title directorates in Turkey. Matters related to the Title
property, such as whether there is a lien or an attachment etc. Real and Legal
restriction on the property, or whether there is any restriction on Entities Directorates PROPERTY BY FOREIGN
the sale of the property should be checked from the title
directorate.
NATIONALS IN TURKEY
• Enquiries on properties can be made by entering the province,
district, quarter / village, block and parcel number details of the
property at http://parselsorgu.tkgm.gov.tr. Thus, the fundamental Provincial Planning
data for the property, including its position on the ground, and Turkish and Coordination DETAILED INFORMATION
apart from personal information, can be reached via the internet, companies with Directorate of the
from anywhere in the world. international Governor’s Office in
capital the region where the
property is located For Foeign Real and Legal Entities
• While foreign nationals are not required to have residency
permits in Turkey in order to be able to acquire property here,
short term residency permits, with a maximum term of one year, The Ministry for the Environment and Urbanisation, Title
are issued to foreign nationals who own property in Turkey, and Cadastre General Directorate, Foreign National
through the Foreign Nationals and International Protection Procedures Branch Directorate
Legislation numbered 6458, which provides new, easier conditions
for foreign nationals who acquire property in Turkey. Telephone: +90 312 551 42 72 / +90312 55142 56
Fax: +90 312 413 68 52
• In the event of any dispute between the parties in
E-mail: bilgiedinme@tkgm.gov.tr / yabanciisler@tkgm.gov.tr
Web: www.tkgm.gov.tr
connection with the acquisition of property, the matter needs
to be referred to the judicial authorities and legal proceedings Address: Dikmen Cad. No:14 06100 Bakanlıklar/Ankara/ Turkey
brought at the courts of the region where the property is
located.
For Turkish companies with international capital
• TKGM overseas representation offices are being established in
order that Turkish nationals who live abroad and foreign nationals The ministry for the Economy, Incentives Practices and
may be able to carry out their title and cadastre procedures in the Foriegn Capital General Directorate, Legislation Branch
country where they are situated. Title and cadastre procedures are Directorate
able to be carried out at the Title and Cadastre Representation
Office located in the Berlin Consulate General within this scope. Telephone: +90 312 204 81 73 / Telephone: +90 312 204 85 33,
E-mail: tasinmaz@ekonomi.gov.tr
Web: www.ekonomi.gov.tr
Address: İnönü Bulvarı No:36 06510 Emek/Ankara/ Turkey
 THE EXISTING
LEGISLATION
There are three different concepts of foreign nationals on the subject of
the acquisition of property in Turkey:
• Foreign national real entities;
• Foreign legal entities; and
• Turkish companies with international capital.
While the provisions concerning the acquisition of property by foreign
national real and legal entities were constructed under article 35 of
the legislation numbered 2644, the provisions concerning companies
with international capital were constructed in article 36.
I. THE ACQUISITION OF PROPERTY BY
FOREIGN NATIONAL REAL ENTITIES
Bakanlar Kurulunca belirlenen ülke vatandaşı
Real entities are able to acquire property in Turkey. The Council
of Ministers is authorised to stipulate special conditions in this
respect, if it deems necessary.
Foreign national real entities are able to acquire all types of
property (homes, places of business, land, etc.) where private
ownership is possible.
Foreign national real entities who acquire real estate without
any buildings on it (land) are required to develop a project and
to submit this project for the approval of the relevant Ministry
within two years.
Information can be obtained from the Embassies / Consulates
and Title and Cadastre General Directorate, Foreign National
Procedures Branch Directorate of the Republic of Turkey,
regarding the nationals of which countries are able to acquire
property and real rights in Turkey.
LEGAL RESTRICTIONS RELATED
TO THE ACQUISITION OF
PROPERTY BY FOREIGN NATIONAL
REAL ENTITIES
A foreign national real entity may only acquire a maximum of 30
hectares of real estate and real rights within the country. The
Council of Ministers is authorised to double this amount if it
wishes.
While it is not possible for foreign national real entities to own or
rent property which is situated within prohibited military zones,
they may own and rent property within special security zones,
subject to obtaining permission from the Governor’s Office.
Foreign national real entities may acquire property and restricted
real rights up to 10% of the areas which are subject to private
ownership, of the surface area of a district.
There are no restrictions for the establishing of liens in favour of
foreign national real entities.
