Should You Put Your Istanbul Property in Your Name or Your Company?
One of the most important decisions foreign and local buyers face when purchasing property in Istanbul is how to structure ownership. Should the property be registered under your personal name, or should it be purchased through a company?
Each option has different legal, tax, and strategic implications. The right choice depends on your goals — whether they’re lifestyle-oriented, investment-focused, or business-related. This guide breaks down the key differences to help buyers make informed decisions.
Buying Property in Your Personal Name
Purchasing property in your own name is the most common approach, especially for first-time buyers and residential purchases.
Advantages
Simpler process: Fewer documents and faster transactions
Lower setup costs: No need to establish or maintain a company
Eligibility for residency: Property ownership supports residency applications
Citizenship by Investment eligibility: Personal purchases can qualify directly
Best For
Primary residences
Long-term rental investments
Buyers seeking residency or citizenship
Individuals purchasing 1–2 properties
Buying Property Through a Company
Purchasing property via a Turkish or foreign-owned company is more complex but offers strategic benefits for certain investors.
Advantages
Commercial flexibility: Suitable for offices, hotels, or portfolios
Structured ownership: Easier partner arrangements and asset management
Potential tax planning: Certain expenses may be deductible
Scalability: Better for investors acquiring multiple properties
Considerations
Company setup and annual accounting costs
More documentation during purchase
Different tax treatment on rental income
Citizenship by Investment rules are more restrictive for companies
Best For
Commercial real estate
Multiple-property portfolios
Business owners and developers
Long-term operational investments
Tax Differences to Consider
Personal Ownership
Rental income taxed at progressive personal rates
Capital gains tax may apply if sold within 5 years
Simpler annual tax filing
Company Ownership
Corporate tax applies to profits
Ongoing accounting and compliance costs
Potential VAT considerations for commercial assets
Tax outcomes vary based on structure, location, and usage — professional advice is essential.
Residency & Citizenship Implications
Residency: Both personal and company ownership can support residency, depending on structure.
Citizenship: Most Citizenship by Investment purchases are done in an individual’s name. Company-owned properties require special structuring and may not qualify automatically.
For buyers seeking Turkish citizenship, personal ownership is often the simplest route.
Exit Strategy & Resale
Personal ownership: Easier resale to end users
Company ownership: May be sold as a company asset or via share transfer
Your long-term exit plan should influence your ownership choice.
Which Option Is Right for You?
Choose personal ownership if:
You want simplicity
You plan to live in the property
Citizenship or residency is a priority
Choose company ownership if:
You’re operating a business
You’re buying commercial assets
You plan to scale a portfolio
Final Thoughts
There is no universal answer — the right structure depends on your investment size, goals, and long-term plans. Making the correct decision at the purchase stage can save time, money, and legal complications later.
Need Guidance on Property Ownership Structure in Istanbul?
We work closely with legal and tax professionals to help buyers choose the most effective ownership strategy for their situation.
Contact us today for tailored advice on buying property in Istanbul — personally or through a company.
