Is it necessary to open a bank account in Turkey to buy real estate?
Opening a bank account in Turkey is not legally mandatory, but it is highly recommended. For transactions over 50,000 USD, documentary proof of the money transfer via a DAB (DΓΆviz AlΔ±m Belgesi) β a foreign currency purchase certificate issued by a Turkish bank β is required. Without a DAB, it is impossible to obtain a residence permit or citizenship based on investment.
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