Europe · TRY
Turkey
Reviewed 2026-06-21
Top income tax
40%
Self-employed SS
Yes
VAT
20%
Capital gains
40%
Exit tax
No
Nomad visa
Yes
54
/ 100
Tax efficiency25
Ease to enter88
Ease to exit65
Cost of living91
Internet14
English25
Turkey taxes residents on worldwide income using a progressive scale from 15% up to 40%, with a 25% corporate rate and a 20% standard VAT. Self-employed founders must enroll in the mandatory Bag-Kur social security scheme and pay the full premium themselves. A government digital nomad visa requiring about 3,000 USD monthly income makes relocation feasible, and the low cost of living is offset by high inflation, currency volatility, and limited English outside major cities.
Personal income tax
Income tax structureProgressive
Top income tax rate40%
Entry income tax rate15%
Top rate threshold$135,000
Taxation basisWorldwide
Local/state income taxNo
Social security
Self-employed social securityYes
Employee SS rate15%
Employer SS rate22.75%
Indirect & other taxes
VAT standard rate20%
Capital gains rate40%
Long-hold CGT exemptionYes
Wealth taxNo
Inheritance/gift taxYes
Inheritance top rate30%
Property taxNo
Exit & residency
Exit taxNo
EU/EEA deferralNo
Days to trigger residency183 days
Corporate
Corporate income tax rate25%
WHT on dividends15%
CFC rulesYes
Incentives & special regimes
Special expat regimeNo
Immigration & setup
Digital nomad visaYes
DNV monthly income requirement$3,000
Entrepreneur visaYes
Ease of setup4 / 5
Lifestyle
Cost of living index31
Internet speed69 Mbps
English proficiencyLow
Civil liberties27
Sources
- PwC Worldwide Tax Summaries — Turkey Individual Taxes on Personal Income
- PwC Worldwide Tax Summaries — Turkey Individual Other Taxes (social security, VAT, inheritance)
- PwC Worldwide Tax Summaries — Turkey Corporate Withholding Taxes
- EY Global Tax Alert — Turkiye increases dividend withholding tax from 10% to 15%
- GoTurkiye Digital Nomads — Application requirements for digital nomad visa
Informational only. Nothing here is tax, legal, or financial advice. Tax rules change often and vary by personal circumstance. Verify every figure against an official source and a qualified adviser before acting. Figures are re-expressed from public sources and cited per country.