The Regulation on the Acquisition of Real Property and Limited Real Rights of Foreign Capital Companies (published in the Official Gazette dated 6 October 2010 and numbered 27721) (the “Regulation”) entered into force and repealed the previous regulation (Regulation on the Acquisition of the Real Property of Foreign Capital Companies). Accordingly, under the condition that there is no foreign partner, companies established by or contributed to by people within the scope of Article 28 of the Law on Turkish Citizenship (Law No. 5901) and Turkish citizens residing abroad may acquire real property and limited real rights within the frame of provisions that apply to Turkish citizens. The Regulation contains application procedures, evaluation of the property’s zone by the Chairmanship of the General Staff (military exclusion zones, military security zones or strategic zones), the acquisition of real property in a security zone, conversion of domestic capital companies to foreign capital companies and the use of properties acquired.