20 Years Tax-Free in Turkey – Can Istanbul Become an Alternative to Dubai?

Turkey recently announced its new tax regime, offering up to 20 years of exemption on foreign income. This measure could completely reshape the landscape of international tax planning, and today we’ll discuss it in greater detail.

For years, Dubai has been the go-to destination for entrepreneurs, investors, and tax nomads seeking to reduce their tax burden. However, the international landscape is constantly changing.

While traditional jurisdictions like Dubai are imposing more and more obstacles—with corporate taxes and the red tape of regulatory compliance—and Europe continues to gradually phase out its non-dom programs (as has happened in the United Kingdom and Portugal), Turkey has just caused a political earthquake with very positive effects for Perpetual Tourists and, in general, entrepreneurs who aren’t tied to a fixed location.

The red carpet has been rolled out for foreign capital; they’ve just approved a 20-year tax moratorium on personal income earned abroad.

If you combine this special regime with the massive tax breaks for service exporters, a fairly comprehensive labor market, and a solid set of double taxation treaties, Turkey catapults itself into the ranks of the world’s most attractive countries.

But be careful: anyone who doesn’t pay attention to the details could quickly fall into the “effective management” trap or face major obstacles because they failed to take into account the limitations on payment options in Turkey. After all, all that glitters is not gold.

Here is our full analysis of Turkey as a new option for anyone looking to relocate their tax residence.

Turkey Offers 20 Years of Tax Exemption for New Residents

Turkey aims to attract foreign capital, investors, and entrepreneurs to the country. This is precisely the rationale behind Turkey’s new special regime, which offers unprecedented benefits to those who become tax residents and have not been tax residents there for the past three years (a relatively short period compared to the requirements of other countries).

What does this regime for new residents entail?

• 100% tax-free on foreign personal income: Anyone who legally relocates their center of life to Turkey and has not been subject to taxation there in the preceding three (3) years will pay 0% tax on foreign personal income. This will apply for a period of 20 years.
• What types of income are exempt? The program covers global capital gains (stocks, ETFs), foreign dividends, interest, rental income from abroad, and—very explicitly—gains from cryptocurrencies.
• No wealth tax: Your total foreign assets remain untouched.
• Advantages for personal imports: Anyone familiar with the Turkish tax system knows how problematic the absurd Special Consumption Tax (ÖTV) can be, as it drives up the cost of cars and electronic devices—in some cases by more than 100%. The new regime offers immigrants significant benefits when importing their personal vehicle and household goods.

Residence Permit and “Plan B” Passport: Immigration Mechanisms

To take advantage of tax benefits with legal certainty, it is essential to have the proper legal basis. The classic “tourist ikamet” based on cheap rental contracts is now being rejected en masse by the authorities. Thus, currently, for entrepreneurs and investors, there are three predefined pathways to obtaining a residence visa:

1. The Digital Nomad Visa (pilot program)

This is the easiest way to get started for those who work remotely and are not tied to any specific location. The application is submitted in advance digitally through the official government portal.

• Eligibility criteria: Be between 21 and 55 years old and hold a university degree.
• Income: A minimum of $3,000 per month (or $36,000 per year) derived exclusively from foreign sources.
• Drawback: Perfect for the first year, but in the long term, it’s better to choose another option, especially if you want to obtain a tax certificate under a double taxation agreement to submit to the tax authorities in your home country.

2. Temporary Residence / Ikamet (Permanent Tax Residence)

Purchasing a home is the surest way to obtain permanent residence (Taşınmaz İkamet İzni).

• The $200,000 rule: The property must be located in a neighborhood open to foreigners (where the percentage of foreigners is less than 20%). The official appraised value (Ekspertiz) and the value recorded in the land registry (Tapu) must be at least $200,000.
• Family: This status guarantees a residence permit for the investor, their spouse, and their minor children.
• Foreign exchange regulations: The purchase price must be converted from foreign currency to Turkish lira (TRY) through the Central Bank and paid to the seller via bank transfer.

3. Citizenship by Investment / CBI (the “Plan B” passport)

For complete geopolitical diversification, Turkey offers one of the fastest citizenship programs in the world, where you can even adopt a Turkish first name to change your identity. We do not find this passport particularly appealing, as, in our opinion, Turkish citizenship carries incalculable risks to personal freedom; however, we can, of course, help you obtain it.

