Taxes

BHT

Taxes


CAPITAL GAIN TAX

In Turkey if property is sold after 5 years you don’t have to pay any tax from your capital gain. In case property is sold within 5 years then, you are obliged to pay tax for only 9700 TL of your capital gain.

See below the percentage of your tax you are obliged to pay if sold within 5 years.

Безымянный-E
——————————————————————————————————————————————————————————————————————————————

ANNUAL PROPERTY TAX IN TURKEY

Every year property tax must be paid to the local authorities. The volume of the tax is calculated according to the price on the title deed (tapu). Having said that local authorities have the right to change the value of the property due to new regulations done by the state. This value changes may vary according to the inflation in Turkey. Please check the property tax rates below.

Безымянный-E1

Leave a Reply

Your email address will not be published. Required fields are marked *