Under Article 13/i of Turkish VAT Law No. 3065, non-resident foreign investors are fully exempt from paying Value Added Tax (KDV), which typically ranges from 1% to 20% of the property's gross value, saving buyers tens of thousands of dollars on new residential and commercial real estate.

This comprehensive guide from the GARS Legal & Real Estate Department breaks down non-residency verification, foreign currency banking rules, and the 3-year holding restriction on the title deed (Tapu).


1. What is the KDV Exemption & Who Qualifies?

KDV is levied on the initial sale of new buildings delivered directly by developer companies. To attract foreign capital, the government waives this tax for non-resident foreign citizens and Turkish expatriates living abroad with valid work permits for over 6 months, provided the property is not sold within 3 years.


2. Mandatory Eligibility Criteria

Criterion 2026 Legal Rule
Buyer Status Foreign national without permanent Turkish tax residency; staying less than 6 months in Turkey during the purchase year.
Property Type First delivery (newly completed or off-plan) residential, commercial, or office units purchased directly from the constructor.
Payment Source 100% paid in foreign currency transferred from a foreign bank account to Turkey, documented via official SWIFT receipts.
Holding Undertaking A formal 3-year non-sale annotation placed onto the title deed (Tapu) by the Land Registry.

3. Step-by-Step Exemption Application

  • Obtain non-residency entry-exit logs from Migration Management (Göç İdaresi).
  • Collect verified SWIFT international wire transfer proofs matching contract amounts.
  • Submit file to the local Tax Administration (Vergi Dairesi) for the official Exemption Certificate (KDV Muafiyet Belgesi).
  • Complete Tapu transfer with the 3-year non-disposal caveat registered.

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