Turkey’s 20-Year Tax Exemption for Returning Residents: What Foreign Investors and Returning Turks Need to Know.

President Erdogan has unveiled one of the most far-reaching tax reform packages in Turkey’s recent investment history. For individuals living abroad, the headline is unmistakable: a 20-year exemption on foreign-sourced income, paired with a 1% inheritance tax. Below, our team at Oznur & Partners breaks down exactly who qualifies, what changes, and how this reshapes the legal landscape for those considering relocation, citizenship, or asset transfer to Turkey.

President Recep Tayyip Erdogan delivers the keynote address at the Turkiye Century Strong Center for Investment Program, Dolmabahce Working Office, Istanbul, 24 April 2026.

Step into the Dolmabahce Working Office on the afternoon of 24 April 2026, and you would have heard the soft hum of camera shutters give way to a single, weighted sentence. Standing before an audience of business leaders, foreign investors, and the press, the President announced what may become one of the most consequential tax incentive packages for cross-border individuals Turkey has introduced in recent years. The room understood it immediately: this is not a minor adjustment. This is a redrawing of the map.

For families weighing a return to Istanbul, for foreign professionals considering Turkish residency, for global entrepreneurs eyeing the Bosphorus as a regional headquarters, the announcement reads like an invitation written in legal ink. Twenty years. Foreign-sourced income. Untaxed. The simplicity of the headline conceals a complex framework that any prospective resident must understand before acting.

Eleven days later, on 5 May 2026, that framework moved from announcement to legislative text. The AK Party Group Chairmanship submitted to the Grand National Assembly (TBMM) the Law Proposal Amending Certain Laws, registered under proposal number 2/3669. The bill introduces the 20-year exemption (through repeated Article 20/D of the Income Tax Law No. 193), the 1% inheritance tax (amending Article 16 of the Inheritance and Gift Tax Law No. 7338), and the asset repatriation programme (through Provisional Article 19 of the Corporate Tax Law No. 5520). The Plan and Budget Committee adopted the bill on 6 May 2026 and referred it to the General Assembly; the committee report was officially submitted on 11 May 2026. The Industry, Trade, Energy, Natural Resources, Information and Technology Committee, designated in a supporting capacity, did not file a report. The architecture of the package is, for the first time, public in legislative form.

The Core Announcement: A 20-Year Tax Window

The President introduced the package as part of the Turkiye Century Strong Center for Investment Program. The central provision is straightforward in its statement, but layered in its application:

Individuals residing abroad who have not been Turkish tax residents in the past three years, upon relocating to Turkey, will not be taxed on foreign-sourced income or earnings for a period of 20 years. Only domestic Turkish income, where it exists, will be subject to taxation.

Layered onto this is a second, equally consequential measure: the inheritance tax (veraset yoluyla intikal vergisi) for individuals falling within this regime will be applied at a rate of 1%, a dramatic departure from Turkey’s standard progressive inheritance tax structure, which can otherwise climb to 10% on larger estates.

The bill text published on 5 May 2026 confirms and refines these provisions. Repeated Article 20/D of the Income Tax Law frames the eligibility test as a residency and registration condition: the individual must not have had an ikametgah (registered domicile) and tax liability in Turkey during the three calendar years preceding the year in which they become deemed resident. The provision also clarifies that prior Turkish-sourced rental income, capital gains, or securities-based income does not, by itself, breach the non-residency condition. Foreign taxes paid on the exempt foreign income may not be credited against Turkish tax, and the related expenses may not be deducted against Turkish-taxable income.

