Monday, 21 February 2011

Do you Know The Turkish Property Laws?

When you're buying high yield investments in turkey or any other type of property in fact, it's crucial you understand what the laws are. It's advisable to discuss this with a legal professional however it's better to set up those meetings by being as prepared as possible because legal meetings can quickly drive up costs.
And when you want high yield investments, all costs associated with your investment must be taken into account.

So, here's some great information that outlines some of the most important laws and how they affect you when you're buying your Turkish investment property:

1.1.1
Foreign nationals (real persons)

According to the article 35 of Tittle Deeds Law, foreign nationals (real persons) are able to acquire real estate in Turkey on the conditions of being reciprocal and complying with legal restrictions.

In implementation of the reciprocity principle, it is essential that real estate acquisition rights given by a foreign country to its own citizens and to commercial companies established in foreign countries according to the laws of these countries are also given to the citizens and commercial companies of the Republic of Turkey.

In this context, there exist reciprocity between the United Kingdom and the Republic of Turkey regarding real estate acquisition.


Read the full article here: http://bit.ly/hDGfUZ

And if you're looking to buy high yield investments in Turkey then download your free guide here: Turkish Property Investment

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