20 Turkey 20-Year Tax

Türkiye · Law No. 7582 · Effective 2026

Türkiye's 2026 Tax Package for New Residents & Global Investors

A 20-year exemption on foreign income, a 0–5% asset amnesty, and a 95–100% corporate deduction for regional operations. Here is what Law No. 7582 actually says — and who benefits.

The 20-Year Exemption See what changed
An educational resource by Bayraktar Attorneys, an Istanbul law firm advising international clients on Turkish tax, residency and corporate law.
Written by Turkish tax & corporate lawyers · Primary legal references cited · Updated for the 2026 reform
20 yrs
foreign income exempt for new residents
0–5%
one-off tax to regularise foreign assets
95–100%
corporate deduction for service centres

What changed in 2026

On 4 June 2026, Türkiye published Law No. 7582 in Official Gazette No. 33270, enacting the most significant package of investor- and resident-focused tax incentives in a generation. Parliament passed it on 21 May 2026; the President signed it on 3 June. The reform is aimed squarely at attracting globally mobile people and capital — high-net-worth individuals, returning Turkish professionals, and international groups looking for a regional base.

Three measures stand out, and this site explains each in plain English, with the exact conditions, rates and deadlines that determine whether you actually benefit.

Income Tax · GVK Mükerrer 20/D

The 20-Year Foreign Income Tax Exemption

New Turkish tax residents can shelter foreign-source income and gains from Turkish income tax for 20 years — no annual lump-sum charge.

Read the guide →

Asset Peace · KVK Geçici Madde 19

Turkey's 2026 Asset Amnesty (Varlık Barışı)

Bring foreign-held cash, gold, FX and securities into the Turkish system at a one-off 5% rate — reducible to 0% with a holding commitment.

Read the guide →

Corporate · FDI Law No. 4875

The Qualified Service Centre Regime

Global groups running regional operations from Türkiye can deduct 95% — up to 100% — of qualifying foreign-source service income for 20 periods.

Read the guide →

Who the 2026 package is for

Key dates & figures at a glance

Türkiye 2026 tax package — headline parameters (Law No. 7582)
MeasureHeadline benefitLegal basisKey date
Foreign income exemption20-year exemption on foreign-source income & gainsIncome Tax Law, Mükerrer Md. 20/DApplies to residents from 1 Jan 2026
Asset Peace (amnesty)5% one-off, reducible to 0%Corporate Tax Law, Geçici Md. 19Declare by 31 Jul 2027
Qualified Service Centre95%–100% corporate tax deductionFDI Law No. 4875Periods from 1 Jan 2026
Inheritance & gift (new residents)Preferential 1% rateInheritance & Gift Tax LawDuring exemption period
Manufacturing corporate taxCut from 25% to 12.5%Corporate Tax LawFrom 2026
Istanbul Financial Centre100% exemption on services-export incomeIFC regimeExtended to 2047
Note: The exemption applies to individuals treated as Turkish tax residents from 1 January 2026, even though the law was published in June — a limited retroactive reach. Some mechanics (documentation, the certificate procedure) are being finalised in Ministry communiqués.

How Türkiye compares internationally

Countries competing for wealthy, mobile residents typically charge an annual lump sum for a non-dom style exemption. Türkiye's version is unusual on two counts: it runs for a full 20 years, and it imposes no fixed annual charge on foreign-source earnings at all.

Foreign-income / non-dom regimes compared (illustrative, 2026)
CountryAnnual charge on foreign incomeDuration
TürkiyeNone (0% on qualifying foreign income)20 years
Italy€300,000 flat per yearUp to 15 years
Greece€100,000 flat per yearUp to 15 years

The trade-off: because the foreign income is fully exempt, you cannot deduct related expenses or credit foreign taxes paid on it against Turkish tax. We explain when that matters in the 20-year exemption guide.

Thinking of relocating, investing or restructuring into Türkiye?

Eligibility turns on details — your residency history, income mix and timing. Bayraktar Attorneys advises foreign investors and returning professionals on getting it right from day one.

Speak to a Turkish tax & residency lawyer →

Frequently Asked Questions

What is Türkiye's 2026 tax package?
It is a set of tax incentives enacted by Law No. 7582 (published 4 June 2026) to attract residents and capital. Its three headline measures are a 20-year exemption on foreign-source income for new tax residents, an 'Asset Peace' amnesty to regularise foreign assets at 0–5%, and a Qualified Service Centre regime giving global groups a 95–100% corporate tax deduction.
Who can benefit from the 20-year foreign income exemption?
Individuals who become Turkish tax residents from 1 January 2026 and who had no Turkish domicile and no Turkish tax liability in the previous three calendar years. It is not restricted by nationality, so both incoming foreigners and returning Turkish citizens can qualify.
Is the Asset Peace regime a tax amnesty?
Not in the classic sense. It is a regularisation regime: you declare foreign-held or unrecorded assets and pay a one-off charge of 5% (reducible to 0% with a holding commitment). In exchange, declared assets are generally protected from tax inspection where the conditions are met.
When do these measures take effect?
Law No. 7582 was published on 4 June 2026. The foreign income exemption applies to people treated as resident from 1 January 2026; Asset Peace declarations run until 31 July 2027; and the Qualified Service Centre rules apply to accounting periods beginning on or after 1 January 2026.
Is this page legal advice?
No. This is general information based on the published law and official guidance. Eligibility depends on your specific facts, and secondary legislation is still being issued. Speak to a qualified Turkish tax adviser before acting.