When you want to apply for Turkish citizenship through the purchase of real estate, the following taxes will be applied: 1) Title Deed Transfer Tax - approximately 4% of the declared title deed value. While the purchase price is paid in USD (or the equivalent in other currency), the declared Title Deed value will be shown in Turkish Lira. 2) Annual Property Tax - it is calculated at a fixed rate over the value of the real estate each year and is paid twice a year. After acquiring Turkish citizenship, you can transfer funds from abroad to your bank account in Turkey. This fund itself is not taxable, but if you use the fund as an investment and earn income, that income will be taxable.