Who Qualifies? The Three-Year Non-Residency Rule

The eligibility threshold is precise, and understanding it is where most strategic planning begins. The regime is targeted at three principal groups:

• Turkish citizens living abroad (the diaspora): Members of the Turkish community in Germany, the Netherlands, the United Kingdom, the United States, the Gulf, and elsewhere who have not been registered as Turkish tax residents for at least the last three calendar years.
• Foreign nationals considering Turkish residency or citizenship: Individuals from any nationality who meet the non-residency condition and choose to relocate. This dovetails directly with Turkey’s existing citizenship-by-investment program.
• Returning entrepreneurs and high-net-worth individuals: Persons whose primary income streams remain offshore, including capital gains, dividends from foreign holdings, rental income on overseas property, royalties, or pension distributions from foreign jurisdictions.

The three-year non-residency requirement is designed to prevent the regime from being used as a re-domiciliation loophole by persons who have only briefly stepped outside the Turkish tax net. It is a substantive eligibility test, and the documentation required to evidence it will be central to any application.

What Foreign-Sourced Income Actually Covers

The scope of foreign-sourced income is broader than many initial readers assume. Based on the announcement and its alignment with existing Turkish tax law principles, the exemption is expected to encompass:

• Employment income earned for work performed outside Turkey
• Dividends and interest from foreign companies or foreign bank accounts
• Capital gains from the sale of foreign-listed securities, foreign real estate, or stakes in foreign entities
• Rental income from properties located abroad
• Pension and retirement distributions from foreign schemes
• Royalties and intellectual property income sourced from outside Turkey

Turkish-sourced income, such as salary from a Turkish employer, profits from a Turkish-registered company, or rental income from property in Istanbul or Antalya, remains subject to ordinary Turkish income tax. The line between foreign-sourced and domestic will, in some structures, require careful legal analysis. This is the territory where pre-arrival planning matters most.

The Inheritance Tax Reduction: A Quiet Revolution

Less prominent in the headlines but arguably more transformative for estate planning is the 1% inheritance tax provision. Turkey’s standard inheritance and gift tax operates on a progressive scale, with significant tax exposure on estates passing between generations. For a family with substantial offshore wealth, the prospect of repatriating to Turkey under a 1% inheritance tax regime fundamentally alters the multi-generational calculation.

The legal anchor sits in the amendment to Article 16 of the Inheritance and Gift Tax Law (Law No. 7338): a new paragraph sets the rate at 1% for inheritance transfers occurring during the period in which the deceased was benefiting from the repeated Article 20/D exemption. The 1% figure is therefore not a discretionary administrative position but a statutory rate, integrated into the same legislative package as the 20-year exemption itself.

For our clients at Oznur & Partners’ inheritance practice, this is the kind of structural change that triggers a complete review of existing estate plans. Wills drafted under the assumption of standard Turkish inheritance taxation, trust structures established offshore precisely to avoid Turkish tax exposure, and even succession planning across multiple jurisdictions may now warrant reconsideration.

The Other Pillars of the Package: Asset Repatriation, Exporters, and Global Companies

The 20-year exemption and the 1% inheritance tax address only the individual side of the package. The corporate and capital dimensions of the same framework are equally broad:

• • Asset repatriation: Cash, foreign currency, gold, securities, and other capital market instruments held abroad may be transferred into Turkey by 31 July 2027 at a tax rate that varies with the holding structure chosen. The standard rate on declaration is 5%, falling to 0% where the declared assets are committed to Turkish government debt securities, lease certificates, or term deposits for five years.
  • Corporate tax cuts for exporters: The general 25% corporate tax rate is being reduced to 9% on export earnings of manufacturer-exporters and 14% on export earnings of other exporters. The reduction applies only to income derived from export activity; domestic sales income remains taxed at the standard 25%. For foreign investors who already export through, or intend to establish, a Turkish operating company, this is a direct incentive to structure activity through a Turkish entity.
  • Istanbul Finance Center (IFM) and transit trade: Earnings from transit trade and intermediary activity in cross-border buying and selling will be 100% exempt from corporate tax within IFM. The same activities outside IFM will benefit, for the first time, from a 95% exemption, extending a previously IFM-exclusive incentive nationwide.
  • Regional management center incentive for global companies: Multinationals relocating their regional management headquarters to Turkey will be able to deduct 100% of qualifying earnings within IFM, and 95% outside it, from their corporate tax base. A wage exemption is also being introduced for qualified employees of these structures, subject to defined conditions.
  • Single Window (Tek Durak Buro): Coordinated by the Presidential Investment and Finance Office, a new Single Window structure will consolidate all investment processes, from company formation, residency and work permits, to tax and social security registration, environmental impact assessments, and incentive approvals, into a single point of contact. For foreign investors, this means shorter timelines and greater procedural predictability.

