As with any country, Turkey has its own rules on taxation and how much income investors are allowed to hang onto from their investment. “This is where reality often sets in for overseas investors.” says Ilker Kara, Head of TAM . TAM is a Turkey-based property management company with more than a decade of experience handling the administration elements that go with any investment in Turkey property including taxation which can catch out unwary buyers. “There are plenty of outstanding investment … [Read more...]
How To Rent Out Property In Turkey
So how do you join the growing number of investors renting out property in Turkey?How much rent can you expect to receive?These are just some of the questions we hear from investors so here is some advice we have put together to guide you through. … [Read more...]
Have You Filed Your Turkey Tax Return?
The deadline for filing income tax in Turkey is the 25th March, which means investors will have little time to prepare their income and expenses from renting out property in Turkey. The rules also apply to income made from letting out holiday homes according to advice from TAM Property Management. Non Turkish nationals are subject to a number of property related taxes depending on individual circumstances, just the same as in the UK and other countries and these will need to be taken into … [Read more...]
