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Foreigners buying/selling real estate in Turkey no longer need to provide expert evaluation
Foreigners buying/selling real estate in Turkey no longer need to provide expert evaluation
June 14, 2024
In Turkey, there have been changes related to the documentation of the purchase/sale of real estate by foreign citizens. The latter now do not need to provide expert evaluation of the real estate at the execution of a sale.
Important! If a foreigner acquires real estate for the purpose of acquiring Turkish citizenship, the obligation to provide expert assessment remains.
Important! The General Directorate (Department of Foreign Affairs) reserves the right to request a report on the valuation of immovable property if it deems it necessary.
Reference to the law: https://www.tkgm.gov.tr/turk-vatandasligi-kanununun-uygulanmasina-iliskinyonetmelik-hakkinda-duyuru-0
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