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Turkey
Europe
Lucky Nomads World Index
63.52 / 100
0.10
Global rank
=127
Corporate tax
25%
Personal tax
40%
Lucky Nomads Proprietary Indices
22 scoring dimensions scored independently using a deterministic methodology built on primary sources and structured analytical inference.
- SafetyShield Index5.9 / 10
- Affordability Index7.9 / 10
- Entry Ease Index6.0 / 10
- Tax Freedom Index4.7 / 10
- WiFi Index7.6 / 10
- Admin Ease Index6.3 / 10
- Healthcare Index8.1 / 10
- City Comfort Index8.1 / 10
- WeatherComfort Index6.7 / 10
- Banking Index7.3 / 10
- GeoStability Index4.7 / 10
- Justice & Order Index4.3 / 10
- Quality of Life Index7.4 / 10
- Open Society Index4.3 / 10
- Flight Index7.4 / 10
- Environmental Quality Index6.5 / 10
- English Index5.3 / 10
- Wealth Protection Index6.3 / 10
- AI Access Index5.4 / 10
- Economic Openness Index6.9 / 10
- Market Depth Index7.6 / 10
- ClimateShield Index7.8 / 10
Country snapshot
- Capital
- Ankara
- Population (approx.)
- 85,000,000
- Area (km²)
- 783,562 km²
- Currency code (ISO 4217)
- TRY
- Currency name
- Turkish lira
- Main airport IATA code
- IST
- Airport name
- Istanbul Airport
General facts
- Minimum monthly cost
- From $984/month
- Main languages
- Turkish
- Jurisdiction type
- Country
- Region
- Europe
- Web TLD
- .tr
- Phone calling code
- +90
Web TLD and phone codes are general references and can differ for territories or special numbering plans.
Tax system
- Marginal CIT (corporate income tax)
- 25%Very highWorldwide
- Marginal PIT (personal income tax)
- 40%Very highWorldwide
Corporate taxation basis: Worldwide. The country generally taxes worldwide income of resident companies.
Worldwide taxation of resident companies under Article 3 of Law No. 5520. Non-residents taxed on Turkey-source income only. Foreign branch and permanent establishment exemptions available under specific double tax treaties. Free zone manufacturing income exempt from CIT under Article 5/1-g of Law No. 5520 and Article 6 of Free Zones Law No. 3218. Istanbul Finance Centre financial service exports 100 percent deductible until 2031 under Law No. 7412.
Flat 25 percent CIT under Corporate Tax Law No. 5520, 30 percent for financial sector. Domestic Minimum Corporate Tax of 10 percent introduced 1 January 2025 under Law No. 7524 (Article 32/C). Export income benefits from a 5-point reduction (20 percent effective), with a further 1-point reduction for certified manufacturers (19 percent). A pre-legislative 24 April 2026 announcement proposes deepening this to 9 percent for manufacturer-exporters and 14 percent for other exporters.
Personal income tax basis. Worldwide. Resident individuals are generally taxable on their worldwide income, subject to relief under applicable tax treaties.
Worldwide taxation of residents under Article 3 of Law No. 193. Tax residence triggered by 183 days physical presence in a calendar year. A pre-legislative 24 April 2026 announcement (Proposal No. 2/3669) proposes a 20-year exemption on foreign-source income and capital gains for new residents not Turkish tax-resident for the past 3 years, plus a flat 1 percent inheritance and gift tax.
Progressive 15 to 40 percent under Income Tax Law No. 193 (Gelir Vergisi Kanunu). The 40 percent top bracket applies to employment income above per year in 2026, and at lower thresholds for non-employment income. SGK social security adds approximately 35 percent tax wedge for resident employees. The Istanbul Finance Centre Personnel Wage Exemption (Article 7 of Law No. 7412) shields 60 percent of net salary for foreign-experienced personnel.
Tax percentages here are editorial reference figures for comparison, not individualized tax advice.
Special tax regimes
For companies
Free Zones (Serbest Bölgeler)
AvailableDesignated economic areas outside Turkish customs territory under Law No.
Technology Development Zones (Teknoparks)
AvailableDesignated R&D and software development zones under Law No.
