Turkey

Buying a car in Turkey

Taxes on Purchasing a Vehicle in Turkey (2026)

Taxes on Vehicle Purchases in Turkey (2026) Buying a car in Turkey involves two taxes that apply once, at purchase: the Special Consumption Tax (ÖTV, often translated as SCT) and Value Added Tax (KDV, VAT). After the purchase the owner also pays the annual Motor Vehicle Tax (MTV), a registration or transfer charge, and a periodic roadworthiness inspection. This guide sets out the rates and amounts in...

Real Estate Insurance and Its Control in Turkey in 2024

Real Estate Insurance and Its Control in Turkey

Property insurance in Turkey is not optional paperwork — it is a legal requirement tied directly to the country’s seismic risk, and the rules around it keep evolving. This guide covers what compulsory earthquake insurance actually covers today, the voluntary policies that fill the gaps DASK leaves open, and the broader disaster insurance reform currently working its way through Turkish...

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5 Places in Turkey That Will Make You Fall in Love

1. Kaputaş Beach: Small but charming: Located in Kaş, this beach is considered one of the most picturesque in Turkey. Turquoise water and golden sand: Perfect for a relaxing swim and sunbathing. Majestic cliffs: Surround the beach, creating a unique atmosphere. 2. Göreme, Cappadocia: Fairytale town: Houses and hotels are carved into the rocks, creating a magical feel....

Istanbul cityscape representing export of cash currency rules in Turkey

Pay Your Turkish Rental Taxes and Live Comfortably

This article will guide you through the process of paying taxes on your rental income in Turkey, ensuring you can rest easy knowing you are in compliance with the law. When to file: The declaration is filed with the tax authorities in March of the current year for the previous year. Tax-free threshold: You are exempt from paying tax if your total annual income is no more than 21,000...

Turkish Real Estate Market February 2024 Key Statistics and Trends

Turkish Real Estate Market Statistics and Trends

Turkey’s official property sales data tells a more nuanced story in 2026 than the headline national totals suggest: overall sales volume remains healthy, but foreign buyer demand specifically has been cooling for several consecutive quarters. This guide breaks down the latest published statistics from Turkey’s Statistical Institute (TÜİK) on both national and foreign property sales, who is...

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Pegasus Airlines Updates Fare Structure: New Names, Fewer Carry-On Bags

February 14, 2024 – Pegasus Airlines, a Turkish low-cost carrier, has announced updates to its fare structure, including new names for existing fares and changes to carry-on baggage allowances. The new rules will apply to tickets purchased on or after February 14, 2024. Changes to Fare Names and Carry-On Allowances The following changes will be made to Pegasus' fare structure: Basic fare is...

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