Foreign investors residing abroad can benefit from a significant financial advantage through VAT exemption on real estate acquisitions in Türkiye. According to the regulation enacted in 2017, foreigners who do not reside in Türkiye may purchase real estate without VAT, provided they meet specific conditions.
To qualify for this exemption, the following criteria must be met:
• The purchased property must be for commercial or residential purposes.
• Payment must be made in foreign currency transferred from abroad.
• The property must not be sold for at least one year.
This exemption not only provides cost advantages but also facilitates investment opportunities for international buyers. For further details on VAT exemption and the citizenship application process, please contact our expert team.