We answer the most popular questions

Время прочтения: 15 минут Просмотров: 53 26/07/2023

Content: Is it possible to open a Turkish bank account without a residence permit?; How much do our services cost? What is included in our services?; What are the additional costs when buying an apartment?; Is it possible to buing an apartment in installments? What conditions?

What do you need to move to Turkey?

To go to Turkey you will need a passport, an initial budget and of course a desire to move

Is it possible to open a Turkish bank account without a residence permit?

Yes. For this you need to come to any Turkish bank and follow five simple steps:

Provide a copy of the translation of your passport, which has been certified by a notary. This is the main page and the registration page;
Provide a Turkish tax number (TIN);
Come with a working Turkish SIM card so that you can receive an SMS message from the bank;
Download the bank's mobile application;

Take 5,000 lira, which you will immediately put into your new bank account as a deposit.

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How much do our services cost? What is included in our services?

1. When buying a second home, a realtor in Turkey is paid at least 2% of the cost of the apartment. But if you're buying a brand new apartment, the realtor's fees will be paid by the construction company.

2. We fully accompany our client from choosing housing to obtaining citizenship:

We help to find real estate - it's free and online;
We arrange a flight and book a hotel;
Showing possible housing options;
We provide full legal support for the purchase up to the receipt of the owner's certificate;
We help, if necessary, to obtain a residence permit or citizenship;
And even show how you can manage your investments.

What are the additional costs when buying an apartment?

You have calculated the entire necessary budget for the purchase of an apartment, for example, in Istanbul, but you could well forget about something. Additional costs may vary depending on the developer.

For example, the cadastral tax (TAPU). This is a one-time payment when buying an apartment, which is usually 4% of the cost of housing. Everyone pays it: both Turkish citizens and foreigners.

TAPU size may vary. At Mrs. developers or companies that sell housing under the renovation program do not have this tax. And for firms, some of which are owned by the state, the tax may be less, for example, 2%, because the state takes on the remaining amount

Next comes VAT. It can vary from 1 to 18% - it depends on the area of the apartment and its location. For some developers, this tax is immediately included in the cost of housing

But when VAT is above 1%, subject to certain conditions, it is possible to obtain an exemption from this tax: firstly, you did not previously have a residence permit and you are buying property in Turkey for the first time and, secondly, the money for the purchase must be transferred from foreign banks

State expertise is an appraisal of an apartment for compliance with its market price. The price varies from 2500 to 12000 Turkey Liras. Expert assessment is a mandatory document, without which TAPU will not be issued

Notary services for translations of passports, powers of attorney, opening a TIN can cost up to 3,000 Turkey Liras.

Preparation and submission of documents for citizenship with a lawyer can cost from $2,000 to $10,000

Гражданство за инвестиции или как получить гражданство.

Is it possible to buing an apartment in installments? What conditions?

In installments, you can take housing under construction from large construction companies with experience. They have many objects, many apartments for sale - they can afford it. In Istanbul, for example, the cost of housing in installments starts from $ 150,000 and usually the developer requires a down payment of 30-50% of the total cost

The installment terms depend on the developer, the readiness of the house (if you buy housing under a foundation pit) and the amount of the down payment. As a rule, the installment period coincides with the time for construction: the end of construction is the last month of the installment plan. Usually it is from 12 to 24 months.

When signing the contract, the price is fixed for the entire payment period without interest and commissions. Also, to receive the installment plan, you do not need income certificates and guarantors.

How is the area of an apartment in Turkey calculated?

In Turkey, when buying a property, the total area is announced, and usually this includes part of the total area of the entrance, the "share" of the elevator, even the thickness of the wall. But the documents also mention a “clean” zone: this is the space that is intended for life.

Almost all construction companies in Turkey sell their apartments, indicating the total area in the price lists.