How do foreign companies acquire real estate?

The term “foreign company” refers to “trading companies with legal personality established in foreign countries according to the laws of their own country”;

The term “foreign company” refers to “trading companies with legal personality established in foreign countries according to the laws of their own country”;

In this respect, it differs from “foreign capital companies” established or participated by foreign investors in Turkey.The acquisition of real estate by foreign companies is regulated in Article 35 of the Land Registry Law. Accordingly, foreign companies can acquire immovable property and limited real rights on immovables only within the framework of special law provisions.

Existing laws regulating the right of foreign companies to acquire and use real estate;

* Tourism Promotion Law No. 2634,

* Petroleum Law No. 6326,

* This is the Industrial Zones Law No. 4737.

In the establishment of real estate pledges in favor of foreign companies in Turkey, registration and restrictions are not applied, as in foreign real persons