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.
After witnessing dramatic shifts in this industry over the past decade, I'm sharing my insights on the most viable options as we navigate 2025.
The launch of the program should be implemented within two weeks.
Let's consider what conditions are provided for citizenship and what kind of real estate is best to buy.
