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Is the ban on foreign currency rental agreements still in effect in Türkiye?

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Yes, the ban on this issue continues.

(2) Residents in Türkiye cannot decide on the contract price and other payment obligations arising from these contracts in foreign currency or indexed to foreign currency in real estate rental contracts that are subject to real estate located in Türkiye, including residences and roofed workplaces.

(3) In real estate sales and rental contracts to which residents of Türkiye who do not have citizenship ties with the Republic of Türkiye or the persons specified in the nineteenth paragraph of this article are parties as buyers or tenants, it is possible to decide on the contract price and other payment obligations arising from these contracts in foreign currency or indexed to foreign currency.


Source: Istanbul Chamber of Certified Public Accountants
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