house grafik

Who Can Buy Property in Turkey?

house grafik In previous years before 2012, Turkey had a strict reciprocity law in place which restricted many nationals  from buying property in Turkey unless a Turkish national could in return, buy a home in that respected  country.

 However in May 2012 a new law was implemented by the Turkish government which lifted a large amount  of these restrictions and opened the Turkish property market to nationals of more than 129 different  countries.

Some rules still remain in place, such as 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 300,000sqm of land in Turkey without first acquiring approval from the ministry of interior in Turkey.

We will break down the following lists of foreign nationals who can buy property in Turkey:

Nationals of these countries cannot buy property in Turkey at all – Who can buy  property in Turkey

Armenia
Syria
North Korea
Nigeria
Cuba
Yemen

Restrictions are in place for nationals of the following countries to buy property in Turkey but can still buy real estate in Turkey

China
Jordan
Israel
Fiji
East Timor
Denmark

Some regions in Turkey have restrictions for nationals of certain countries buying property in Turkey. However these nationals can still buy property in other regions of Turkey

Russian and Ukrainian nationals can’t buy property along the Black Sea coast of Turkey.
Greek nationals are not permitted to purchase real estate in the Black Sea coast and some Aegean districts of Turkey

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 31 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 these following countries can buy property in Turkey without any special permissions being needed

USA
Germany
Argentina
Belgium
Belize
Benin
Bosnia and Herzegovina
Brazil
Bulgaria
Burkina Faso
Burundi
Chad
Dominican Republic
Estonia
Republic of Cote D’Ivoire
Finland
France
Gabon
Gambia
Guinea
South Africa
South Korea
Georgia
Croatia
Holland
United Kingdom
Ireland
Spain
Sweden
Switzerland
Italy
Canada
Kenya
Northern Cyprus
Colombia
Kosovo
Libya
Lebanon
Luxembourg
Mali
Moldova
Monaco
Namibia
Niger
Norway
Poland
Portugal
Peru
Romania
Serbia
Slovakia

If you are unsure whether or not you can purchase real estate in Turkey, or whether you require some guidance as to, don’t hesitate to get in contact with us at abc@startkey.com.tr and we will happily assist you.

*Ref:PropertyTurkey.com

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