• Real Estate Option: The purchase of real estate with a total value of at least 400,000 USD. In addition, you must pay several tens of thousands of USD in fees.
• Bank Deposit Option: An investment of at least 500,000 USD (or the equivalent in EUR) in a Turkish bank account or in government bonds. In this case, you must also pay several tens of thousands of USD in fees.
• The 3-year holding period: The capital or real estate is tied up for only 3 years. After that time, you can liquidate the asset; the passport will remain yours and your family’s for life. However, mandatory military service does apply, at least for your descendants.
• The advantage of the U.S. E-2 visa: Since Turkey is a signatory to the E-2 treaty with the U.S., a Turkish passport entitles you to apply for the coveted E-2 investor visa. Thanks to this visa, with a modest capital investment, you can set up an operational business in the U.S. and immigrate there (we can help you with this as well).

Becoming a Tax Resident with a Turkish Residence Permit and a Place to Live

The most important question for any entrepreneur who isn’t tied to a specific location: “Do the ikamet (residence permit) and having a place to live make you a Turkish tax resident, or do you have to spend half a year in the country?”

In this regard, a clear distinction must be made between national law and international law (double taxation treaties).

Turkish tax residency law: just one day is enough to become a tax resident

The Turkish Income Tax Law (GVK, Art. 4) defines two independent pathways to unlimited tax liability (worldwide income principle):

1. Civil domicile (İkametgâh): As soon as you obtain your ikamet, rent or purchase a home, and register with the state civil registry (MERNİS), you will be subject to taxation in Turkey from day one. A 183-day stay is not required.
2. Physical presence: Anyone who does not have an official residence but actually stays in the country for more than 6 months (183 days) will also be subject to taxation.

This means you can obtain your ikamet, register a residence, and head off to Bali (or wherever you want) the very next day. Legally, you’re within the Turkish tax system, and your private income from abroad is exempt for 20 years thanks to the special regime. So, technically speaking, the program has no minimum stay requirement.

The double taxation treaty issue: why or when you need the 183-day rule anyway

The problem isn’t Turkey, but the tax authorities of other countries. If you want to take advantage of Turkey’s favorable double taxation treaties, these countries require a Turkish tax residence certificate (Mukimlik Belgesi) as proof.

It turns out that, in practice, the Turkish tax authorities usually issue this certificate for international treaties only when they verify in the digital border control system (E-Devlet) that you have been in the country for 183 days or more. “Paper-only” residencies are not accepted for the double taxation treaty certificate. This is the standard worldwide—for example, also in the United Arab Emirates, where a 90-day stay makes you a taxpayer at the national level, but 183 days are required to obtain an internationally recognized tax certificate—.

It is to be expected that many digital nomads, due to a lack of information, will fall into a trap similar to the one in Dubai. Unlike the UAE, where a residence permit does not necessarily imply an obligation to pay taxes, the situation in Turkey is different. Turkey is of no use whatsoever as a residence for regulatory compliance purposes, but, if structured properly, it is an ideal country for permanent emigration, especially for entrepreneurs who want to expand locally. This way, you can easily navigate the challenges associated with automatic national tax residency.

The “Place of Effective Management” Trap and the Case of LLCs

To date, Turkey has applied the OECD’s international standards on the Place of Effective Management (Kanuni ve İş Merkezi) in an extremely restrictive manner.

It is not yet clear whether users of the new special regime will also be subject to these strict rules, as that would significantly reduce Turkey’s newfound appeal.

Personally, we believe that letterbox companies can be managed without any problems from Turkey, as long as they do not target domestic clients. Time will tell who is right; until then, we recommend playing it safe by ensuring adequate substance.

From a legal standpoint, it is not enough simply to “not be in Turkey.” International tax law requires positive proof of where the company’s management is actually located.

If you run a U.S. LLC without local directors in the U.S. and your sole tax residence worldwide is Turkey, the Turkish tax authorities will argue: “The CEO resides in Turkey. In the absence of a permanent establishment or a registered address in the U.S. or any other country, the PoEM (place of effective management) is deemed to be the CEO’s place of residence.”

The consequence: Your active LLC will be classified as a domestic Turkish corporation. The 20-year tax exemption (which applies only to private income) will be forfeited. You will have to pay a 25% corporate income tax, in addition to possible penalties for tax evasion.

Turkey also has a fully developed law governing foreign entities, known as KEYK (Kontrol Edilen Yabancı Kurum).

