Turkey, noting significant progress with its developing economy in recent years, investments in construction and real estate sectors, is becoming a center of attraction for institutional and individual investors. In this process, the country offers significant opportunities to foreign investors who need to master local dynamics to make successful investment decisions. As Trem Global team, we are closely following developments in order to provide support to investors in real estate acquisition and investment issues, which are highly dependent on internal and external factors and have unique problems, with our experienced and industry-dominated staff. In order to meet the needs of our customers in Turkey, and to help them achieve successful results in investment decisions we present Real Estate Acquisition and Investment Guide in Turkey to the investors, where we provide sector-specific knowledge. The information in this guide is general, not social, tax or legal advice.
Although environmental taxes have found their place in many EU and OECD countries, there is no such environmental tax application in Turkey. The reason for this is that the introduction of taxes in the Turkish tax system is based on fiscal purposes. While environmental taxes applied in EU and OECD countries aim to reduce their use by imposing an additional cost on goods and services, as well as to ensure the development of environmentally friendly technologies, there is no tax on the environment in Turkey except for the environmental cleaning tax (ÇTV).