Тurkey prepares tax incentives: what it means in practice
General

Тurkey prepares tax incentives: what it means in practice

New tax initiatives are активно being discussed, which could make Turkey even more attractive for investors and those considering relocation.

Key ideas:
— potential exemption from tax on foreign income for new residents for an extended period
— simplified capital transfer into the country with a minimal rate (around 2–3%)
— additional incentives for businesses in selected sectors

It’s important to note: these are proposed measures and special regimes, not standard rules for everyone. Final conditions, timelines, and eligibility criteria will be crucial.

Why it matters:
Such steps strengthen Turkey’s position as a financial and investment hub and may impact the real estate market, business environment, and capital inflows.

Stay tuned for updates — once confirmed, these changes could open new opportunities to enter the market on more favorable terms.