This law applies and directly attributes the profits of a foreign company (such as a U.S. LLC or a Dubai-based company) to you personally if all three of the following criteria are met simultaneously:

• Control: You hold, directly or indirectly, at least 50% of the shares or voting rights in the foreign company.
• Passive income: At least 25% of the gross income of the foreign company comes from passive sources, such as dividends, interest, licensing fees, rental income, or the mere trading of securities.
• Low taxation: The foreign company’s effective tax rate is less than 10%.

Interaction with the Turkish tax moratorium: The KEYK regulations legally classify transferred passive profits as a fictitious private distribution (dividend).

This is where the protective effect of the new 20-year tax exemption comes into play: since this special regime provides a 100% income tax exemption on capital gains and private dividends from abroad, the taxation of income under the Turkish Controlled Foreign Corporation (CFC) regime for new immigrants is, in effect, rendered void. Although the government may intervene, it cannot tax that amount due to your special status.

Note: This applies exclusively to income that you can demonstrate is passive (such as a cryptocurrency staking portfolio or a stock portfolio in the LLC). As soon as you provide active services through for example, an LLC and are physically present in Turkey, the CFC law does not apply; instead, the strict permanent establishment (PoEM) rules described above apply, which immediately nullify the tax exemption. Even many tax advisors constantly confuse these two mechanisms, which is why we’ve explained them here again in detail.

Incorporating a Company in Turkey and Tax Benefits (5% Tax Rate in Certain Cases)

If you choose to work directly from Turkey, you can also opt to take advantage of the domestic tax regime. Turkey heavily subsidizes the export of services to attract foreign currency into the country.

• The 80% exemption: If you incorporate a standard Turkish domestic company (Şirket / Limited) and provide qualified services (software development, IT, consulting, marketing, engineering, design) to clients outside Turkey, 80% of those profits are exempt from corporate income tax. The standard tax rate is 25%, but since you only pay taxes on 20% of your profits, the effective tax burden is reduced to 5%. This is completely legal, allows for maximum local presence, and carries no risk regarding effective management (which would be in Turkey, of course).
• The holding company: If a qualified holding company owns your Turkish company, the dividends you distribute will be reclassified from domestic income to foreign income and may be redistributed in Turkey without paying taxes. The withholding tax on Turkish dividends is 15%, and with typical EU holding companies, it’s usually reduced by only 5% (note: due to the conflict with Cyprus, there’s no double taxation treaty, so the holding company shouldn’t be based in Cyprus). In the Turkish context, the best option is a holding company in the European Balkan countries that were once part of the Ottoman Empire. If you opt for a holding company in Bosnia, for example, you reduce the withholding tax at source by 10% (bringing it down to 5%) and, furthermore, it is not subject to any withholding tax in the event of subsequent redistribution to Turkey (tax distribution to the individual).

Turkey has set the minimum wage for 2026 at 33,030 TRY gross (about 619 € gross). With that, you can easily hire local employees without foreign language skills (for example, for cleaning, basic accounting, or administrative tasks without customer contact) for slightly more than that amount (between 600 and 700 euros net).

If you want to hire people who speak other languages (C1/C2 level), for example, as sales representatives in international operations, customer service, or B2B technical support, the cost will naturally be higher. Many German-speaking companies, in particular, are outsourcing extensively to Turkey.

In the case of German-speaking staff:

• Base salary (fixed): The standard range for a German-speaking employee in 2026 will be between €1,200 and €1,500 net per month. In fact, many companies set this salary directly in euros in their employment contracts (or pay the daily equivalent in lira) to protect employees from inflation.
• Commissions (OTE – On Target Earnings): In the context of high-value sales closes or proactive B2B sales, extremely lucrative commission models come into play. Realistically, the top salespeople in Turkey earn between €2,500 and €3,500 per month.

Regional salary comparison: Where should you open your office?

The choice of location greatly influences how long your employees stay with you (retention rate). The cost of living in Turkey varies greatly from one area to another.

Istanbul: the upscale area (high cost / high turnover)

• Salary range for multilingual employees: between €1,500 and €1,800 fixed.
• The reality: Istanbul has become a booming city. Rents in safe, modern neighborhoods (Kadıköy, Beşiktaş, Şişli) have already reached Western European levels (often over 1,000 euros for a nice apartment). A salary of 1,300 euros is barely enough to live a luxurious lifestyle here.
• Conclusion: Ideal for corporate headquarters and for its prestige. For a large customer service center with 50 employees or a sales team, Istanbul is already becoming almost too expensive due to high staff turnover and high rents.

