| I |
BUYING A PROPERTY IN TURKEY |
| 1.1 |
Who can buy a real estate in Turkey? |
| 1.2 |
What is the legal framework for property ownership? |
| 1.3 |
Are Turkish citizens and foreigners treated differently? |
|
| II |
HOW TO CONTACT RELEVANT PROFESSIONALS |
| 2.1 |
Types of properties, finding property, contacting real estate agents |
| 2.2 |
Are you advised to hire a solicitor? |
| 2.3 |
How to contact Turkish solicitors who speak English? |
| 2.4 |
How to contact other English speaking professionals? |
| 2.5 |
Can you assign someone for your all transactions? Power of Attorney |
| 2.6 |
Use of institutional expertise: Real Estate Investment Trusts |
| 2.7 |
Are there any (universal) mortgage companies in Turkey? |
| 2.8 |
Translation professionals |
| 2.9 |
Real Estate Appraisal Companies |
| 2.10 |
How to find financial resources to buy property in Turkey? |
|
| III |
BASIC STEPS |
| 3.1 |
Double checking the property |
| 3.2 |
Preparing a draft contract |
| 3.3 |
Having the draft contract translated |
| 3.4 |
Having the contracts notarised |
| 3.5 |
Payment terms of the contract |
| 3.6 |
Application to the TAPU Office |
| 3.7 |
Documents asked by the TAPU Office |
| 3.8 |
Military clearance |
| 3.9 |
How are FDI and foreign companies treated by TAPU Offices? |
| 3.10 |
Issuance of a new TAPU by the Office |
| 3.11 |
Declaration of acquisition to the local government |
|
| IV |
HOW TO MAKE THE PAYMENTS? BANK ACCOUNTS |
| 4.1 |
Why is a bank account needed? |
| 4.2 |
Which currency should be used? |
| 4.3 |
Contact information of Turkish Banks |
| 4.4 |
Types of bank accounts |
| 4.5 |
Other investment tools provided by banks in Turkey |
| 4.6 |
Internet banking services |
| 4.7 |
Opening a bank account in Turkey |
| 4.8 |
Joint accounts |
| 4.9 |
Privacy of accounts |
| 4.10 |
Opening a bank account in Turkey when you are in the UK |
| 4.11 |
Using your UK cheques in Turkey |
|
| V |
EVERYTHING ABOUT A TAPU (TITLE DEEDS) |
| 5.1 |
What is a TAPU? What does it look like? |
| 5.2 |
Meaning of the terms on a TAPU |
| 5.3 |
How to check the details? |
|
| VI |
OTHER IMPORTANT POINTS IN BUYING A PROPERTY |
| 6.1 |
Overdue Real Estate Tax Debts |
| 6.2 |
Overdue debts for utility services |
| 6.3 |
Current Tenants |
| 6.4 |
Double Checking the Registry Records |
| 6.5 |
Appropriateness of the building |
| 6.6 |
Buildings under construction |
| 6.7 |
Construction of a building on a land |
| 6.8 |
Housing Co-operatives |
|
| VII |
TAXES & COMPULSORY INSURANCE |
| 7.1 |
Basic property-related taxes |
| 7.2 |
What gains can be attained through property? Are those gains taxed? |
| 7.3 |
Taxes and Compulsory Insurance |
| 7.4 |
Preparation of wills and transfer of property to the heirs |
| 7.5 |
Divorce settlements |
| 7.6 |
Your UK pensions |
| 7.7 |
More information on taxes |
|
| VIII |
WHY TO AVOID TAX EVASION? |
| 8.1 |
Are you a tax evader? |
| 8.2 |
Can the financial penalties charged on a tax evader be amnestied? How? |
| 8.3 |
The principal term of the financial penalty and interests charged on a tax evader |
| 8.4 |
Risk of paying much more personal income tax in case of a sale |
| 8.5 |
Risk of being paid very low compensation in case of nationalisation |
| 8.6 |
Risk of re-mortgaging your property at a lower value |
| 8.7 |
Risk of being involved in an anti-money laundering activity |
| 8.8 |
Risk of being included in the black lists of financial organisations |
| 8.9 |
Other important points |
|
| IX |
LIABILITIES, UTILITIES & OTHER LEGAL ISSUES |
| 9.1 |
What are the liabilities of an (foreign) owner? |
| 9.2 |
Electricity, gas, water, telephone, and heating issues & utilities |
| 9.3 |
Can you transfer the money you make through your property abroad? |
|
| X |
PROPERTY DEVELOPMENT, DECORATION AND FURNISHMENT |
| 10.1 |
Can you have a building constructed on the land you own? |
| 10.2 |
How can refurbishment be carried out? |
| 10.3 |
Do tenants in Turkey prefer furnished or unfurnished properties? |
| 10.4 |
Where to buy quality furniture and durables? |
|
| XI |
RESIDING IN TURKEY & BRINGING YOUR ITEMS TO TURKEY |
| 11.1 |
Residence visa requirements |
| 11.2 |
Can you bring your household or office items to Turkey? |
| 11.3 |
Can you bring your pets to Turkey? |
| 11.4 |
Can you bring your car to Turkey? |
| 11.5 |
How much money can you bring to Turkey? |
| 11.6 |
How much money can you bring abroad from Turkey? |
| 11.7 |
How much jewellery can you bring to Turkey or abroad? |
| 11.8 |
Does your social insurance scheme cover your health expenditures in Turkey? |
|
| XII |
ESTABLISHING YOUR OWN BUSINESS OR WORKING IN TURKEY |
|
