With Law 7582 (published in the Official Gazette on 4 June 2026), Türkiye created a special tax regime to attract new residents: a 20-year exemption from income tax on foreign income for people who have not been resident or taxpayers in Türkiye in the previous 3 years, an asset amnesty for bringing wealth into Türkiye, and a 1% cap on inheritance tax.
The new regime at a glance
| Item | Details |
|---|---|
| Foreign-income exemption | 20 years, for new residents with no Turkish tax residence in the previous 3 years |
| Asset amnesty | Bringing foreign assets into Türkiye from 4 June 2026 to 31 July 2027 |
| Inheritance tax | Capped at 1% |
| Income earned in Türkiye | Under the general income tax rates |
Other main taxes
- Corporate tax: 25%
- VAT: 20% standard
- Property title transfer fee: 4%
- Annual property tax: 0.1% to 0.2%
- Rental income: subject to income tax; an annual return is required.
Who benefits?
- People with income or assets outside Türkiye who want to become resident.
- Investors becoming Turkish citizens through property or investment.
- People planning a lawful transfer of assets into Türkiye.
Check the implementing details and conditions for your case with a tax adviser before planning.
Frequently asked questions
Who qualifies for Türkiye's 20-year tax exemption?
People who become resident in Türkiye after having no Turkish residence or tax liability in the previous 3 years; the exemption covers foreign income only.
When does the Turkish asset amnesty end?
It runs from 4 June 2026 to 31 July 2027.
What is the corporate tax rate in Türkiye?
25% on company income.
This guide is general information, not personal tax advice; based on Law 7582 and the position in October 2026.
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