Investment Guide
REAL ESTATE ACQUISITION AND INVESTMENT GUIDE IN TÜRKİYE
Türkiye, 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 Türkiye, and to help them achieve successful results in investment decisions we present Real Estate Acquisition and Investment Guide in Türkiye to the investors, where we provide sector-specific knowledge. The information in this guide is general, not social, tax or legal advice.
Inheritance and Transfer Tax
Inheritance and transfer tax is one of the typical examples of wealth taxes and is applied in two separate ways, the “estate” method and the “inheritance shares” method. Under the estate method, the remaining estate is taxed as a whole before it is shared among the heirs. Under the inheritance share method, instead of being taxed as a whole, the estate is taxed separately on the share passing to each heir.
Inheritance and Transfer Tax is levied on goods belonging to citizens of the Republic of Türkiye and goods located in Türkiye that pass from one person to another through inheritance or, for whatever reason, without consideration. In other words, for an inheritance or transfer to be taxable, either the property must be within the borders of Türkiye or the person who inherited or received the property must be a citizen of the Republic of Türkiye.
The taxpayers are the persons who acquire property through inheritance or without consideration. These are persons who acquire property within the borders of Türkiye, Turkish citizens who acquire property abroad, and foreigners whose residence is in Türkiye.
The obligation starts on the date of the declaration when the declaration is required. However, in cases where the declaration is not necessary and for the goods not shown in the declaration given earlier, it starts on the date determined by the administration. In the case of liquidation, it starts on the date the court completes the liquidation proceedings.
Last reviewed: September 2026