Antalya: The Stronghold of Customer Service Centers (the ideal location for sales)

• Salary range for foreign-language speakers: between €1,200 and €1,300 fixed.
• The reality: Major German call center companies (such as KiKxxl) have made Antalya their hub. There is a huge German-speaking community there. Rents have become somewhat more moderate following the boom of recent years.
• Conclusion: Perfect for outbound sales and B2C customer service. You’ll quickly find staff willing to work hard for a base salary of €1,300 plus commissions.

Izmir: The hub for technology and quality (the best value for money)

• Salary range for foreign-language speakers: between €1,300 and €1,400 fixed.
• The reality: Izmir is a liberal and modern city, situated on the coast, and is much cheaper and quieter than Istanbul. Many highly qualified “Almancılar” move to Izmir specifically to escape the hustle and bustle of Istanbul.
• Conclusion: It’s a true hidden gem. If you’re looking for B2B support staff, account managers, developers, or project managers who work independently, in Izmir you’ll find, for 1,400 euros, top-tier professionals who will stay with your company long-term—because with that salary, they can build a dream life there.

Summary for your strategy: Budget 1,300 euros in base salary per person for your internationally oriented team. Be sure to offer a salary pegged to the euro—it’s the biggest draw when hiring. Combine this with a solid commission structure. This way, you’ll make the most of the location arbitrage offered by the Turkish company—which handles 5% of exports—while also providing your local staff with a first-class lifestyle.

The Disadvantages and Risks of Choosing Turkey for Your Flag Theory

If you want to conduct a realistic analysis based on the Flag Theory, you can’t overlook the operational challenges. Turkey isn’t a “plug-and-play” location like many typical territorial taxation solutions. If you choose this setup, you’ll have to manage the following drawbacks:

1. The nightmare of international payments (no PayPal, no Stripe)

For pure e-commerce or digital products, Turkey is an operational nightmare. PayPal has been banned by the government since 2016. Stripe does not support Turkish-based companies. To accept credit card payments, you’ll have to search extensively to find a company that offers its services to you, and the fees will be quite high.

It’s best not to use your Turkish company to collect payments from customers. Set up a company abroad—for example, a U.S. LLC—that serves exclusively as a payment collection hub (connected to Stripe/PayPal). This foreign company can retain a 5% commission for its services and transfer the remainder to the Turkish company. The money enters Turkey as legal export revenue. Of course, there must be a contract in place that you’ll need to present to the banks you work with to facilitate transfers between the foreign and Turkish companies.

2. The Aftermath of Regulatory Compliance (Consequences of the “Gray List”)

Turkey was on the FATF’s “gray list” until mid-2024. Although it has since been removed, the risk models of Western banks (N26, Revolut, European business accounts) remain extremely sensitive. Transfers from Turkish business accounts to the EU often trigger severe “de-risking” (account freezes). Many customers may find it difficult to make payments to Turkey, so you’ll need to try to obtain a SEPA business account through European fintechs. Having your registered address in Turkey is still considered problematic in terms of money laundering; it’s best to use a paper address for banking compliance elsewhere, even if you maintain your tax residence in Turkey.

3. Currency Devaluation and Inflation: The Liquidity Trap

The Turkish lira (TRY) is in a spiral of devaluation without historical precedent. What at first glance seems like a boon for your operating margin—because your revenue in euros or USD appears to be worth more liras each month—turns out to be, if not managed properly, a real problem for profitability.

• The problem with company reserves: anyone who leaves profits in liras in the company account is rapidly eroding purchasing power. Inflation erodes local capital faster than it takes your tax advisor to type up the balance sheet. Holding significant balances in TRY is business suicide.
• The radical step: move away from Turkish bank accounts. Although the Turkish banking system is technically very modern, it is subject to constant oversight by the Central Bank (TCMB) and extreme restrictions on currency transfers. You face bureaucratic hurdles when exchanging lira for hard currencies, high spread fees, and the latent risk of sudden capital controls.
• The only viable strategy for your accounts: use Turkish banks exclusively as “transit accounts.” There, you keep only as many lira as are strictly necessary to cover upcoming local monthly salaries, rent, and taxes. Your actual operating accounts, your reserve fund, and your savings are held entirely outside of Turkey—either in multi-currency accounts in politically stable third countries (for example, EMI solutions in the United Kingdom or Lithuania, accounts in Singapore or Liechtenstein) or directly in cryptocurrencies (USDT/USDC). The latter is fully accepted in the Turkish business world due to hyperinflation and, in the B2B sector, is treated as if it were cash.

