We can offer our UK resident customers a product to assisted your home purchases in Turkey. Within the Turkiye Is Bankasi Group, which is well established in both countries, you can apply for this product as if you apply for it in Turkey. As Isbank London Branch, we are pleased to help you to set up your life in Turkey, which might be considered as a retirement plan or just to spend the summertime in this beautiful and colourful country.
DAB Certificate (Foreign Exchange Purchase Certificate)
As part of the property purchase process in Turkiye, overseas buyers are required to evidence that funds brought into the country have been transferred through the banking system and converted into Turkish Lira.
This is done through a DAB (Foreign Exchange Purchase Certificate), an official document issued by banks in Turkiye confirming that foreign currency has been converted into Turkish Lira for the purpose of the transaction.
Applicants will typically be required to open a bank account in Turkiye and complete the transfer and conversion of funds through the banking system.
Please note that the DAB certificate is a regulatory requirement for the completion of property purchases and title registration in Turkiye. Additional documentation and procedural steps may apply depending on the individual circumstances.
Our team will guide you through this process and support you at each stage.
We aim to create understanding of our customers, which is why we know how difficult it can be to establish a new life especially in a different country. We, as a Bank, can guide you through every step, leading to a successful and smooth process before and after the purchase.
Up to 50% loan to value
We can provide a loan amount of up to 50% of the valuation figure, which is in Turkish Lira, with the maximum loan period of 10 years.
Personal Banking Fee Schedule