New Era in Rent in Alanya! Heavy Penalties for Cash Payments

In Antalya and Alanya, rent payments will now only be made through banks or PTT offices. Heavy penalties ranging from 5,000 TL to 20 million TL will be imposed for cash payments.

The Ministry of Finance and Treasury has introduced an important regulation that directly affects tenants and landlords in regions like Antalya and Alanya. According to the new regulation, rental payments for both residential and commercial properties will be made exclusively through banks or PTT branches. Cash payments will lead to serious penalties for both tenants and property owners.

Serious Penalties for Cash Payments

Under the new regulation, penalties ranging from 5,000 TL to 20 million TL will be imposed for cash rental payments. These penalties apply to both tenants and landlords. The aim is to ensure that rental payments are recorded, preventing tax losses.

Purpose: Preventing Tax Losses and Strengthening Tenant Rights

The new system primarily aims to combat the informal economy and tax evasion. Making rent payments through banks or PTT allows for more transparent income tracking. At the same time, this system ensures tenants can provide proof of payment, helping to protect their rights.