Turkey
Anatolia (transcontinental)
A large transcontinental economy bridging Europe and Asia with a fast property-based citizenship-by-investment route (US$400k), low living costs and a digital-nomad visa - though high inflation is a real drawback.
Pros
- Fast CBI via US$400k property
- Low cost of living; big market
- Digital nomad visa; dual citizenship allowed
Cons
- High inflation & currency volatility
- Turkish needed locally
- Passport access weaker than EU
Best for
Score profile
Status & mobility
Passport
Rules change often and depend on your situation. Confirm any travel or visa decision with a qualified professional, or do your own research, before acting.
Passport-index style mobility for the Turkey passport. The score above is its world reach: the share of 198 destinations reachable without a prior visa.
- Visa-free76
- On arrival42
- eTA6
- Visa required74
Passport Index style mobility data (2024–2025 estimate). Placeholder figures; verify current entry rules with each destination’s authority before travelling.
Citizenship
Rules change often and depend on your situation. Confirm any citizenship decision with a qualified professional, or do your own research, before acting.
| Years required | 5 years residence, or ~3–6 months via the investment route |
|---|---|
| Dual allowed | true |
| Language | Turkish for standard naturalisation; none for the investment route |
| Residence | 5 years continuous residence (standard) or qualifying investment |
| Notes | CBI requires ~US$400k in real estate (held 3 years) or set bank deposit/fixed-capital options. |
- Presidency of Migration ManagementMay 2026
- Revenue Administration (GİB)May 2026
- Turkish Citizenship by Investment (official e-Government portal)Jun 2026
- UNDP Human Development Report 2025Jun 2026
- Internet Society Pulse Internet Resilience IndexJun 2026
- World Bank World Development IndicatorsJun 2026
- ILOSTAT (International Labour Organization)Jun 2026
Residence
Rules change often and depend on your situation. Confirm any residence / visa decision with a qualified professional, or do your own research, before acting.
Our 0–100 score combines how international the population already is (migrant stock at 45%), governance quality (regulatory quality at 25%), and the curated residence-pathway signal (30%). Available indicators are reweighted; the published values are shown below.
| Student | Student residence permit; limited part-time work. |
|---|---|
| Work | Work permit tied to an employer; quotas for foreign staff. |
| Self-employed | Company formation straightforward; independent work permit available. |
| Permanent | Long-term residence after 8 years; or citizenship via investment. |
- Presidency of Migration ManagementMay 2026
- Revenue Administration (GİB)May 2026
- Turkish Citizenship by Investment (official e-Government portal)Jun 2026
- UNDP Human Development Report 2025Jun 2026
- Internet Society Pulse Internet Resilience IndexJun 2026
- World Bank World Development IndicatorsJun 2026
- ILOSTAT (International Labour Organization)Jun 2026
Money & business
Taxes
Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.
| Personal | 15–40% progressive |
|---|---|
| Corporate | 25% |
| Capital gains | Up to 40%; real-estate gains exempt after 5 years' holding |
| Dividends | 10% (reduced from 15%) |
| Exit tax | None standard |
| Foreign cos | CFC rules apply |
- Presidency of Migration ManagementMay 2026
- Revenue Administration (GİB)May 2026
- Turkish Citizenship by Investment (official e-Government portal)Jun 2026
- UNDP Human Development Report 2025Jun 2026
- Internet Society Pulse Internet Resilience IndexJun 2026
- World Bank World Development IndicatorsJun 2026
- ILOSTAT (International Labour Organization)Jun 2026
Personal tax
Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.
| Personal | 15–40% progressive |
|---|---|
| Freelance | Independent work permit; company route common |
| Capital gains | Up to 40%; real-estate gains exempt after 5 years' holding |
| Dividends | 10% (reduced from 15%) |
| Exit tax | None standard |
- Presidency of Migration ManagementMay 2026
- Revenue Administration (GİB)May 2026
- Turkish Citizenship by Investment (official e-Government portal)Jun 2026
- UNDP Human Development Report 2025Jun 2026
- Internet Society Pulse Internet Resilience IndexJun 2026
- World Bank World Development IndicatorsJun 2026
- ILOSTAT (International Labour Organization)Jun 2026
Corporate tax
Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.
| Corporate | 25% |
|---|---|
| Capital gains | Up to 40%; real-estate gains exempt after 5 years' holding |
| Dividends | 10% (reduced from 15%) |
| Foreign cos | CFC rules apply |
- Presidency of Migration ManagementMay 2026
- Revenue Administration (GİB)May 2026
- Turkish Citizenship by Investment (official e-Government portal)Jun 2026
- UNDP Human Development Report 2025Jun 2026
- Internet Society Pulse Internet Resilience IndexJun 2026
- World Bank World Development IndicatorsJun 2026
- ILOSTAT (International Labour Organization)Jun 2026
Business
Our 0–100 score leans on the two things founders ask about most: the tax burden (headline corporate rate at 20%, broader tax friendliness at 15%, and freedom from exit-tax / CFC rules at 10%) plus the regulatory and bureaucratic environment (regulatory quality 15%, government effectiveness 15%), on top of the curated company-rules signal (25%). Available indicators are reweighted; the values are shown below.
| Foreign co. | Yes: 100% foreign ownership permitted |
|---|---|
| Local co. | A.Ş. or Ltd. Şti.; formation in days |
| Freelance | Independent work permit; company route common |
| Corporate tax | 25% |
| Capital gains | Up to 40%; real-estate gains exempt after 5 years' holding |
| Exit tax | None standard |
| Foreign cos | CFC rules apply |
Investment
Rules change often and depend on your situation. Confirm any investment / tax decision with a qualified professional, or do your own research, before acting.
