Acquiring a Tax Identification Number

In Turkey, a tax identification number (TIN) is required for all financial and registration-related activities. While Turkish citizens use their Republic of Turkey ID number as their tax ID, foreign nationals must obtain a separate TIN to engage in activities such as opening bank accounts, purchasing property, setting up utilities, securing insurance, and applying for residence permits. The process is simple, requiring only your passport and a copy, and is entirely free of charge. Turkiye Living offers a seamless service to handle this process on your behalf, ensuring a smooth and hassle-free experience.

Real Estate Valuation

For international real estate transactions in Turkey, an official property appraisal report is mandatory. This report is prepared by two certified experts accredited by the Capital Markets Board (CMB) to ensure accurate property valuation and proper taxation. The experts review property plans, municipal records, and land registry information, and conduct an on-site inspection to verify the property's actual value. The government bases taxation on the property's market value rather than the seller’s declared price, ensuring transparency and fairness.

Rental Property Management

Maximize your investment in Turkey with Turkiye Living’s comprehensive rental property management services. For those who spend limited time at their property, renting it out can generate significant income. Our expert team handles every aspect of property management, ensuring that your home remains in pristine condition while maximizing rental returns. From tenant selection to property maintenance, we take care of all the details, allowing you to enjoy the benefits of rental income without any of the hassle.

Utility Subscriptions

Setting up utility services for your new property in Turkey is simple with Turkiye Living’s complimentary utility subscription service. After purchasing a property, you will need to arrange subscriptions for electricity, water, natural gas, and internet. A prerequisite for this process is DASK insurance, which covers earthquake-related damage and must be renewed annually. Once DASK is secured, our team can handle all utility applications on your behalf, ensuring a stress-free transition into your new home.

Home Insurance

Safeguard your investment in Turkey with comprehensive home insurance coverage. This essential policy protects against a variety of risks, including fire, flooding, earthquakes, and theft, ensuring that your property is fully covered against unforeseen disasters. Turkiye Living strongly recommends securing home insurance, and our team of experts is available to assist you in finding the most suitable policy for your specific needs. Protect your property with confidence and peace of mind.