Straight Talk: Episode 104 with Ece Selin Temel | Property Taxes & Expenses in Turkey

In this episode, Alaattin and our legal partner Ece Selin Temel shed light on the property tax laws that foreign property owners are legally obliged to pay while generating income from the said properties located in Turkey.(00:00) Introduction (01:43) What are CBI Program Taxes, Expenses, and the Closing Cost? (02:30) What does VAT mean for Foreign Buyers in Turkey and what are its Advantages? (03:11) Example of VAT Exemption from an Investment point of view! (05:58) What are the Expected taxes to be paid in the next 3-5 years after buying the property? (07:04) Property Ownership Tax Regulations (07:43) Rental Income Tax Regulations (09:08) AM I GOING TO BE DOUBLE TAXED?! (10:58) What Taxes do I have to pay when selling my property? (12:01) Example (12:38) Summary (13:42) Outro