TURKISH TITLE DEED (OWNERSHIP CERTIFICATE) FOR FOREIGNERS: KEY STEPS TO OBTAINING IT
- Obtaining a Tax Number (Vergi Numarası)
- Foreigners need a Turkish tax number to carry out any financial transactions, including property purchases.
- This number can be obtained at the local Tax Office (Vergi Dairesi) or online (if corresponding services are available).
- Opening a Bank Account
- Having an account at a Turkish bank facilitates all financial transactions related to the property purchase.
- Generally, the following documents are required to open an account:
- Passport (translated and notarized, if required by the bank),
- Tax number,
- Proof of address (e.g., a utility bill).
- Signing a Preliminary Agreement (Sale-Purchase Contract)
- A deposit is usually paid at this stage.
- The contract includes essential information about the property, its price, payment terms, and the date of title transfer.
- It is advisable to consult a lawyer or a real estate agent who speaks both Russian and Turkish to review all the terms of the deal.
- Payment of Relevant Taxes and Fees
- Title Deed Fee (Tapu Harcı): Typically around 4% of the cadastral value of the property, shared by the buyer and/or seller according to their agreement.
- Notary and registration fees: Vary depending on official tariffs and the specific region.
- Translator services: If the buyer does not speak Turkish, a sworn translator is required at the Title Deed Office (Tapu) when signing documents.
- Procedure at the Title Deed Office (Tapu ve Kadastro Müdürlüğü)
- After paying taxes and gathering all necessary documents, the ownership transfer process takes place.
- On the appointed day, the buyer, seller, and/or their authorized representatives must appear at the Tapu ve Kadastro (Land Registry and Cadastre) office.
- During the signing and issuance of the Tapu (title deed), if the buyer does not speak Turkish, the presence of a sworn translator is mandatory.