Published: 01.06.2026
According to the source, Türkiye’s parliament adopted legislation providing a 20-year tax holiday for new residents. Under the measure as described, foreign-source income would not be subject to tax.
If the measure described is applicable to new residents, it could materially affect long-term financial planning for a move to Türkiye. It is most relevant to people earning income outside Türkiye who are considering becoming tax residents there. The duration of the incentive and the eligibility criteria for being a “new resident” are therefore important for assessing its practical value. According to the source, this is worth monitoring, while investors and prospective residents should verify the rules before relocating.