Asset Repatriation Programme 2026: A Closer Look

On 25 April 2026, the day after the President’s keynote, Treasury and Finance Minister Mehmet Şimşek convened a follow-up briefing at the Presidential Complex to detail the asset repatriation dimension of the package. Framed under the heading “Bring It Home” (Eve Getir), this provision sits alongside the 20-year exemption as a parallel mechanism, addressing not future income but existing wealth held abroad. For a more detailed Turkish-language guide on the same provision, see our Varlık Barışı 2026 article.

The mechanism is straightforward in its premise. Cash, foreign currency, gold, securities, and other capital market instruments held outside Turkey, together with assets held domestically but outside the formal financial system, may be brought into the Turkish financial system through a declaration and transfer process. The legal basis is Provisional Article 19 of the Corporate Tax Law (Law No. 5520).

The actual rate structure is more nuanced than the early commentary suggested, and it is a structural decision the investor must make at the moment of declaration rather than a function of timing alone. The standard rate, applied where the declared assets are placed into ordinary bank accounts or brokerage accounts, is 5%. Where the investor commits the assets to Turkish government debt securities (DİBS), lease certificates issued under Law No. 4749, or term deposits, the rate falls on a sliding scale tied to the length of the holding commitment.

Rate matrix under Provisional Article 19, paragraph 6:

A timing surcharge applies in addition. Declarations filed between 1 January 2027 and 31 July 2027 attract a 0.5 percentage point increase on the matrix above; if the deadline is extended by Presidential decree, declarations filed after 31 July 2027 attract a further 0.5 point, for a total 1 point increase. The bank or brokerage receiving the declaration withholds the tax at source and remits it, as the legally responsible party, by the fifteenth day of the month following the declaration.

What sets the 2026 programme apart from prior asset declaration regimes in Turkey is the breadth of its legal protections. Paragraph 8 of Provisional Article 19 is explicit on three points:

• • • No source-of-funds inquiry: The origin of declared assets will not be questioned by the tax authorities.
    • No retroactive tax assessment: No tax inspection or assessment will be conducted in respect of the declared amounts.
    • Matrix protection in ongoing inspections: Where a separately initiated tax inspection identifies an unreported tax base, and the investigator concludes that the unreported base arises from the same assets covered by the declaration, no assessment is made if the declared amount equals or exceeds the identified shortfall. Where the shortfall exceeds the declared amount, assessment is made only on the difference.

These protections are subject, of course, to the boundaries of Turkey’s anti-money laundering framework. The same paragraph 8 carries a textual safeguard: “measures required under other legislation are not affected by this provision.” Assets connected to predicate offences under the MASAK regime, including proceeds of crime, terrorist financing, and other categories of illicit funds, remain outside the scope of the programme’s protections. Bank suspicious-transaction reporting obligations continue to operate independently of the declaration.

A further structural condition deserves attention. Paragraph 2 of Provisional Article 19 imposes a strict transfer window: assets declared from abroad must be transferred to a Turkish bank or brokerage account, or physically brought into Turkey, within two months of the declaration date. Failure to meet this deadline triggers paragraph 9: the investor loses the protection against tax inspection, and the unaccrued taxes are collected together with default interest, although without the standard tax loss penalty. The two-month window is therefore not a procedural detail but a substantive condition of the regime’s protections. Domestic-asset declarations operate on an even tighter timeline: the assets must be deposited with a Turkish bank or brokerage on the declaration date itself.

