The determination of the sale price in the official deed for the sale of the immovable and the price to be paid in advance, which is included in the preliminary agreement to sell drawn up by the notary public for the promise of the sale of the real estate shall be done within the scope of the procedures and principles set forth in the Circular numbered 2022/1 and titled "Foreign Exchange Purchase Certificate in Acquisitions of Foreign Natural Persons".
In this context, the buyer, seller, their attorneys or representatives must sell the sales price in US Dollars or the equivalent amount of foreign currency to a bank to be sold to the Central Bank and the foreign currency purchase certificate to be issued by the bank must be sent to the relevant Land Registry Office via KEP (registered electronic mail).
In the preliminary agreement to sell, the foreign exchange purchase certificate must be issued for the minimum amount paid in advance and at the latest on the date of the agreement.
In the foreign exchange purchase certificate, at least, a statement stating that the name, surname, passport number or foreign identity number, real estate number, the US dollar equivalent of the foreign currency purchased and that this transaction was carried out within the scope of acquisition of Turkish citizenship or Article 13 of the Circular on Capital Movements is required to be included
The number of the immoveable can be obtained from the address https://parselsorgu.tkgm.gov.tr/ and it is possible to include the immovable number of the independent section or the main immovable according to the nature of the immovable and if this is not available, the plot/parcel information.
An official deed will be issued by the Land Registry Office based on the TL amount shown in the foreign exchange purchase certificates. In the transactions made since the 'Foreign Exchange Purchase Certificate' application, additional currency calculation will not be made according to the application date regarding the sales or promise of sale price and foreign currency purchase certificates will be taken as the basis for determining the amount.
A payment item (VAT, commission, expense, tax, fee, etc.) will not be included in the sales amount based on the declared value, other than the real estate sales price or the amount paid in advance in the preliminary agreement to sell.
Within the scope of these regulations, special attention should be paid to the amount of foreign exchange sales, since the payment for the amount declared in the official deed will be made to the bank.
It is possible to draw up the preliminary agreement to sell to which foreign persons are a party, in US Dollars or other foreign currencies. In this case, the amount of the promise to sell based on expenditure in the preliminary agreement to sell drawn up in foreign currency is calculated by taking into account the exchange rate stated in the foreign currency purchase certificate. The fee is collected as specified in tariff no. 4 attached to the Fees Law No. 492.