Turkey's 20 Year Tax Free Program
Turkey’s Proposed 20-Year Tax-Free Program: A New Opportunity for Global Investors
Turkey is currently discussing a new tax program that could become highly attractive for international entrepreneurs, investors, and high-net-worth individuals.
The proposal may allow qualifying foreign residents to benefit from up to 20 years of tax exemption on foreign income and capital gains. The program is not officially available yet, but if introduced as expected, it could become one of the most interesting tax residency options worldwide.
For investors with international income, such as dividends, capital gains, crypto gains, or foreign business income, Turkey could become a strong alternative to traditional high-tax countries.
Turkey also already offers a citizenship by investment option through qualifying real estate investment. This could make the country especially interesting for investors looking for both a new tax residency option and a second citizenship.
However, the final rules have not yet been published. Important details such as qualification criteria, minimum stay requirements, covered income types, and the application process still need to be confirmed.
We are already in contact with our partner legal firm in Istanbul and are closely monitoring the legal developments. As soon as the program becomes available, we will review the official framework and inform interested clients.
This could become a valuable opportunity for globally mobile investors who want to protect their wealth, diversify their residency options, and plan internationally.
Would you like to be informed as soon as the program becomes available?
Contact us at: dubai@gws.net