Opening a Bank Account

Everyone who decides to purchase real estate in Turkey requires a bank account in a Turkish bank. If you do not have a residential address in Turkey that can be confirmed with utility bills for electricity or water, you will need a tax number (TIN) and a passport with your registered address to open a bank account.

Having a bank account is not only necessary for settling payments for your apartment or villa, but it is also essential for future utility bill payments, which can be set up for auto-payment.

Attention!

In Turkey, banks do not require documents proving the source of funds. There are no restrictions for transferring your assets to another country.