For taxpayers maintaining statutory accounting books (essentially companies and self-employed professionals filing under Tax Procedure Law No. 213), paragraph 4 introduces a two-year capital lock. Declared assets are recorded in the books, and balance-sheet taxpayers open a special fund account in the liabilities. This fund cannot be withdrawn from the business for two years from the declaration date and cannot be used for any purpose other than capital injection during that period. After two years, it may be withdrawn without affecting taxable income. Paragraph 5 carves out an important exception: individuals who are not income-tax or corporate-tax registered (the typical profile of a non-resident diaspora investor) are exempt from this two-year capital lock, provided they meet the transfer and deposit conditions of paragraph 2.

For our international clientele, the strategic value of the programme emerges most clearly when read together with the 20-year exemption. The two provisions form a single, coordinated structure. The repatriation programme addresses the question of existing wealth: how to bring foreign assets into Turkey at a low effective tax cost and with legal certainty over their historical position. The 20-year exemption then addresses the question of future income: ensuring that, once relocated, the individual’s foreign-sourced earnings remain outside Turkish tax for two decades. A family considering relocation can, in principle, repatriate accumulated wealth at a rate of 0% to 5% depending on holding structure, settle their fiscal position in Turkey under the 20-year regime, and ultimately transfer that wealth to the next generation under the 1% inheritance tax. Few jurisdictions offer this combination in a single legislative window.

Several legal considerations deserve close attention before any declaration. Source-country tax obligations remain in force regardless of Turkish protections, and exit taxation in Germany (Wegzugsbesteuerung), the remittance basis position in the United Kingdom, and similar regimes in other source jurisdictions must be analysed in parallel. Bank compliance procedures in Turkey, while operating within the programme’s framework, will still require documentation consistent with international banking standards. The choice of corporate or personal vehicle for receiving the assets affects the long-term tax and succession profile, and engages the two-year capital lock for company-route declarations. None of these considerations diminish the programme’s value, but each underscores the importance of structured legal preparation before, rather than after, the declaration is filed.

Legal Status of the Reform: From Announcement to Bill

The package is moving through procedural thresholds at pace. Announced on 24 April 2026 by the President and detailed on 25 April by the Minister of Treasury and Finance, the legislative text was submitted to the Grand National Assembly on 5 May 2026 as the Law Proposal Amending Certain Laws under proposal number 2/3669 (Legislative Period 28, Legislative Year 4). The first signatories are Seydi Gülsoy (Osmaniye) and Mustafa Oğuz (Burdur), with numerous additional AK Party deputies among the signatories. The Plan and Budget Committee, designated as lead committee, adopted the bill on 6 May 2026 and referred it to the General Assembly; the committee report was officially submitted on 11 May 2026. The Industry, Trade, Energy, Natural Resources, Information and Technology Committee, designated in a supporting capacity, did not file a report. The bill is now in print, awaiting placement on the General Assembly agenda; floor debate begins on Tuesday, 12 May 2026, and enactment is expected within the week. During committee deliberations, four articles relating to the taxation of cryptocurrencies and one article concerning special consumption tax on diamonds and other precious stones were removed from the package. The remaining stages are General Assembly debate and vote, presidential approval, and publication in the Official Gazette. The full bill text and procedural record are publicly accessible on the TBMM website.

Implementation regulations will follow enactment. The bill grants the Ministry of Treasury and Finance authority to determine the procedural rules for the 20-year exemption, including the form of supporting documentation and the precise mechanics of declaration; for the asset repatriation programme, paragraph 11 of Provisional Article 19 grants the Ministry similar powers and authorises the President to extend the 31 July 2027 deadline by up to one year, in increments not exceeding six months. The 20-year exemption is structured to take effect for individuals deemed resident in Turkey from 1 January 2026 onward, applied from the date of the law’s publication in the Official Gazette, enabling retroactive application to those who have already become Turkish residents earlier in 2026.

