The regulations to be made by the Ministry of Treasury and Finance will make changes to the land registry system. From now on, land registry fees and property taxes will be calculated based on the real values ​​of real estate. A comprehensive regulation has been completed in the field of taxation in Turkey. The draft prepared by the Ministry of Treasury and Finance was presented to President...

In Northern Cyprus, the conditions for foreigners to acquire property and for long-term rentals have been revised. The "Property Acquisition and Long-Term Rental (Foreigners) (Amendment) Bill" was passed by a majority vote in the TRNC Parliament, introducing new conditions and restrictions on certain purchases. With these changes, foreign nationals can now own an apartment or house in the Turkish...

Bad news for homeowners: After those who rented, now those who will sell their homes and those who own more than one home will face new taxes. It has been reported that additional property taxes and title deed fees will be imposed on those who own more than one home in order to create resources for budget expenditures. In addition, it is expected that taxes will also be collected from those who sell...

A "taahhütname," best translated as a letter of undertaking, is a legal document used to demonstrate your intent to perform a specific action to Turkish officials. Derived from the Arabic word "taahhüt" (meaning declaration, undertaking, or commitment) and "name" (meaning letter), this document outlines your commitment to fulfill certain obligations or remedy any wrongdoings. The contents vary depending...

Spain's Prime Minister Pedro Sanchez announced that the "Golden Visa" program, which has been in place in the country since 2013 and grants temporary or permanent residency to foreigners who purchase real estate or make investments, will be terminated. Sanchez, speaking at an event held in Seville, stated that the decision to end the Golden Visa program would be made at the regular Cabinet meeting on...

Significant changes have occurred in the shares obtained through inheritance for those with shared deeds. With the latest regulation for heirs, new rules have been established for inheritance distribution in 81 provinces, initiating a fair process. With these changes, solving the often encountered problems in inheritance distributions becomes easier, reducing disagreements among siblings and bringing...

The short-term home rental trend continues to rise because short-term can provide greater income than long-term. So much so that the number of people looking for real estate just for this investment has increased. According to Forbes, short-term rentals yield 30% more profit than long-term rentals, as the daily pricing system is more flexible than the monthly rental fee. Additionally, in short-term...

Are you longing to cultivate a little greenery but think you can't because you live in an apartment? Think again! Gardening in flats, even with limited space, is entirely possible and incredibly rewarding. Whether you have a sunny balcony, a small patio, or just some windowsills, there are plenty of ways to bring nature indoors and create your own mini oasis. Let's explore some tips and tricks for...

There's no greater joy than returning home to the warm welcome of a wagging tail or a comforting purr after a long day. For pet owners, our furry companions are more than just animals—they're cherished family members, steadfast friends, and constant sources of joy. As we navigate through life with our beloved pets, it's essential to make thoughtful decisions that prioritize their well-being and...

After the ‘Mother-in-Law Tax’ that hit the agenda like a bombshell a short while ago, now the ‘Guest Tax’ is on the agenda… Mother-in-Law Tax is the name that Economics Writer Abdullah Tolu gave to the income tax that a couple would pay based on the comparable rent if they were living with their mother-in-law in a house they own without receiving any rent. Again, according to the subject...