Real Estate in Turkey FAQ About Ownership in Turkey | Page 6

Q16: If the price of a property rises and I want to sell it, what are the procedures thereof? If you wanted to sell your property before five years from the date of purchasing, you have to pay a tax that is about 20% of the net profits for the Turkish tax department. However, if you wanted to sell it after five years, there are no taxes. Procedures also vary if the property owner is a company, not an individual investor. Q17: Is it possible to come to Turkey by my own car and register it in Turkey? Yes, but the car entrance shall be through either land border crossings or seaports. That would happen without paying any taxes, on condition that the car leaves Turkey within six months. Otherwise, you have to pay a tax.