This means two things for anyone considering action:

1. Strategic positioning can begin now, particularly the documentation of non-residency status, the structuring of foreign assets, banking-side preparation, and the legal review of existing arrangements. The text of the bill is public and provides a stable basis for planning, even though certain details may evolve during General Assembly debate.
2. Definitive applications must wait for enactment, and prospective applicants should expect implementation tebliğs (communiqués) from the Revenue Administration (Gelir Idaresi Baskanligi), and likely a transitional period as the banking and brokerage sector calibrates to the new declaration mechanics.

Strategic Implications for Foreign Investors and Returning Citizens

For our international clientele, the implications cluster around several decision points. A French entrepreneur with a holding company in Luxembourg, considering Turkish residency for lifestyle reasons, now confronts a materially different tax calculus than they did a week ago. A Turkish-American family in New York, where the parents have not been Turkish tax residents in over a decade, can now contemplate generational wealth transfer to Turkey under a 1% inheritance regime. A British investor weighing whether to combine the citizenship-by-investment route with relocation now has a 20-year tax horizon that arguably outperforms several competing residency programs in the Mediterranean and the Gulf.

None of these decisions, however, should be made without legal review. Tax residency is determined not only by intention but by the practical reality of where one lives, works, and maintains economic ties. Double tax treaties between Turkey and the prospective applicant’s home jurisdiction will continue to apply. And the interaction between this new regime and existing Turkish tax law, including the asset declaration regime, the capital gains rules, and the controlled foreign company provisions, will require careful integration.

How Oznur & Partners Can Help

Our firm advises foreign nationals, Turkish citizens abroad, and international families on the full spectrum of legal questions surrounding relocation to Turkey. Whether your considerations begin with Turkish citizenship by investment, the immigration and residency permit framework, the structuring of inheritance and succession across multiple jurisdictions, or the corporate vehicles and company formation that may sit alongside personal relocation, our team can help you evaluate this announcement against your specific position. While the new Single Window structure will streamline residency, tax registration, and investment approval processes, knowing which application to file, when, and with what documentation remains a matter requiring competent legal representation.

The window between announcement and enactment is, in our experience, the most strategically valuable phase. It is the moment to organize documentation, review existing structures, and prepare the legal groundwork, so that when the legislation is published, action can be immediate and well-founded.

Frequently Asked Questions

What is Turkey’s new 20-year tax exemption announced on April 24, 2026?

Turkey’s new 20-year tax exemption removes Turkish income tax on foreign-sourced income and earnings for individuals who relocate to Turkey, provided they have not been Turkish tax residents in the past three calendar years. Only domestic Turkish income remains taxable. The exemption was announced by President Erdogan as part of the Turkiye Century Strong Center for Investment Program on 24 April 2026, and the legislative text was submitted to the Grand National Assembly on 5 May 2026 as part of the Law Proposal Amending Certain Laws, which introduces repeated Article 20/D of the Income Tax Law No. 193.

Who qualifies for the 20-year tax exemption in Turkey?

Eligibility requires that the individual has not had a registered domicile (ikametgah) in Turkey, and has not been subject to Turkish tax liability, during the three calendar years immediately preceding the year of relocation. This applies to Turkish citizens living abroad, foreign nationals seeking residency or Turkish citizenship, and returning entrepreneurs whose income streams are predominantly foreign-sourced. Documentation evidencing non-residency during the qualifying period will be central to the application process. Prior Turkish-sourced rental income, capital gains, or securities-based income does not, by itself, breach the non-residency condition under the bill text.

What types of income are covered by the 20-year foreign income exemption?

