Inheritance law in Turkey after the death of foreign nationals who own real estate in Turkey

Inheritance law in Turkey after the death of foreign

Inheritance law in Turkey after the death of foreign nationals who own real estate in Turkey

Inheritance law in Turkey after the death of foreign nationals who own real estate in Turkey

The recent changes made in the real estate ownership law in Turkey, it has become easier for foreigners to own real estate. Questions have increased regarding what will be the status of real estate in Turkey in the case of the death of foreign nationals, their exodus, or the withdrawal of Turkish citizenship from them.

We will briefly and clearly explain the most important points regarding the inheritance law for foreigners in Turkey

Inheritance according to Turkish law

* According to Article 20/2 of Law No. 5718, the provisions relating to inheritance, possession and division are subject to the law of the Turkish state

Also, in Article 20/1 of the Turkish Inheritance Law, the inheritance is subject to the national law “meaning the law of the Turkish state”, which means that the Turkish law will be applied regarding the deceased’s real estate located in Turkey without regard to the mother nationality he holds.

In other words, the law of the country whose nationality the deceased person holds will not apply, but rather the Turkish inheritance law will be applied with respect to his real estate located in Turkey.

How do the heirs of foreign nationals use their rights in the Turkish inheritance law?

* After the death of a foreign person who owns real estate in Turkey, regardless of whether this person or his heirs are Turkish citizens or not, foreign nationals benefit from all legal rights related to that property.

For this, it is required to extract the inheritance inventory document that is extracted from the Turkish courts in order to carry out the procedures for transferring real estate located in Turkey to the legal heirs.

This means that an inheritance inventory document must be obtained from a Turkish court because the transfer process related to real estate in Turkey will not be carried out with an inheritance inventory document issued by a foreign country “that is, the mother country of the deceased person”

How to obtain an inheritance inventory document in Turkey

* The legal heir of the deceased foreigner must translate the inheritance inventory document into Turkish, ratify it by the notary public, and submit an application to the Magistrate’s Court in the region where the property is located to issue an inheritance inventory document to be used within Turkish lands and institutions.

And since the issuance of the inheritance inventory document is considered an urgent procedure, this document will be secured by the court within a short period of time.

After obtaining the inheritance inventory document, they go to the Real Estate Records Directorate and carry out the procedure of transferring the property registry to the legal heirs with ease. “All these procedures can be done by a Turkish lawyer”

Briefly required documents are:

  1. Translation of the inheritance inventory document issued by the foreign country and the death certificate of the deceased person into Turkish and authenticated by the notary public
  2. Going to the Magistrate’s Court in the area where the property is located to issue a document collection of the inheritance.
  3. Go to the Directorate of Real Estate Records and have the inheritance inventory document issued by the Turkish court to carry out the process of transferring ownership of real estate

Who are the legal heirs in Turkish law?

  1.  If the deceased had a wife and children living regardless of their gender, whether male or female, then ¼ of the inheritance for the wife and ¾ of the inheritance for the children are entitled.
  2. If only children live, the entire inheritance is divided equally among the children, regardless of whether they are male or female.
  3.  If the deceased person has no children, the inheritance is divided between the wife and parents, and in this case ½ of the inheritance is entitled to the wife and the other half to the parents.

These are the inheritance rights in the Turkish inheritance law. This situation varies according to the relatives of the deceased who live (children, mother, father, grandmother, grandfather, brothers and others) and if the deceased does not have any legal heirs and if he does not have a will written according to Turkish law, the entire money remains for the state treasury of the Republic of Turkey.

Inheritance law in Turkey

For consultations, you can contact one of the consultants of El-Tezam Real Estate Company by calling or WhatsApp after clicking on the number: 00905426792293

Read also: Obtaining Turkish citizenship through real estate investment in Turkey

Tourism in Turkey 2021

Tourism in Turkey 2021

Tourism in Turkey 2021

Tourism in Turkey 2021

Hagia Sophia, Bosphorus Bridge, Sultanahmet District, Taksim District, Duden Waterfalls, Black Sea and Marmara Beaches, Princess Islands, Girl’s Tower, and more.

