IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 18 May 2015 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 3 Mai 2012, the Turkish government eased the limits for foreigners to buy real estate with the law no. 6302. The law allows foreigners to buy up to 30 hectares of land. The limit can be extended to 60 hectares with a special permission.
Before this amendment, foreigners were only allowed to purchase up to 2.5 hectares of Turkish soil.
The state liberalization is restricted to citizens of countries with whom Ankara has signed a reciprocity agreement.

AFFECTED COUNTRIES

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