Exciting news! Turkey lifts foreign currency payment ban for movable sales! In a significant policy shift, Turkey lifts foreign currency payment ban for movable property sales, with the exception of vehicle transactions. This development, announced in the Official Gazette on March 6, 2025, allows individuals and businesses to conduct transactions in foreign currencies for various movable assets. This...
Selling Your Property in Alanya: Avoid These 5 Costly Mistakes! Selling your property in Alanya offers a promising opportunity to capitalize on the region's vibrant real estate market. However, navigating the selling process requires careful planning and informed decisions to ensure a smooth and profitable transaction. Many sellers inadvertently make errors that can lead to financial losses or...
When will the April 2025 Rental Increase Rate Be Announced? As of April 1, 2025, both landlords and tenants in Turkey are keenly awaiting the announcement of the April 2025 rental increase rate. The April 2025 rental increase rate, determined by the Turkish Statistical Institute (TÜİK), is based on the 12-month average of the Consumer Price Index (CPI) and serves as the maximum allowable rent hike...
The Ultimate Guide to Moving to Turkey as a Foreigner in 2025: Why Alanya is a Top Choice and How Ideal Estates Can Help You Settle with Ease Relocating to a new country can be both exciting and overwhelming, and for many foreigners, moving to Turkey as a foreigner offers an enticing blend of stunning landscapes, affordable living, rich history, and warm hospitality. Whether you’re a retiree seeking...
Turkey's 2025 Rental Income Tax, Regulations and Deadlines As of March 1, 2025, Turkey has commenced its annual tax return period for property owners earning rental income. This period extends until April 2, 2025, adjusted to accommodate public holidays on March 31 and April 1. Understanding the intricacies of Turkey's 2025 Rental Income Tax is crucial for property owners to ensure compliance and avoid...
Introduction to Turkish Citizenship Program World Ranking Turkey has emerged as one of the most sought-after destinations for investors looking to acquire a second passport. The country's strategic location, thriving economy, and rich cultural heritage make it an attractive option for global investors. In 2025, Turkey ranked 7th globally in the Turkish Citizenship Program World Ranking, according to...
Advantages of Citizenship by Investment Properties in Alanya In recent years, the allure of obtaining Turkish citizenship has grown immensely, and one of the most popular methods to achieve this is through real estate investment. Alanya, a beautiful coastal city on Turkey's Mediterranean coastline, has become a hotspot for those seeking to gain Turkish citizenship. "Citizenship by investment properties...
The Essential Guide to Taking Goods Out of Turkey: What You Can and Cannot Take Home Are you planning on taking goods out of Turkey from your holiday? Before you start packing, it’s crucial to understand Turkey’s export regulations to avoid any hassle at the border. This guide provides an overview of what you can and cannot take with you, helping you to enjoy a smooth departure from...
Preparing Rental Contracts in 2024 - Pay attention to this detail! As discussions between landlords and tenants continue, many people are researching what to consider when preparing rental contracts in 2024. So, how do you prepare a rental contract for 2024? Here are the things to pay attention to... Over the past two years, discussions between property owners and tenants have escalated significantly....
Real Estate VAT Exemption in Turkey To claim real estate VAT exemption in Turkey, you need to understand the benefits and rules. Since April 2017, property sales surged due to VAT exemption. Here's how to proceed: Overview of VAT Exemption: Foreign and Turkish citizens now enjoy reduced VAT rates or exemptions when buying property, subject to certain conditions. Eligibility Criteria: Must not...
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