4. Absurd Consumption Taxes (ÖTV) and the Airport Customs Trap

Turkey is a classic “low income tax, high consumption tax” country. What the government doesn’t take from you in income tax (0% for individuals, 5% on the export of services), it more than makes up for when you consume. The tool of this scam is called Özel Tüketim Vergisi (ÖTV), the special consumption tax.

The hangover of luxury: The government imposes exorbitant surcharges on anything that is even remotely fun or trendy. An imported iPhone costs, in Turkey—due to the combination of ÖTV, KDV (VAT), and a special TRT broadcasting fee—easily twice as much as in Europe. In the case of cars, the situation is even more absurd: depending on the engine displacement, the ÖTV can amount to up to 220% of the vehicle’s net value. A simple VW Golf becomes a luxury item because of its price, and a Porsche 911 can easily cost as much as a villa on the Bosphorus.

The dangerous customs trap at the airport: Many expats believe they can get around the system by buying watches, laptops, or designer clothing in the DACH region or even in Dubai and bringing them back in their suitcases.

Warning: As soon as you have your ikamet (residence permit), your legal status changes radically. As far as Turkish customs is concerned, you are no longer a “tourist” eligible for generous exemptions. Customs officials at the airports in Istanbul and Antalya are very familiar with this type of traveler. If, upon entering the country, they find brand-new luxury items, sealed electronic devices, or expensive jewelry in your luggage, customs will act without mercy. You will be retroactively charged import taxes and ÖTV surcharges that will far exceed the European purchase price, in addition to draconian penalties for attempted tax fraud.

The only exception: the one-time, official import of household goods (Mavi Kart / tax privilege for first-time immigrants); however, this must be meticulously declared in advance and processed through shipping companies.

The Language Barrier and Bureaucracy

Anyone who thinks they can navigate Turkish bureaucracy using common sense or “digital ease” as in Estonia will end up traumatized within a matter of weeks. The Turkish system is a highly centralized, paperwork-heavy, and formalistic apparatus that rivals even the most bureaucratic European countries in the world.

In government offices (whether the Tax Office Vergi Dairesi, the Land Registry Tapu, or the Immigration Office Göç İdaresi), no one speaks English. Legal texts and official rulings are written in extremely convoluted administrative Turkish, with Ottoman influences, which even gives locals headaches. Communicating without a translator or an authorized advisor is simply impossible.

The complexity of tax legislation. Turkish tax legislation is unforgiving. There are monthly advance payments of value-added tax, quarterly provisional tax returns (Geçici Vergi), and the infamous stamp tax (Damga Vergisi). The latter means that, for virtually every official contract your company signs (lease agreements, employment contracts, major agreements with clients), you must pay the government a percentage-based tax on the total value of the contract before it is even legally valid.

The draconian practice of penalties: The system does not forgive any mistakes. If your accountant misses the deadline by even just 24 hours or miscalculates the stamp tax, the tax authorities will automatically impose very severe late filing penalties and late payment interest (Usulsüzlük Cezası).

The most important key player at the local level: your entire system depends on the quality of your Mali Müşavir (certified tax advisor). Here, you don’t need just any accountant—the kind who usually handles the books for the corner newsstand—but rather a specialized firm in Istanbul or Izmir that speaks fluent English, understands international business structures, and has experience managing the 80% export tax exemption. If you skimp on this, your entire structure will come crashing down at the first audit.

The infamous stamp tax: The Damga Vergisi is a transaction tax that is often underestimated and applies as soon as a document is signed in Turkey, registered there, or submitted to a local institution. What counts is the total gross value stated in the contract.

Commercial contracts (0.948%): Standard contracts for services, sales, consulting, or loans are subject to 9.48 per thousand of the total value, and this applies immediately upon signing, regardless of subsequent cash flows.

Rental and salary contracts: Rental contracts are taxed at a reduced rate of 0.189% throughout their term. Salary payments made through the local payroll are subject to a stamp tax of 0.759% of the gross salary.

The cap: To avoid hindering large projects, the law sets a cap on the stamp tax per document. The cap is adjusted annually and currently stands at just over 29.1 million TRY (about 800,000 euros).

Flat fees: For purely formal documents and each monthly or quarterly tax return, the government charges flat stamp duty fees ranging from approximately 790 TRY to 1,600 TRY.

Both parties to the contract are jointly and severally liable for payment of the tax. Your tax advisor must file the return by the 26th of the following month. If there are errors, you may face late payment surcharges and draconian fines (Usulsüzlük Cezası).

