How we manage the finalization process

After we have already visited and inspected the property or the site of the ongoing Project you choose to buy in, comes the next process that we take care of going through in a safe and effective way in order to protect the investors’ rights and time.

First is the signing of a sales agreement between the buyer and the developer company.
Next, we need to obtain a Turkish Tax Number of the foreign investors by accomplishing the Tax Exemption formalities in a Tax Office and Migration Directorate, this tax number is required during many other transactions and processes in Turkey and we will need it when opening a bank account in the next step.

Once the Sales Agreement is signed by both Parties make a payment according to the agreed terms, we will make sure to collect all the required documents and make all the taxes and fees payment to start the Title Deed obtaining process. Then we will be present with you at the Land Registry and Cadastre Directorate on the specified day and time to sign and close the deal. And then we will deliver your Title Deed Certificate.

When the investor cannot be present during the finalizing process!

Then the buyer will just need to send us an official Power of Attorney at the Public Notary in the country of his residence, and our lawyers can provide you with a sample of the authorization. Once validated by the Turkish Consulate and posted to us via a cargo service, our teams will handle all the processes mentioned above on your behalf.
Having the Deed registered and upon the formation of a standard Document Package from your country, a Turkish Citizenship acquisition process can be incontinently started.

When the main objective of buying is obtaining Turkish citizenship
In addition to all the steps above and before the finalization of the sale contract, we will make sure to get a report verifying the 250 000 USD worth (in TRY) of desired property from a Certified Appraisal Expert, if it is not already taken by the developer. And we will get a stamped and signed receipt confirming payment of 250 000 USD or its equivalent in TRY to the Developer/Seller from your Bank.

Last Updated: 11/9/2020 11:28:07 AM