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Turkish parliamentary committee approves law removing restrictions on purchase of property by non-residents

Business Materials 11 April 2012 20:03 (UTC +04:00)
The Turkish Parliamentary Justice Committee on Wednesday approved a law allowing foreign citizens to acquire landed property in Turkey, TRT Haber reported on Wednesday.
Turkish parliamentary committee approves law removing restrictions on purchase of property by non-residents

Azerbaijan, Baku, April 11 /Trend A.Taghiyeva/

The Turkish Parliamentary Justice Committee on Wednesday approved a law allowing foreign citizens to acquire landed property in Turkey, TRT Haber reported on Wednesday.

If this law ultimately be adopted by Parliament, all foreign nationals, including citizens of Azerbaijan, will be able to acquire land in property in Turkey.

Previously only citizens of those countries in which Turkish citizens could buy a land could become property owners in Turkey.

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