“Foreign company” expression relates to “commercial companies having legal entity that were established according to the laws of their countries in foreign countries”; therefore, it differs from “foreign-capital companies” established in Turkey or joined by foreign investors.

Real property acquisition of foreign companies has been arranged under article 35 of Deed Law. According to this, foreign companies can acquire a limited real right on real property possession and real properties only within the framework of special law provisions. 

Current laws arranging the rights of real property acquisition and usufruct of foreign companies;

* 2634 numbered the law for the encouragement of tourism,
* 6326 numbered Petroleum Law,
* 4737 numbered Industry Zones Law.

Conditions and limitations are not required in establishing real property pledge in Turkey in favor of foreign companies as is the case for foreign real persons.