Ownership in Turkey

 

In May 2012 a new law was implemented by the Turkish government which opened the Turkish property market to nationals of more than 129 different countries.

Some rules still remain in place, such as that which states real estate owned by a foreign national in a Turkish town can’t exceed 10% of the town’s land area and a foreign national can’t purchase more than 300,000 sqm of land in Turkey without first acquiring approval from the ministry of interior in Turkey.

 

Nationals of these countries CANNOT buy property in Turkey at all:

 

Armenia

Syria

North Korea

Nigeria

Cuba

Yemen

 

Restrictions are in place for nationals of the following countries to buy

Property in Turkey, but they can still buy real estate in Turkey:

 

China

Jordan

Fiji

East Timor

Denmark

 

Nationals of the following countries CAN now buy property in Turkey:

 

The United Arab Emirates

Saudi Arabia

Lebanon

Kuwait

Azerbaijan

Kazakhstan

Turkmenistan

Uzbekistan

Kyrgyzstan

 


 

Nationals of this countries have some restrictions on the type of property that they can buy in Turkey:

 

Morocco

no agricultural land permitted

Egypt

no agricultural land permitted

Latvia

no agricultural land permitted

Afghanistan

no agricultural land permitted and they need special permission for other types of property

Albania

Can only buy residential property and office space in Turkey. No other type of property in Turkey permitted

 

Nationals of the following nations need to obtain permission from the Ministry of Interior in Turkey before they can purchase:

 

China

Iran

Palestine

Iraq

India

 

Foreign nationals of the following countries CAN buy property in Turkey

Without any special permissions needed:

 

Argentina

Belgium

Belize

Benin

Bosnia

Brazil

Slovakia

Bulgaria

Burkina Faso

Burundi

Chad

Estonia

Finland

UK

France

Republic of Cote D’Ivoire

Gabon

Gambia

Germany

Guinea

USA

Georgia

Dominican Republic

Croatia

Holland

Ireland

Spain

Serbia

Sweden

South Africa

Switzerland

Italy

Canada

Kenya

Romania

Colombia

South Korea

Kosovo

Libya

Lebanon

Mali

Peru

Moldova

Northern Cyprus

Luxembourg

Monaco

Namibia

Niger

Portugal

Norway

Poland

 

 

 

 

 

Ownership In Turkey