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Abolition of the Reciprocity Principle

Posted by admin_grand on 11 March 2019
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In 2012, several changes have been made in the Law of Reciprocity.

In this regard:

Changes were made in May 3, 2012 to the Land Registry Law, namely Articles 35 and 36  rules and regulations that have been used for about 120 years  were abolished.

POSITION OF COUNTIES

At the time when amendments were not made to the Provisions on Reciprocity –  buying property in Turkey for residents of certain countries required tremendous effort.

Cancelation of the Reciprocity clause has simplify and expedite the acquisition of real estate by foreigners.

Information about real estate buying terms and proses for foreigners you can get here. 

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