The exemption is expected to cover foreign-sourced employment income, dividends and interest from foreign accounts and companies, capital gains from foreign securities and real estate, rental income from properties abroad, foreign pension distributions, and foreign royalty income. Turkish-sourced income, including salary from Turkish employers, profits from Turkish companies, and rental income from Turkish property, remains subject to ordinary Turkish income tax. Foreign taxes paid on the exempt foreign income may not be credited against Turkish tax, and the related expenses may not be deducted against Turkish-taxable income.

How does the 1% inheritance tax work under the new package?

Individuals who qualify for the 20-year regime will be subject to inheritance and gift tax (veraset yoluyla intikal vergisi) at a flat rate of 1%, rather than Turkey’s standard progressive inheritance tax that can reach 10%. The legal anchor sits in the amendment to Article 16 of the Inheritance and Gift Tax Law (Law No. 7338), which sets the 1% rate for inheritance transfers occurring during the period in which the deceased was benefiting from the repeated Article 20/D exemption. This significantly reduces the tax cost of multi-generational wealth transfer for families relocating to Turkey under this regime, and it will require many existing estate plans to be reviewed and restructured.

What is the actual tax rate under the asset repatriation programme?

The standard rate is 5%, applied where the declared assets are placed into ordinary bank or brokerage accounts. Where the investor commits the assets to Turkish government debt securities (DİBS), lease certificates issued under Law No. 4749, or term deposits, the rate falls on a sliding scale: 4% for a one-year holding commitment, 3% for two years, 2% for three years, 1% for four years, and 0% for five years. Declarations filed between 1 January 2027 and 31 July 2027 attract a 0.5 percentage point surcharge; if the deadline is extended by Presidential decree, post-deadline declarations attract a further 0.5 point. The rate is therefore a function of the holding structure chosen at declaration, not simply of timing.

What is the two-month transfer rule and why does it matter?

Under paragraph 2 of Provisional Article 19, assets declared from abroad must be transferred to a Turkish bank or brokerage account, or physically brought into Turkey, within two months of the declaration date. Failure to meet this deadline triggers paragraph 9: the investor loses the protection against tax inspection that would otherwise apply, and the unaccrued taxes are collected together with default interest, though without the standard tax loss penalty. The two-month window is therefore a substantive condition of the programme’s protections. Banking arrangements, KYC documentation, and where applicable a Turkish corporate vehicle should be in place before the declaration is filed, not after.

How does the corporate tax change for exporters?

The general 25% corporate tax rate is being reduced to 9% on export earnings of manufacturer-exporters and 14% on export earnings of other exporters, applied to the income derived exclusively from export activity. The reduction does not apply to the company’s total profit, only to the portion attributable to exports; domestic sales income remains taxed at the standard 25%. The reduced rates also extend to indirect exports through foreign trade capital companies and sectoral foreign trade companies, where there is a contractual arrangement. This reduction is directly relevant to foreign investors who establish, or already operate, a Turkish company engaged in exports, and is a separate incentive from the individual 20-year exemption.

What is the Single Window (Tek Durak Buro), and how does it affect foreign investors?

The Single Window is a new investor service structure to be coordinated by the Presidential Investment and Finance Office. Company formation, residency and work permits, tax and social security registration, environmental impact assessments, and incentive approvals will be processed from a single point of contact. For foreign investors, this means shorter procedural timelines and greater predictability, although competent legal representation remains essential to ensure applications are correctly prepared.

Is the 20-year tax exemption already in force in Turkey?

Not yet, but the process is moving rapidly. The legislative text was submitted to the Grand National Assembly on 5 May 2026 under proposal number 2/3669; the Plan and Budget Committee adopted the bill on 6 May 2026 and referred it to the General Assembly, with the committee report officially submitted on 11 May 2026. Floor debate begins on Tuesday, 12 May 2026, and enactment is expected within the week. The remaining stages are General Assembly vote, presidential approval, and publication in the Official Gazette. Implementation communiqués from the Revenue Administration will follow. The 20-year exemption is structured to take effect for individuals deemed resident in Turkey from 1 January 2026 onward, applied from the date of the law’s publication in the Official Gazette, enabling retroactive application after enactment.