R&D and Design Centers (Law No. 5746)
AvailableR&D centers and Design centers certified under Law No.
Istanbul Finance Centre (İFM) Corporate Regime
AvailableExisting regime active since 28 June 2022.
Exporter Corporate Tax Reduction (5-Point Reduction)
AvailableFive-point corporate income tax reduction on income derived exclusively from export activities, applicable since 1 January 2023 under Article 32/8…
For individuals
Free Zones (Serbest Bölgeler)
AvailableDesignated economic areas outside Turkish customs territory under Law No.
Istanbul Finance Centre (İFM) Personnel Wage Exemption
AvailableIncome tax exemption on 60 percent of the real net monthly wage paid to qualifying foreign-experienced personnel employed at an İstanbul Finans…
New Resident Foreign Income Exemption (20-Year, Announced 24 April 2026)
Available, rules being updatedAnnounced 20-year exemption from Turkish personal income tax on foreign-source income and capital gains for individuals relocating to Turkey who…
Technology Development Zones (Teknoparks)
AvailableDesignated R&D and software development zones under Law No.
R&D and Design Centers (Law No. 5746)
AvailableR&D centers and Design centers certified under Law No.
You either qualify for Turkey's special tax regimes, or you don't. GeoCompass determines your eligibility, highlights the applicable conditions, and helps estimate your potential tax exposure.
Check my eligibilityVisa and mobility
Your access
Visa need and length of stay for Turkey. Saved on your device.
Overview
- Citizenship by investment
Available
Türkiye Citizenship by Investment Program
- Residence by investment
Available
- Remote work visa (digital nomad visa)
Available
Programmes
Turkey lists several residency and mobility routes across residence by investment, work (employer sponsored), work (self sponsored), talent (points based), family and dependant routes, student and graduate routes, and remote work visas. Lucky Nomads tracks these programmes as editorial reference points. Thresholds, documents, and personal eligibility are evaluated in GeoCompass against your exact profile.
7 programmes listed · 7 are marked available in our editorial review
Residence by investment
1 programmeCapital, property, fund, or declared investment routes that can lead to longer-term residence.
- Available
Real Estate Residence Permit (Property-Based Short-Term Ikamet)
Work (employer sponsored)
1 programmeEmployer-linked permits and skilled employment passes for hired professionals.
- Available
Temporary Work Permit (Süreli Çalışma İzni)
Work (self sponsored)
1 programmeSelf-sponsored work or freelance routes where you qualify without a local employer.
- Available
Independent Work Permit (Bağımsız Çalışma İzni)
Talent (points based)
1 programmePoints-based or criteria-driven talent routes for in-demand profiles.
- Available
Turquoise Card (Turkuaz Kart)
Family and dependant routes
1 programmeSpouse, dependant, and family reunion style permits.
- Available
Family Residence Permit (Aile İkamet İzni)
Student and graduate routes
1 programmeStudy-linked permits and post-study transition routes.
- Available
Student Residence Permit (Öğrenci İkamet İzni)
Remote work visas
1 programmeRemote work or digital nomad style permits.
- Available
Digital Nomad Visa and Residence Permit
Not all residency routes are accessible. Some require minimum income, investment thresholds, local substance, or strict eligibility conditions. GeoCompass evaluates which options you can actually secure in Turkey.
Evaluate my residency optionsVisa and programme labels reflect editorial research, not individualized legal advice. Thresholds, documents, and personal eligibility are evaluated in GeoCompass. Always confirm rules with official government sources before you plan a move.
Dimensions breakdown
Strongest dimensions
- Healthcare Index8.1 / 10Strong healthcare access and quality
- City Comfort Index8.1 / 10High urban quality of life
- Affordability Index7.9 / 10Competitive cost of living
Weakest dimensions
- Open Society Index4.3 / 10
- Justice & Order Index4.3 / 10
Published ranks by index
One row per leaderboard we publish (the composite index plus each proprietary dimension). A rank appears only when this country is currently in the published top 10 for that list. Open a row to see the full ranking. Hover an index name for the same short definition as elsewhere on the site.
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Founder, Lucky Nomads · Wealth manager
Researched from official sources, leading global indices and Lucky Nomads' own scoring.
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