General Expenses & Fee for Citizenship
Property Transfer Government fee 4%
VAT (for Residential properties) 1%
VAT (for specific properties*) 8% to 18%
3rd party property valuation report 2000TL to 3500 tl (per property)
Lawyer fee for citizenship 4000 $
VAT exemption-lawyer fee 1000$
(if customer qualify*)
Translation, notory, attestation & necessary 600-850$
documentations
Vat 18%*: commercial properties, apartments of villa bigger than 150 sqm, some special zones/areas declared by law for higher VAT
VAT 8%: some special lands and special zones/areas declared by law for higher VAT
Important
- There are no hidden or other expenses related to property and citizenship
- VAT exemption is only possible if all amount is transferred from foreign country (origin country of investor) legally and customer do not have any property or residence permit of Turkey
Above all expenses are specifically for new properties exclusive of governmental projects; for governmental projects, re-sale properties, agricultural land/farms and hotels/plazas, expenses may vary and depends on nature of each property.