Question 1

What exactly does the 20-year exemption cover?

Accepted Answer

Qualifying foreign-sourced income: dividends, interest, rental income from property abroad, capital gains, pensions and business profits earned outside Türkiye. For twenty years from becoming tax resident, none of it is subject to Turkish income tax, and it does not have to be declared in your Turkish return. Turkish-sourced income, including rent from a Turkish property, is taxed normally.

Question 2

Who qualifies for the regime?

Accepted Answer

Anyone who becomes a Turkish tax resident from 1 January 2026 onwards and had no Turkish domicile or tax liability in the three calendar years before. Tax residency follows from spending more than 183 days a year in Türkiye or establishing your domicile there.

Question 3

Do I need to buy property to get the tax benefits?

Accepted Answer

No. The exemption follows tax residency, not property ownership. In practice most clients buy because a home anchors residency, qualifies them for citizenship at USD 400,000 and adds a hard asset. But the regime itself requires no minimum investment.

Question 4

Is this legal tax planning or a grey area?

Accepted Answer

It is a statutory exemption written into Turkish law by parliament, comparable in nature to Italy's flat tax or Cyprus's non-dom rules. Türkiye participates in CRS information exchange. The planning is transparent: you genuinely move, you genuinely become tax resident and the exemption applies by law.

Question 5

What about my home country's tax authority?

Accepted Answer

Leaving a tax residency cleanly matters as much as arriving. Exit taxes, ties tests and treaty tie-breakers differ per country: the Dutch, German and UK rules all behave differently. We coordinate with advisers on both sides so departure and arrival are consistent.

Question 6

How does the 1% inheritance tax work?

Accepted Answer

For qualifying residents under the new regime, inheritance transfers during the exemption period are taxed at a flat 1%. Standard Turkish rates run from 1% to 10% on inheritances and 10% to 30% on lifetime gifts.

Question 7

What is the Asset Peace programme?

Accepted Answer

A declaration window running to 31 July 2027. Previously unrecorded foreign assets, cash, gold or securities can be declared at a one-off 5% levy, falling to 0% if funds are committed to qualifying Turkish instruments for five years. Declared assets are shielded from audit on their origin.

Question 8

What does buying in Bodrum cost in fees and tax?

Accepted Answer

The title deed fee is 4% of the price. Non-resident foreign buyers are VAT-exempt on first purchases of new builds if payment comes from abroad in foreign currency and the home is held a year. Annual property tax is 0.1 to 0.2%, doubled in metropolitan areas. Budget roughly 5 to 6% all-in above the purchase price.

Question 9

How does citizenship by investment work in 2026?

Accepted Answer

Property of USD 400,000 or more, held for three years, qualifies you, your spouse and children under 18 to apply. Since 2026 valuations run through the official GEDAŞ system and payment must use the Secure Payment System. Expect six to twelve months from deed to passport. Renting the property out is allowed.

Question 10

What are the honest risks?

Accepted Answer

Three main ones. The lira is volatile, which matters if you hold Turkish instruments, less if your wealth stays in foreign currency. Turkish legislation changes more often than Western European law, though the exemption is granted per person for twenty years. And Türkiye is outside the EU, so no free movement rights come with residency. We raise all three unprompted in consultations.

Question 11

Can you find homes that are not on this site?

Accepted Answer

Yes, that is most of what we do. The portfolio shows the range; the actual work is sourcing to a brief, including off-market homes in Yalıkavak, Türkbükü and the quieter bays.

Question 12

What does a consultation cost?

Accepted Answer

Nothing. Thirty minutes, confidential, no obligation. If your situation does not fit Türkiye's regime, we will tell you that too.

Straight answers to the common questions