Guide for buyers living in Turkey
Buying property abroad from Turkey
Rules last checked 30 October 2026 · 4 official sources · Education, not financial, tax, legal or immigration advice.
What a buyer living in Turkey meets before and after buying a home abroad: sending the money out, tax at home on the rent and the sale, and the forms to file.
The three things to know
- Sending money abroad
Turkey provides that residents may transfer foreign exchange and Turkish lira through banks abroad to buy property, and the Central Bank's invisible transactions circular of 18 May 2026 handles the purchase price under code J4.
- Tax at home
A Turkish tax resident is taxed worldwide, so rent from a home abroad is declared and a sale within five years of purchase gives taxable value increase income, with a credit for comparable foreign tax paid.
- Reporting at home
Foreign rent and gains go in the annual income tax return filed in March, and residence starts at more than six months in Turkey in a calendar year.
Sending money abroad
No restriction found
- Rule
Article 16(2) of Decree 32 provides that transfers of foreign exchange and Turkish lira through banks abroad by persons resident in Turkey to buy property and rights attached to property abroad are free.
- From
30 December 2006
A report
- Rule
Banks notify the authorities within 30 days of transfers abroad of USD 50,000 or more, or the Turkish lira equivalent, other than those for imports, exports and invisible transactions. The Central Bank lists purchase price transfers for property bought abroad by residents under invisible transactions, code J4.
- Limit
50,000 USD per per transfer
A limit
- Rule
Carrying foreign cash above EUR 10,000 out of Turkey, or Turkish lira cash above TRY 185,000, is done under rules set by the Ministry of Treasury and Finance. The lira figure was raised from TRY 25,000 on 15 March 2025.
- Limit
10,000 EUR per per departure
- From
15 March 2025
No restriction found
- Rule
Transfers for current maintenance and repair of private property abroad and for property tax and similar charges on it by residents are allowed under code J4 of the Invisible Transactions Circular dated 18 May 2026.
- From
18 May 2026
For buying a home abroad
- Rule
Article 16(2) of Decree 32 and code J4 of the Central Bank's Invisible Transactions Circular deal with the purchase of property abroad by residents and treat the bank transfer as free.
Tax at home
A person is resident if the legal domicile is in Turkey or if the person stays in Turkey continuously for more than six months in a calendar year, short absences not interrupting the stay (Income Tax Law article 4).
Rent from a home abroad
- Rule
A person who is a Turkish resident is taxed on income earned in Turkey and abroad (Income Tax Law article 3), and rent from buildings and land is income from immovable property under article 70 with no territorial limit. Income earned abroad is treated as earned in the year it is transferred to the taxpayer's accounts in Turkey, or in the year the taxpayer could dispose of it if the transfer was prevented for reasons beyond the taxpayer's will (article 85).
Gain on selling a home abroad
- Rule
A gain on selling real property within five years of acquiring it, other than by gift, is value increase income under article 80 of the Income Tax Law, which does not limit the rule to property in Turkey. A resident taxpayer is taxed on it worldwide.
Wealth or property tax on foreign assets
- Rule
The Building Tax Law applies to buildings within Turkey's borders (article 1), so it does not reach a home abroad.
Relief for tax paid abroad
- Rule
A full liability taxpayer deducts the comparable tax paid abroad from the Turkish income tax on the foreign income, up to the Turkish tax on that income, if the foreign tax is a personal income tax and proof of payment certified by the Turkish embassy or consulate is shown (article 123).
Reporting at home
Annual income tax return
- Who
A full liability taxpayer with income to declare, including foreign rent and gains
- Threshold
No separate foreign property declaration found; foreign income is included in the return
- Deadline
From the start of March to the evening of 25 March following the calendar year, under article 92 of the Income Tax Law
- Covers a foreign home
Yes
Bank notification of transfers abroad
- Who
The bank, for transfers abroad of USD 50,000 or more outside imports, exports and invisible transactions
- Threshold
USD 50,000
- Deadline
Within 30 days of the transfer
- Covers a foreign home
No
Where to look
Choose a country to see what its rules say for a buyer with a Turkey passport living in Turkey.
Check a country for a passport
Australia
Depends on the propertyPassport: Türkiye. Buyer lives outside Australia. Reading for a home.
Different property types carry different readings. The country guide lists each one.
Australia requires a foreign person to obtain foreign investment approval before buying residential land, and from 1 April 2025 to 30 June 2029 buying an established dwelling is generally banned, while vacant land and new dwellings stay open with approval. Australian citizens, permanent residents and eligible New Zealand citizens are not caught.
Rules last checked 29 October 2026
Questions people ask
What if a Turkish resident buys a home abroad?
Article 16(2) of Decree 32 states that transfers of foreign exchange and Turkish lira through banks abroad for the purchase are free, and the Central Bank circular handles the purchase price under invisible transactions code J4.
What if the purchase price is large?
The decree has no amount limit for the purchase. Banks notify the authorities of transfers abroad of USD 50,000 or more outside imports, exports and invisible transactions within 30 days, and property purchase transfers are listed among invisible transactions.
What if a Turkish resident spends part of the year abroad?
A person is resident if the legal domicile is in Turkey or the person stays in Turkey continuously for more than six months in a calendar year, and short absences do not interrupt the stay.
How is rent from a home abroad taxed in Turkey?
It is income from immovable property under the Income Tax Law and is declared in the annual return. Foreign income counts as earned in the year it is transferred to the taxpayer's Turkish accounts.
What if the foreign property is sold?
A sale within five years of acquisition, other than a property received by gift, gives value increase income under article 80. The law does not limit this rule to property in Turkey.
How does Turkey relieve tax paid abroad?
Under article 123 the comparable tax paid abroad is deducted from the Turkish tax on that income, up to the Turkish tax on it, if it is a personal income tax and proof certified by the Turkish embassy or consulate is shown.
Does Turkey tax owning a home abroad each year?
The Building Tax Law applies to buildings within Turkey's borders, so it does not reach a home abroad.
When is the return due?
Article 92 of the Income Tax Law sets the return window from the start of March to the evening of 25 March following the calendar year.
What is still open
These points could not be confirmed from an official source yet, so they are not stated as rules.
- Whether the exemption for rent from dwellings in article 21 of the Income Tax Law applies to a dwelling abroad could not be confirmed from an official source.
- The amount of the annual exemption for value increase income in 2026 could not be confirmed from an official source.
- Whether a separate declaration of foreign property ownership exists could not be confirmed from an official source.
- The number of tax treaties in force could not be confirmed from the official page read.
- The scope of the 2026 income tax exemption for new residents and of Law 7582 for a resident buying abroad could not be confirmed from an official source.
Sources
Official pages these figures come from (4)
See what this does to your own numbers
Add a property abroad next to everything else you own, and see the income and net worth that follow after tax, year by year.
Free to start. No card. Rules checked 30 October 2026.
This is education, not financial, tax, legal or immigration advice. Rules change and depend on the buyer's own facts. Advice from a licensed professional in the country concerned is what settles a particular purchase.