What is the principle of reciprocity and how it works?
According to reciprocity principle a foreign state recognizes the right of the Turkish Republic citizens and Turkish traders at the same level as for their own citizens or commercial companies, forming a legal entity and set up in accordance with national legislation. Thus, the compliance of the reciprocity principle of the real property purchasing between Turkey and the foreign state indicates the existence of a legal framework and mechanism for its practical implementation. In this regard, buying procedure of turkish real estate for foreign citizens or companies depends on the terms of its acquisition in that state for Turkish citizens or trade companies, and depands on the existence of legally prescribed rights, as well as the mechanism for their implementation. In other words, a foreigner can buy property in Turkey only if the country of which he is a citizen of, allow Turkish citizens to acquire property within its territory.