Exit Tax, Social Security Contributions, and Employer Costs: The Complete Picture

When choosing a new tax residence, you should not only consider how much you pay while you’re a tax resident in that country, but also when you leave. Here, of course, we’re referring to the exit tax.

In the case of Turkey, we find a country with no exit tax. In Turkey, there is no exit tax on unrealized capital gains for individuals. You can use the country as an incubator for your businesses, build your cryptocurrency portfolio tax-free thanks to the 20-year tax exemption, or grow your company without any issues. If you move elsewhere later on, you won’t have to pay anything.

As for social security contributions and business operating costs, the situation in Turkey differs significantly from that in most European countries:

Social security contributions as a business owner or investor

For international entrepreneurs or investors, if you live off foreign dividends or cryptocurrency, you are exempt from contributing to the Turkish Social Security System (SGK). The basic local health insurance (Yabancı Sağlık Sigortası), which is mandatory to obtain your ikamet, is merely a bureaucratic formality that, depending on your age, costs between 100 and 300 euros per year. You can invest the money you save in a premium international health insurance plan of your choice.

If you arethe director of your local company (the one that pays the 5% export tax, for example), you’ll need to enroll in the national system for the self-employed (Bağ-Kur). However, the contributions are not tied to your export profits but are a fixed amount based on the local minimum wage. This results in predictable fixed costs that currently range from only 100 to 150 euros per month.

Social Benefits and Payroll Costs if You Have Employees in Turkey

If you hire staff in Turkey, as an employer you must take into account the additional payroll costs required by local law (SGK Primi).

The total Social Security contribution for employees is typically 37.5% of gross pay. Of that percentage, the employee contributes 14% and the employer, 22.5%. To this must be added 1% or 2% for unemployment insurance.

If your Turkish company pays Social Security contributions on time and has no tax debts, the government automatically grants a discount of 5 percentage points on the employer’s share. As a result, the effective indirect labor costs are reduced to approximately 17.5%. Furthermore, since there is a cap on Social Security contributions, the system protects you from having to pay excessive contributions for top-performing employees.

In Turkish workplace culture, there are two additional benefits that are, in fact, common for retaining employees:

• Meal card (Yemek Kartı): You are required by law to provide lunch to employees or to load a tax-free meal card (such as Sodexo or Multinet). The daily tax deduction for this in 2026 is approximately 300 TRY (about €5.50) per workday.
• Supplementary private health insurance (Özel Sağlık Sigortası): To compete with large companies in the DACH region when hiring, German-speaking key personnel are typically offered group private health insurance. Cost: between 30 and 50 euros per month per employee, fully tax-deductible.

Finally, you must take into account severance pay (Kıdem Tazminatı). This is an important aspect of Turkish labor law. If you terminate an employee with more than one year of service without serious legal cause (or if they retire), by law they are entitled to severance pay of one gross monthly salary for each year of service. Keep this in mind when calculating your cash flow.

Conclusion: Turkey can be a great option for certain entrepreneurs

If you’re a “tax nomad” who wants to sit on the beach with your laptop and make millions with your LLC without worrying about accounting or taxes, Turkey is probably not your best option.

If you’re just looking for a country where you can register your business and obtain a tax certificate under the tax treaty without spending much time there, Turkey won’t work for you either (to get this certificate, you’ll need to spend at least 183 days a year in the country).

However, if you want to start or grow an international business by building a real team in Turkey, this country offers many interesting advantages.

If you’re truly looking for a long-term lifestyle alternative in a single location (and don’t want to spend your life moving from place to place), Turkey offers you (depending on your situation) more advantages than Dubai at a fraction of the cost; you’re closer to your European home; and, if you choose to live in Istanbul, you have access to an excellent global hub without having to directly fear military conflicts.

Protected by excellent double taxation treaties, driven by an effective export tax of 5% even for domestic companies, and free from any exit tax, the flags are flying high on the Bosphorus for strategically minded entrepreneurs under more favorable conditions than anywhere else.

If you’d like us to help you with your new life in Turkey, please contact us or book a consultation with us. Through our partners in Turkey, we can offer you everything you need in Turkey from a single source: whether it’s a residence permit (ikamet), obtaining Turkish citizenship through a real estate investment, tax advice, setting up local companies, or anything else you may need. We’d be delighted to help you settle in Turkey, but we’ll also be honest with you if, in our opinion, it’s actually a bad idea and you should consider another option elsewhere in the world.