Turkey's Revenue Administration, Gelir İdaresi Başkanlığı (GİB), published a guide on 7 September 2026 explaining its 20-year income tax exemption for certain people who become Turkish tax resident. The law was enacted in June, and the application procedure followed in July.
Interest rates, inflation, and currency movements are important to any serious investor considering property in Turkey. Yet they are also the numbers everybody can already see. The larger question is what happens when work, wealth, taxation, politics, technology, and citizenship all begin moving at the same time.
Turkey’s 2026 tax reforms combine a 20-year Turkish income tax exemption for qualifying foreign-source income with a time-limited asset declaration regime offering rates from 0% to 5%. For internationally mobile high-net-worth individuals, entrepreneurs, family offices, and business owners, this creates a major planning opportunity.
Turkey’s 2026 tax reforms have introduced an opportunity for investors, family offices, companies, and Turkish-connected wealth structures. Turkey has introduced a temporary Asset Declaration Regime that allows certain assets to be declared, transferred into the Turkish economy, and protected from future tax audits.
Turkey’s 2026 tax reforms introduced a major tax opportunity for investors, entrepreneurs, retirees, high-net-worth individuals, and families considering a move to Turkey. Eligible individuals who become resident in Turkey from 1 January 2026 onwards may benefit from a 20-year exemption from Turkish income tax on foreign-source income.
If you are considering buying property in Turkey, applying for citizenship, relocating capital, or assessing Turkey as a long-term emerging-market opportunity, the June 2026 Economic Outlook from BBVA Research and Garanti BBVA provides an important starting point on where things stand and where they're heading.