Tax Liability When You Are Buying A Real Estate In Turkey

According to the Fees Code, the total rate of Title Deed Fee is 4 %. Both the purchaser and the seller are liable to pay the title deed fee as 2 % of the price of real estate (except Value Added Tax). However, according to the President Decision dated 30/12/2018 and numbered 535, the total [...]

By |2019-03-15T13:29:14+00:00February 18th, 2019|Real Estate, Tax Law|Comments Off on Tax Liability When You Are Buying A Real Estate In Turkey

A New Law Eliminating VAT For Foreign Property Buyers In Turkey

Turkey’s parliament has approved an omnibus law which introduced an exemption of 18 percent of value-added tax (VAT) for foreigners who invest in real estate in Turkey. The law, which was passed by parliament late on Feb. 23, will also be applicable to Turks who live and work abroad for more than six months. Foreigners [...]

By |2018-01-26T15:34:22+00:00January 26th, 2018|Real Estate, Tax Law, Uncategorized|Comments Off on A New Law Eliminating VAT For Foreign Property Buyers In Turkey
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