To attract multinational companies and funds, the government has introduced significant corporate tax reductions and exemptions for qualifying international investments. This brings more foreign businesses into the country, creating a surge in demand for high-end residential and commercial real estate.

The new package includes exemptions on income tax for specific qualified employees of foreign companies operating in Türkiye.

Impact on Real Estate: This brings a wave of high-net-worth executives moving to cities like Istanbul, increasing the demand for luxury long-term rentals and pushing property values up.

President Erdogan announced exemptions from Banking and Insurance Transactions Tax (BSMV) and Stamp Duty for specific financial transactions conducted by foreign investors.

The Benefit: This significantly lowers the cost of purchasing property and transferring funds, making the buying process smoother and more cost-effective for international buyers.

New exemptions on Value Added Tax (VAT) for specific international services and deliveries further reduce the overhead costs for foreign investors setting up operations or assets in Türkiye.

Why This Matters for Property Buyers:

These tax breaks act as a catalyst for economic growth. By cutting taxes for foreign companies and workers, the government is effectively ensuring a steady influx of expatriates and capital. For a property investor, this guarantees higher rental yields and long-term capital appreciation as demand for housing increases alongside the growing economy.

With the Turkish Lira offering favorable exchange rates for foreign currency holders (USD, EUR, GBP), international investors can acquire premium real estate at a significant discount compared to previous years.

* High Buying Power: Get more luxury for your budget.

* Tangible Asset: Real estate acts as a hedge against inflation, preserving wealth in a physical, appreciating asset.

Beyond the numbers, Türkiye offers an unparalleled lifestyle.

Affordable Living: Enjoy a high standard of living with lower daily costs than Europe or the US.

Climate: Beautiful Mediterranean coastlines and four distinct seasons.

History & Culture: A rich tapestry of history combined with modern amenities and world-class healthcare.