Turkey Launches 20-Year Strategic Plan: Major Tax Reforms to Attract Global Investors

Turkey has unveiled a long-term strategic plan extending over 20 years, aimed at attracting high-value global investors and positioning the country as a competitive financial hub with strong tax advantages.

The initiative reflects a clear shift toward enhancing Turkey’s investment environment through a comprehensive package of tax incentives, regulatory simplifications, and capital-friendly policies.

Key Highlights of the Plan

Tax Exemption for Individuals

The plan introduces a full tax exemption for up to 20 years for individuals relocating to Turkey, provided they have not been tax residents in the country during the past three years.

This exemption applies to all foreign-sourced income, while only income generated within Turkey will remain subject to local taxation.
In addition, inheritance and gift taxes have been significantly reduced to just 1%.

Corporate Tax Reductions

Industrial exporters will benefit from a reduced tax rate of 9%, while other exporters will be taxed at 14%.

Profits generated from transit trade activities will enjoy near-total tax exemptions, reinforcing Turkey’s role as a regional trade gateway.

Incentives for International Companies

The plan offers strong incentives for global companies relocating their regional headquarters to Turkey.

These include:

• Tax exemptions of up to 20 years on foreign income
• Strategic support within the Istanbul Financial Center
• Access to a rapidly growing regional market

Capital Repatriation Program

Turkey is facilitating the return of funds, gold, and financial assets held abroad through a low-tax framework, with rates ranging between 2% and 3%.

This measure is designed to increase capital inflows and strengthen liquidity within the Turkish economy.

Simplified Procedures

A “one-stop-shop” system will streamline processes related to:

• Company formation
• Residency permits
• Licenses and approvals
• Government transactions

This approach aims to reduce bureaucracy and improve transparency for investors.

Strategic Objectives

The plan leverages Turkey’s geographic position as a bridge between Europe and Asia while enhancing its global competitiveness.

The broader goal is to position Turkey as:

• A tax-efficient destination
• A regional financial hub
• A key entry point for international capital

The proposed measures will be submitted to parliament and may undergo adjustments before full implementation.

Investment Outlook

These structural reforms significantly strengthen Turkey’s position as an attractive investment destination.

In this context, land investment opportunities in Yenişehir, along the route of the Istanbul Canal project, are gaining increased relevance.
The combination of infrastructure development and investor-friendly policies creates a favorable environment for medium- to long-term growth.

At Go Smart, we provide direct access to carefully selected land portfolios within planned zones, enabling investors to enter the market based on analysis—not speculation.

📌 This is not just a policy shift—it is a structural transformation in how Turkey positions itself in the global investment landscape.