These are Turkish tourist attractions whose fame has reached all over the world and because of them, Turkey occupied the highest ranks of tourism and became the preferred destination for many lovers of tourism and touring, which contributed to the rise of the Turkish economy and was reflected in the construction growth and the real estate sector in the country.

Turkey, the favorite country for world tourists

Turkey is a destination for tens of thousands of tourists of different nationalities and countries, and it is still achieving a significant increase in the number of tourists. With its diverse landscapes and tourist attractions, it is the first and preferred destination for most tourists, and tourism companies in many countries organize tourist trips to Turkey annually And Turkey, in turn, opens its doors wide and welcomes the incoming tourists with a hearty and warm welcome.

What are the most important factors attracting tourists to Turkey?

Tourist attractions in Turkey vary, as there are very impressive historical tourist places, mountain and coastal tourist cities, perfect landscapes, sea views, monuments, security and tranquility, availability of tourist resorts and residential hotels and their willingness to serve tourists Always, the availability of a lot of tour companies to organize tours and many more.

Tourism in Turkey in 2021

Tourism in Turkey started this year with record numbers greater than expected after the great success achieved by Turkey in combating coved-19, according to official statistics, and Bulgarian tourists ranked first in terms of the number of tourists coming to Turkey, and Georgia came in second place, then Russia and Germany, and Iran.

What is the best area for tourism in Turkey 2021?

The city of Istanbul came in the first place in terms of the number of tourists in the current year 2020, as the city of Istanbul contains many places and attractions, historical and archaeological such as Hagia Sophia Mosque, Sultan Ahmed Mosque, Toppi Kapi Palace.

Edirne came in second place, then Antalya, which is distinguished by its natural landscapes and pleasant and moderate atmosphere, and is also rich in archaeological monuments such as Duden Waterfalls, Antalya Museum and Water City and others, then Artvin, and finally Ankara.

Is it better to visit Turkey in the summer or winter?

In the summer, many tourists come to Turkey, especially from countries with a high temperature climate such as the Gulf states, Arab countries in general, America and Asia, where Turkey’s summer climate is characterized by moderation, and in winter Turkey is a destination for sports lovers and winter activities such as skiing, and for snow and rain lovers, where it is a country rich in high mountains, where its nature is suitable for practicing all the fun winter activities.

What are the costs of tourism in Turkey 2021?

Turkey is one of the least expensive countries in the case of tourism compared to similar European countries, and in order to roughly calculate what the cost of tourism in Turkey is, you need to collect the following costs: airline tickets that may differ from one airline to another and from one country to another, transportation fees in the country where Turkey provides a network Public transportation is available to everyone, and its cost is reasonable, the fees for booking a hotel or hotel apartment, and also the prices here range according to the evaluation of the hotel, so you can choose what you want according to your budget.

As for the costs of entering the tourist areas, they are considered very acceptable and symbolic, and we still have the cost of shopping and purchasing, which varies from one to another.

How did the tourism activity affect the real estate sector?

Because of Turkey’s scenic beauty and its famous landmarks, huge numbers of tourists flocked to the country and this led to the desire of some to settle in Turkey and live in it. Companies that provide apartment management services) and some have tended to buy real estate using the stock system, where you can own a specified period of time annually in a tourist resort as permanent ownership, benefiting from it annually at good prices.

Some investors and business people also tended to buy and resell the apartment and take advantage of the high profit margin that the Turkish real estate market achieves permanently.

Turkey is a tourist country with distinction, offering its visitors various services and tourism needs at reasonable prices, and it ranked sixth in the world in terms of tourism activity.

Here our article ended, and to obtain advice and offers of apartments for sale in Turkey, you can contact one of our consultants by calling or WhatsApp number: 00905444333589