Our 0–100 score is mostly the investor-tax signal (capital-gains treatment, broker access, wealth tax, and ETF or other taxes on investment, 70%), lightly contextualised by equity-market depth (market cap / GDP at 18%) and credit depth (domestic credit to the private sector / GDP at 12%). Available indicators are reweighted.
| Capital gains | Property gains exempt after 5 years; securities taxed variably |
|---|---|
| Dividends | Data not available yet |
| ETFs & funds | Data not available yet |
| Wealth tax | None (property tax applies) |
| Brokers | Local brokers; foreign access via international platforms |
| Foreign access | Data not available yet |
| Tax-advantaged | Data not available yet |
Economy
Our 0–100 score combines income level (GDP and GNI per capita, output per worker), growth momentum (real GDP growth), price stability (inflation) and labour utilisation (unemployment). Available indicators are reweighted; the sector split and industry profile below are descriptive, not scored.
| Type | Upper-middle-income, manufacturing- and export-led |
|---|---|
| Key sectors | Manufacturing & automotive, Textiles, Tourism & construction |
| Summary | A diversified manufacturing and export economy bridging Europe and Asia, strained by high inflation. |
| Currency | Turkish lira (history of high inflation and depreciation) |
Wealth building
Rules change often and depend on your situation. Confirm any tax / investment decision with a qualified professional, or do your own research, before acting.
How favourable Turkey is for building wealth: earnings and business/investment upside, tax drag, and how much a typical income keeps after living costs. Estimated from the factors below.
Living, study & work
Education
Our 0–100 score combines attainment (expected schooling at 30% and mean schooling at 25%) with participation (tertiary enrolment at 25%) and public investment (government education spending at 20%). Available indicators are reweighted; tuition and study rules remain separate profile fields below.
| Tuition | $3,000–10,000 / yr |
|---|---|
| Public uni | Public universities low-cost; many English-taught programs |
| Languages | Turkish, English (many programs) |
| Student work | Limited part-time work for students |
Salary & work
Our 0–100 score combines output per worker (a proxy for wage potential at 40%), unemployment (35%) and labour-force participation (25%). Available indicators are reweighted; the curated profile fields remain below.
| Freelance | Growing; many earn in foreign currency to hedge inflation |
|---|---|
| Job market | Istanbul is the economic & tech hub; gaming/startup scene active. |
Cost of living
Our 0–100 affordability score is derived from the local consumer price level (World Bank, US = 100): the cheaper everyday prices are, the higher it scores. Lower price level means your money goes further here.
| Rent | $400–900 (1BR Istanbul) |
|---|---|
| Monthly | $900 |
| Cities | Istanbul, Ankara, Izmir, Antalya |
Buying power
Our 0–100 score estimates how far money goes for the typical person here. It combines GNI per capita at PPP (30%) and actual household consumption per person at PPP (15%) with a price-advantage term from the local price level (25%) that rewards lower prices, then adjusts for income equality via the Gini index (20%), so unequal economies don't ride a high average, plus price stability via consumer inflation (10%). Available indicators are reweighted; it is a comparison, not a personal budget estimate.
Quality of life
Safety
Our 0–100 score combines personal safety (intentional homicide rate at 35%), institutional quality (rule of law at 25% and control of corruption at 20%), and political stability and absence of violence (20%). Available indicators are reweighted; the published values are shown below. Always check current government travel and security advice before relocating.
Healthcare
Our 0–100 score combines health outcomes (life expectancy at 25% and under-5 mortality at 20%) with system capacity (physicians at 20% and hospital beds at 15% per 1,000 people) and health spending per capita (20%). Available indicators are reweighted; the published values are shown below.
| System | Universal public (SGK) + strong private/medical-tourism sector |
|---|---|
| Insurance | SGK for residents; private insurance common for permits |
| Avg cost | Private cover ~$300–800 / yr |
Infrastructure
The score combines digital access, resilience and download performance (30%), electricity access and network losses (30%), and transport infrastructure covering rail, logistics and aviation (40%). Available inputs are reweighted, but a country needs both digital and transport data to receive a score.
Sources: World Bank World Development Indicators · Internet Society Pulse Internet Resilience Index
HDI
The UN Human Development Index is the geometric mean of three dimension indices (a long and healthy life, knowledge, and a decent standard of living), shown on a 0–100 map scale (HDI × 100). The 2023 UNDP inputs behind each dimension are listed below.
Resources
Official references and quick links for Turkey. Always confirm against the primary source before acting.
Rules change often and depend on your situation. Confirm any immigration, tax or legal decision with a qualified professional, or do your own research, before acting.
Mock data for demonstration only. Not legal or tax advice.