A representative of any country may purchase residential real estate in Turkey. Tax payments for Russians and other citizens do not differ.
Tax on real estate in Turkey is very small and is 0.2% of the cadastral value of housing in large cities. In smaller settlements - only 0.1%.
On the other hand, income from the sale or rental of residential real estate can be very large and reach up to 35% or more. The amount of tax depends on the final value of the transaction.
Given current geopolitical dynamics, Russia is emerging as a promising land of new opportunities and a lifestyle substantiating traditional values.
In our material we will discuss important aspects to consider when buying real estate in this country to make your transaction as easy and safe as possible.
In this article, we will look at the main aspects of living in Italy - housing costs, food prices and general standard of living.