Can foreign investors combine the 20-year exemption with Turkish citizenship by investment?

The two regimes are structurally complementary. Citizenship by investment grants Turkish nationality based on qualifying real estate, capital, or deposit investments, while the 20-year exemption operates on tax residency criteria. A foreign investor who acquires Turkish citizenship and subsequently establishes Turkish tax residency, having not been a Turkish tax resident in the prior three calendar years, would in principle be able to access both regimes. Legal review is essential to confirm eligibility based on the final legislation.

Where can I find the legal text of the new package?

The full legislative text is publicly available on the website of the Grand National Assembly (TBMM) under the title Law Proposal Amending Certain Laws, registered as proposal number 2/3669 on 5 May 2026 (Legislative Period 28, Legislative Year 4). The bill and procedural record can be accessed on the official TBMM page. The 20-year exemption is introduced through repeated Article 20/D of Income Tax Law No. 193; the 1% inheritance tax rate through amendment to Article 16 of Inheritance and Gift Tax Law No. 7338; and the asset repatriation programme through Provisional Article 19 of Corporate Tax Law No. 5520. The Plan and Budget Committee adopted the bill on 6 May 2026 and referred it to the General Assembly, with the committee report officially submitted on 11 May 2026. During committee deliberations, articles relating to cryptocurrencies and precious stones were removed. General Assembly debate begins on 12 May 2026; the final text will be confirmed upon enactment.

What should I do now if I am considering relocating to Turkey?

The most valuable steps before enactment are documentation and structuring. This includes confirming and evidencing your non-resident status for the past three calendar years, reviewing the structure of your foreign-held assets, examining existing wills and estate plans against the new 1% inheritance regime, assessing how double tax treaties between Turkey and your home jurisdiction will apply, and preparing the banking and corporate infrastructure that will be required at the moment of declaration. Working with an experienced Turkish lawyer ensures that when the legislation is published, your position is ready for immediate action within the procedural timelines the bill imposes.

How does Turkey’s 20-year tax exemption compare to other residency tax regimes?

Turkey’s regime is among the longest-duration foreign income exemptions globally. Italy’s flat tax regime for new residents runs for up to 15 years, Greece’s non-dom regime runs for 15 years, and Portugal’s former NHR regime ran for 10 years. The 20-year horizon, combined with the 1% inheritance tax, the parallel asset repatriation programme, and Turkey’s strategic geographic position, positions the regime as competitive at the upper end of the European and Mediterranean residency-based tax planning landscape.

Speak With Our Team

If you are weighing a relocation to Turkey, structuring an inheritance across multiple jurisdictions, or planning a citizenship-by-investment application, our lawyers can help you understand exactly how the new regime applies to your circumstances. Contact Oznur & Partners to arrange a confidential consultation with our tax and immigration team.

Contact Oznur & Partners

This article is prepared by the legal team at Oznur & Partners, an Istanbul-based law firm advising international clients on tax, immigration, citizenship, corporate, and inheritance matters in Turkey. The content is provided for general informational purposes and does not constitute legal advice. The legislative package described above has been submitted to the Grand National Assembly; final scope and procedure will be determined upon enactment and publication of implementation communiqués.

Sources: President’s address at the Turkiye Century Strong Center for Investment Program, Dolmabahce Working Office, 24 April 2026; Minister of Treasury and Finance briefing, Presidential Complex, 25 April 2026; Law Proposal Amending Certain Laws, submitted to the Grand National Assembly on 5 May 2026 under proposal number 2/3669, adopted by the Plan and Budget Committee on 6 May 2026 and referred to the General Assembly, committee report submitted on 11 May 2026 (official TBMM record); reporting by Anadolu Agency, Sozcu, TRT Haber, and the Presidential Communications Directorate.