The Foreign Currency Purchase Document (Döviz Alım Belgesi) has become a mandatory part of various financial transactions in Turkey—especially for foreign nationals buying property or applying for Turkish citizenship through investment. Introduced by the Central Bank of the Republic of Turkey (CBRT), this regulation ensures transparency in foreign exchange inflows and supports financial control mechanisms. Working with a professional Turkish Law Firm ensures compliance and efficiency in all related procedures.
At ER&GUN&ER Law Firm, our English Speaking Turkish Lawyers assist clients with the preparation, submission, and correction of Döviz Alım Belgesi for real estate, corporate investment, and immigration processes. Recognized as a best lawyer firm in Turkey for foreign investment, we coordinate with licensed banks, notaries, and the Land Registry to protect our clients' rights throughout the transaction.
What Is a Foreign Currency Purchase Document (Döviz Alım Belgesi)?
A Döviz Alım Belgesi is an official bank-issued confirmation that a foreign buyer has exchanged their foreign currency into Turkish Lira through a licensed Turkish bank. This document is required to prove currency conversion in real estate purchases and other regulated transactions involving foreign investors.
When Is Döviz Alım Belgesi Required?
- Purchasing real estate in Turkey as a foreigner
- Applying for Turkish Citizenship by Investment
- Registering foreign capital into a Turkish company
- Repayment of certain types of foreign loans
Our corporate team also ensures DAB compliance in capital injection filings for new businesses.
Legal Requirements for Currency Purchase Documentation
- The amount must be transferred from a foreign bank account
- The currency must be converted into TRY (Turkish Lira) at a licensed bank
- The bank must issue an official Döviz Alım Belgesi (Form) naming the buyer and purpose
- The document must be submitted to the Tapu (Land Registry) or the immigration authority
Our Turkish Law Firm handles bank coordination and filing to ensure that DAB reflects the correct buyer name, passport number, and payment purpose.
Common Issues and How We Resolve Them
- Incorrect beneficiary or name mismatch in the DAB
- Missing buyer’s passport number or reference code
- Currency converted outside of licensed banks
- Discrepancy between sales amount and DAB total
We work with both the buyer’s bank and the seller’s representative to correct errors and reissue documents if needed.
Real Estate Transactions and DAB
For real estate purchases by foreigners, a valid DAB must be presented to the Land Registry during title deed transfer. This ensures that:
- The transaction complies with Turkish FX Law
- The property is eligible for citizenship application if needed
- The purchase price declared is traceable via banking system
Our team coordinates with the Tapu Directorate, notaries, and banks to manage the process end-to-end under POA.
Working with a Turkish Law Firm Ensures:
- Compliance with Turkish banking and land registry laws
- Correct and timely issuance of Döviz Alım Belgesi
- Cross-verification with property documents and bank transfers
- Clear chain of evidence for legal due diligence
- Protection against fraud or seller misrepresentation
We advise both real estate investors and corporate entities seeking to invest capital in Turkey.
Internal Resources You Should Explore
- Bank Account Opening in Turkey
- Contract-Based Foreign Payments
- Best Lawyer Firm for Investment Transactions
- Corporate Advisory for Foreign-Owned Companies
Frequently Asked Questions (FAQs)
- Is the Döviz Alım Belgesi mandatory for every property sale? Yes, if the buyer is a foreign national paying from abroad.
- Which bank should I use? Any licensed Turkish bank can issue the DAB. We coordinate with banks daily.
- Can the currency be converted by the seller? No. The buyer must convert and be named in the DAB.
- Can the DAB be corrected? Yes. We assist in reissuing corrected versions if needed.
- Can your firm manage this remotely? Absolutely. We act under POA on your behalf and provide copies of all documents.
Contact Our Turkish Law Firm for DAB Support
Managing the currency purchase and DAB process in Turkey requires technical accuracy and legal oversight. At ER&GUN&ER Law Firm, our English Speaking Turkish Lawyers help foreign investors secure compliant transactions from bank to title deed. As a trusted Turkish Law Firm and a recognized best lawyer firm in Turkey, we provide fast, accurate, and compliant legal solutions.