Where real estate without buildings have been acquired in a
manner which violates the provisions of the legislation and where
it has been determined that these properties are used in a manner
which does not comply with the purpose of their acquisition,
where applications have not been made to the Ministry on time or
where projects have not been carried out on time, and where
property and restricted real rights have been obtained by way of
inheritance, which is excluded from the provisions which restrict
the acquisition of property by foreign national real entities, the
owner is required to transfer the said property or restricted real
rights within the period – which cannot exceed one year - to be
determined by the Ministry of Finance. If it has not been possible
to transfer these, they will be liquidated and the price paid to the
owner.
REQUIRED DOCUMENTS
a) The title deed or its village / quarter, block,
parcel, building, independent unit details;
b) Identity document or passport, blue card
issued after 12.04.2013;
c) „Market value“ certificate for the property, obtained from the
relevant municipality;
d) Mandatory earthquake insurance policy for buildings;
e) One photograph of the seller and two photographs of the
buyer (taken in the last six months and 6x4 in size);
f) Certified translator in the event that one of the parties does
not speak Turkish;
g) If the transaction is to be performed with a power of attorney
which has been prepared abroad, the Turkish translation and
certified copy of the power of attorney.
Duty, as determined (percentage) in the schedule numbered 4
annexed to the Legislation on Duties numbered 492, and revolving
capital fees, as determined (percentage) in the schedule numbered 3
annexed to the legislation numbered 6083, will be collected. These
rates are subject to change every year for title transactions.
The conditions a power of attorney prepared abroad is required to
possess for it tob e taken into consideration at the title
directorates:
a) They should be in statutory form in accordance with the powers
of attorney prepared by Turkish consulates in relation to the disposal
of property; or
b) They should be in the official language of the country where they
have been prepared, and have been prepared by the organisations
which are authorised to issue powers of attorney abroad.
The following are also required:
i. In the event that the power of attorney has been issued
in a country which is a party to the La Hague Convention,
it should contain an apostille, or a certification by the
Turkish consulate in the same location, that the
signature of the authorised officer on the power of
attorney belongs to the organisation which is organised
to sign it;
ii. In the event that the power of attorney has been issued
in a country which is not a party to the La Hague
Convention, a certification by the Turkish consulate in
the same location, that the signature of the authorised
officer on the power of attorney belongs to the
organisation which is organised to sign it.
THE ACQUISITION OF PROPERTY BY FOREIGN LEGAL
ENTITIES
Commercial companies which have been established only in
their own country, according to the laws of their own country,
are able to acquire property and restricted real rights in Turkey,
as foreign legal entities. Foreign legal entities other than such
commercial companies (foundations, associations, etc.) may not
acquire property and restricted real rights may not be
established in their favour.
It is only possible for commercial companies which are legal
entities and which have been established according to the laws
of their own country, to acquire property through international
agreements or as a result of special legal provisions. The primary
special legislation on this matter are the Turkish Oil Legislation
numbered 6491, the Tourism Incentives Legislation numbered
2634 and the Industrial Regions Legislation numbered 4737.
There are no restrictions concerning the establishment of liens in
favour of foreign commercial companies.
II. THE ACQUISITION OF PROPERTY BY
TURKISH COMPANIES WITH FOREIGN CAPITAL
Uluslararası yatırımcıların;
Companies which are established in Turkey, are legal entities and
where foreign capital owns fifty percent or more of the shares, or
the authority to appoint and dismiss the persons who manage
the company, are able to freely acquire property and restricted
real rights in Turkey, in order perform the activities set out in
their articles of association.
The said companies are required to make an application to the
Provincial Planning and Coordination Directorate of the
Governor’s Office in the region where the property is located.
In the event that the property which is the subject of the
acquisition falls within as military prohibited zone or a military
security zone, the acquisition of the property is subject to the
permission of the Presidency of the General Staff, and in the
event that it falls within a special security zone, to the permission
of the Governor’s Office in the region where it is located.
Should the result of the application to acquire property be
positive, the Governor’s Office will inform the company /
enterprise and the title directorate in writing, in order that the
registration procedures can be carried out.
ACQUISITIONS EXCLUDED FROM THE
PERMISSION PROCESS
• The establishment of liens;
•convertedAcquisitions
into money;
of ownership within the scope of liens being
•arising from
Transfers of property ownership and restricted real rights
the merger and division of companies;
•regions, technology
Acquisitions within organised industrial regions, industrial
development regions and free trade regions;
•are deemed
Acquisitions which occur as a result of transactions which
to be loans within the framework of the relevant
banking legislation or those which occur for the purposes of the
collection of debts.
Companies with foreign capital where less than 50% of the
shares are owned by international investors, or where international
investors do not possess the authority to appoint and dismiss tyhe
pewrsons who manage the company are exempt from the
requirement of obtaining permission from the Governor’s Office for
their property and restricted real rights acquisitions.